Category Archives: Business News

Skyports, SEA Milano and 2i Aeroporti Launch ‘VEGA’ Joint Venture

Skyports Infrastructure along with SEA Milan, the owner of Milan’s airports, and 2i Aeroporti, the leading Italian airport infrastructure investment company controlled by F2i infrastructure funds, have announced the formation of VEGA, a joint venture company established to advance the AAM ecosystem across Milan and the wider Lombardy region. Continue reading

Anduril Industries Gets $250M Department of Defense Air Defense Production Contract

Anduril Industries has been awarded a $249,978,466 contract to deliver advanced air defense capabilities across services for the Department of Defense. This contract will deliver more than 500 Roadrunner-Ms and additional Pulsar electronic warfare capabilities, addressing the growing threat of unmanned aerial systems (UAS) attacks against U.S. forces. Continue reading

Red Cat and Palladyne AI Partner to Embed Artificial Intelligence into Teal Drones

Palladyne AI Corp., a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, and Red Cat Holdings, Inc. , a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced a partnership intended to enhance the autonomous capabilities of all Red Cat’s Teal drones using Palladyne AI’s Pilot software. Continue reading