Category Archives: Business News

Near Earth Autonomy and Kaman Air Vehicles Contract to Demonstrate Heavy Lift VTOL Capability for US Army

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

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.

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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