Business
Israel's state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero signed a deal to buy unmanned aerial vehicle maker Aeronautics for 850 million shekels ($235 million) in cash, according to a regulatory filing. The purchase price of 15.36 shekels a share is double that of Aeronautics'
VTOL
Leonardo has opened its new facility in Pisa, Italy, dedicated to the development and production of the AWHERO rotary unmanned air system (RUAS). During the official ceremony, also attended by national and local authorities and representatives from the industry, the first pre-production aircraft was also officially unveiled. Alessandro Profumo, CEO
Business
Two weeks after its export licenses were reinstated, the Israeli defense company Aeronautics has announced that it won a multi-million dollar contract with Azerbaijan. The two-year contract is worth $13 million and will see maintenance work for the Orbiter drones sold to a key client, according to a company statement.
Business
The German UAS-engine manufacturer Sky Power is refining its production, and in this context has put Ersa soldering tools into operation. These are used in the in-house electronics workshop. The new soldering tools are Ersa i-CON 1 soldering stations with integrated solder fume extraction. These are used for the conversion
Business
Renewable energy consultancy and service provider, Natural Power, has acquired the Texas-based firm Ascent Technologies – a developer of software for commercial unmanned aerial systems (UAS) operations. The specialist software, which has been developed by Ascent Technologies during the course of the past two years, will enable Natural Power to automate
Business
Australian based blockchain mapping company SOAR, and UK identification and tracking technology company RelmaTech, have entered into a ground-breaking partnership that will significantly enhance the drone operations and delivery of live sensor data feeds for SOAR users. The partnership brings RelmaTech’s unique real-time drone management and precision tracking capabilities
Commercial
Delair, a supplier of commercial drone solutions, has announced the expansion of its customer service operations with the qualification and opening of its first two repair and maintenance centers in the US. Delair has partnered with Frontier Precision and Seiler Instrument, both experienced drone resellers and service providers, to provide
Business
The U.S. Navy has awarded Northrop Grumman a contract for five additional MQ-8C Fire Scout unmanned helicopters. Northrop Grumman Systems Corp., was awarded $55, million for modification to a previously awarded contract. This modification provides for the procurement of five MQ-8C Fire Scout unmanned air systems and two lightweight
Business
The U.S. Army has awarded SRC Inc.of Cicero a $108 million contract to help it defeat enemy drones on the battlefield, marking one of the company’s single largest orders for the technology. SRC and Pentagon officials said the contract is for mobile systems that counter small, slow
Business
Honeywell and Pipistrel have signed a memorandum of understanding that will bring both companies together to explore and develop solutions for the urban air mobility market. The companies will integrate Honeywell avionics, navigation, flight control systems, connectivity and other beneficial products and services onto a future Pipistrel Vertical Takeoff and
Business
Northrop Grumman Systems Corp., San Diego, California, is awarded a $19,590,756 modification (P00020) to a previously awarded cost-plus-fixed-fee contract (N00019-17-C-0033). This modification provides for the procurement of software design and system integration, qualification testing, and cybersecurity activities as well as engineering services in support the MQ-8 Fire Scout
Business
FLIR Systems, Inc. announced that it has acquired Aeryon Labs Inc., a developer of high-performance unmanned aerial systems (UAS) for the global military, public safety, and critical infrastructure markets for $200 million. Aeryon’s vertical takeoff and landing quad-copter airframes integrate multiple sensors, including FLIR thermal technology, to provide users