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AeroVironment Awarded $64.6 Million Contract by U.S. Army for Switchblade 300 Loitering Missile Systems

Retrieved on:

Wednesday, April 26, 2023

This most recent firm-fixed-price contract increases the total funded amount of Switchblade systems under the original U.S. Army contract to $231,331,651.

Key Points:

This most recent firm-fixed-price contract increases the total funded amount of Switchblade systems under the original U.S. Army contract to $231,331,651.
(Photo: AeroVironment, Inc.)
AeroVironment’s combat-proven Switchblade 300 loitering missile systems have been deployed by the U.S. Army for more than a decade and are currently providing real-time ISR and precision strike support on battlefields in Ukraine.
“This new contract further demonstrates the global demand for production-ready, combat-proven Switchblade 300 missile systems.
This contract award follows an August 2022 contract modification for additional funding by the U.S. Army for procurement of Switchblade 300 loitering missile systems.

Amprius to Supply Key Power Element for AeroVironment’s Switchblade 300 Block 20 Loitering Missile

Retrieved on:

Wednesday, April 12, 2023

Technology, Contracts, Engineering, Drones, Aerospace, Nanotechnology, Manufacturing, Batteries, Hardware, Defense, Hush, AeroVironment, Aviation, Silicon, Partnership, Multimedia, NYSE, Cell, Satellite navigation device

Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, is preparing to supply commercial level shipments to AeroVironment (NASDAQ: AVAV) in support of the company’s Switchblade 300 Block 20 loitering missile system.

Key Points:

Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, is preparing to supply commercial level shipments to AeroVironment (NASDAQ: AVAV) in support of the company’s Switchblade 300 Block 20 loitering missile system.
View the full release here: https://www.businesswire.com/news/home/20230412005296/en/
Amprius to Supply Key Power Element for AeroVironment’s Switchblade 300 Block 20 Loitering Missile (Photo Credit: AeroVironment)
Amprius is providing high energy density lithium-ion battery cells to power versions of AeroVironment’s newly released Switchblade 300 Block 20 system, delivering unparalleled run time for the advanced aviation application.
The integration of these lightweight battery cells into the Block 20 system is expected to increase the flight time by at least 50% – allowing for longer endurance and extended loitering capability.
AeroVironment is currently integrating Amprius cells into some defense products and is a strategic investor in the Company.

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on:

Tuesday, April 11, 2023

Palm Beach, FL, April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points:

A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on:

Tuesday, April 11, 2023

PALM BEACH, Fla., April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points:

A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on:

Tuesday, April 11, 2023

Palm Beach, FL, April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points:

A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on:

Tuesday, April 11, 2023

PALM BEACH, FLa., April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points:

A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

The Marquie Group Subsidiary Simply Whim to Launch VitaWhims

Retrieved on:

Wednesday, March 29, 2023

Hush, Hair, Malnutrition, Diabetes, Veganism, Conditional sentence, Angell, Dietary supplement, Growth

St. Petersburg, FL, March 29, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – The Marquie Group, Inc. (OTCMKTS:TMGI) (“The Marquie Group” “TMGI” or the “Company”) today announced that its subsidiary Simply Whim will launch a new line of sugar free vitamin gummies called VitaWhims™ to complement its line of Inner Nutrition health and beauty products under the Whim® brand.

Key Points:

VitaWhims will contain no sugar, corn syrup, glucose syrup or other unhealthy ingredients
St. Petersburg, FL, March 29, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – The Marquie Group, Inc. (OTCMKTS:TMGI) (“The Marquie Group” “TMGI” or the “Company”) today announced that its subsidiary Simply Whim will launch a new line of sugar free vitamin gummies called VitaWhims™ to complement its line of Inner Nutrition health and beauty products under the Whim® brand.
The new VitaWhims™ product line will include a gummy version of the current Whim® sleep aid, Hush, and the current Whim® beauty formula, Harmony.
Marquie Group CEO Marc Angell said, “With access to new capital we can move forward with our plan of developing additional products containing healthy alternatives to certain well-known brands on the market today.
Furthermore, key players are introducing several gummy vitamins for vegans and diabetic individuals, which is strengthening the growth of the market.

AeroVironment Introduces Switchblade 300 Block 20 Rapidly Deployable Loitering Missile System

Retrieved on:

Tuesday, March 28, 2023

AeroVironment (NASDAQ: AVAV) today unveiled the newest version of its Switchblade® 300 rapidly deployable loitering missile system.

Key Points:

AeroVironment (NASDAQ: AVAV) today unveiled the newest version of its Switchblade® 300 rapidly deployable loitering missile system.
The Switchblade 300 Block 20 builds on Block 10C’s battle-proven performance with new operational features and significant performance and capability improvements.
View the full release here: https://www.businesswire.com/news/home/20230328005354/en/
AeroVironment’s new Switchblade 300 Block 20 builds upon the system’s battle proven performance.
Credit: AeroVironment, Inc.
Switchblade 300 Block 20 is portable, lightweight, and easy to operate, requiring only a single operator.

Hush and Legendary Partner to Enhance Executive Privacy Online

Retrieved on:

Thursday, March 9, 2023

Data Management, Security, Technology, Other Technology, Artificial Intelligence, Internet, Partnership, Risk, Privacy, Legendary, Hush

"Hush is proud to partner with Legendary to provide our clients with the most comprehensive digital reputation capabilities available," said Mykolas Rambus, co-founder and CEO of Hush.

Key Points:

"Hush is proud to partner with Legendary to provide our clients with the most comprehensive digital reputation capabilities available," said Mykolas Rambus, co-founder and CEO of Hush.
The partnership will enable Hush and Legendary to combine their respective strengths to provide clients with a suite of services, including digital crisis management, forensic analysis, reputation recovery, and online resilience.
"Reputation is the most important asset executives ever own," said Chris Padilla, co-founder and CEO of Legendary.
With Hush, we're now able to provide our clients with an even more powerful set of tools to safeguard their online privacy and reputation.

WWE INVESTOR NOTICE: ROSEN, NATIONAL TRIAL COUNSEL, Encourages World Wrestling Entertainment, Inc. Investors to Inquire About Securities Class Action Investigation – WWE

Retrieved on:

Friday, March 3, 2023

Class Action Lawsuit, Professional Services, Legal, Hush, Titan, NYSE, WWE, Retirement, The Wall Street Journal, I-Space (Chinese company), Female, 8-K, News, McMahon, Public Company Accounting Oversight Board, Bank statement, Advertising, Cryptocurrency

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points:

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7052 or call Phillip Kim, Esq.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.