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AIRO to Expand U.S. Manufacturing Footprint to Accelerate Advanced Drone Innovation and Strengthen Global Defense Capabilities, Building on RQ-35 Heidrun Success
ALBUQUERQUE, N.M. & MONTREAL & STØVRING, Denmark & WASHINGTON--(BUSINESS WIRE)--AIRO (Nasdaq: AIRO), a global leader in advanced aerospace and defense technologies, today announced plans to expand its U.S. footprint with the addition of a new manufacturing and engineering development facility. This strategic move builds on the success of AIRO’s existing operations and is driven by the growing global demand for AIRO’s flagship product, the RQ-35 ISR Drone. The RQ-35 ISR Drone has rapidly gained...
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Redwire Announces Addition of the Edge Autonomy Stalker Uncrewed Aerial System to Department of Defense’s Blue List of Approved Drones
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a global leader in aerospace and defense technology solutions, today announced that the Stalker uncrewed aerial system (UAS), developed by Redwire’s wholly owned subsidiary Edge Autonomy, has been granted an Authority to Operate (ATO) and is now on the Defense Innovation Unit (DIU) Blue UAS List. The DIU Blue List contains technology vetted and approved by the Department of Defense (DoD) authority for universal use across gov...
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Teledyne FLIR Defense Media Statement on Secretary Hegseth’s Drone Dominance Directive
WASHINGTON--(BUSINESS WIRE)--Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), has made the following statement in regard to U.S. Secretary of Defense Pete Hegseth’s ‘Unleashing U.S. Military Drone Dominance’ memo of July 10. “Teledyne FLIR Defense readily supports U.S. Department of Defense efforts to bolster our drone readiness and ensure all our warfighters are equipped with the right drone systems, technology, and training to achieve success on the battlefield,”...
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North America Drone Market Growth Trends and Forecast Report 2025-2033 | Commercial Expansion, Regulatory Support, and Cross-Sector Demand Fueling Expansion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "North America Drone Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering. The North America Drone Market is expected to reach US$ 26.90 billion by 2033 from US$ 11.20 billion in 2024, with a CAGR of 10.22% from 2025 to 2033. Increased commercial uses, favorable laws, defense investments, and growing demand in the infrastructure, logistics, and agriculture sectors are all contributin...
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Gartner Says Earth Intelligence Is a $20 Billion New Revenue Growth Opportunity for Technology and Service Providers Through 2030
STAMFORD, Conn.--(BUSINESS WIRE)--Earth intelligence will significantly impact every industry as it rapidly moves from government to the private sector....
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Cyberlux Corporation Reports Q2 2025 Revenue of $24.5 Million, YTD Revenue of $29.6 Million, $18.1 Million Backlog, and Expanding Global Defense Footprint
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Cyberlux Corporation (OTC: CYBL), an advanced technology platform driving defense innovation and national security modernization, today announced financial results for the second quarter of 2025, reporting Q2 revenue of $24.5M bringing year-to-date (YTD) revenue to $29.6M. The company enters Q3 with a contracted order backlog of $18.1 million, underscoring continued momentum across all business units and providing strong visibility into the remaind...
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Army Drone Market Analysis and Forecast 2021-2024 & 2025-2031 with Analyst Recommendations - Prioritize Interoperability and Modular Platforms / Expand Dual-Use and Multi-Domain Applications - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Army Drone Market (2025 Edition): Analysis By Type (Fixed-Wing Drones, Rotary-Wing Drones, and Hybrid/Transitional Drones), By Range, By Application, By Region, By Country: Market Insights and Forecast (2021-2031)" report has been added to ResearchAndMarkets.com's offering. The Global Army Drone market showcased growth at a CAGR of 7.92% during 2021-2024. The market was valued at USD 17.16 Billion in 2024 which is expected to reach USD 33.19 Billion in 2031. This r...
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SkyDrive Secures ¥8.3 Billion in Pre-Series D Funding from Suzuki, JR East, JR Kyushu, and Others
TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. (‘SkyDrive'), a leading eVTOL (*1) aircraft manufacturer based in Japan, today announced that it has raised ¥8.3 billion in Pre-Series D funding through a third-party allotment. This funding round was led by MUFG Bank, Ltd. (‘MUFG’), with investments from Suzuki Motor Corporation (‘Suzuki’), East Japan Railway Company (‘JR East’), Kyushu Railway Company (‘JR Kyushu’), and seven other companies. With this latest round, SkyDrive's cumulative funding n...
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Indian Aircraft Manufacturing Company Raphe mPhibr Revolutionizes Unmanned Aerial Vehicle Innovation with Dassault Systèmes’ 3DEXPERIENCE Platform
VELIZY-VILLACOUBLAY, France--(BUSINESS WIRE)--Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that Raphe mPhibr, India’s most innovative aircraft manufacturing company specializing in unmanned aerial vehicles, has adopted its 3DEXPERIENCE platform to transform how aircraft systems are conceived, validated and built, substantially reducing the design cycle. Unmanned aircraft systems are emerging in light of growing applications in defense, homeland security, agriculture,...
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AeroVironment, Inc. Announces Pricing of Upsized Offerings of Common Stock And 0% Convertible Senior Notes Due 2030
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. Announces Pricing of Upsized Offerings of Common Stock And 0% Convertible Senior Notes Due 2030...