Unmanned aerial vehicle

EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Friday, March 15, 2024
PIN, Transport, Unmanned aerial vehicle, Investment, Aircraft, Telefónica, Telecommunications, Marketing, Research, CAAC, Certification, Partnership, Cluster, Bureau, Smart, SAVI, City, AC, UAM, Quarter, Economic development, AS9100, TC, Tourism, Telephone, UAV, Acquisition, Yoy, Sport, Counties of China, Television, PC, Growth, Urban Air Mobility, Operating cost, Local government, Life, Atmosphere, EIH, GAC Group, Government, European, Total, Video game

During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.

Key Points: 
  • During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.
  • EHang has delivered 15 units of EH216-S to Hefei in the fourth quarter of 2023.
  • Costs of revenues were RMB20.0 million (US$2.8 million), compared with RMB5.3 million in the fourth quarter of 2022 and RMB10.1 million in the third quarter of 2023.
  • Total operating expenses were RMB114.5 million (US$16.1 million), compared with RMB104.0 million in the fourth quarter of 2022, and RMB89.8 million in the third quarter of 2023.

Bowman Enters into Definitive Agreement to Acquire Surdex Corporation, Adding High-Altitude Digital Imagery, Digital Mapping and Advanced Geospatial Services

Retrieved on: 
Wednesday, April 3, 2024
Software, Construction & Property, Consulting, Engineering, Professional Services, Technology, Other Construction & Property, Manufacturing, Built environment, Digital, GIS, Acquisition, Transport, Engineer, United States Geological Survey, Unmanned aerial vehicle, Public sector, Lidar, Navy

By combining traditional photogrammetric processes with state-of-the-art technology, Surdex provides reliable and accurate geospatial data with resolutions that make the imagery extremely flexible and valuable.

Key Points: 
  • By combining traditional photogrammetric processes with state-of-the-art technology, Surdex provides reliable and accurate geospatial data with resolutions that make the imagery extremely flexible and valuable.
  • Surdex possesses the in-house resources and skilled professional workforce necessary to undertake virtually any photogrammetric mapping project with any combination of digital orthoimagery, LiDAR, and/or digital topographic or planimetric mapping.
  • “Surdex’s portfolio of high-resolution image capture, orthoimage processing, and digital mapping services provides tremendous revenue synergy opportunities with our customers.
  • Adding state-of-the-art, high-altitude services to Bowman’s extensive array of terrestrial and low-altitude capabilities will create a compelling suite of full-service geospatial solutions.

Solar-Powered UAV Market Aims Sky-High with Projected Growth to $814.4 Million by 2032 Featuring BAE Systems, Barnard Microsystems, Eos Technologie, Sunlight Aerospace, UAV Instruments, NS Xsun - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024
Aerospace, Automotive, Technology, Manufacturing, Drones, Military, Government Technology, Alternative Vehicles, Fuels, Defense, Alternative Energy, Energy, Component, Solar energy, Growth, Intelligence, Agriculture, UAV, Research, Unmanned aerial vehicle, Traction, Renewable energy

The report delves into the solar-powered UAV market, showcasing a promising trajectory with a target market size of US$ 814.4 million by 2032.

Key Points: 
  • The report delves into the solar-powered UAV market, showcasing a promising trajectory with a target market size of US$ 814.4 million by 2032.
  • This sector is experiencing robust expansion with a compounded annual growth rate (CAGR) of 9.23% predicted over the period from 2023 to 2032.
  • In an era of heightened environmental awareness, the integration of solar energy into UAV operations stands out as an emerging trend.
  • Significant military applications and the deployment of UAVs for asset management and battlefield surveillance serve as core drivers of the market.

ModalAI Expands Suite of NDAA-Compliant Drone Components to Advance U.S. Drone Industry

Retrieved on: 
Tuesday, March 19, 2024
Software, Networks, Hardware, Robotics, Electronic Design Automation, Technology, Drones, Automotive, Autonomous Driving, Vehicles, Artificial Intelligence, 5G, Other Technology, Telecommunications, FPV, Embryonic stem cell, DIU, Blue, SLAM, 40A, Onsemi, Perception, SWAP, AI, UAS, Unmanned aerial vehicle, PCB, NDAA, Multimedia, Movement, Printed circuit board

ModalAI , a Blue UAS Framework drone and autopilot manufacturer, celebrated for its 16g autonomous UAS autopilot VOXL 2 , today announced availability of NDAA-compliant drone accessories.

Key Points: 
  • ModalAI , a Blue UAS Framework drone and autopilot manufacturer, celebrated for its 16g autonomous UAS autopilot VOXL 2 , today announced availability of NDAA-compliant drone accessories.
  • ModalAI is expanding its technology offerings with the addition of three ESCs and a computer vision image sensor.
  • (Photo: Business Wire)
    ModalAI has been at the forefront of manufacturing UAS components that are compliant with the NDAA ‘20 Section 848.
  • “VOXL 2 is driving the industry to advanced, state of the art UAS,” said Chad Sweet, CEO and co-founder of ModalAI.

PAWR Program Announces Dramatic Expansion of AERPAW Drone Testbed with Phase Two Launch

Retrieved on: 
Monday, March 18, 2024
Hardware, Other Defense, Contracts, Government Technology, Technology, Defense, 5G, Drones, Science, Telecommunications, Software, Networks, Other Science, Mobile, Wireless, Research, Aircraft, Project management office, Interdisciplinarity, UAV, POWDER, Classification, Commercial, Unmanned aerial vehicle, Radio, PAWR, North Carolina State University, Federal, Atmosphere, COSMOS, Ericsson, Multimedia, Platform, ARA, Computer, Federal Communications Commission, Mobile phone

AERPAW has also been designated as an Open Test and Integration Center (OTIC) by the O-RAN ALLIANCE.

Key Points: 
  • AERPAW has also been designated as an Open Test and Integration Center (OTIC) by the O-RAN ALLIANCE.
  • Software defined radios (SDRs) enable research with open source software stacks for studying and optimizing the performance of radio signals.
  • Unique to AERPAW, the wireless testbed brings with it several assets specific to testing drone-based networks.
  • “The expansion of AERPAW opens up vast new avenues of research,” said Ismail Guvenc, AERPAW Principal Investigator, and engineering professor at NC State University.

Enclustra Showcases Coin-Sized FPGA Embedded Chip Innovations with Life-Saving, Life-Changing, and Dream-Making Capabilities at Embedded World 2024

Retrieved on: 
Thursday, April 4, 2024
Pluto, Environmental monitoring, Altera, MRI, VR, Communication, Unmanned aerial vehicle, Health, Embedded, Artificial intelligence, 3D, Measurement, Acquisition, Feature, Wireless, AMD, Som, Integrated circuit, Andromeda, FPGA, Facial recognition, Surveying

NÜRNBERG, Germany, April 4, 2024 /PRNewswire/ -- At Embedded World 2024, Enclustra will showcase limitless potential to innovate the next big thing with over 20 FPGA (Field Programmable Gate Array) embedded system on module (SoM) technology solutions.

Key Points: 
  • NÜRNBERG, Germany, April 4, 2024 /PRNewswire/ -- At Embedded World 2024, Enclustra will showcase limitless potential to innovate the next big thing with over 20 FPGA (Field Programmable Gate Array) embedded system on module (SoM) technology solutions.
  • "Enclustra leverages strategic partnerships with AMD, Altera and Microchip to provide customers with a comprehensive ecosystem of cutting-edge FPGA solutions optimized for performance and cost.
  • "The future is bright for innovation with FPGA embedded chip technologies, creating life-saving, life-changing, and dream-making solutions."
  • Experience Pluto launch event April 10, 2024, 14:30 – 15:30 in Hall 5-210 or virtually via LinkedIn.

Enclustra Showcases Coin-Sized FPGA Embedded Chip Innovations with Life-Saving, Life-Changing, and Dream-Making Capabilities at Embedded World 2024

Retrieved on: 
Thursday, April 4, 2024
Pluto, Environmental monitoring, Altera, MRI, VR, Communication, Unmanned aerial vehicle, Health, Embedded, Artificial intelligence, 3D, Measurement, Acquisition, Feature, Wireless, AMD, Som, Integrated circuit, Andromeda, FPGA, Facial recognition, Surveying

NÜRNBERG, Germany, April 4, 2024 /PRNewswire/ -- At Embedded World 2024, Enclustra will showcase limitless potential to innovate the next big thing with over 20 FPGA (Field Programmable Gate Array) embedded system on module (SoM) technology solutions.

Key Points: 
  • NÜRNBERG, Germany, April 4, 2024 /PRNewswire/ -- At Embedded World 2024, Enclustra will showcase limitless potential to innovate the next big thing with over 20 FPGA (Field Programmable Gate Array) embedded system on module (SoM) technology solutions.
  • "Enclustra leverages strategic partnerships with AMD, Altera and Microchip to provide customers with a comprehensive ecosystem of cutting-edge FPGA solutions optimized for performance and cost.
  • "The future is bright for innovation with FPGA embedded chip technologies, creating life-saving, life-changing, and dream-making solutions."
  • Experience Pluto launch event April 10, 2024, 14:30 – 15:30 in Hall 5-210 or virtually via LinkedIn.

Firestorm Labs and Congresswoman Sara Jacobs (CA-51) Celebrate Opening of State-of-the-Art Headquarters in San Diego

Retrieved on: 
Wednesday, April 3, 2024
Firestorm, Government, Growth, Golden Joystick Awards, Unitary state, Entrepreneurship, Military, SAN, Distinguishing, Unmanned aerial vehicle, UAS, House, CSO, Representative, Tempest

SAN DIEGO, April 3, 2024 /PRNewswire/ -- Yesterday, Firestorm Labs, a defense technology startup spearheading expeditionary manufacturing of Unmanned Aerial Systems (UAS), proudly celebrated the grand opening of its state-of-the-art, 14,000 square foot headquarters in Kearny Mesa, San Diego, California.

Key Points: 
  • SAN DIEGO, April 3, 2024 /PRNewswire/ -- Yesterday, Firestorm Labs, a defense technology startup spearheading expeditionary manufacturing of Unmanned Aerial Systems (UAS), proudly celebrated the grand opening of its state-of-the-art, 14,000 square foot headquarters in Kearny Mesa, San Diego, California.
  • During her keynote remarks, Congresswoman Jacobs congratulated Firestorm, saying"I am so glad that Firestorm is opening its new headquarters in San Diego, creating jobs, spurring new investment opportunities, and driving forward innovation to help our troops and allies identify and neutralize threats."
  • Representative Jacobs and guests were given special access to explore Firestorm's technology and witness their commitment to tackling evolving defense needs.
  • "Firestorm is dedicated to delivering state-of-the-art defense capabilities that meet the challenges of today's complex security landscape head on," said Magy.

RENI - Resilient Energy Inc. Completes Acquisition of Challenger Aerospace & Defense, Inc. Expanding Into $35 Billion Drone Market

Retrieved on: 
Tuesday, April 2, 2024
Government, Unmanned aerial vehicle, Agriculture, Law enforcement, Strategic planning, Acquisition, Entrepreneurship, Investment, Patent, USD, Defense

HOUSTON, April 2, 2024 /PRNewswire/ -- Resilient Energy, Inc. (OTC Markets: RENI) ("RENI" or "the Company") is proud to announce the successful acquisition of Challenger Aerospace & Defense, Inc ("CADI"), a premier designer, manufacturer, and tester of aerial, surface, and maritime unmanned vehicles catering to private and commercial operators, government agencies, industrial, agriculture and defense organizations, founded in 2009. This strategic addition to Resilient Energy, Inc. positions the Company for immediate revenue growth, bolstered by existing purchase orders, product lines, and valuable intellectual property, thus significantly enhancing the Company's enterprise value. Industry reports estimate the potential global market for 2025 to be approximately $35 billion.

Key Points: 
  • Under the terms of the transaction, Challenger Aerospace & Defense, Inc. will transfer 100% ownership to Resilient Energy, Inc., becoming a wholly owned subsidiary.
  • Challenger Aerospace & Defense, Inc. specializes in designing, manufacturing, and testing unmanned vehicles and products, prioritizing innovation.
  • Mr. Jon Bianco, CEO of Resilient Energy, expressed his enthusiasm about the acquisition, stating, "We are thrilled to finalize the acquisition of Challenger Aerospace Systems.
  • Mr. LeRoy Aday, President of Challenger Aerospace & Defense, Inc., also shared his sentiments on joining Resilient Energy, Inc., stating, "We are delighted to join forces with Resilient Energy.

AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement

Retrieved on: 
Friday, March 29, 2024
LEO, MEO, Communication, AKOM, Aerospace, Telecommunications, BCA, Boeing, Low Earth orbit, Aviation, Private sector, HEO, Business analyst, NTN, Earnout, Unmanned aerial vehicle, OTCQX, Data-rate units, Annual report, PIPE, GEO, Defense, Communications satellite

Adjusted enterprise value of AERKOMM is US $200 million, as well as up to US $200 million of earnout shares for the AERKOMM shareholders, if certain milestones are achieved.

Key Points: 
  • Adjusted enterprise value of AERKOMM is US $200 million, as well as up to US $200 million of earnout shares for the AERKOMM shareholders, if certain milestones are achieved.
  • Transaction supported by a fund-raise of US $35 million common equity PIPE (Private Investment in Public Equity) subscribed concurrently with the signing of the BCA.
  • There may be more capital raised prior to the business combination, but there is no minimum cash condition for the transaction.
  • AERKOMM is developing partnerships with both public and private sector clients that have increasing demands for multi-beam and multi-orbit satellite communications solutions.