C-UAS
Morocco’s Royal Armed Forces have acquired from a Ukrainian firm, the Proximus Bukovel AD system. This new system will allow the FAR to annihilate any threat of drones, noted the Website FAR-Maroc, which disclosed the news. Moroccan air defense is being strengthened with the acquisition, from the Ukrainian
Business
SeekOps Inc., a company which develops and fields advanced sensor technology to detect, localize, and quantify natural gas emissions through integrated drone-based systems, has secured funding from two strategic investors as part of its Series A-1 fundraising. These investors include the OGCI Climate Investments fund (OCGI CI), and
Business
General Atomics Aeronautical Systems Inc., Poway, California, was awarded a $29,316,074 modification (P00016) to contract W58RGZ-19-C-0027 for performance based logistics support services for the MQ-1C Gray Eagle unmanned aircraft system. Work will be performed in Poway, California, with an estimated completion date of Sept.
Business
Baykar Makina, the private Turkish drone maker with family ties to President Recep Tayyip Erdogan, will receive government support to expand output. The company plans to invest 600 million liras ($106 million) to increase its production of unmanned aerial vehicles, according to a presidential decree published Thursday in the nation’
Commercial
Tokyo-headquartered Terra Drone Corporation, the world’s largest industrial drone services provider, has finalized its expansion into the Australian market after completing an equity investment in Australian firm, C4D Intel Pty Ltd. As part of the deal, C4D Intel will immediately rebrand to Terra Drone Australia. The move by
Electronic Sub-Systems
Just a few days after the acquisition of Aeronautics by Rafael Advanced Defense Systems and Avichai Stolero was completed, the new owners are working on a deal to make back almost half of their NIS 850 million investment in the acquisition of the Israeli unmanned aerial vehicle (UAV) developer and
Business
Israeli defense giant Rafael Advanced Defense Systems and businessman Avihai Stolero have completed their acquisition of unmanned aerial vehicle (UAV) manufacturer Aeronautics, the parties announced on Tuesday. The NIS 850 million ($240m.) deal, expected to be finalized in the coming days, will see Rafael and Stolero hold equal shares of
Business
AgEagle Aerial Systems, Inc., a provider of advanced aerial imagery and data collection and analytics solutions for the sustainable agriculture, precision farming and urban green management markets, has begun to actively pursue expansion opportunities within the emerging Drone Logistics and Transportation market – a market forecasted to grow to $29 billion
Business
General Atomics Aeronautical Systems Inc. (GA-ASI) of Poway, California was awarded a maximum $78,000,000 indefinite-delivery/indefinite-quantity contract with firm-fixed-price and cost-plus-fixed-fee contract line items with potential maximum estimated values of $93,000,000. The contract is for the integration and
Business
General Atomics Aeronautical Systems, Inc. (GA-ASI) has announced that four more Belgium-based businesses have been selected to join five previously identified companies to support the development of MQ-9B SkyGuardian RPA for Belgium. AeroSimulators Group (ASG), AIRobot, ALX Systems and Hexagon will join Team SkyGuardian, which already includes
Business
Houston-based, Trumbull has supported ExxonMobil since 2014 and was one of the first US companies approved for operations. Recently awarded a 5-year Unmanned Aircraft Systems (UAS) Agreement, Trumbull will expand drone data collection and inspections as part of a new contract. “Trumbull is grateful to serve amazing clients.
Business
The Defense Department’s effort to connect sources of capital with small companies that need investment will begin with a focus on those that design and manufacture small unmanned aerial systems, the Pentagon’s acquisition chief told reporters. The Trusted Capital Marketplace will begin with a first meeting of investors