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TEKEVER Becomes Europe’s Newest UAS Unicorn

Posted by Dronerator
– TEKEVER, a European provider of AI-driven Autonomous Systems, has announced the raise of a new funding round. Fully committed by existing investors, including round leader Ventura Capital, Baillie Gifford, the NATO Innovation Fund (NIF), Iberis Capital and Crescent Cove, the round confirms TEKEVER’s valuation above £1 Billion. This milestone cements TEKEVER as a European […]

Quantum Systems Raises €160M Series C Funding

Posted by Dronerator
– Quantum Systems – a supplier of AI-powered aerial intelligence systems for defense, emergency services, and industry – has raised €160 million in new funding, led by Balderton Capital, with participation from Hensoldt, Airbus Defense and Space, Bullhound Capital, LP&E AG and existing investors, including HV Capital, Project A, Peter Thiel, DTCP, Omnes Capital, Airbus […]

AFRL Awards URSA MAJOR $28.6M Contract for Responsive Space, Hypersonic, and On-Orbit Propulsion

Posted by Dronerator
The U.S. Air Force Research Laboratory’s Rocket Propulsion Division at Edwards AFB, Calif., has awarded URSA Major Technologies Inc., Berthoud, Colorado, a $28,565,857 firm-fixed price contract for responsive space, hypersonic, and on-orbit propulsion. This new contract will follow-on work completed to mature advanced liquid rocket engines and will culminate in a flight demonstration. “Under this […]

Airbus, Shield AI Partner to Integrate Autonomy on Unmanned Aerial Logistics Connector

Posted by Dronerator
– Airbus U.S. Space & Defense and Shield AI announced a teaming agreement to integrate Shield AI’s Hivemind autonomy software on the Airbus MQ-72C Logistics Connector, an unmanned variant of the UH-72 Lakota. The collaboration will expand the platform’s mission capabilities through autonomy-enabled operations across a wide range of logistics and operational scenarios—including those under […]

Baykar and Leonardo Partnership Officially Exchanged at Turkey – Italy Intergovernmental Summit

Posted by Dronerator
The strategic cooperation agreement signed in March between Baykar, the leading company in the global UCAV market, and Leonardo, one of the world’s largest defence companies, was officially exchanged today at a ceremony held as part of the 4th Türkiye-Italy Intergovernmental Summit in Rome. The ceremony at Villa Pamphili Residence took place in the presence […]

US Army Selects Near Earth Autonomy and Honeywell to Deliver Autonomous Black Hawk Logistics Solution

Posted by Dronerator
The U.S. Army selected Near Earth Autonomy to lead a new $15 Million program to develop and field an optionally piloted contested logistics solution by retrofitting UH-60L Black Hawk helicopters with advanced autonomy kits. This Army Program Executive Office, Aviation (PEO Aviation) funded effort is a collaboration between Near Earth and Honeywell, designed to transform […]

Altitude Angel and AirHub Sign Partnership Agreement

Posted by Dronerator
– Altitude Angel, a global UTM (Unified Traffic Management) technology provider, and Dutch drone enterprise solutions provider AirHub, have signed a partnership agreement which sees both parties combine to offer an advanced airspace management platform across the Netherlands and mainland Europe. The AirHub platform offers drone operators one, easy-to-use, workflow to plan, execute and manage […]

Piasecki Aircraft Acquires Kaman Air Vehicles’ KARGO UAV Program

Posted by Dronerator
– Piasecki Aircraft Corporation has announced the acquisition of Kaman Air Vehicles‘ KARGO UAV program, expanding its portfolio of vertical lift and cargo UAS solutions. KARGO UAV is a medium-lift, autonomous unmanned aerial vehicle that has been demonstrated to both the U.S. Marine Corps and U.S. Army for its cargo VTOL capabilities, with successful autonomous […]

MBDA Invests in UK’s Hydra Drones

Posted by Dronerator
– MBDA, a strategic partner to the UK Ministry of Defence (MOD) for complex weapons, has invested in Hydra Drones, a British unmanned aerial vehicle (UAV) SME. This is one of the first investments by MBDA in a British SME and a step towards future defence partnerships. It also reflects the essential nature of SME […]

Heven Announces Acquisition of Zepher Flight Labs

Posted by Dronerator
Manufacturer of hydrogen-powered drones, Heven, has announced its acquisition of Zepher Flight Labs (ZFL). This acquisition represents a step forward in Heven’s strategy to enhance its technological portfolio and expand its ability to deliver mission-critical capabilities to customers across the globe. The integration of ZFL’s capabilities will add to Heven’s designs, allowing the company to […]