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
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
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
Business
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
Business
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)
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-
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
Business
Northrop Grumman Systems Corp., San Diego, California, is being awarded a $63,700,156 advance acquisition contract for the procurement of long-lead components, material, parts and associated efforts required to maintain the MQ-4C Triton Unmanned Aircraft System planned production schedule.Work will be performed in Salt Lake City,
Business
General Atomics Aeronautical Systems, Inc. (GA‑ASI), and SENER, have announced that they have signed a teaming agreement that promotes the use of the multi-mission Predator B RPA to support Spain’s airborne surveillance and reconnaissance requirements. “GA-ASI is proud to be teamed in Spain with SENER. They
Business
The Italian Air Force will be the launch customer of the P.1HH HammerHead Unmanned Aerial System (UAS), a state-of-the-art multi purpose UAS, designed and developed by Piaggio Aerospace. This decision was announced at IDEX 2015 in Abu Dhabi, in presence of the Italian Air Force Chief,
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-