Category Archives: Business News

Zulu Pods Receives Phase 2 SBIR Award from US Navy

Zulu Pods Inc. has been awarded a Phase 2 Small Business Innovation Research (SBIR) award by the Office of Naval Research (ONR), part of the Department of the Navy (DoN). The award will focus on continued efforts to develop novel, innovative fluid delivery systems for next generation jet engines used in Unmanned Aerial Vehicles. Continue reading

Kratos Gets $80M US Air Force Contract for 60 BQM-167A Target Aircraft Systems

Kratos Defense & Security Solutions, Inc. has announced that Kratos has received a $79,870,161.48 Firm Fixed Price delivery order for the Lot 20 procurement of 60 aircraft, mission kits, certain flight consumables, and technical data for the BQM-167A Air Force Subscale Aerial Target (AFSAT) under a five-year base contract. Continue reading

FlightWave Gets $1.9M TACFI Award for Advanced Enhancements to Edge 130 VTOL

FlightWave Aerospace has announced that it has secured a $1.9 million award through the U.S. Air Force’s Tactical Funding Increase (TACFI) program. Following the recent acquisition of FlightWave by Red Cat Holdings, Inc., the company will use the funding to support critical enhancements to the Edge 130 Vertical Takeoff and Landing (VTOL) system, now a part of Red Cat’s family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. Continue reading