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Drone Industry
Drone Industry News: trends, company developments, mergers and acquisitions, funding rounds, and innovations driving the UAV sector forward.
NYC Sanitation Department Plans Controversial Drone Program to Combat Illegal Dumping
New York City’s Department of Sanitation (DSNY) is exploring an innovative yet contentious drone enforcement program to address illegal dumping and enhance urban cleanliness monitoring. According to the Gothamist, the initiative would expand the city’s growing drone operations beyond current…
Palantir Eyes Major Investment in AI Drone Maker Shield AI at $5 Billion Valuation
Data analytics giant Palantir Technologies is in advanced discussions to invest in Shield AI, marking a significant move that could reshape the autonomous drone industry. The potential investment is part of a broader $200 million funding round that would value…
South Korean Drone Exports Surge 260% as U.S. Restricts Chinese Manufacturers
South Korean drone manufacturers have achieved a remarkable milestone with exports reaching $27.54 million in 2023, marking a 260% increase from the previous year, reports Business Korea. This significant growth comes as U.S. restrictions on Chinese-made drones create new opportunities…
Taiwan Emerges as Key Alternative to China’s Drone Supply Chain Dominance, But Challenges Remain
In a significant shift in the global drone industry landscape, Taiwan is positioning itself as a crucial alternative to China’s dominance in drone component manufacturing, though the transition faces substantial hurdles and geopolitical risks, reports the WSJ. Taiwan’s government has…
DJI Mavic 4 Pro Test Photos and Clip Reveal Triple-Camera Design, Enhanced Cooling System
Fresh images shared by reliable drone industry insider Jasper Ellens offer the clearest look yet at what appears to be the upcoming DJI Mavic 4 Pro, revealing several notable design changes from its predecessor. The photos show the unreleased drone…
Red Cat Holdings Under Fire: Short-Seller Report Questions Army Contract Claims and Production Capabilities
Red Cat Holdings (NASDAQ: RCAT) faces intense scrutiny following a damaging report from short-selling firm Kerrisdale Capital that challenges the drone manufacturer’s claims about its U.S. Army contract value and production capabilities. The allegations, published on January 16, triggered an…
UK-Led Coalition to Supply 30,000 FPV Drones to Ukraine in Massive Defense Initiative
In a significant development for military drone deployment, the Drone Capability Coalition has announced contracts worth $57.2 million to supply 30,000 first-person view (FPV) drones to Ukraine’s armed forces. This initiative, co-led by the United Kingdom and Latvia, represents one…
Night Hunters: How Ukraine’s $20K Drones Are Reshaping Modern Warfare
Ukraine has deployed an innovative and cost-effective drone warfare strategy, utilizing a fleet of heavy bomber drones that are proving remarkably effective against Russian forces, according to a recent Forbes report. These unmanned aerial vehicles, nicknamed “Baba Yagas” by Russian…
US Reveals $2.3 Billion Investment in Ukraine’s Military Drone Development Program
The Biden administration has declassified details about its extensive support for Ukraine’s military drone industry, revealing a sophisticated program that has fundamentally transformed modern warfare. According to information released by U.S. officials, this strategic initiative includes investments totaling $2.3 billion…
Bio-inspired LisRaptor Drone Revolutionizes Flight Control with Avian Engineering
EPFL researchers have achieved a significant breakthrough in bio-inspired drone design with their LisRaptor project, which mimics the sophisticated flight mechanics of the Northern Goshawk. This development, revealed in conjunction with their earlier RAVEN project, represents a substantial advance in…
DJI’s Ambitious 2025 Roadmap: 6 New Products Leaked by Industry Insider
DJI appears to be charging full speed into 2025 with an aggressive product launch schedule. According to reliable industry insider OsitaLV, the drone manufacturer has at least six new products in its pipeline, including updates to its consumer, professional drone…
FBI Intensifies Investigation of Drone Collision with Firefighting Aircraft as Palisades Fire Claims Celebrity Homes
The Federal Bureau of Investigation has escalated its investigation into a serious drone incident that occurred during firefighting operations at the Palisades Fire in Los Angeles County, with agents now canvassing high-profile neighborhoods for evidence. The collision between an unauthorized…