drone technology

Merlin, Inc. (NASDAQ:MRLN) shares surged Friday morning after the autonomous aviation startup announced it successfully completed a critical design review for its Merlin Pilot system with U.S. Special Operations Command (USSOCOM).  It is a meaningful technical and contractual milestone for a...

The United States, United Kingdom and Australia announced a joint effort to develop advanced underwater drone technology designed to safeguard critical seabed infrastructure and strengthen military capabilities across multiple regions. The initiative marks the first major project under AUKUS Pillar...

President Donald Trump‘s administration has made a habit of taking equity stakes in American industries it deems strategically critical — Intel Corp. (NASDAQ:INTC), rare earth mining companies like MP Materials (NYSE:MP) and others have already seen the government show up as a part-owner...

Aevex Corp.'s (NYSE:AVEX) explosive debut is fast turning the military drone maker into one of Wall Street's clearest expressions of the "war unicorn" trade that is starting to reshape both Pentagon strategy and capital markets.  AVEX stock is moving. See the chart and price action here....

The future of artificial intelligence (AI) is set to bring about a significant financial impact, with Cathie Wood’s Ark Invest analyst Tasha Keeney estimating a $28 trillion opportunity. Keeney has identified key sectors that stand to benefit, including Tesla Inc (NASDAQ:TSLA) and drone...

Red Cat Holdings Inc. (NASDAQ: RCAT) is a drone technology company that integrates robotic hardware and software for military, government, and commercial operations. The company delivers comprehensive products, services, and solutions to the drone industry through its two wholly-owned...

So far in the Drone Disruptors series, we've taken a look at two distinctly different players in the drone delivery space. Israel-based Flytrex hopes to become the drone of the U.S. suburbs, flying over residential neighborhoods and airdropping cups of coffee to your backyard. Then there's Volansi...

Jen had spent weeks looking for the perfect toy for her daughter for Christmas. Then she found it online and placed the order. Only days before Christmas, she chose drone delivery as the delivery option because the e-commerce site said it would be delivered on Dec. 23, just in time to make it a...

Set in 2062, "The Jetsons'" whimsical world of flying cars and robot housekeepers captivated young viewers with a high-tech future. But Hanna-Barbera got it wrong: At least part of that future may be four decades early. No longer the stuff of science fiction, highways in the sky are a very real...

A2Z Drone Delivery is already seeing success with its Rapid Delivery System (RDS1) tether drop system, and now it is adding a dual-drop commercial drone to complete the package. The company on Wednesday announced the commercial launch of the RDSX for drone delivery applications. The RDSX was...

International shipping giant DHL is ceasing development of its Parcelcopter delivery drones, according to a Monday report in German publication WELT. That halts the company's nearly decadelong quest to become a leader in the emerging drone industry. "We are not continuing the Parcelcopter project...

- To view more FreightWaves infographics, click here. Image by Lukas Bieri from Pixabay

Elroy Air's autonomous, vertical takeoff and landing (VTOL) cargo aircraft, the Chaparral, has caught the attention of investors, including Lockheed Martin. That company's venture capital arm and others were involved in Elroy Air's Series A raise announced on Wednesday. The company reported it had...

Drone delivery bulls took a hit after news of Amazon's (NASDAQ: AMZN) floundering U.K. drone operations broke on Tuesday, but plenty of smaller players are still working to bring drones to U.S. cities. The latest locale? Phoenix. South Korea-based Pablo Air announced Wednesday the expansion of its...

Comments closed this week on a notice of proposed rulemaking put forth by the National Transportation Safety Board, the government agency responsible for investigating transportation accidents, on the definition of drones and how that definition should be used to trigger accident investigations....