Business
The United States has removed some restrictions on sales of its advanced drones in order to reinforce the armies of its allies and compete with China on the world arms market. President Donald Trump's White House announced an update to its policy on arms transfers to promote US
Business
Dynetics, Inc. has been selected as the top performer for Phase 3 of the Defense Advanced Research Projects Agency (DARPA) Gremlins program. Managed out of DARPA’s Tactical Technology Office (TTO), the objective of Gremlins is to accelerate the ability to perform aerial launch and recovery of volley quantities of
Software
FLIR Systems, Inc. and DroneSense, Inc. announced that FLIR has completed a strategic investment in DroneSense, makers of a unique software platform that serves the growing needs of public safety organizations in utilizing unmanned aircraft systems (UAS) to better perform their missions. The minority investment by FLIR in DroneSense will
Business
The Latvian National Armed Forces next year will receive drones that are purchased with financial support from the US for EUR 2.4 million, the Latvian Defense Ministry reported. In line with the Foreign Military Sales program of the US government, the Latvian army will receive three unmanned aircraft systems
Business
Altavian, Inc. has been awarded a $250MM Indefinite Delivery, Indefinite Quantity contract with the US Army. Under the Program Executive Office Aviation, Products Office for Tactical Unmanned Aircraft (TUAS), Altavian will be supporting the largest small UAS program in the world. The US Army Family of Systems, Unmanned Aircraft Systems
Business
British and French industry were disappointed after their offer to build a technology demonstrator for a combat drone was put on hold, mainly by the U.K., according to Eric Trappier, chairman of the Gifas trade body. “It’s true we were slightly disappointed, with our friend BAE, on the
Business
DropCopter of Corning, California, works on the automated pollination of orchard crops via unmanned aircraft systems (UAS). It strives for farming efficiency, the promotion of new technologies and healthy crop yield growth. Every year growers need bees to pollinate their flowers. If there are not enough bees, there’s not
Business
Hyderabad-based IT services company Cyient has entered into a joint venture with Israel-based BlueBird Aero Systems on Wednesday. As part of the agreement, the joint venture named Cyient Solutions and Systems Private Limited will offer field-proven UAV systems to Indian defence, paramilitary, security, and police forces. The
Business
Mahindra Defence and Aeronautics Ltd of Israel signed a Memorandum of Understanding to partner for Naval Shipborne UAVs. Aeronautics and Mahindra will offer a UAV system which can be launched and recovered from Indian warships. Aeronautics, a leading manufacturer of Unmanned Aerial Vehicle (UAV), is an Israeli public listed company,
Business
Israeli insurer Phoenix Holdings Ltd. bought a 5.18% stake in Israeli drone maker Aeronautics Defense Systems Ltd., according to a Monday filing to the Tel Aviv Stock Exchange. The deal was completed in late March. Following the announcement, on Monday Aeronautics’ stock went up by 1.73% and the
Events
Fotokite, a Switzerland-based company that developed a kite-like, tethered drone that can stay in the air almost indefinitely, won the $1 million grand prize in the Genius NY business competition Monday. Fotokite's drones can fly a few hundred feet in the air attached to a retractable
Business
The German Ministry of Defense is looking to reviving a multi-billion dollar deal for leasing Israel-built unmanned aerial vehicles (UAV), after the Budget Committee in the German Parliament decided to postpone the acquisition in June 2017. The ministry is soon expected to request for a 1-billion-euro