Business
Funding round led by Baillie Gifford and backed by the NATO Innovation Fund. New strategic investors will support sustainable growth plan and facilitate geographic expansion into priority markets Investment will fund continued product innovation and scaling of production capacity. TEKEVER, the European market leader in AI-centric Unmanned Aerial Systems (UAS)
Business
* Red Cat Holdings, Inc. has been selected as the winner of the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record. The production selection was made after a test and evaluation process of Teal’s next generation sUAS, completed by the Army Project Management Office for Uncrewed Aircraft
C-UAS
* Anduril has been awarded a $200 million, five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the U.S. Marine Corps to develop and deliver a Counter Unmanned Aerial System (CUAS) Engagement System (CES) for the Marine Air Defense Integrated System (MADIS). The MADIS CES Program of Record will provide cutting-edge,
Business
* AeroVironment, Inc. and BlueHalo LLC have announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion, creating a more diversified global leader in all-domain defense technologies. The combined company will bring together complementary capabilities
Electronic Systems
* Volz Servos has signed a production agreement with BETA Technologies as an electromechanical actuator partner for the ALIA project. In doing so, Volz has positioned itself to assist BETA for the foreseeable future: “Volz will soon complete its EN 9100 certification, equivalent to AS 9100”, explains Phillipp Volz, CEO of
Business
* Anduril Industries Inc., Costa Mesa, California, has been awarded a $23,000,000 contract modification (P00017) to a previously awarded contract (FA8823-21-C-0002) for fielding of latticed mesh network to additional space surveillance setwork sites, implementing an unpriced change order definitization action. This modification brings the total cumulative face value of
Business
On Friday, November 15, at the headquarters of the Ministry of National Defense, in the presence of Władysław Kosiniak-Kamysz, Deputy Prime Minister, Minister of National Defense, and Paweł Bejda, Secretary of State at the Ministry of National Defense, another implementation agreement for 13 FlyEye UAV sets for the Polish Armed
Business
UK eVTOL manufacturer Skyfly has been selected to join the UK Ministry of Defence’s UASHLC (Uncrewed Air Systems Heavy Lift Capability) Framework with the eHarrier unmanned electric vertical Take-Off and Landing (eVTOL) aircraft. The eHarrier is a military version of Skyfly’s Axe eVTOL, a two-seat general aviation aircraft
Business
* AgEagle Aerial Systems Inc., a provider of unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, announced that it has secured 17 new purchase orders for eBee TAC drones from U.S. defense and security customers. Bill Irby, CEO of AgEagle commented,
AI
* JSW Defence Pvt. Ltd., part of the $24 billion JSW Group and Shield AI, Inc, a U.S defense technology company, today announced a strategic partnership to indigenize and manufacture Shield AI’s V-BAT, a Group 3 Unmanned Aerial System (UAS). This collaboration marks a significant step in boosting India’
Business
* D-Fend Solutions, a provider of field-proven radio frequency (RF) cyber-based, non-kinetic, non-jamming, counter-drone takeover technology, has announced a new agreement with the Naval Surface Warfare Center Panama City Division (NSWC PCD) under its Cooperative Research and Development Agreement (CRADA) program. This program will focus on conducting extensive evaluation of D-Fend
BVLOS
* Volatus Aerospace Inc., a supplier of advanced aerial solutions, and Kongsberg Geospatial a recognized innovator in geospatial software and situational awareness solutions, have announced a new collaboration to enhance Beyond Visual Line of Sight (BVLOS) capabilities for Remotely Piloted Aircraft Systems (RPAS) through the integration of Kongsberg's IRIS