PHOTO: Carbonix
November 26, 2024
BY Carbonix
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The NATO Innovation Fund has joined Baillie Gifford in investing in TEKEVER, a leading European company in the AI-enabled Unmanned Aerial Systems (UAS) sector. Other investors include the National Security Strategic Investment Fund (NSSIF), Crescent Cove, Iberis Semper and Cedrus Capital.
Anduril has been awarded a $200 million, five-year Indefinite Delivery/Indefinite Quantity contract by the U.S. Marine Corps to develop and deliver a Counter Unmanned Aerial System Engagement System for the Marine Air Defense Integrated System.
Red Cat Holdings, Inc. has been selected as the winner of the U.S. Army’s Short Range Reconnaissance Program of Record. The production selection was made after a test and evaluation process of Teal’s next generation sUAS, completed by the Army Project Management Office for Uncrewed Aircraft Systems, Army Maneuver Battle Lab, Army Test and Evaluation Command, and Army Operational Test Center.
SkyDrive Inc. and SAI Flight have signed a Memorandum of Understanding to jointly develop innovative business opportunities utilizing the cutting-edge SKYDRIVE electric vertical takeoff and landing (eVTOL) aircraft. The collaboration will focus on advancing air-cargo, air-taxi, and emergency service use cases, paving the way for a new era of efficient and versatile intra-community air travel.
General Atomics Aeronautical Systems, Inc. (GA-ASI), completed its final qualification test for its new 200-horsepower heavy fuel engine at its El Mirage, California, flight facility. The Heavy Fuel Engine (HFE) 2.0 is a highly reliable low-maintenance engine with a 40 percent increase in service life providing longer maintenance-free operational periods.