Levent Kenez/Stockholm Selçuk Bayraktar, the chairman of Baykar, a Turkish defense contractor, and also the son-in-law of Turkish President Recep Tayyip Erdogan, appears on Forbes’ latest billionaire list. He is among the 27 Turkish billionaires who made it on to the prestigious list. Bayraktar’s net worth stands at $1.2 billion, …
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Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced that it has entered into a multi-year, multimillion-dollar strategic framework agreement with a world-leading UAV manufacturer. High/Medium Altitude Long Endurance (HALE/MALE) Unmanned Aerial Vehicles (UAVs) will be empowered with innovative capabilities …
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Artificial intelligence (AI) specialist Archangel Imaging and drone manufacturer Airial Robotics have signed an MOU of cooperation for integrating advanced AI Co-Pilot capabilities into unmanned aircraft. The strategic partnership will support the development of technologies integrating Artificial Intelligence-based (AI) Co-Pilots into drone navigation systems. This development will enable beyond visual …
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“Note that DJI has received investment from a PRC state-owned fund, China Chengtong, which openly touts Military-Civil Fusion as a core goal.” DJI response According to DJI spokesman Adam Lisberg, the company is the only drone manufacturer to discourage using its aircraft for military purposes and opposes being listed on …
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Russian drone developer Fixar has obtained Latvian start-up visa, selecting Latvia as a starting point for the company’s development in international market, LETA learned from the company representatives. Konstantin Siniushin, the chairman of directors council at Fixar, said that Latvia has been selected because it has a strong history of …
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