The Düsseldorf-based technology group Rheinmetall and the US company Anduril Industries signed a Memorandum of Understanding during Eurosatory in Paris, one of the world’s leading trade shows for defence and security. Under this collaboration, Rheinmetall and Anduril will work together to design, develop, and produce new layered Counter small Unmanned Aerial System (C-sUAS) air defense systems. Continue reading
Category Archives: Business News
MatrixSpace Gets $1.25M AFWERX Open Topic SBIR Contract to Develop Low SWAP-C Multi-Function Payload
MatrixSpace has been selected by AFWERX for a $1.25M Direct-to-Phase II SBIR to develop a prototype low SWaP-C multi-function, multi-band antenna payload, based on the MatrixSpace Radar hardware platform. Continue reading
AgEagle Announces $2M UAV Sale to United Arab Emirates Distributor
AgEagle Aerial Systems Inc., a provider of best-in-class full stack flight hardware, sensors and software for commercial and government use, has announced that the Company has secured a purchase order to deliver 20 eBee VISION full-stack systems with control systems, batteries, backpacks, and limited spares, to a leading distributor in the United Arab Emirates (UAE). Continue reading
Denmark, Germany and Hungary to Jointly Purchase Skyranger Air Defense Systems
The German Ministry of Defence announced at Eurosatory 2024 that Denmark, Germany, and Hungary signed a letter of intent in Paris for the joint procurement of SKYRANGER as part of the European Sky Shield Initiative ESSI. Continue reading
AeroVironment Gets $14M US Navy Contract to Develop Video Using Soft Biometrics
AeroVironment Inc., Simi Valley, California, is awarded a $13,691,731 cost-plus-fixed-fee order (N6833524F0079) against a previously issued basic ordering agreement (N6833519G0059). Continue reading
Novadem Gets Order for 260 NX70 Drones from the French Ministry of the Armed Forces.
This year 2024 will mark a turning point for Novadem with a record acquisition of 260 NX70 drones by the French Ministry of the Armed Forces to increase the capacity of NX70 drones within the forces, bringing to more than 440 the total number of drones ordered from Novadem since 2018. Continue reading
Quantum Systems Gets $20M Vector systems Order from the Romanian Ministry of Defence
Quantum Systems, the Munich-based manufacturer of dual-use reconnaissance drones that use multi-sensor technology to collect data for government agencies and commercial users, is pleased to announce that it has been awarded a significant contract to supply the Romanian Ministry of Defence with its advanced Vector unmanned aerial systems. Continue reading
Red Cat Introduces New Family of Low-Cost, Portable Unmanned Reconnaissance and Precision Lethal Strike Systems
Red Cat Holdings, Inc. , a drone technology company integrating robotic hardware and software for military, government, and commercial operations, has introduced its new family of unmanned Intelligence, Surveillance, and Reconnaissance (ISR) and precision lethal strike systems. Continue reading