The Los Angeles-based firm secures major funding to scale up its radar solutions for unmanned aerial systems. In a signal moment for the unmanned systems industry, CHAOS Industries announced that it has raised US $510 millionin a Series D funding round, bringing its valuation to approximately US $4.5 billion. Founded in 2022 and headquartered in […]
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Acquisition Overview Archer Aviation (NYSE: ACHR) has announced an agreement to acquire control of Hawthorne Municipal Airport (KHHR) in Los Angeles for approximately $126 million in cash. The 80-acre site will serve as both the operational hub and artificial intelligence (AI) testbed for the company’s planned Los Angeles air taxi network. The transaction remains subject […]
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After successful U.S. Army testing of Apium’s swarm autopilot on the Teal 2 platform, the partnership with Red Cat aims to bring next-generation swarm capability to the tactical edge. The U.S. drone and robotics companies Apium Swarm Robotics, Inc. (Apium) and Red Cat Holdings, Inc. (Red Cat) have announced a new partnership. On 4 November […]
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Dynamic Aerospace poised to gain foothold in multiple markets by DRONELIFE Features Editor Jim Magill With a new product line that features three uniquely designed UAVs and recent agreements to expand into international markets, U.S. drone manufacturer Dynamic Aerospace Systems is poised to expand its reach into both defense and commercial markets, the company’s leader […]
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DJI has filed an appeal with the U.S. Court of Appeals for the D.C. Circuit following a federal district court ruling that upheld the Department of Defense’s designation of the company as a “Chinese Military Company.” The appeal marks the latest step in a legal process that has drawn attention across both the drone and […]
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MightyFly, a San Francisco Bay Area-based developer and operator of autonomous hybrid eVTOL cargo aircraft, has announced a five-year, $50 million contract with a leading California healthcare diagnostics provider. The agreement marks one of the largest commercial deployments of autonomous cargo eVTOL aircraft in healthcare logistics to date. Expedited Healthcare Logistics at Scale The new […]
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Reality capture platform invests in Progress AI and advanced robotics to support construction growth DroneDeploy has announced that it has reached break-even, a milestone that gives the company full control over its growth strategy. Building on this achievement, the company secured $15 million in strategic funding from existing investors to accelerate development of its AI […]
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Taiwan’s Historic Drone Procurement and Classification Shift In a landmark move, Taiwan’s Ministry of National Defense (MND) has unveiled a series of aggressive procurement plans and regulatory changes aimed at drastically expanding its fleet of unmanned aerial vehicles (UAVs) over the next two years. The MND, responding to accelerating pressure from Beijing, published tender notices […]
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Young drone company SiFly scores world flight endurance record By DRONELIFE Features Editor Jim Magill Seeking to capitalize on the anticipated boom in market opportunities for long-range UAV operations, California-based SiFly, a brand-new drone manufacturer, on August 19 announced it has set a new world record for flight endurance by a small electrically powered multi-rotor […]
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New development agreement aims to strengthen domestic supply chain for rare earth magnets powering next-gen drone and defense propulsion systems Laconia, New Hampshire-based propulsion developer ePropelled recently announced a joint development agreement with Oklahoma-based USA Rare Earth to develop a strategic supply and purchase relationship providing sintered neo magnets for use in ePropelled’s range of […]
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