Business

EU-Ukraine Drone Alliance Names Quantum Systems as Founding Member

Quantum Systems has been selected as a founding member of the EU-Ukraine Drone Alliance, a new initiative aimed at accelerating drone development and strengthening Europe’s defense industrial base.

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Rheinmetall, DOK-ING Form Croatian Venture for Next-Gen UGV Tech

German defense giant Rheinmetall has launched Rheinmetall Unmanned Vehicles, a joint venture with Croatian autonomous systems developer DOK-ING, as part of an effort to expand Europe’s ground drone industry.

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Netherlands Signs $34M Deal to Build Next-Gen Integration Software for Drones

The Netherlands has signed a 30-million euro agreement with Dutch firm Intelic to develop the software backbone for its next-generation unmanned systems ecosystem.

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Ukrainian Drone Maker Picks Ohio for First US Production Site

Ukrainian Defense Drones has selected Northwest Ohio as the location of its first US assembly and production facility, expanding its manufacturing footprint to support allied demand for unmanned systems.

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Anduril Eyes Drone Production Site in Japan, Targets Nissan Plant

Anduril Industries and Nissan Motor are reportedly discussing a possible partnership that would transform the automaker’s Oppama assembly plant into a military drone production facility.

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UAE’s EDGE Opens Paris HQ, Signs Cooperation Framework With France

EDGE Group has signed a framework with France as the Emirati state-owned defense conglomerate launched its European headquarters in Paris.

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Elbit, Diehl Team Up to Bring SkyStriker Kamikaze Drone to Germany

Israeli contractor Elbit Systems has signed a strategic partnership agreement with German company Diehl Defence to jointly market the SkyStriker advanced loitering munition to the German Armed Forces.

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Germany’s Rheinmetall Exits Civilian Auto Sector in $401M Deal

German defense contractor Rheinmetall has agreed to sell its Power Systems automotive division to Munich-based industrial group AEQUITA for a provisional $404.1 million.

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Picogrid Raises $45M to Scale Defense Systems Integration Platform

California-based tech company Picogrid has raised $45 million in a Series A round led by Bessemer Venture Partners.

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Draganfly to Absorb Skip Dynamix Drone Assets in $7.5M Deal

Draganfly has signed an agreement to acquire assets of Skip Dynamix’s drone business in a deal worth up to $7.5 million, expanding its portfolio of low-cost unmanned aerial systems for military and security missions.

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