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 $30.5 million Series C in …
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Legionella Testing Market The global legionella testing market reached a value of US$ 261 Million in 2021. SHERIDAN, WYOMING, UNITED STATES, May 12, 2022 /EINPresswire.com/ — According to IMARC Group latest report titled” Legionella Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis …
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Montreal [Canada]/ Dallas [US]/ Bengaluru (Karnataka) [India], April 22 (ANI/BusinessWire India): LT Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, has garnered a multi-year USD 100 million electric air mobility deal from Jaunt Air Mobility (Jaunt). As part of the contract, LTTS will open …
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The airplane industry has lagged behind most industries when it comes to switching from fossil fuels to cleaner alternatives, mostly because the alternatives were difficult to work with. In recent years, however, the electric aviation industry has attracted over $5 billion in funding. Driving the news: On Wednesday, an aviation …
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TOKYO, March 22, 2022 /PRNewswire/ — Drone and Urban Air Mobility (UAM) technology company Terra Drone Corporation announced today that it has raised $70 million (8 billion Japanese yen) in Series B funding with investments from Mitsui & Co., Ltd., SBI Investment Co., Ltd., Tokyu Land Corporation, Kyushu …
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