Business
* Heven Drones, a global leader in autonomous aerial systems, announced today that it has officially rebranded as Heven AeroTech, marking a significant milestone in the company's evolution and global expansion. The name change comes on the heels of Heven's acquisition of U.S.-based Zepher Flight
Business
* Volatus Aerospace Inc., a Canadian provider of aerial intelligence and unmanned aircraft systems, and VoltaXplore Inc., a high-performance lithium-ion battery manufacturer and subsidiary of NanoXplore Inc., announced the signing of a letter of intent (the LOI) for the future supply of Canadian-made lithium-ion battery cells to power Volatus’ next-generation drones.
Business
* Mistral Inc., a provider of advanced defense solutions, together with Uvision Inc. (formerly known as UVision USA), announced that the U.S. Army awarded a multi-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract valued at $982,000,000 for the Lethal Unmanned System (LUS) program to procure, field, train, and sustain
Business
A Ukrainian team was in Washington last week to craft a landmark agreement with the Trump administration that would involve Kyiv sharing its battle-tested drone technology with the U.S. in exchange for royalties or other forms of compensation, according to officials from both countries. The prospective deal, which has
Business
* SkeyDrone has announced a landmark agreement with Elia, Belgium’s high-voltage transmission system operator, for the deployment of its advanced drone detection solution across multiple sites. With its strategic position in the heart of Europe, Elia plays a pivotal role in the interconnected electricity system and is recognized as an
Business
AgEagle Aerial Systems Inc. (EagleNXT), a provider of advanced drone and aerial imaging solutions, has announced UAVSICS as the official distributor of EagleNXT drones in Chile, strengthening its leadership in the region and expanding access to cutting-edge UAV technology. Based in one of the key financial and technological hubs of
Business
* Draganfly Inc., a developer of drone solutions and systems, announced its selection by the U.S. Army to provide Flex FPV drone systems. Under the initial order, Draganfly will deliver Flex FPV drones designed for high-performance operations as well as help establish on-site manufacturing of the Flex FPV (First Person
Business
Raytheon, an RTX business, has been awarded a $5.04 billion cost-plus-fixed-fee contract by the U.S. Army to supply components for the Coyote Missile System. Coyote Missile System Contract Scope The Department of War said Monday, under the agreement, Raytheon will deliver both fixed and mobile Coyote missile launchers,
AI
* Auterion, a provider of autonomous systems software for defense, has announced that it has raised $130 million in Series B funding led by Bessemer Venture Partners. Auterion’s Series B funding will accelerate its mission to “build swarms, not individual drones” by scaling production of its AuterionOS platform and Nemyx
Propulsion
The U.S. Air Force has awarded Minco Technologies of Cookeville, Tennessee, a contract valued at up to $13.6 million to develop a next-generation unmanned aircraft engine designed to dramatically reduce fuel consumption and improve operational flexibility. The project aims to create a modular, fuel-flexible propulsion system that could
Business
* Kratos Defense & Security Solutions, Inc. , a Technology Company in the Defense, National Security and Global Markets, announced that Elroy Air, a developer of autonomous aerial cargo systems for middle-mile logistics and military resupply, has selected Kratos as Elroy Air’s exclusive U.S. manufacturing partner for the Chaparral in
Business
* TEKEVER, a European provider of AI-driven Autonomous Systems, announced that it has signed a Partnership Agreement with Apex Aviation, a pioneer in Taiwan’s general aviation industry, to bring TEKEVER’s advanced unmanned aerial systems (UAS) and related products to Taiwan for Intelligence, Surveillance and Reconnaissance (ISR) missions tailored to