Business News

Auto Added by WPeMatico

Red Cat and Sentien Robotics Partner for UAS Hive Land, Air and Sea Drone Swarming Operations

Posted by Dronerator
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 part of a larger autonomous drone […]

US Navy Buys EAGLS Defense Systems

Posted by Dronerator
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 EAGLS system, reminiscent of the […]

Skyports Raises in Excess of $110M in Series C Funding

Posted by Dronerator
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 revenue of $39 billion, has invested […]

AeroVironment Teams with Parry Labs to Develop Modular Next-Gen Long Range Reconnaissance UAS

Posted by Dronerator
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 Long Range Reconnaissance (LRR) program. Parry Labs’ team […]

Embention Partners with Amazon Prime Air

Posted by Dronerator
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 by helping to provide safe, reliable and efficient […]

HyLight Raises $4M for Hydrogen-Powered Airship Drones

Posted by Dronerator
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, and Marc Tarpenning, co-founder of Tesla, […]

Insitu Gets $84M US Navy Contract Extension

Posted by Dronerator
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. Additionally, this modification procures services to include training, […]

General Atomics Gets $174M US Air Force MQ-9A Upgrade Contract

Posted by Dronerator
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 expected to complete by Jan. 15, 2029. […]

Red Cat Integrates Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution

Posted by Dronerator
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 WAM-V platforms to deploy Teal 2 […]

Insitu Celebrates its 30 Years

Posted by Dronerator
Insitu, A Boeing Company, announces its 30th anniversary this week at The Navy League’s Sea-Air-Space Conference & Exhibition in National Harbor, Maryland. The celebration will continue throughout the year as Insitu reflects on three decades of autonomous flight experience and historic moments while building the future of long-endurance, field-proven Uncrewed Aircraft Systems (UAS). Founded in […]