Business
SAAB has tied up with Anil Ambani’s Reliance Defence and Aerospace to bid for the ship-borne unmanned aerial vehicle (UAV) programme of the Indian Navy, valued at 1,000 crore ($160M). Sources in the know said the tie-up will probably mark the entry of European UAVs into the Indian
Business
An arms transfer study from the Stockholm International Peace Research Institute (SIPRI) claims that only the UK and Nigeria have been the recipients of armed unmanned air vehicles, despite “widespread interest” in their acquisition. The numbers of importers and exporters of both armed and unarmed UAVs has “grown significantly” over
Business
Boeing will conduct Denmark’s first-ever beyond visual line of sight unmanned airborne system (UAS) flights under civilian authority in May, another aspect of a partnership with Hans Christian Andersen Airport designed to help Denmark become an unmanned aerial systems leader.Boeing subsidiary Insitu Inc., in cooperation with the Danish
Business
The Cottonwood Euro Technology Fund, the American-based seed and early-stage fund who opened its first European fund in Enschede, is investing 1.6 million Euros in Clear Flight Solutions, a robotics drone spin-off company from the University of Twente. With this investment Clear Flight Solutions will focus on becoming worldwide
Business
According to CB Insights data, investment in 2014 to the nascent drone industry topped $108M across 29 deals. Year-over-year funding increased 104% as venture firms including Lightspeed Venture Partners, GGV Capital and Kleiner Perkins Caufield & Byers among others jumped into the drone space with sizable bets. Between 2010 and
Business
Over the last two years Da-Jiang Innovations, better known as DJI, has emerged as the world's most popular consumer drone maker, at least by revenue. And The Verge has learned that the company is currently in talks with Silicon Valley's top venture capital firms to potentially
Business
Strat Aero has raised £660,000, before expenses, through the issue of 7,333,334 new ordinary shares at 9p per share. Strat Aero says this funding marks a significant step for the company as it continues to realise its strategy of capitalising on commercial opportunities across the rapidly growing
Business
On September 9th, Mr. Arturo A. Puricelli, Minister of Defense and Mrs. Nilda Garré, Minister of Security signed a series of cooperation and coordination agreements in order to enhance programs of joint interest in the areas of Public Health, Transport and Maritime affairs, among others. In particular, one of the
Commercial
SimActive Inc., a developer of photogrammetry software, has announced the purchase of Correlator3D by IGN France International, the international subsidiary of IGN France (French National Institute of Geographic and Forest Information). IGN France International required software for major mapping projects in Africa. Correlator3D perfectly fit its mandate as it offered
Targets
Airbus Defence and Space has signed a strategic cooperation agreement with India-based Kadet Defence Systems (KDS) for the sale and marketing of services and products in the field of aerial target systems. The German defence contractor has already partnered with KDS to offer its manoeuvrable expendable aerial target (MEAT) to
Business
The US Navy has awarded nine companies a spot on a maximum $99 million set of contracts to provide software development and other services for the Naval Air Systems Command’s Strike Planning and Execution Systems, which supports a number of air, sea and ground missions. Work under the indefinite-delivery/
Business
Sikorsky Aircraft Corp. has announced that the Defense Advanced Research Projects Agency (DARPA) has awarded the company an $8 million contract for Phase 1 of the Aircrew Labor In-Cockpit Automation System (ALIAS) programme. The objective of DARPA's ALIAS programme is to develop and insert new automation into existing