Aerospace Group:

Unmanned Systems

Sierra Nevada Corp. Acquires Assets, Intellectual Property of Volansi

Frank Wolfe

Monday, October 10th, 2022

SHARE:

Sierra Nevada Corp. Acquires Assets, Intellectual Property of Volansi

Shot of Female Government Agent Tracking Fugitive with Her Computer in Big Monitoring Room Full of Computers with Animated Screens.

Sierra Nevada Corp. has acquired the assets and intellectual property (IP) of Volansi in an all-cash deal. Volansi, a Silicon Valley-based drone maker backed by $75 million in venture capital funding, filed for assignment for benefit of creditors (ABC) status on Aug. 1 with the California Secretary of State's office (Defense Daily, Sept. 12). "Volansi was a partner to us at SNC for a series of captures--[the U.S. Army's] Future Tactical UAS [unmanned aircraft system] being one," Tim Owings executive…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]