Red Cat 4-Ship system allows multiple drones to work with one another By DRONELIFE Feature Editor Jim Magill Red Cat Holdings [NASDAQ:RCAT] is held in the AdvisorShares Drone Technology ETF [NYSE ARCA:UAV], the only ETF dedicated to the drone economy. The AdvisorShares Drone Technology ETF is a thematic investment strategy …
Read More »American Robotics Parent Company Ondas Holdings Q1
Source: American Robotics American Robotics Parent Company Ondas Holdings Announces First Quarter Earnings Ondas Holdings Inc., through its subsidiaries, Ondas Networks and American Robotics (“AR”), is a provider of private wireless, drone, and automated data solutions. The company announced its first quarter results on May 11, 2022. Continue reading, or …
Read More »DJI Job Cuts: Realignment or Just Trimming Down?
Recent reports of DJI job cuts leave it unclear if the company is going through a major realignment in view of political pressures – or just trimming it’s staff a bit to manageable levels after several years of fast expansion. A Reuters report says that the world’s largest manufacturer, DJI, …
Read More »Drone Company PrecisionHawk Names New CEO
Drone company PrecisionHawk has survived 10 years in the industry, evolving from a manufacturer of an iconic fixed wing to its current position as a drone software and services provider. Through the years, PrecisionHawk has taken many leadership positions in the industry, working closely with the FAA on flight beyond …
Read More »Investors’ Appetite for Drone Technology Still Strong
It seems to be the season for funding announcements: and a recent spate of press releases from drone companies indicates that the sector is still desirable. The drone industry has seen some noted consolidations and exits in the last few years. Commercial drone solutions provider Airware shut down last year …
Read More »DJI Responds to Fraud Findings: Vows to Deal with “Outright …
DJI is taking active steps to respond to the media firestorm resulting from their internal fraud investigation. Earlier this month, the company announced its findings that internal employee theft had led to huge company losses estimated at $150 million. Now the company has released an open letter responding to the …
Read More »GeniusNY Announces 16 Semi-Finalists for $three Million in Fundi…
GENIUS NY, Syracuse’s main enterprise accelerator program based mostly out of HeartState CEO’s Tech Garden, has introduced the sixteen groups named as semi-finalists in the competitors’s second spherical. The groups will compete for $three million in funding funding, together with a $1 million grand prize funding. Genius NY is a …
Read More »The Startup Showdown is Back at AUVSI
The Startup Showdown is again this yr at AUVSI’s Xponential 2017 – an occasion you’ll be able to’t miss for the sheer “wow, really?” reactions that come from listening to about new know-how from cutting-edge drone corporations. The sixteen semi-finalists will probably be narrowed all the way down to the highest …
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