Depending on their size and technological sophistication, the drones can cost as little as $US500 ($770) – a paltry investment for taking out a $US10 million ($15.5 million) Abrams tank. Some of them can carry munitions to boost the impact of their blast, said Reisner. These could be rocket-propelled grenades, …
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Laser-based anti-drone system maker AIM Defence has been awarded a $4.9 million contract by the Australian Defence Force (ADF) for a directed energy weapon prototype that will be used in field-based trials. AIM Defence says its counter-drone systems are able to achieve “millimetre target accuracy at a distance of 1 …
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Ukrainians train with handheld drones. (Photo by Sean Gallup/Getty Images) MUNICH — A host of European nations, led by Latvia and the United Kingdom, have joined a coalition committed to producing and supplying Ukraine with one million drones, as the war with Russia approaches its third year. Latvia first announced …
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Quantum Systems, Europe’s leading innovator in dual-use drone-robotics offering state-of-the-art multi-sensor technology for both government and commercial clients, announces the successful completion of its €63.6 million Series B funding round. This brings the total amount of funding for the Munich-based drone manufacturer to over €100 million. Leading the investment are HV …
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BATTLE CREEK – A proposed drone park in Battle Creek has secured $7 million in state funding to advance its development, highlighting the latest in statewide efforts to seize economic opportunity from the nascent industry. The Michigan Unmanned Aerial Systems Park slated for roughly 200 vacant acres on the west …
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General Atomics Aeronautical Systems, Inc. (GA‑ASI) announced that its family of Unmanned Aircraft Systems (UAS), which includes the Predator®, Reaper, Gray Eagle, Avenger®, and MQ-9B SkyGuardian®/SeaGuardian® lines, has surpassed eight million flight hours. GA-ASI aircraft have completed 566,000 total missions in nearly 40 countries around the world. Adding to the …
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DroneShield Ltd (ASX:DRO) (DroneShield or the Company) has received a record $33 million order from a U.S. Government agency. The award consists of DroneShield equipment and multi-year services. DroneShield’s U.S. CEO, Matt McCrann, commented: “We’re honored to receive this award and support this customer. This award is a result of …
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The European Investment Bank (EIB) will provide a €40 million quasi-equity investment into Wingcopter GmbH, a European leader and pioneer in unmanned delivery drone technology and related services. Founded in 2017 in the German state of Hesse, Wingcopter’s electrically powered unmanned aircraft are already delivering goods as part of several small-scale commercial …
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Raytheon Technologies (NYSE: RTX) was awarded a $237 million U.S. Army contract for Ku-band Radio Frequency Sensors (KuRFS) and Coyote® effectors to detect and defeat unmanned aircraft. The contract includes a combination of fixed-site and mobile systems as well as a quantity of effectors, designated to support the Army’s U.S Central Command operations. As part …
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Image Source : PIXABAY Techies earning around 1 million USD per year are being laid off at big tech firms As Big Tech layoffs have been dominating the market, more details have emerged over the period of time on which verticals and senior executives have been earning up to $1 million …
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