Thales and Telstra Team on Low Altitude Airspace Management

Thales and Telstra combine their expertise with a view to building a robust, safe and secure ecosystem that will enable the management of low altitude airspace for manned and unmanned aerial vehicles (UAVs). Thales and Telstra have jointly prototyped a data and communication solution to prepare the way for the integration of manned and unmanned traffic in Australian skies. Continue reading

Kratos Acquires Florida Turbine Technologies

Kratos Mako Unmanned Tactical Aerial Platform (UTAP-22)

Kratos Defense & Security Solutions, Inc. announced that it has acquired an 80.1% interest in Florida Turbine Technologies, Inc. and FTT Core, LLC (collectively “FTT”), a leading technology company and innovation leader in advanced turbine engines, for $60 million, consisting of $33 million in cash and $27 million in Kratos common stock.  Kratos has an option to acquire the remaining 19.9% of FTT at a future date.  Continue reading