Business
Suter is launching its new HF-TOA288-SDI heavy fuel engine at this years' xPonential 2024 in San Diego, CA. This new 22.5hp unmanned aerial vehicle (UAV) engine meets the growing demand for engines utilizing jet fuel (Jet-A1, JP5, JP8) to meet safety and logistics goals of global customers. Suter
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Kaman Corporation has announced the completion of its acquisition by Arcline Investment Management, L.P. in an all-cash transaction with a total enterprise value of approximately $1.8 billion. The transaction was previously announced on January 19, 2024, and was approved by Kaman shareholders on April 17, 2024. With the
Business
Red Cat Holdings, Inc. , a drone technology company integrating robotic hardware and software for military, government, and commercial operations, has announced a partnership with Sentien Robotics, a leader in autonomous drone fleet logistics. The partnership will enable organizations using Sentien’s Hive UAS management platforms to deploy Teal Drones as
Business
The US Navy has urgently ordered the EAGLS (Electrically Aided Gunnery Laser System) Counter-Unmanned Aerial Systems (C-UAS) that use laser-guided 70mm rockets to protect American forces in the Middle East. The $24 million deal awarded to MSI Defense Solutions underscores the urgency of safeguarding American forces in the region. The
Business
AeroVironment (AV) has entered into an exclusive teaming agreement with Parry Labs, a leader in Modular Open Systems Approach (MOSA), to architect, develop, deliver and integrate digital engineering, software, and mission system hardware into AV’s upcoming P550 uncrewed aircraft system (UAS), purpose built for the U.S. Army’s
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Skyports, a global player in owning and operating vertiport infrastructure and flying electric drones, announced that ACS Group, one of the world’s foremost infrastructure and construction companies, has made a substantial equity investment in Skyports, to become the largest investor in the company. ACS Group, which in 2023 generated
Business
Embention has signed a strategic agreement with Amazon.com, Inc. to support Amazon’s drone delivery program, Prime Air. Embention’s role in the project focuses on supplying safety-related hardware and software. Embention is committed to innovation and excellence, as well as being a leader in the uncrewed aviation industry
Lighter Than Air
HyLight, an innovative provider of aerial inspection utilising hydrogen airship drones, has achieved a significant milestone with the completion of a fundraising round, securing €3.7 million ($4 million). The investment, led by prominent venture capital firms and notable business angels, including Y Combinator, Ring Capital, Kima Ventures, Collaborative Fund,
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Insitu Inc., Bingen, Washington, is awarded a firm-fixed price, not-to-exceed $84,468,841 modification (P00006) to a previously awarded indefinite-delivery/indefinite-quantity contract (N0001922D0038). This modification increases the contract ceiling to procure six RQ-21A and 20 ScanEagle unmanned air vehicles (UAS) including payloads and turrets; support equipment; spares and special tooling.
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Israel’s BlueBird Aero Systems, which specializes in the design, development, and production of Tactical Unmanned Aerial Systems (UAS) and peripheral equipment will open a drone production site in Morocco. Ronen Nadir, CEO of BlueBird Aero Systems told Zona Militar that the company has already established the local production facility
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General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a not-to-exceed $173,568,509 definitized contract action for capability upgrades to four MQ-9A unmanned air vehicles and two ground control stations, as well as support equipment, spares, and upgrade kits Work will be performed in Poway, California, and is
Business
Red Cat Holdings, Inc. , a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces a partnership with Ocean Power Technologies, Inc. a supplier of innovative and cost-effective low-carbon marine power, data, and service solutions. The partnership will enable organizations using OPT’s PowerBuoy and