Tag Archives: Signs

Cryptocurrency prices fell Saturday evening after Iran launched a wave of drones at Israel, marking an early indication of the turmoil that could hit markets as investors start to price in the threat of a broader Middle East war. Bitcoin was down 5% from its price on Friday, while ether …

NewsVoir Chennai (Tamil Nadu) [India], March 23: Big Bang Boom Solutions Pvt. Ltd. (BBBS), India’s fastest-growing defense sector start-up, has secured a significant order worth more than Rs. 200 Crores from the Indian Air Force and the Indian Army, for its cutting-edge anti-drone technology earlier this month. This historic contract, …

DroneAcharya Aerial Innovations Limited has signed a Memorandum of Understanding (“MoU”) with D.Y. Patil International University, Akurdi, Pune (“DYPIU”) for providing Drone centric courses like DGCA certified drone pilot training, drone building, drone data processing and GIS, Python coding and their industry – specific applications in Agriculture and Disaster Management. …

Campaigners raised alarm bells today after the Ministry of Defence signed a £17 million contract with Silicon Valley defence tech startup Anduril.  Marketing itself as the “Lockheed Martin of the 21st century,” Anduril has already worked with the Home Office, rolling out AI watchtowers to identify migrants crossing in small boats.  …

By Red Cat Holdings, Inc. | September 28, 2023 Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, announced that subsidiary Teal Drones has signed $1.8 million in contracts with U.S. Customs and Border Protection (CBP) to provide Teal 2 systems to U.S. Border Patrol.  Teal will deliver 106 Teal …

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), has signed a contract with Kongsberg Defence & Aerospace, Norway, valued at roughly $31 million to provide its Cerberus® XL mobile counter-unmanned aerial system (UAS) as part of a total C-UAS solution for Ukraine. The agreement includes delivery of the surveillance …

The Directorate General of Civil Aviation (DGCA) India has signed a Memorandum of Understanding (MoU) with the European Union Aviation Safety Agency (EASA) for cooperation in Unmanned Aircraft Systems and Innovative Air Mobility. This MoU will focus on collaboration on unmanned aircraft and innovative air mobility between the civil aviation …

Parallel Flight Technologies, a leading developer of autonomous heavy-lift drone technology and hybrid propulsion, announced a purchase agreement for 50 aircraft, with paid deposits, from UAV Systems Private Limited (UAVS), a drone and robotics solution provider based in India. In addition, Parallel Flight will provide ongoing maintenance, repair and overhaul support to …

Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) (“Volatus” or “the Company”) announced that it has signed an exclusive distribution agreement with AEE for the Americas with the intent to ultimately produce NDAA compliant versions of their products. “We are excited to start working with AEE and bring their reliable, robust drones to commercial …

Collins Aerospace has signed a memorandum of understanding with SRB Aerial Systems L.L.C to support research, development and execution of unmanned aerial systems and robotics for use by the Kingdom of Saudi Arabia. Collins will provide its extensive Unmanned Aerial Systems or UAS integration experience to SRB Aerial Systems. The …