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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Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems”) announced on September 28th that it was awarded a contract valued at $120 million to supply Hermes™ 900 Maritime Unmanned Aircraft Systems (UAS) and training capabilities to the Royal Thai Navy. The contract will be performed over a three-year period. Under the contract, …
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Article content The Upper Canada District School Board has started the school year with a $5 million+ investment in technology equipment and furniture. Article content The board in a news release said it’s all part of the effort to better engage students, staff and community partners in real-world learning and enhanced …
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SAN FRANCISCO, July 13, 2022 — Dedrone, the market leader in smart airspace security, today announced it has closed $30 million in an oversubscribed Series C-1 financing round. Led by public safety technology company Axon, this latest funding comes on the heels of the company’s $30.5 million Series C in …
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