Red Cat, Ondas, and Unusual Machines Gain as Investors Respond to Growing Federal Support for U.S. Drone Industry Several publicly traded U.S. drone companies saw significant stock price gains this week as investors reacted to a series of government actions and reports pointing toward increased support for domestic drone manufacturing. Shares of drone companies including Red … [Read more...] about Government Signals Drive Rally in US Drone Stocks
drone industry investment
Why Now is the Time to Bet Big on Drones: a DRONELIFE Exclusive, from Matt Sloane
Drones have been big news - with big market predictions - since DRONELIFE began in 2014. Since then, the market has gone through expansion, consolidation, and expansion again. Investments in the drone indutry have gone up, down, and sometimes sideways. Skyfire Consulting CEO Matt Sloane has a unique perspective on the sector: and from where he sits, the drone industry … [Read more...] about Why Now is the Time to Bet Big on Drones: a DRONELIFE Exclusive, from Matt Sloane
Teal Drones Scores New Army Funding to Develop New Short Range Reconnaissance Prototype
Teal Drones Secures Additional $1.2M in Funding for US Army’s SSR Program by DRONELIFE Staff Writer Ian M. Crosby Military technology company Red Cat Holdings announced that its subsidiary Teal Drones has received an additional $1.2 million for the development of a new sUAS prototype for the U.S. Army’s Short Range Reconnaissance (SRR) program. In March 2022, Teal was first … [Read more...] about Teal Drones Scores New Army Funding to Develop New Short Range Reconnaissance Prototype
UTM Player Unifly Raises €10 Million from Terra Drone and JOIN
Unifly Raises €10 Million from Terra Drone and JOIN by DRONELIFE Staff Writer Ian M. Crosby Unifly, a leading provider of Unmanned Traffic Management (UTM) systems, has announced the acquisition of €10 Million in funding contributed by Japanese industrial drone solution company Terra Drone and Japan Overseas Infrastructure Investment Corporation for Transport & Urban … [Read more...] about UTM Player Unifly Raises €10 Million from Terra Drone and JOIN
vHive Raises $25 Million in Series B: Digital Twins and Critical Insights
Drone ecosystem funding: leading Digital Twin platform vHive Raises $25 Million in Series B Led by PSG Israeli-based vHive offers a software solution for Digital Twins and other critical insights. The platform enables commercial, off-the-shelf (COTS) drones to fly autonomously around assets, resulting in a precise and repeatable data set. The company has a strong … [Read more...] about vHive Raises $25 Million in Series B: Digital Twins and Critical Insights
