Red Cat Bids €205M for Its Drone Boat Engine Maker After Walking Away
Red Cat offers €39 a share, about €205 million, for Steyr Motors, the Austrian maker of its V7 drone boat engine, 12 weeks after walking away.
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Red Cat offers €39 a share, about €205 million, for Steyr Motors, the Austrian maker of its V7 drone boat engine, 12 weeks after walking away.

A Lower Austria police drone with a thermal camera located a missing 47-year-old hiker near Breitenfurt just 75 minutes after his sister's call — the heat signature glowing against the cool forest night.

Formula 1 ran FPV drone footage as a headline feature of its Austrian Grand Prix broadcast on Sunday, June 28, 2026, and the standout sequence put viewers directly above the early on-track fight between Lewis Hamilton in the Ferrari and Max Verstappen in the Red Bull at the Red Bull Ring. The shots aired live…

Europe just chose a helicopter drone to help hunt submarines, and it isn’t the small one Schiebel is famous for. The Austrian company’s heavy-lift Camcopter S-300 has been selected as the airborne platform for SWORD, a European Defence Fund project building a new way to find and kill submerged threats from a safe distance. It’s…

Vienna didn’t open the 70th Eurovision Song Contest with fireworks. It opened with 3,000 drones, as ESCXTRA reported. On the evening of April 27, Dubai-based production company Cyberdrone launched what organizers are calling the largest drone show ever staged in Austria over the Schönbrunn Palace, the 18th-century imperial complex that Viennese locals sometimes call the…

The resort partnered with technology firm KIONIQ to deploy DJI Matrice 4TD drones on DJI Dock 3 through its SPECT service

On June 1, 2025, Ukraine executed Operation “Spiderweb,” a drone-led assault targeting five Russian airbases, destroying dozens of strategic bombers hundreds of miles from its border. Reported by Ukrinform, this operation underscores Ukraine’s emergence as a global leader in drone warfare, showcasing its ability to innovate and defend against Russian aggression with homegrown technology. Spiderweb

€9M Seed Round for ARX Robotics’ Self-Driving Military Robots In a significant move, the NATO Innovation Fund (NIF) has invested in ARX Robotics, a German startup developing self-driving robots for military use. The Munich-based company raised €9 million ($9.8 million) in seed funding, with over half coming from NIF, marking the fund’s second public investment…
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