Business
Skyborne Technologies has announced the completion of Series A capital raise of US$2.45M. The funds will support the growth and continued development of the lightest armed micro tactical UAV, targeting the defence and law enforcement market. The capital raised is from a private institutional investor based in Abu
Business
Volans-i, Inc., an on-demand aerial delivery business based in San Francisco, has raised $20 Million in Series A funding. The funding was led by Lightspeed Venture Partners, who was the lead investor for Volans-i’s seed round funding, with support from Y Combinator. Volans-i builds and operates high-speed long-range drones
C-UAS
North East based property and investment business, Adderstone Group, has invested a seven-figure sum into OpenWorks Engineering, an award-winning, hi-tech product company which is developing world-leading security and counter-terrorism products. OpenWorks, which operates from premises in Stocksfield, Northumberland, has developed a unique and innovative drone capture system named SkyWall, which
Business
After inviting Expressions of Interest for a possible buyout, Piaggio Aerospace is ready to participate in the European Business Aviation Convention and Exhibition (EBACE 2019), to be held in Geneva, Switzerland from May 21st-23rd. In collaboration with AirGO Private Airline, a European charter company operating one of the largest P.
C-UAS
Liteye Systems, Inc, identified by US DoD NORTHCOM as a Subject Matter Expert in Countering UAS (Unmanned Aerial Systems) threats, was recently invited to attend a collaboration session between Government and Industry to better define emerging threats across North America. NORTHCOM is a Unified Combatant Command of the U.S
Business
Northrop Grumman received a one-year, $163.6M contract to provide a range of support services for the U.S. Army’s fleet of MQ5B Hunters. The company will help the military branch operate, engineer, reconfigure and maintain the unmanned aerial systems as part of the cost-plus-fixed-fee award. Army Contracting Command
Business
Japan-based Terra Drone Corporation (CEO: Toru Tokushige), a provider of industrial drone solutions, has extended its commitment to the African region by setting up a new branch, Terra Drone Angola. The decision to establish a permanent presence in Angola came after receiving multiple contracts from major oil and gas companies
Construction
Commercial
Massachusetts-based Ascent AeroSystems has announced the specifications, pricing, availability and launch customer for “Spirit”, its new dual-rotor coaxial drone and named Huntsville, Alabama-based Dynetics as the launch customer. “Bulky, fragile and unable to fly in bad weather, today’s ‘industrial’ drones are not well-suited for mission-critical operations. Damage from normal
Business
US Naval Air Systems Command (NAVAIR) is taking a novel crowdsourcing approach to deciding what unmanned air vehicle (UAV) and components to acquire for the US Marine Corps MUX programme. NAVAIR plans a series of prize competitions where companies will pitch what they believe to be the best technology for
Commercial
SkyX systems, an aerial monitoring solutions provider, has partnered with E'Kabel, a leading multinational supplier of fiber optic sensing technology, to provide oil and gas pipeline operators with a premier inspection and monitoring solution. Together, SkyX and E'Kabel offer a comprehensive inspection solution for midstream infrastructure.
Business
AeroVironment, Inc. , and Kratos Defense & Security Systems, Inc. Unmanned Systems Division, have announced a new strategic relationship to develop and demonstrate highly integrated and operationally effective multi-domain unmanned system solutions for near-peer, denied environments. “With sufficient onboard autonomy, sensors, payloads and an integrated system design, we aim to demonstrate