Over the past decade the prevalence and sophistication of Unmanned Arial Vehicles (UAVs) has grown enormously. UAVs, commonly referred to as drones, have no onboard human operator but rather their flight is directed using remote controls or autonomously through a computer.
Workhorse Group Inc., today announced that it has filed a Section 333 exemption with the FAA to deliver packages using its proprietary HorseFly octocopter that flies to and from a standard delivery vehicle.
According to a new market research report "UAV Drone Market for Commercial by Type (Fixed Wing, Rotary Blade, Quad Rotor), Technology (Energy & Propulsion System, Automation, Collision Avoidance), Application (Government, Agriculture, Manufacturing, Retail) & Geography - Global Forecast to 2020", published by MarketsandMarkets, the total UAV Drone Market for Commercial was valued at $15.22 Million in 2014 and is expected to reach $1.27 Billion by 2020, at an estimated CAGR of 109.31% between 2014 and 2020.
Astrobotic Technology, in partnership with NASA under the Lunar CATALYST initiative, has developed a preliminary version of its flight software for precision guidance. This software will direct the Griffin lander to safe touchdown on the Moon at a pit in the Lacus Mortis region on Astrobotic's first mission. Astrobotic developed the software using NASA's Core Flight Software (CFS), then validated Griffin's mission performance and fuel usage using NASA-proven modeling and simulation tools.
Gums tix, Inc. , the premier provider of Linux® computersonmodule (COMs) for electronic manufacturers, educators and hobbyists, today announced its partnership with the KISS Institute for Practical Robotics (KIPR) and its Botball® Educational Robotics to provide the next generation platform for standardsbased robotics education.
Tayzu Robotics, a manufacturer and developer on the vanguard of the development of Unmanned Aerial Vehicles (UAV), has reached an exclusivity agreement with the government of the Cayman Islands allowing them to create a comprehensive UAV testing facility on the island of Cayman Brac. Recognizing the need for a research and testing facility that can cater to the needs of users and developers of Unmanned Aerial Vehicles, Tayzu Robotics has worked with the government of the Cayman Islands to create such a facility.
The Bureau of Reclamation has selected New Mexico State University to be its lead unmanned aircraft system subject matter expert to perform the first Reclamation dam inspection. This proof of concept aeronautical research project will occur at Elephant Butte Dam in New Mexico later this summer.
Huntington Ingalls Industries' Undersea Solutions Group (USG) subsidiary made history in June as its two female divers became the first women to crew and drive a dual-mode underwater vehicle (DMUV).
Teledyne Technologies Incorporated announced today that it has invested additional capital and increased its ownership interest in Ocean Aero, Inc. to approximately 37 percent.
The unmanned systems composite market is estimated to be valued at $5.22 billion in 2015and is projected to grow at a CAGR of 8.26% to reach $7.76 billion by 2020.
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