Company reports $214 million in new orders, expands counter-drone operations, and targets $1.1 billion in revenue for 2027 Ondas Inc. (NASDAQ: ONDS) reported third-quarter 2026 revenue of $167.5 million, more than 16 times the $10.1 million reported a year earlier. The company attributed its growth to acquisitions and increased demand across its defense, counter-drone, and … [Read more...] about Ondas Reports 16-Fold Revenue Growth as Defense Drone Business Expands
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Ukrainian Drone Company UFORCE Raises $700 Million to Expand Defense Manufacturing Worldwide
Investment will support production of battlefield-tested drones and autonomous systems in the United States, Europe, and other allied markets. UFORCE, a defense technology company founded in Ukraine, has raised $700 million in a Series A funding round at a valuation of $6 billion. The investment will support expanded manufacturing of drones and autonomous defense systems for … [Read more...] about Ukrainian Drone Company UFORCE Raises $700 Million to Expand Defense Manufacturing Worldwide
Pentagon Commits Up to $450 Million to Expand U.S. Drone Manufacturing
Conditional loan to Neros would support domestic production of drones and critical components, bringing the company's planned manufacturing investment to $615 million. The U.S. Department of War's Office of Strategic Capital (OSC) has announced a conditional loan commitment of up to $450 million to Neros, a California-based manufacturer of small military drones. The financing … [Read more...] about Pentagon Commits Up to $450 Million to Expand U.S. Drone Manufacturing
FEMA Urges State and Local Agencies to Act on Counter-Drone Readiness
At the Drone Security and SLTT Grant Forum, FEMA Administrator Cameron Hamilton emphasized federal funding, local preparedness, and the need to address emerging drone threats. Federal Emergency Management Agency (FEMA) Administrator Cameron Hamilton urged state and local agencies to strengthen their counter-drone capabilities during remarks at the Drone Security and SLTT Grant … [Read more...] about FEMA Urges State and Local Agencies to Act on Counter-Drone Readiness
University of North Dakota to Help Pentagon Evaluate Counter-Drone Technologies
New partnership with JIATF-401 and Northern Plains UAS Test Site could help the military identify promising counter-UAS systems for further testing and procurement. By DRONELIFE Features Editor Jim Magill In the first collaboration of its type in the nation, the University of North Dakota, in cooperation with the Northern Plains Unmanned Aircraft Systems Test Site (NPUASTS), … [Read more...] about University of North Dakota to Help Pentagon Evaluate Counter-Drone Technologies
