On February 12, ahead of the Munich Security Conference, Quantum Systems announced a €150 million financing package backed by the European Investment Bank, Commerzbank, Deutsche Bank, and KfW. The EIB alone provided a €70 million loan, marking its second investment in the company since 2021. The significance goes beyond the balance sheet. Recent adjustments to ESG … [Read more...] about European Capital for European Security: Quantum Systems Announces New Financing
Dual Use
Ohio Identifies First Participants in Nation’s Only Statewide Drone First Responder Pilot
Nine public safety agencies selected to test rapid, drone-based emergency response across the state Ohio has taken a major step in public safety aviation with the launch of the nation’s first statewide Drone First Responder (DFR) pilot program. State officials announced the selection of nine public safety agencies that will participate in the Ohio Statewide Drone First … [Read more...] about Ohio Identifies First Participants in Nation’s Only Statewide Drone First Responder Pilot
Teledyne FLIR OEM Introduces Its Longest-Range Thermal ISR Camera to Date
New infrared module targets extended-range surveillance and counter-UAS missions while addressing U.S. compliance needs Teledyne FLIR OEM has announced the launch of the Neutrino SX8 ISR 50-1000, the newest addition to its Neutrino ISR Series. The system is described as the longest-range thermal solution in the series to date and is designed for demanding … [Read more...] about Teledyne FLIR OEM Introduces Its Longest-Range Thermal ISR Camera to Date
New DIU Project Targets Scalable, Containerized Drone Launch and Recovery Systems
DoD Seeks Automated Infrastructure to Support Large-Scale Autonomous Drone Operations The U.S. Department of Defense (DoD), through the Defense Innovation Unit (DIU), has opened a new Commercial Solutions Opening (CSO) seeking industry solutions for a Containerized Autonomous Drone Delivery System (CADDS). The effort focuses on developing containerized systems that can … [Read more...] about New DIU Project Targets Scalable, Containerized Drone Launch and Recovery Systems
The Companies Tapped for the Pentagon’s Drone Dominance Push
U.S. Department of War Launches Industry Competition for Drone Dominance Program Phase I The U.S. Department of War has formally announced the companies invited to participate in Phase I of its Drone Dominance Program (DDP), an acquisition initiative intended to accelerate the development and fielding of low-cost unmanned aerial systems (UAS) for one-way attack missions. The … [Read more...] about The Companies Tapped for the Pentagon’s Drone Dominance Push
