Darkhive Inc., a San Antonio-based drone developer, has won a $5 million contract to develop autonomous software for the U.S. Air Force. The startup was awarded a Phase III Small Business Innovation Research contract with the Air Force Research Laboratory’s innovation hub to integrate and test next generation autonomy software for drones — which the Department of Defense refers to as uncrewed aerial system platforms. Continue reading
Category Archives: Business News
BAE Systems Unveils FalconWorks Innovation Division
BAE Systems has launched a new division within its Air Sector called FalconWorks. It is a new centre for advanced and agile research and development designed to deliver a range of cutting-edge combat air capabilities to the UK and its allies. Continue reading
Bayraktar Drone Factory Now Under Construction in Ukraine
India’s ideaForge NSE Listing – Shares Close 90% Over Issue Price
Mumbai-based Drone maker ideaForge Technology is the pioneer and the pre-eminent market leader in the Indian unmanned aircraft systems market, with a market share of approximately 50% in fiscal 2022, making a strong debut on the exchanges to close to a 90 per cent premium. Continue reading
Turkey and Ukraine Sign MoU to Cooperate on UAVs and Other Strategic Industries
During the working visit of President of Ukraine Volodymyr Zelenskyy to the Republic of Turkey in the presence of the Head of State of Ukraine and President of Turkey Recep Tayyip Erdoğan, a Memorandum of Understanding in the field of strategic industries was signed between the Ministry of Strategic Industries of Ukraine and the Ministry of Industry and Technology of the Republic of Turkey. Continue reading
Kratos Gets $95M US Army Target Systems Contract
Kratos Unmanned Aerial Systems Inc., Sacramento, California, was awarded a $95,000,000 firm-fixed-price contract for fixed-wing, subscale, jet-propelled aerial, unmanned target systems. Continue reading
DroneShield Gets $10M Five Eyes Governments R&D Contract
DroneShield Ltd has been awarded a follow-on 2-year R&D contract with a total value of $9.9 million by a Five Eyes Department of Defence (DoD). Approximately $4.5 million is due in the September and December 2023 quarters. Five Eyes refers to the defence/intelligence alliance between the US, Canada, UK, Australia and NZ. Continue reading
Colombia Seeks C-UAS to Counter Illicit Drone Activities
Unmanned Aerial Vehicles (UAVs) have been employed in narcotics and other illegal activities across Colombia. Guerrilla groups and other nefarious actors are reported to be making drones to support their operations. The Colombian Ministry of Defense has denounced the use of drones by these organizations that violate Colombia´s national sovereignty. Continue reading