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Cyberlux Corporation Reports Q1 2025 Results: Strategic Advancements in UAS, Communications, and Global Services
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Cyberlux Corporation (OTC: CYBL), a leader in defense technology, unmanned systems, and integrated military communications, today announced financial results and strategic highlights for the first quarter ended March 31, 2025. The company reported $5.1 million in revenue, a robust contract backlog of $45 million, major technical milestones, and continued expansion across its defense-focused operating divisions. “During SOF Week 2025, Cyberlux UAS c...
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Safe Pro Group Provides First Quarter 2025 Results and Corporate Update
AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI)-driven security solutions, today provided a first quarter 2025 corporate update. “Q1 2025 marked the beginning of a transformative phase for Safe Pro Group as we gained meaningful traction with U.S. government stakeholders. Interest in our Safe Pro Object Threat Detection platform has accelerated, resulting in multiple joint bid preparations along...
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$2.5 Bn Drone Battery Market Analysis by Drone Type, Battery Type, Battery Capacity, End User - Global Trends and Forecast up to 2030 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Drone Battery Market: Analysis by Drone Type, Battery Type, Battery Capacity, End User By Region Size, Trends and Forecast up to 2030" report has been added to ResearchAndMarkets.com's offering. The global drone battery market in 2024 stood at US$1.02 billion and is likely to reach US$2.50 billion by 2030. The global drone battery market is projected to grow at a CAGR of 16.01% during the forecast period of 2025-2030. The global drone battery market is a dynamic ar...
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Saildrone Closes $60M Financing to Bring Maritime Autonomy to Europe
COPENHAGEN, Denmark--(BUSINESS WIRE)--The new funding, led by EIFO, enables access to Saildrone’s unique maritime intelligence technology for critical European security and defense needs....
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Redwire Corporation Reports First Quarter 2025 Financial Results
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW, “Redwire” or the “Company”), a leader in space infrastructure for the next generation space economy, today announced results for its first quarter ended March 31, 2025. Redwire will live stream a presentation with slides on May 12, 2025 at 9:00 a.m. ET. Please use the link below to follow along with the live stream: https://event.choruscall.com/mediaframe/webcast.html?webcastid=4F31SXFe “Bookings increased significantly compar...
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Lyten Announces Next-Generation Drone Propulsion Initiative to Support U.S. National Security Needs with American-Made Lithium-Sulfur Batteries
SAN JOSE, Calif.--(BUSINESS WIRE)--Lyten, the supermaterial applications company and global leader in lithium-sulfur batteries, today announced a new national security-focused initiative to support the growing demand for high-endurance, wide-operational-radius drones for defense applications. The initiative is built on a next-generation drone energy storage system powered by Lyten’s ultra-lightweight lithium-sulfur (Li-S) batteries. Lyten is dedicating production capacity in its California manu...
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Joby Reports Second Consecutive Quarter of Record Certification Progress, Appoints CFO
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today issued its First Quarter 2025 Shareholder Letter detailing the company’s operational and financial results for the period ending March 31, 2025. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today. Joby also announced today the appointment of Rodrigo Brumana as Chief Financi...
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MIPI C-PHY v3.0 Adds New Encoding Option to Support Next Generation of Image Sensor Applications
BRIDGEWATER, N.J.--(BUSINESS WIRE)--The MIPI Alliance, an international organization that develops interface specifications for mobile and mobile-influenced industries, today announced a major update to its high-performance, low-power and low electromagnetic interference (EMI) C-PHY interface specification for connecting cameras and displays. Version 3.0 introduces support for an 18-Wirestate mode encoding option, increasing the maximum performance of a C-PHY lane by approximately 30 to 35 perc...
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Bridger Photonics Launches Drone Solutions to Support the Next Frontier of Methane Emission Reduction
BOZEMAN, Mont.--(BUSINESS WIRE)--Bridger Photonics (“Bridger”), the global leader in methane detection, announced today the launch of drone-based deployment of its proprietary Gas Mapping LiDAR® (GML) technology. This marks a significant expansion of Bridger’s methane detection capabilities enabling precise, efficient emissions monitoring to previously underserved areas across the globe like offshore platforms, liquified natural gas facilities, distribution networks, and more. Traditionally dep...
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Cyberlux and TrellisWare Partner to Deliver Cutting-Edge FPV Anti-Jam Capability on New UAS Platform
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Cyberlux Corporation (OTC: CYBL), a leading provider of tactical unmanned aerial systems and advanced defense technologies, is proud to announce its strategic partnership with TrellisWare Technologies, Inc. integrating TrellisWare’s new low-latency, anti-jam waveform for uncrewed systems into Cyberlux’s latest heavy-lift Group 1 rotary-wing UAS platform. This partnership marks a significant step forward in enabling First Person View (FPV) operation...