Drone AI

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Destinus Acquires Daedalean to Advance AI Flight Systems

Posted by Dronerator

Acquisition strengthens Destinus’ position in defense and civil drone markets amid rising investment in AI-powered autonomy Destinus to Acquire AI Leader Daedalean for $225 Million Destinus Group BV, a European developer of flight systems, has announced a binding agreement to acquire Zurich-based Daedalean AG for CHF 180 million (approximately USD 225 million). The deal includes […]

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Nearthlab Joins Red Cat Futures Initiative to Advance U.S. Defense Drone Innovation

Posted by Dronerator

South Korean AI drone company partners with Red Cat to support the Pentagon’s Replicator program and expand U.S. defense market presence. by DRONELIFE Staff Writer Ian J. McNabb South Korean drone AI company Nearthlab recently announced the signing of a Memorandum of Agreement (MOA) with San Juan, Puerto Rico-based Red Cat Holdings, Inc. a drone […]

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