Tag Archives: million

Briefs: $40 million tech hub grant, River rec advisory counc…

John Hooks | Montana Public Radio Montana tech hub awarded $40 million in federal funding Montana’s tech industry this week got an injection of more than $40 million of federal grant funding. The Headwaters Tech Hub is a partnership of universities, private companies, and government agencies across Western Montana. It’s …

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Hexacopter Market is Expected to Achieve USD 6,305.4 Million…

Advancing Technologies and Its Implementation in Hexacopters to Propel the Market Growth, States Fact.MR ROCKVILLE, MD, UNITED STATES, June 24, 2024 /EINPresswire.com/ — The global hexacopter market is estimated to exceed US$ 6,305.4 Million by the end of 2023, by growing at an impressive CAGR of 16.5% over the assessment …

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Tethered Drone Market Reach USD 404.9 Million by 2031, Facto…

Tethered Drone Market The advanced tethered drone sustains more than eight hours of ultra-long resolution with robust performance. The global tethered drone market size is experiencing growth due to factors such as safety concerns, heightened demand for enhanced surveillance owing to the increasing threat of terrorism” — Allied Market Research …

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When a $770 drone can take out a $15 million tank, it puts t…

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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AIM Defence awarded $4.9 million contract for anti-drone las…

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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European coalition bids to deliver 1 million drones to Ukrai…

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 secures €63.6 million in Series B funding ro…

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 Drone Park Gets $7 Million Boost From State Bud…

ai drones

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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GA-ASI’s unmanned aircraft across 8 Million flight hours

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 awarded $33 Million U.S. government contract

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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