Category Archives: Business News

Shield AI Gets US Coast Guard V-BAT Contract for Cutter-Based UAS Capability

The United States Coast Guard awarded a contract on June 26, 2024, to Shield AI Inc. of San Diego for unmanned aircraft system (UAS) capability that can be deployed from Coast Guard cutters. The indefinite-delivery, indefinite-quantity firm fixed-price contract runs through 2029 and is structured as five one-year ordering periods. Continue reading

Skyports Partners with Korean Domestic Carrier on Vertiport Development

Skyports Infrastructure (Skyports), a provider of vertiport infrastructure for the advanced air mobility (AAM) industry, has announced it has entered a partnership with Jeju Air Co., Korea’s number one low-cost airline, to support the deployment of vertiports for air taxi operations in Korea. Continue reading

NextNorth Air Mobility and FlyNow Aviation to Collaborate on Sandbox Project for Urban Air Mobility

NextNorth Air Mobility,Lda, an airline specializing in air taxis, and FlyNow Aviation GmbH, a developer of modular electric eCopters, have announced the signing of a Memorandum of Understanding (MoU) to jointly advance Urban Air Mobility (UAM) solutions, with a focus on the Middle Eastern region. Continue reading