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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Rebranded Strata to Focus Solely on Medical Logistics and Services Blade Air Mobility has announced it will sell its passenger division to Joby Aviation for up to $125 million. The move marks a major shift for Blade, which will now focus entirely on its growing medical transport and logistics business. The restructured company will rebrand […]
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High-energy cells support long-endurance UAV missions for Airbus subsidiary AALTO and others Amprius Expands Drone Battery Shipments from Fremont Pilot Line Amprius Technologies, Inc. has delivered its high-energy silicon anode battery cells to several advanced drone and UAV manufacturers, including Airbus subsidiary AALTO. The shipments mark a major milestone in the company’s scale-up efforts to meet […]
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New investment supports U.S. expansion and advanced AI robotic systems XTEND, a company known for its AI-powered tactical autonomous robotic systems, has announced the completion of its $70 million Series B funding round. The final $30 million extension was co-led by Aliya Capital Partners and Protego Ventures, with support from investors such as Claltech, Union-Tech […]
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Fresh capital and new executives set to boost global drone operations Wingcopter, a leading German drone technology company, secures new funding from Copenhagen-based Nordic Secondary Fund, as well as existing shareholders and the European Investment Bank. The latest investment will support Wingcopter’s growth, including progress toward type certification for delivery drones in the US, Brazil, […]
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AIRO Group’s Stock Soars After IPO: What Investors Need to Know AIRO Group Holdings, a defense and aerospace technology company, made headlines after its initial public offering (IPO) saw the company’s stock more than double in value on its first day of trading. According to a news story in Barron’s, this remarkable debut reflects growing […]
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AFWERX funding propels mass production of long-range, heavy-lift uncrewed aircraft Skyways to Transition from Prototype to Full Production Skyways, an Austin-based manufacturer of long-range autonomous cargo drones, has secured a $37 million contract from the U.S. Air Force’s innovation unit, AFWERX. The funding will help Skyways move its V3 cargo drone from prototype to full-rate […]
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Market Reaction: eVTOL Stocks Surge President Trump’s recently signed executive order, “Unleashing American Drone Dominance,” has energized the urban air mobility sector, sending the stocks of major eVTOL companies such as Joby Aviation, Archer Aviation, Eve Holding, Blade Air Mobility, and others sharply higher in the days following its release. The order’s clear intent is […]
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Ag drone company to ramp up output with new Texas plant by DRONELIFE Features Editor Jim Magil Hylio, which makes large autonomous agricultural drone systems, plans to greatly expand its ability to produce American-made products by opening a new manufacturing plant in Texas in the coming months. In an interview at the recent Xponential 2025 […]
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DJI has officially unveiled the highly anticipated Mavic 4 Pro, a drone packed with groundbreaking features that are turning heads across the industry. But while the technology is impressive, U.S. buyers are facing significant hurdles due to tariffs and supply chain disruptions. Here’s everything you need to know about the Mavic 4 Pro’s features, what […]
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