Industry

Funding rounds, partnerships, layoffs, and the market math underneath the drone headlines.

776

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101

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Reporters on beat

Sep 7

Last updated

Artificial Intelligence

Brain-Computer Interface Breakthrough: Paralyzed Man Pilots Virtual Drone Using Only Thoughts

In a groundbreaking advancement for both neural interface technology and drone control systems, researchers at the University of Michigan have demonstrated the first successful thought-controlled drone navigation through a complex obstacle course. The study, published in Nature Medicine, represents a significant leap forward in brain-computer interface (BCI) applications for unmanned aerial vehicl

Haye KestelooJan 20

Lockheed Martin

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 the AI drone startup at approximately $5 billion. The investment talks, first reported by The…

Haye KestelooJan 20

Skydio

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 announced plans to invest $1.35 billion over four years to develop its domestic drone industry,…

Haye KestelooJan 19

DJI

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 alongside the DJI Air 3S in a sophisticated camera testing setup, providing valuable insights into…

Haye KestelooJan 19

FAA

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 immediate 8% drop in the company’s stock price and sparked multiple legal investigations. Kerrisdale Capita

Haye KestelooJan 18

The Future of Warfare: The Rise of Killer Drones in Ukraine

White House

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 and encompasses technical support, component procurement, and intelligence c

Haye KestelooJan 17

DJI

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 lines, and action cameras. New DJI Product Lineup Revealed The leaked product list includes: This…

Haye KestelooJan 15

Ukraine's AI-Guided Drones Revolutionize Modern Warfare with 80% Hit Rate

Germany

Germany Authorizes Military to Shoot Down Unidentified Drones Near Critical Infrastructure

In a significant shift in drone defense policy, German Chancellor Olaf Scholz’s cabinet has approved legislation authorizing the country’s armed forces to shoot down unidentified drones near military installations and critical infrastructure, reports Bloomberg. This amendment to the Aviation Security Act represents a substantial escalation in Germany’s approach to countering potential aerial threa

Haye KestelooJan 15

Industry

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