:

Business/Financial

Volatus To Manufacture, Distribute Airial Robotics Drones

By Cal Biesecker

Friday, January 13th, 2023

SHARE:

Volatus To Manufacture, Distribute Airial Robotics Drones

Airial Robotics G20 and G25 Gytrotrak drones. Photo: Airial Robotics

Volatus Aerospace Group [VLTTF] last week said it has entered into an exclusive partnership with German unmanned aircraft system (UAS) developer Airial Robotics to help manufacture, market and distributed the drones for commercial and defense markets in the Western Hemisphere and Europe, the Middle East and Africa. Volatus, which is based in Canada, said it will sell Airial’s drones under its brand. “Volatus Aerospace has the commercial reach and resources to help us scale quickly with the added benefit of…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]