Combination with Aureus Greenway Holdings is expected to close October 1 as the autonomous systems company scales U.S. production Defense technology company Powerus expects to complete its merger with Aureus Greenway Holdings Inc. on October 1, 2026. The transaction will make Powerus a publicly traded company on the Nasdaq Capital Market. Powerus, formally Autonomous Power … [Read more...] about Powerus Set to Complete Merger and Become Nasdaq-Listed Drone Company
defense drones
DIU Launches $100 Million Challenge for Low-Cost ISR Aircraft
U.S. and international manufacturers invited to compete, with up to $250 million more budgeted for development and scaled production The Defense Innovation Unit (DIU) has launched a $100 million competition to identify low-cost intelligence, surveillance and reconnaissance aircraft that can be produced and deployed at scale. The Low Cost ISR (LC-ISR) Challenge opened … [Read more...] about DIU Launches $100 Million Challenge for Low-Cost ISR Aircraft
U.S. Awards Amprius Up to $75 Million to Expand Domestic Drone Battery Production
Federal grant will support conversion of an existing EV battery line to produce high-energy-density cells for Group 1, 2 and 3 drones Amprius Technologies (NYSE: AMPX) has received a federal grant of up to $75 million to expand U.S. production of batteries for unmanned aerial systems. The award will support the conversion of an existing U.S. electric vehicle battery production … [Read more...] about U.S. Awards Amprius Up to $75 Million to Expand Domestic Drone Battery Production
Helping Drones Navigate without GPS
Massachusetts company Skyline Nav AI uses cameras and sensors to guide aircraft when GPS signals are blocked or disrupted By DRONELIFE Features Editor Jim Magill Since it first began to be widely adopted for commercial use in the 1980s, GPS technology has become ubiquitous, helping to facilitate the transportation of everything from passenger cars, to oceangoing ships, to … [Read more...] about Helping Drones Navigate without GPS
Building American Drones Means Building the Parts, PDW CEO Says
James Slider says U.S. drone leadership will depend on domestic production of motors, batteries, electronics and other critical components By DRONELIFE Features Editor Jim Magill Building a system capable of supplying the U.S. military with unmanned aerial systems to meet the challenges of the 21stcentury will take a massive effort, to bring to American shores the production … [Read more...] about Building American Drones Means Building the Parts, PDW CEO Says
