Commercial
Flowcopter has announced the signing of a memorandum of understanding with Callen-Lenz for the development of a maritime heavy lift drone concept. The combination of Flowcopter’s unique hybrid drone technology and Callen-Lenz’s field proven flight controller unlocks a game changing heavy lift platform for maritime heavy lift supply
Business
Quantum-Systems GmbH, Munich-based manufacturer of small Unmanned Aircraft Systems (sUAS), announced that it has closed an additional round of financing and raised an undisclosed amount from also Munich-based 10x Group. The investment round will support the company’s continued expansion as it takes advantage of accelerating market demand for next-generation
Commercial
Aerodyne Group, a global drone services company headquartered in Cyberjaya, Malaysia announced that it has welcomed Real Tech Fund, KOBASHI HOLDINGS, and ACSL as strategic partners. Aerodyne Group is a DT3 (Drone Tech, Data Tech, and Digital Transformation) drone-based enterprise solutions provider, and a pioneer in the use of artificial
Business
In accordance with the authority granted to the Board of Directors by the Extraordinary General Shareholders’ meeting of Delta Drone dated 24 April 2020 pursuant to its sixth resolution, the Board of Directors dated 14th October 2020: * approved the principle of issuing 2 500 tranche warrants, giving access to 2
Data Links & Communications
One of the most important features of an unmanned aerial system is the ability to provide visual information from cameras to support mission critical decisions. One of the most common uses of UAVs is their application in ISR missions because they can take pictures and send video from a privileged
Transport
The Kroger Co. and Drone Express, a division of TELEGRID Technologies, Inc., have announced a pilot to offer grocery delivery via autonomous drones, expanding the retailer's seamless ecosystem and providing customers with anything, anytime, anywhere. $10 billionJody Kalmbach How the Drone Grocery Delivery Pilot Works The pilot will
Business
FLIR Systems, Inc. announced it has won an additional $15.4 million contract to deliver its FLIR Black Hornet 3 Personal Reconnaissance Systems (PRS) to the U.S. Army. The advanced nano-unmanned aerial vehicles (UAVs) are being used to augment squad and small unit-level surveillance and reconnaissance capabilities as part
Business
AeroVironment, Inc. announced that it was granted clearance from the German government and completed the previously announced acquisition of Telerob Gesellschaft für Fernhantierungstechnik mbH (Telerob), in a $45.4 million (€37.5 million) cash transaction and the pay-off of approximately $9.4 million (€7.8 million) in Telerob’s debt
Military
Northrop Grumman Defense Services, Sierra Vista, Arizona, has been awarded a $58,546,016 cost-plus-fixed-fee, firm-fixed-price contract for the Japan Global Hawk program. This contract provides for contractor logistics support services to include, but not limited to, in-country personnel, mission planning, contractor field teams, contractor inventory control, reach back support
Military
AeroVironment Inc., Simi Valley, California, was awarded a $21,779,908 cost-plus-fixed-fee completion contract for a Defense Advanced Research Projects Agency research project. Work will be performed in Simi Valley, California (74%); and Palo Alto, California (26%), with an expected completion date of October 2023. Fiscal 2020 research, development, test
Business
Astro Aerospace Ltd., a developer of eVTOL aerial vehicles and drones, and Horizon Aircraft Inc., a developer of advanced eVTOLs, have entered into an agreement under which Astro will acquire privately held Horizon for five million common shares of Astro stock, the material terms of which are disclosed in the
Business
AeroVironment, Inc. announced that it received a $13,010,560 cost-plus-fixed-fee contract order on March 24, 2021 from the U.S. Army for Switchblade 300 tactical missile systems contractor logistics support. The contract has a total potential value of $40,852,467, for which funding was authorized via a DoD-approved