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Drone Industry Insights - Despite a global recession that affected all industries, the global drone industry is projected to reach a market value of US$41.4 billion by 2026. Drone services (e.g mapping and inspections) represent roughly 78% of global drone-related revenue and are the main driving force in the market. ....
(2) CHICAGO, IL / ACCESSWIRE / March 4, 2021 / The AIRO Group (AIRO), a global end-to-end Urban Air Mobility (UAM) and drone ecosystem company, today announced that it has engaged Stephens Inc. to assist in exploring a business combination agreement with a Special Purpose Acquisition Company (SPAC) which would result in a public listing on a US Stock Exchange. AIRO is led by Aerospace industry veterans with senior leadership experience at market-leading firms like Honeywell and major global airlines. AIRO will bring to the public market a consolidated, mid-market, enterprise with historically solid growth, differentiated intellectual property significant to the future of air travel and connectivity, and a recognized leadership team with a proven track record and public company experience, commented Dr. Chirinjeev Kathuria, Executive Chairman of AIRO. ....
(1) TAMPA, FL / ACCESSWIRE / March 2, 2021 / Core Avionics & Industrial Inc. ( CoreAVI ) announced today it will provide customers with a graphics and compute platform for safety critical cockpit displays, mission computing and safe autonomous systems, based on the 11th Gen Intel Core processor. CoreAVI will provide the software and hardware building blocks capable of achieving RTCA DO-178C and DO-254 DAL A, ISO 26262 ASIL D and IEC 61508 SIL 3 safety certifications. Intel will provide CoreAVI with access to detailed technical data, Intel Airworthiness Evidence Package, and Functional Safety Essential Design Package for the processor. CoreAVI s support for Intel s Core CPU includes its COTS-D hardware IP modules, VkCore® SC Vulkan-based graphics and compute driver, VkCoreGL® SC1/SC2 OpenGL® SC, VkCoreVX SC OpenVX SC 1.3 and ComputeCore libraries that provide a safety critical framework to support integrated GPU compute, vision systems and safe AI deployments. These prod ....
GA-ASI Flies MQ-9A Equipped with New Centerline Avionics Bay Our Bureau 1199 MQ-9A with Centerline Avionics Bay General Atomics Aeronautical Systems, Inc. (GA-ASI) said today it recently flew a company-owned MQ-9A Block 5 Remotely Piloted Aircraft (RPA) equipped with a newly developed Centerline Avionics Bay (CAB), for the first time. The CAB provides space to incorporate critical new capabilities for GA-ASI customers. Integration of the CAB began as GA-ASI needed space for new avionics on the MQ-9A, such as company-developed Detect and Avoid (DAA) system. In addition to the DAA system, GA-ASI will use the new avionics bay to pioneer Artificial Intelligence (AI)/Machine Learning (ML) applications and establish an Ethernet network with the outer wing stations to enable government Open Mission Systems (OMS) protocols for rapid, flexible, and affordable integration of new mission capabilities. These upgrades will further expand an already broad menu of roles ....
Infosys has agreed with ideaForge Technology, leading UAV systems manufacturing company, to invest an additional US$1.0 million (earlier, the Company had invested US$ 1.5 million in 2016) taking the cumulative investment to US$ 2.5 million as of date), subject to necessary closing conditions. ideaForge s UAV systems are increasingly being used across wide spectrum of organizations. Several customers of Infosys have also embraced UAV systems as they digitalize rapidly. The investment is intended to be utilized on R&D, sales, marketing, business development and working capital needs at ideaForge. This is expected to enhance joint capabilities to help our customers better. Based out of Mumbai, ideaForge is a leading UAV ....