UAM/UTM
The Urban Air Mobility Division of Hyundai Motor Group announced a new partnership with ANRA Technologies – an international provider of end-to-end drone operations and traffic management solutions for unmanned system operators and airspace managers – to begin developing the operating environment for the advanced air mobility (AAM) industry. This is the
Business
Altitude Angel, a unified traffic management (UTM) technology provider, and iOCO, a South African ICT solutions supplier, have agreed to form an alliance with the strategic aim of providing the building blocks on which the country’s urban air mobility (UAM) infrastructure can be built and supported. Capitalising on the
Business
Skylark Drones, an Indian drone platform company, announced that it has secured USD $3 million in a pre-series A funding round to strengthen its product offerings and fuel international expansion. The funding round was co-led by investors InfoEdge Ventures and IAN Fund with participation from AdvantEdge Founders, Fowler Westrup, Redstart
Business
Zipline has raised $250 million in new funding to help us accelerate the development of a new model for instant logistics. With the new funding, the company will continue to advance its integrated service, including the autonomy platform, aircraft, fulfillment systems, and operations. The funding will also fuel continued expansion
Military
An additional budget of more than 8 million Euros was allocated for the priority project of the Albanian Ministry of Defense for the purchase of UAVs, "within the scope of the agreement with Turkey and measures to increase territorial control and national security". While 82 deputies voted "
Business
Israel Aerospace Industries (IAI) though its ELTA Systems group is delivering dozens of Drone Guard (CUAS) systems to a country* in South Asia in a deal, worth tens of millions of dollars (USD). The unique multi-sensor multi-layer ELI-4030 Drone Guard system is one of the most capable battlefield proven systems
Business
Aquiline Drones (AD), an American-based manufacturer of unmanned aerial systems (UAS) and cloud solutions provider for commercial drone operations, announced that it has purchased 50% of the capital of Aerialtronics, an end-to-end solutions developer in the Netherlands that uses drones, artificial intelligence (AI) and IoT data to provide real-time insights
Business
France has signed for an additional General Atomics Aeronautical Systems Inc (GA-ASI) MQ-9 Reaper Block 5 unmanned aerial vehicle (UAV), with the US Department of Defense announcing a Foreign Military Sales (FMS) award on 28 June. Valued at USD 79.42 million, the contract, in support of the French MQ-9
Commercial
Volatus Aerospace Corp. has agreed to acquire Pennsylvania-based drone service provider ConnexiCore LLC. The acquisition will create the largest and most comprehensive Drone Service Provider in North America, with a pilot network blanketing Canada and the United States. The transaction is expected to close on July 30, subject to due
BVLOS
Kongsberg Geospatial, developers of the TerraLens Geospatial Software Development Kit (SDK), and Pegasus Imagery Ltd. an aerospace company developing advanced autonomous aircraft and sensor systems, announced that they have signed an MOU to work together to advance the development of safe, autonomous Unmanned Aircraft. Pegasus designs, manufactures and operates autonomous
Business
TEOCO, a provider of analytics, assurance and optimization solutions to over 300 communication service providers (CSPs) and OEMs worldwide, together with partner STRAPAG, has announced a partnership on TEOCO’s AirborneRF to enable the operational deployment of drones over Swisscom’s cellular network. The announcement builds on the initial TEOCO
Business
ANRA Technologies Private Limited, a supplier of integrated airspace management systems, and Swiggy, India’s leading on-demand delivery platform, announced that stakeholders from the India Ministry of Defense (MoD), Directorate General of Aviation (DGCA), and Ministry of Civil Aviation (MOCA), awarded final clearances for the ANRA Technologies led consortia to