On 22 November 2023, Centaurium UAS and Thales signed a cooperation agreement which also comprises the delivery of two Thales UAS100 drone systems and ground control stations to the Switzerland-based company ahead of testing in the spring of 2024 and the planned start of commercial operations in 2025. Continue reading
Category Archives: Business News
InterGlobe Enterprises and Archer Aviation Plan to Launch All-Electric Air Taxi Service Across India in 2026
InterGlobe Enterprises, India’s foremost travel and hospitality conglomerate and Archer Aviation Inc., a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, announced that they have entered into a memorandum of understanding (MOU) with the goal of partnering to launch and operate an all-electric air taxi service in India, subject to appropriate regulatory approvals and clearances. Continue reading
Piasecki Gets $37M USAF Award for Next-Gen VTOLs and Hydrogen Propulsion Technologies
Piasecki Aircraft Corporation, a global supplier of rotorcraft and aerial vehicles, announced that it has been awarded a $37 million multi-year contract by AFWERX, the Air Force’s innovation arm in conjunction with the Air Force Research Laboratory (AFRL), as part of its Strategic Funding Increase (STRATFI) program. Continue reading
AgEagle Teams with SEALSQ on Secure Surveillance Drones for Defense and Public Safety Applications
AgEagle Aerial Systems Inc., a provider of full stack drone, sensors and software solutions for customers worldwide in the commercial and government verticals, and SEALSQ Corp, a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, announced their partnership to provide secure surveillance drones for public safety, government and defense applications. Continue reading
Embention and Eanan Create Joint Venture with Initial Investment of USD 5M
In a significant milestone for technological innovation and sustainable air mobility growth in the UAE, Embention and EANAN, a Dubai-based Urban Air Mobility company, signed an unprecedented MOU agreement within the framework of the Dubai Airshow 2023. Continue reading
UAE Ministry of Defence Orders 100 REACH-S UAS from EDGE
EDGE announced its first major order from the UAE Armed Forces for the locally-manufactured REACH-S fixed-wing UAV. Announced at the Dubai Airshow, the order to supply 100 REACH-S is the first of its kind for the for UAE-made fixed-wing drones. Continue reading
Airobotics to Upgrade Iron Drone Raider C-UAS System to Meet Israel Defense Forces Requirements
Ondas Holdings Inc., a provider of private industrial wireless networks and commercial drone and automated data solutions, announced that its wholly-owned subsidiary, Airobotics Ltd, is accelerating upgrades to its counter-UAS system, the Iron Drone Raider, to address the needs of the of Israeli Defense and homeland security forces during the current conflict in Gaza. Continue reading
Northrop Grumman Gets Extra $52M from Missile Defense Agency for Glide Phase Intercept Project
Northrop Grumman Corp., Chandler, Arizona, is being awarded a $52,486,564 modification (P00022) to a previously awarded (HQ0851-22-9-0002) agreement to exercise an option. The value of this contract is increased from $239,372,502 to $291,859,066. Continue reading