Business
Tokyo-headquartered Terra Drone Corporation, has entered into an investment agreement with NDT Corrosion Control Services Co. (NDTCCS), a leading Saudi company which has been providing nondestructive testing and inspection services in the Middle East since 1975. With this agreement, Terra Drone and NDTCCS will establish a new joint venture,
Business
Paragon VTOL Aerospace, a global vertical take-off and landing (VTOL) aircraft provider for numerous industries, has adopted solutions from Siemens Digital Industries Software for its product development process. Paragon produces industry-specific drone hardware ranging from security applications for agricultural theft and commuter law adherence to human passenger drones.
Business
Leonardo’s board of directors has approved a plan for the company to absorb its unmanned aerial vehicle manufacturing Sistemi Dinamici subsidiary into the main business line of the firm. Sistemi Dinamici develops, produces and sells UAVs, in particular the AWHero unmanned helicopter, and became a subsidiary of Leonardo in
Business
Altitude Angel, a global unmanned traffic management (UTM) provider, and Pierce Aerospace, the U.S. based remote identification system supplier, have agreed to form an alliance with the goal to bring automated drone flight a step closer. Capitalising on the two businesses core strengths, the partnership will explore the opportunities
Business
Unifly NV, a provider of unmanned traffic management (UTM) software for drone enablement, has completed a €17m Series B capital raise bringing in investors including Deutsche Flugsicherung (DFS - the national air traffic control authority of Germany) and FPIM (sovereign wealth fund of Belgium). Unifly's most recent investor is
Business
Karem Aircraft’s Future Attack Reconnaissance Aircraft (FARA) competitive prototype bid has received a big boost, with the addition of Northrop Grumman and Raytheon to its team. FARA is the US Army’s proposed new armed scout aircraft, which will serve as a replacement for its retired fleet of Bell
Business
In a first-of-its-kind assessment, Frost & Sullivan has recently evaluated the 22 top DSPs around the globe based on their growth performance and ability to innovate. Of these 22 companies, only 5 fell into the “sweet spot” range on the Frost Radar which exhibits the optimal mix
Business
General Atomics Aeronautical Systems Inc., Poway, California, was awarded an $80,052,248 cost-plus-fixed-fee contract for contractor logistics support for the Gray Eagle Block 0 Unmanned Aircraft System. One bid was via the internet with one bid received. Work will be performed in Afghanistan, and Poway, California,
Business
Heliguy, a UK drone provider, has been awarded a major nationwide contract with Network Rail, as part of an Unmanned Aircraft Services framework worth up to £2.6million. The North East-based UAV (unmanned aerial vehicle) specialist has been specially selected to supply, maintain, repair and service Network Rail’s
Business
Israeli defense company Aeronautics announced a deal worth $8 million to sell their advanced Orbiter 3 drone to an unnamed country. As part of the deal, Aeronautics will provide its new Orbiter 3 unmanned aerial vehicle as well as the maintenance and support services to country “B,” the company said
Business
The Navy last week announced a contract award to Boeing Insitu worth up to $390 million for the RQ-21A Blackjack unmanned air vehicle. The award is for as many as 63 RQ-21A Navy and Marine Corps "attrition air vehicles," in addition to system and vehicle sales
Business
CerbAir, a European manufacturer of Counter-Unmanned Aerial Systems (C-UAS) solutions, and AirMap, a global airspace intelligence platform for drones, have announced their collaboration to provide integrated, comprehensive solutions for low-altitude airspace safety and security. Following the worldwide growth in the use of UAS, or drones, there has