This acquisition bolsters Terra Drone's intent to further Unifly's long-term vision and is viewed as a significant step towards expanding Terra Drone's global drone and UAM operations.

AeroVironment will obtain complete ownership of the company's equity through a combination of cash and stock payments.

The amendment brings an added $2.7 million to further the development of a new Aquanaut-derivative ahead of potential customer adoption and expected government opportunities later in the year.

This platform is designed to provide an affordable and modular solution for research and testing applications. It is available for purchase either fully assembled or as a kit.

The update, version 3.8.0, introduces several fresh features and enhances existing ones for better user experience.

Elbit Systems’ ReDrone Solution integrates their state-of-the-art DAiR Radar, signal intelligence (SIGINT) sensors, and COAPS-L electro-optical (EO) equipment.

The Beijing Municipal Bureau of Economy and Information Technology clarified that the fund will be channeled towards nurturing new innovations, driving commercial advancements, and supporting local company mergers and acquisitions in the robotics domain.

ITE's partnership with Pyka aligns with its objective to identify and support pioneers in the Energy Transition.

The collaboration between LIFT and Marubeni will focus on the commercialization of LIFT's HEXA personal aerial vehicle in Japan.