Credit: KleinVision A Chinese firm has acquired the technology behind a groundbreaking flying car originally developed and successfully test-flown in Europe, according to a report on the BBC. The AirCar, powered by a BMW engine using conventional fuel, made headlines in 2021 when it completed a 35-minute flight between two …
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Sometimes, to move fast you don’t need to break things — you just need to acquire them. So it is with Nuview, a startup aiming to map the world from space using lidar, who announced today that its acquisition of analytics platform Astraea. The terms of the deal were not …
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Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) (“Volatus” or “the Company”), a leader in innovating aerial intelligence, announced that it signed an arm’s length definitive agreement on November 30th, 2023 to acquire two UK-based companies, Aerial Motion Pictures Ltd., dba UAVHub and Open Sky Consulting International Ltd., dba The Drone Mentor, providing world …
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The UAE’s EDGE Group, one of the world’s leading advanced technology and defence groups, has announced the acquisition of a 52% majority shareholding in ANAVIA, a Switzerland-based company that specialises in the design, development, and manufacturing of versatile vertical take-off & landing (VTOL) systems of up to 750 kilograms, and …
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Defense technology company Anduril Industries announced its acquisition of Blue Force Technologies, a developer of autonomous aircraft with an integrated aerostructures division serving a wide range of defense and commercial customers. This transaction will expand Anduril’s existing autonomous fleet to now include large high performance, group 5 aircraft and significantly …
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Terra Drone Corporation, a leading technology company in the drone and Urban Air Mobility (UAM) industry, has announced its acquisition of majority shares in Unifly, the global leader in UTM Technology. In Unifly’s 2016 Series A funding round, Terra Drone took the lead investment position, partnering with QBIC and PMV, …
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By AeroVironment, Inc. | August 17, 2022 ARLINGTON, Va., Aug. 17, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, announced today it has acquired Planck Aerosystems, Inc. (“Planck”), a leading provider of advanced unmanned aircraft navigation solutions. The acquisition will significantly accelerate AeroVironment’s development of …
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The company was founded by Oculus co-founder Palmer Luckey and staffed with former employees and executives of the big data surveillance company Palantir. Over the past several years, Anduril built a steady business providing border surveillance towers for the Department of Homeland Security. But the company is eying a much …
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By Zephania Ubwani @TheCitizenTZ [email protected] Arusha. A community wildlife conservation project in Longido District, Arusha Region, has acquired a drone. The unmanned aerial vehicle (UAV) is intended to enhance patrols against game poachers. “We are the first wildlife conservation area (WMA: wildlife management area) to acquire the technology,” said Igno …
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(MENAFN – GlobeNewsWire – Nasdaq) =”articleBody”>SAN DIEGO, Feb. 28, 2019 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that it has acquired an 80.1% interest in Florida Turbine Technologies, Inc. and FTT Core, LLC (collectively ‘FTT’), a leading …
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