DJI investigates multiple corruption cases set to leave it with losses of £116m on January 18, 2019 BusinessCrimeDJIFinancialHeadline NewsInternationalManufacturer The firm said it had discovered some cases of corruption during quality control last year and had handed information over to authorities. read more
Terra Drone Japan and Plimsoll UAV in Brazil sign joint venture agreement on January 18, 2019 ApplicationBusinessFinancialHeadline NewsInternationalMining and Aggregates The venture will establish Terra Drone Brazil aimed at expanding business in oil and gas.
Israeli state-owned Rafael Advanced Defense Systems makes £180.3m offer for Aeronautics on January 15, 2019 BusinessFinancialHeadline NewsInternationalInvestment The UAV manufacturer saw its shares rise by 37% when news broke that it received the bid on Sunday.
LIDAR firm Ouster adds to distributor network in global expansion on January 3, 2019 ApplicationBusinessInternationalNewsSuppliers The San Francisco-based firm is already represented in 50 countries across six continents, a number which is soon to increase.
British ‘zombie businesses’ only surviving due to low interest rates on January 3, 2019 BusinessFinancialNewsUK 11% of firms are just paying interest on debts, placing them dangerously close to 'zombie' territory.
Flock builds on UK network with UAV8 partnership on December 14, 2018 BusinessHeadline NewsInsuranceUK Both companies are hoping the move will help to protect training pilots with both hull and public liability cover. read more
Confidence among small businesses sinks to its lowest level for seven years on December 12, 2018 BusinessInsightJobsNewsUK FSB insists planning ahead has now become impossible for a lot of firms as the EU picture remains so uncertain.
senseFly restructures leadership team to widen commercial strategy on December 7, 2018 ApplicationBusinessEuropeHeadline NewsPeople The firm says average monthly orders have doubled since the introduction of the eBee X in September.
EXCLUSIVE: Coverdrone MD expresses importance of finding the “right” policy plan on December 5, 2018 ApplicationBusinessExclusiveHeadline NewsInsuranceUK Specialist provider based in the North West of England thinks the UK drone insurance market is now well represented and is at the forefront of flexibility.
Startup wins funding for energy harvesting drone on December 5, 2018 ApplicationBusinessFinancialInvestmentNewsUnited States eWind Solutions will use the investment to develop its energy harvesting tethered drone.
