Business
China is making significant headway in terms of international arms sales, with the country having surged into fifth place globally and now trailing only the USA, Russia, France and Germany respectively. However, there are numerous signs that the quality of Chinese military products is lacking, with even US government officials
Business
Following an extensive competitive tender process, Schiebel was awarded its first contract with the RTN, which was signed by Schiebel’s CEO Hannes Hecher and Admiral Prachachart Sirisawat, Director General Naval Acquisition Management office of the Royal Thai Navy, and authorised by Commander In Chief of Royal Thai Navy Headquarters
Business
Airbus Defence and Space has partnered with U.S. based Amprius Inc’s current equity funding. This financing will further boost the development of new generation batteries based on Silicon Nanowire Anode technology. Airbus Defence and Space’s investment will help drive the development of higher volume production capacity along
C-UAS
Blighter Surveillance Systems Ltd., a British designer and manufacturer of electronic-scanning (e-scan) radars and counter-drone solutions, has secured a significant growth capital loan from BOOST&Co to further exploit the success of its advanced radars and counter-drone solutions for use by airports, nuclear power stations,
UAM/UTM
Kongsberg Geospatial, an Ottawa-based air traffic management company, and AiRXOS, part of GE Aviation, announced that AiRXOS has fully integrated the real-time airspace picture from the Kongsberg Geospatial IRIS airspace management application into the AiRXOS’ Air Mobility Platform for unmanned traffic management. The Kongsberg Geospatial IRIS airspace management
Business
GE Aviation has announced a teaming agreement with Hybrid Project to provide a vertical takeoff and landing (VTOL) UAV designed for high endurance commercial applications at scale. Flight testing will commence in Q4 this year with commercial availability targeted for Q1 2020. The agreement enables Hybrid Project’s 35-pound
Business
AirMarket Inc. and TELUS have signed a Letter of Intent (LoI) that underpins their new strategic alliance, which aims to accelerate the development and deployment of Unmanned Traffic Management services for the global drone market. Utilizing the power of Canada’s largest and fastest network, AirMarket and TELUS are combining
Business
Porsche and Boeing have signed a Memorandum of Understanding to explore the premium urban air mobility market and the extension of urban traffic into airspace. With this partnership, both companies will leverage their unique market strengths and insights to study the future of premium personal urban air mobility vehicles. "
Business
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a not-to-exceed $17,868,222 undefinitized contract action for the France MQ‐9 Block 5 weaponization and Foreign Military Sales (FMS) Pod Integration effort. This contract provides for the weaponization of the French Air Force MQ‐9 Block
Business
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a not-to-exceed $21,723,507 cost-plus-fixed-fee and firm-fixed-price undefinitized contract modification (P00003) to previously awarded FA8620-18-C-2009 for the United Kingdom MQ-9B Protector program. This contract modification provides for the
Transport
Electric truck maker Workhorse Inc. is selling its Surefly flying car project to aerospace and defense contractor Moog Inc. for $4 million and forming a joint venture with Moog to boost its truck-based drone delivery efforts. Workhorse had been trying to sell the Surefly vertical-lift copter assets to
Transport
Drone Delivery Canada Corp. has announced that with the assistance of its sales agent Air Canada, it has entered into a commercial agreement dated October 22, 2019 with DSV Air & Sea Inc. Canada, the Canadian arm of the global transport and logistics company DSV Panalpina A/S, to deploy