MilitaryDoD Makes Potential $820 Million Loan Commitment To Drone Company To Mass Produce Components Flexing new authorities to dramatically increase its loan commitments, the Pentagon’s Office of Strategic Capital (OSC) has made a conditional loan commitment of up to $820 million to Performance Drone Works (PDW) to expand…
MilitaryShield AI, GE Integrate Advanced Vectoring Nozzle For X-BAT Engine Shield AI and GE Aerospace on Monday said they have completed integration of an advanced vectoring exhaust nozzle, including actuation and engine light-off testing, into the engine that will power the venture-backed company’s future drone…
Advanced TechnologyAnduril, Archer Developing Collaborative, Autonomous Tiltrotor Aircraft To Enable Maneuver Warfare Anduril Industries and Archer Aviation are developing a large hybrid-electric armed reconnaissance tiltrotor aircraft with the speed, range and payload capacity of the Army’s future long-range assault tiltrotor and current attack helicopter—serving as a loyal…
MilitaryDrone Challenge Program Selects 19 Vendors To Compete In Second Gauntlet The Pentagon’s Drone Dominance Program (DDP) on July 1 said it invited 19 companies to compete in the final stage of its second challenge round in August with a chance to win…
MilitaryMacGyver, Squishy Tech, YGGY Aviation Among Invitees For DARPA Lift Challenge The Defense Advanced Research Projects Agency (DARPA) on June 8 announced invitations to 72 teams to demonstrate innovative drone designs capable of carrying at least four times their weight. The list of…
MilitaryDIU Awards $159 Million For Hermeus To Demonstrate High-Mach Flight And Payload Release Hermeus on May 28 said it has received a $159 million contract modification from the Pentagon’s Defense Innovation Unit (DIU) to demonstrate high-Mach flight and high-speed payload carry and release to aid…
AI & AutonomyHermeus’ Quarterhorse Mk 2.1 Aircraft Goes Supersonic In First For Unmanned Flight Less than three months after the first flight of the Quarterhorse Mk 2.1 unmanned aircraft, Hermeus on Tuesday said the jet-powered aircraft achieved supersonic speeds in its second flight, a first in aviation history.…
MilitaryRedwire Says Awarded Large Drone Contract From NATO Ally Redwire Corp. on Tuesday said it received a multi-year, multi-million dollar contract from a NATO ally to deliver the company’s Penguin Mk3 unmanned aircraft system (UAS). Redwire said the contract is valued in…
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