A Hungarian drone start-up is seeking to challenge the market-leading China-based manufacturers that dominate international markets for heavy-duty drones used in agriculture and industrial applications. ABZ Innovation recently announced the closing of an $8.2 million funding round to support the five-year-old company’s next growth phase, aimed at scaling production, … [Read more...] about Hungary’s ABZ Innovation Challenges Farm Drone Giants
drone industry growth
US Army Plans to Acquire One Million Drones, Marking a Historic Expansion
According to a recent article by Reuters, the United States Army is preparing a major acquisition push in unmanned systems, with a goal of procuring at least one million drones over the next two to three years. A Massive Increase in Scale The Army currently buys about 50,000 drones each year. The plan to scale up to one million represents an extraordinary twenty-fold … [Read more...] about US Army Plans to Acquire One Million Drones, Marking a Historic Expansion
Ascent AeroSystems Names Paul Fermo as President
Former Navy Aviator to Lead Company Into Next Era of Growth Ascent AeroSystems has announced that Paul Fermo will become the company’s new president on October 1, 2025, as cofounder and CEO Peter Fuchs retires and transitions to an advisory role. The leadership change comes at a pivotal time for the drone industry in the United States, as demand from defense and government … [Read more...] about Ascent AeroSystems Names Paul Fermo as President
Veterans Bring Mission Mindset to the Drone Industry
Across the United States, veterans are taking their mission-driven skills from military service into the fast-growing drone industry. With experience in discipline, technology, and leadership under pressure, they are building businesses and advancing commercial UAV applications from inspections to emergency response. In this guest post, Rahman “Ray” Richardson shares how … [Read more...] about Veterans Bring Mission Mindset to the Drone Industry
U.S. Drone Industry Investment Surges Amid Sweeping Legislative Reforms
The drone industry in the United States is experiencing a surge in investment and capital flow, as a series of legislative measures and executive directives reshape the procurement and manufacturing environment for both established and emerging drone companies. Recent months have brought a flood of funding announcements, with sector analysts citing a direct connection to … [Read more...] about U.S. Drone Industry Investment Surges Amid Sweeping Legislative Reforms
