Drones News

SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX today announced the appointment of Christi Morrison as Chief Legal Officer. Morrison brings extensive experience as a senior legal executive and trusted advisor to boards and executive leadership teams, supporting AEVEX’s continued growth and operational scale. In her role, Morrison will oversee AEVEX’s global legal, compliance, and governance functions, serving as a strategic partner to the executive team and Board of Directors. She will support ent...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Efficient Power Conversion (EPC), the world leader in enhancement-mode gallium nitride (eGaN®) power devices, today announced a comprehensive licensing agreement with Renesas Electronics Corporation, a premier global supplier of advanced semiconductor solutions and high-voltage GaN transistors. Under the agreement, Renesas will gain access to EPC’s proven low-voltage eGaN technology and its established supply-chain ecosystem, accelerating the adoption of hig...

DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a dual-use Defense & Security platform company focused on non-kinetic effects, directed-energy technologies, and software-orchestrated defense systems, today announced the activation of its Q1 2026 structured production ramp through its wholly owned operating subsidiary Lyocon S.r.l., following a previously awarded contract valued at approximately $850,000. The order consists of 40 high-power 450nm blue laser systems for Dutch agr...

DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a dual-use Defense & Security platform company focused on non-kinetic effects, directed-energy technologies, and software-orchestrated defense systems, today announced the pricing of a $12 million public offering. The financing is intended to accelerate execution of the Company’s Defense & Security Transformation Plan and strengthen the Company’s capital position as it advances its integrated Defense & Security platform st...

AUSTIN, Texas--(BUSINESS WIRE)--Allen Control Systems (ACS), a leader in autonomous precision robotics, today announced it has been named a winner of the U.S. Army’s xTechOverwatch competition and its flagship product, Bullfrog™, has been recognized as one of the most innovative solutions for tactical overwatch currently available. Bullfrog was selected as a winner from a competitive field of dozens of advanced defense technology entrants following a rigorous evaluation of real-world performanc...

LINDON, Utah--(BUSINESS WIRE)--Fortem Technologies, the global leader in airspace security and counter-drone solutions, today announced it has received a multimillion-dollar order to protect U.S. venues at the upcoming 2026 FIFA World Cup using its net-equipped DroneHunter® interceptors that safely capture and remove hostile drones without creating debris or endangering crowds below. The 2026 FIFA World Cup will be the largest in history, with 48 teams competing across 16 host cities in the Uni...

PUZI, Taiwan & TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. (“SkyDrive”), a leading eVTOL (*1) aircraft manufacturer, is pleased to announce that it has reached a general understanding with 7A Drones Co., Ltd. (“7A Drones"), a major Taiwanese drone system company, for the purchase of 10 "SKYDRIVE" (SkyDrive Model SD-05) eVTOL aircraft. This agreement outlines the framework, including pricing structure and delivery timelines for ten aircraft. The two companies have also developed a proposed eme...

KIRKLAND, Wash.--(BUSINESS WIRE)--Echodyne, the radar platform company, today announces a major near-term expansion in its advanced radar production capacity. Echodyne’s new 86,350-square-foot facility will provide enough manufacturing and warehouse space to produce and ship more than 30,000 radars per year. The company’s modular manufacturing approach allows production capacity to flex to match varying demand across product lines as well as seamlessly introducing new product lines and capabili...

SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX today announced the appointment of Jason Gursky as Vice President of Investor Relations and Treasury. Gursky brings deep capital markets, investor relations, and corporate finance expertise to AEVEX as the company continues to scale its operations and expand its leadership position across unmanned systems, autonomy, and advanced defense technologies. In his role, Gursky will lead AEVEX’s investor relations and treasury functions, supporting strategic...

DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a developer of high-performance blue laser technology and an emerging defense and security technology platform, today announced the completion of the first tranche of a preferred equity restructuring transaction that materially simplifies its capital structure and reduces legacy balance-sheet overhang. The completed first tranche resulted in the restructuring and effective elimination of approximately $8.4 million of Series A Converti...