Advanced / Transformational Technology
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Unmanned SystemsUnmanned Cargo Aircraft Startup Poseidon Aerospace Raises $60 Million Ahead Flight Testing
Poseidon Aerospace, which is developing unmanned cargo aircraft for commercial and defense logistics, has raised $60 million in a Series A round that will be used for the upcoming flight-test […]
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Unmanned SystemsAEVEX Completes $600 Million Acquisition Of USV Manufacturer BlackSea
AEVEX Corp. [AVEX] on Tuesday said it has closed its $600 million acquisition of BlackSea Technologies, adding design, development and manufacturing capabilities of unmanned surface vessels (USVs) and unmanned undersea […]
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Advanced / Transformational TechnologyAeroVironment Nabs First International Order For LOCUST Counter-Drone Laser System
AeroVironment [AVAV] on Monday said it has received an order worth more than $50 million for the first international sales of its LOCUST laser weapon system. The direct commercial sale […]
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Unmanned SystemsNavy Demonstrated More Unmanned Refueling At Sea
The Navy this week revealed this summer it demonstrated using a robotic towed connector to repeatedly capture, refuel and release an unmanned surface vessel (USV) at sea. A Navy-industry team […]
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Unmanned SystemsSoftware And Robotics Company XTEND Set For Public Debut Following Reverse Merger
XTEND AI Robotics, the new name for XTEND following a reverse merger with JFB Construction Holdings, on Friday will begin trading on the New York Stock Exchange with new resources […]
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Advanced / Transformational TechnologyHermeus Selects Anduril’s Mission Autonomy Platform For Unmanned Supersonic Aircraft
Anduril Industries has been selected by unmanned supersonic aircraft developer Hermeus to integrate its Lattice mission autonomy software on the Quarterhorse Mk2 aircraft to enable collaborative missions with a nod […]
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Air ForceGE Aerospace Continues XA102 Work, Looks for Future USAF Timeline Guidance
LYNN, Mass.—GE Aerospace [GE] said that it is working on hardware and supplemental testing for the company’s XA102 engine to meet timelines the U.S. Air Force lays out for the […]
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ArmyArmy Awards AV ‘First-Ever’ DE Production Contract For Enduring High Energy Laser
The Army said on Wednesday it has awarded AeroVironment [AVAV] a contract for the Enduring-High Energy Laser (E-HEL) program, which the company described as the “first-ever production contract for directed […]
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Advanced / Transformational TechnologyStartup Energetics Manufacturer CMG Raises $10 Million In Seed Round
Critical Materials Group (CMG), a startup developing a modular, automated production platform for energetics used in explosives, has raised $10.3 million in a seed round led by Overmatch Ventures to […]
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Advanced / Transformational TechnologyDARPA Plans Another Heavy Lift Challenge With Added Difficulty
The Defense Advanced Research Projects (DARPA) is initiating a new round to its challenge aimed at significantly increasing the payload-to-weight ratio of vertical aviation for heavy lift, with the next […]