Near Earth Autonomy, Inc. and Kaman Air Vehicles, a division of Kaman Corporation announced that they have been awarded a contract by the U.S. Army to demonstrate a resupply uncrewed aerial system (UAS) capable of moving loads with a minimum of 800 pounds and flying distances over 100 miles. Continue reading
Category Archives: Business News
Volz Servos Selected as Supply Chain Partner for BETA Technologies ALIA project
Volz Servos has been contracted by BETA Technologies as actuator partner for the ALIA supply chain. The partnership is part of BETA’s strategic approach to its supply chain, including partnering with aerospace leaders on various systems and components for its aircraft production. Continue reading
Rantizo Raises $6M Series A Expansion for Spray Drone Services
Spray drone services provider Rantizo has raised a $6 million expansion of its series A round (adding to the $7.5 million announced in 2020) led by Leaps by Bayer, and supported by Fulcrum Global Capital and Innova Memphis.
The capital injection will help the Iowa-based company expand its nationwide operator network, which now works across 30 states with more than 20% of the nation’s top 50 ag retailers.
General Atomics Gets $18M US Army Services Contract
General Atomics Aeronautical Systems Inc., Poway, California, was awarded a $17,999,819 cost-plus-fixed-price contract for modeling, simulation and analysis services. Continue reading
Australian Slinger C-UAS System Heading for Ukraine
Australian-made 30mm weapon systems are being sent to Ukraine as part of a US security assistance package announced earlier this year. ‘Slinger’ light-weight 30mm cannon systems, made by Canberra-based Electro Optic Systems Defence Systems, have been ordered for use on “30mm gun trucks” announced by the US Department of Defense earlier this year on 4 April. Continue reading
Aeronautics Announces $60M Worth of New International Contracts
Aeronautics Ltd. has secured $60M worth of new contracts to supply its advanced Ground Control Stations (GCS) for its Orbiter UAV systems and to provide essential maintenance services for its Aeronautics UAV fleet. Continue reading
Baykar to Invest $100M in Three Ukrainian Projects
During the First International Defense Industries Forum in Kiev, Haluk Bayraktar, CEO of Baykar, announced that the Turkish company, known for the Bayraktar TB2 unmanned combat aerial vehicles, is investing $100 million in three Ukrainian projects. Continue reading
General Atomics Gets $34M US Navy MQ-9 Spares Contract
General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $34,439,630 firm-fixed-price order (N0001923F0135) against a previously issued basic ordering agreement (N0001922G0006). Continue reading