Business
As 2018 came to a close, the Civil Aviation Authority (CAA) awarded Hybrid Air Vehicles Ltd a Production Organisation Approval. Following the successful award of our Design Organisation Approval from the European Aviation Safety Agency (EASA) in October 2018, this latest achievement sees HAV starting 2019 in a strong position
Business
Israel's state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero have offered to buy unmanned aerial vehicle maker Aeronautics for 850 million shekels ($232 million). The news sent shares of Aeronautics up 37 percent in morning trade in Tel Aviv on Sunday. Aeronautics rejected a 430 million shekel
Weapons Systems / Lasers
Elbit Systems has sold Azerbaijan its latest unmanned aerial vehicle which is capable of long-range precise tactical kamikaze strikes, The Jerusalem Post has learned.Called the SkyStriker, it has been described by Elbit Systems “as a silent, invisible, and surprise attacker,” which “delivers the utmost in precision and reliability, providing
Business
The Royal Thai Navy has announced its desire to purchase the Royal Thai Air Force (RTAF) U-1 Unmanned Aerial System (UAS), produced by RV Connex Company Ltd (RV Connex). It has been decided, following a selection, that the Royal Thai Navy would acquire the RTAF U-1 UAS as its new
Business
As part of the new operational capabilities (NCO) market for PCBs (projection and command building), a second Camcopter S-100 aerial drone equipped with an AIS receiver * was delivered and received by the DGA at the end of November 2018, on the Naval Air Station Hyères (Var). Immediately transferred to the
Commercial
Israel Aerospace Industries (IAI) signed a first of its kind agreement with Santos Lab Comercio E Industria Aerospacial LTDA, (Santos Lab) on use of UAVs and advanced analytics for large scale precision agricultural applications. Under the agreement, IAI will provide the UAV systems and analyze the collected data. Santos Lab
Business
Aeronautics is in talks to sell its 50% stake in Controp Precision Technologies, a maker of electro-Optical and precision motion control systems for defense and homeland security applications, to the U.S. private equity giant KKR at a $150 million valuation, TheMarker has learned. Aeronautics, the troubled maker of military
Business
The US Coast Guard (USCG) has again selected Insitu and its ScanEagle for the Small Unmanned Aerial System (SUAS) for National Security Cutter (NSC) programme, this time as part of corrective action from its original contract award. Insitu spokesperson Jennifer Beloy said on 31 December 2018 that the company was
UAM/UTM
Unifly, a Belgium-based drone traffic management provider, has raised a total of 14,6 mio Euro ( 16,8 mio US$ ) in a B-round, bringing the total invested capital so far to 21 mio Euro ( 26,5 mio US$ ). Investors in this new round of financing include the existing shareholders QBIC,
Business
Israel Aerospace Industries (IAI) is considering the acquisition of fellow unmanned aerial vehicle (UAV) manufacturer Aeronautics, it has been revealed. In a Tel Aviv Stock Exchange (TASE) notification, Aeronautics claimed that IAI is in talks regarding the buy, adding in a separate notification that it is also discussing the sale
Commercial
DroneUp has announced that it is collaborating with SkyWatch.AI to provide on-demand, automated flight insurance coverage to Part 107 pilots when they execute commercial missions delivered in the DroneUp app. The liability coverage will be carried by DroneUp at no additional charge to its participating drone pilots. After notifying,
Business
Insitu Inc., Bingen, Washington, is awarded $12,167,690 for firm-fixed-price delivery order N0001919F2638 against a previously issued basic ordering agreement (N00019-15-G-0014). This delivery order provides for the procurement of spare and sustainment parts that are required to maintain the RQ-21A Blackjack unmanned aircraft system in support of the Naval