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Swarmer Announces Closing of Initial Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
AUSTIN, Texas--(BUSINESS WIRE)--Swarmer, Inc (Nasdaq: SWMR) (the “Company” or “Swarmer”), a drone autonomy software company supporting operations in Ukraine, today announced the closing of its previously announced underwritten initial public offering (the “Offering”) of 3,450,000 newly-issued shares of common stock, including the full exercise by the underwriters of their option to purchase 450,000 additional shares of common stock, at a price to the public of $5.00 per share. The shares are li...
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NUBURU and Tekne Begin Production of GRAELION Platform for Ukraine, Launching Phase 1 Revenue
DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a dual-use Defense & Security platform company focused on non-kinetic effects, directed-energy technologies, electronic warfare and software-orchestrated defense systems, today announced that its Ukraine initiative with Tekne S.p.A. (“Tekne”) and Engineering Bureau “BERYL” LLC (“Beryl”), an established Ukrainian industrial company actively producing and supplying vehicles to Ukrainian military forces, has entered the production ph...
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Sanborn Geophysics Expands Airborne Electromagnetic Surveys to Support Critical Minerals Exploration
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--The Sanborn Map Company, Inc. announced the expanded deployment of its advanced airborne Time Domain Electromagnetic (TDEM) survey systems....
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AV Acquires Empirical Systems Aerospace, Inc.
ARLINGTON, Va. & SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV” or the “Company”) (NASDAQ: AVAV) today announced that it has acquired Empirical Systems Aerospace, Inc. (“ESAero”), a leading producer of unmanned aircraft systems (UAS) and advanced air mobility (AAM) platforms. ESAero is recognized for its deep engineering expertise, innovative electric and hybrid propulsion capabilities, rapid aerospace prototyping, and AS9100 Certified UAS manufacturing. Operating out of a...
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Palladyne AI Announces Employee Equity Awards
SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (Nasdaq: PDYN and PDYNW) (“Palladyne AI”), a U.S.-based defense and industrial technology company delivering embodied artificial intelligence software and autonomy solutions, today announced that effective March 10, 2026, the Compensation Committee of Palladyne AI’s Board of Directors approved the grant of, in the aggregate, 107,932 restricted stock units, or RSUs, as material inducements to seven employees entering into employment with a subs...
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Frank Wuerthwein & UC San Diego Team Recognized With 2026 CENIC AIR Award for Innovative Technical Design & Instructional Support
LA MIRADA, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--The Corporation for Education Network Initiatives in California (CENIC) is pleased to announce that Frank Wuerthwein, Executive Director of UC San Diego’s San Diego Supercomputer Center and his team will be recognized with the 2026 CENIC AIR Award for Innovative Technical Design & Instructional Support. The award will be presented at CENIC’s biennial conference “The Right Connection” to be held from March 31–April 1, 2026 in Monterey, CA....
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Karman Space & Defense Names Jon Rambeau as Chief Executive Officer to Lead Company’s Next Phase of Growth
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Karman Space & Defense (“Karman”, “Karman Holdings, Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions that align with the U.S. Department of War’s core mission priorities and the nation’s accelerating demand for access to space, today announced a transition in leadership to drive its next phase of growth, with Chief Executive Officer Tony Koblinski retiring a...
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Asylon Robotics Announces New Advisors, Additions to Leadership Team
PHILADELPHIA--(BUSINESS WIRE)--Asylon, a global provider of automated robotic security solutions, is pleased to announce Anthony McCarty as Senior Vice President Government, leading the company’s growth in military security services. Additionally, nationally recognized corporate security leader Michael W. Wanik, CPP, CBCP has joined Asylon’s advisory team. These appointments strengthen Asylon’s vision to replace outdated, time-consuming, and cost prohibitive legacy security plans with drones, r...
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Palantir Partners with Ondas and World View to Advance Next Generation Multi-Domain Intelligence Platform
MIAMI & WEST PALM BEACH, Fla. & TUCSON, Ariz.--(BUSINESS WIRE)--Palantir Technologies Inc. (NASDAQ:PLTR) (“Palantir”), a global leader in operational artificial intelligence platforms, today announced a strategic partnership with Ondas Inc. (NASDAQ:ONDS) (“Ondas”), a leading provider of autonomous aerial and ground robot intelligence through its Ondas Autonomous Systems (OAS) business unit and private wireless solutions through Ondas Networks, and World View Enterprises, Inc. (“World View”), a...
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Elroy Air selected to provide autonomous aerial cargo delivery as part of new White House program
SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, the leading U.S.-based developer of autonomous aerial systems for middle-mile logistics, has been selected for the U.S. Department of Transportation’s (USDOT) eVTOL Integration Pilot Program (eIPP). Established under President Trump's Unleashing American Drone Dominance Executive Order, the program is designed to accelerate safe eVTOL and advanced air mobility operations across the United States. Elroy Air was the only OEM with a purpose-built, heavy-p...