Business
The US Army intends to award North Eastern Aeronautical Company (NEANY) Inc. a USD 49.2 Million sole-source contract to modernise and merge the capabilities of the company's Arrow unmanned aircraft system (UAS) with the service's lighter-than-air (LTA) Persistent Surveillance System (PSS). The
Business
Hangar Technology, an Austin, Texas startup, has raised $6.5 million for technology that lets corporations get all the business intelligence they want out of drones, without having to pilot them, or crunch the billions of data points that they generate. A firm that was early to invest in drone
Business
Drone startups hoping to snag venture-capital funding may have hit some turbulence. Financing for drone companies fell 59% year-over-year in the third quarter, and 48% from the previous quarter. The drone industry’s numbers were starker than for venture-capital funding overall, in which funding dollars fell
Business
Airbus Helicopters and maritime systems specialist DCNS have joined forces to offer the former’s VSR700 unmanned rotorcraft – derived from theHélicoptères Guimbal Cabri G2 – for a French navy tactical requirement.The teaming agreement was signed in mid-October, and the two companies will now offer the VSR700 for the navy’
Business
Estonian defense contractor Threod Systems has won internal security tenders in Greece, Cyprus and Kazakhstan, and plans to start offering its products in Ukraine and Indonesia in the future, according to Eesti Paevaleht reports writes LETA/BNS. Unmanned aerial vehicles of Threod Systems will mainly be used by the three
Business
Drone Aviation Holding Corp, a manufacturer of tethered drones and lighter-than-air aerostats, has announced that it has been awarded a contract to supply its WATT electric tethered drones to a U.S. Department of Defense (DoD) customer. The contract, valued at approximately $400,000, includes WATT electric tethered
Business
Textron Systems has at least one potential customer for a vertical takeoff and landing (VTOL) version of its Aerosonde small unmanned aircraft system. The Aerosonde Hybrid Quadrotor (HQ) adds four rotors to what is otherwise a catapult-launched fixed-wing aircraft. “Our customer has asked us for an estimate in
Business
Trimble has announced today that Delair-Tech has acquired its Belgium-based Gatewing Unmanned Aircraft System (UAS) engineering and manufacturing business. Delair-Tech is a leading provider of long-range, fixed-wing UAS solutions for industrial inspection and asset management applications headquartered in Toulouse, France. Delair-Tech intends to grow
Business
General Atomics’ aeronautical systems business has received a potential one-year, $44 million contract to perform risk reduction efforts for theU.S. Navy’s MQ-25 unmanned carrier aerial system program. The contractor will develop trade space and refine concepts in support of requirements generation prior to the program’s
Business
Northrop Grumman Systems Corp., San Diego, California, is being awarded $49,400,000 for fixed-price incentive (firm target) modification P00010 to a previously awarded fixed-price-incentive contract (N00019-15-C-0002) for the procurement of long lead components, materials, parts, and associated efforts in support of the MQ-
Business
AeroVironment, Inc. has announced that the United States Army Close Combat Weapons Systems Project Office has awarded the company a contract for Block 10C Switchblade Lethal Miniature Aerial Missile Systems (LMAMS) and support services valued at $22,776,812 through a Joint Urgent Operational Needs Statement. Delivery is anticipated within
Business
Northrop Grumman Corporation is set to build 10 additional MQ-8C Fire Scout unmanned helicopters for the U. S. Navy, giving maritime commanders persistent, real-time intelligence, surveillance and reconnaissance (ISR). The additional build will bring the total number of MQ-8C Fire Scout air vehicles procured to 29, extending