drone

As the demand for drones in the U.S. military increases, the market is becoming increasingly congested. Numerous companies and startups are competing for the same investments and military dollars, leading to an oversaturated market. What Happened: The small uncrewed aerial vehicle...

Unusual Machines, Inc. (AMEX:UMAC) on Friday inked a definitive agreement to acquire Rotor Lab Pty Ltd, an Australia-based manufacturer of electric propulsion systems for unmanned aerial systems. The $7 million deal, which includes a $3 million earnout, is structured primarily as an all-stock...

Shares of Unusual Machines Inc. (NYSE:UMAC) and Dominari Holdings Inc. (NASDAQ:DOMH) surged ahead of the appointments of President Donald Trump‘s sons, Donald Trump Jr. and Eric Trump, to their advisory boards. What Happened: The drone maker, Unusual Machines, which announced Trump Jr.’...

Skydio, a prominent U.S. drone manufacturer, is confronting a supply chain crisis due to recent sanctions imposed by China. These sanctions, effective since Oct. 11, have halted Chinese companies from providing essential components, such as batteries, to Skydio. What Happened: The sanctions are a...

Former Chairman of the Joint Chiefs of Staff Mark Milley and ex-Google CEO Eric Schmidt have expressed concerns about the U.S.’ readiness for future conflicts involving artificial intelligence. What Happened: The battlefields of Ukraine are showcasing the rapid evolution of warfare, with...

The U.S. military has confirmed the destruction of two drones in Houthi-controlled areas of Yemen and over the Red Sea, citing a potential threat to American and coalition forces. What Happened: The U.S. Central Command stated on Sunday that the drones were destroyed on Saturday morning, reported...

The Ukrainian military has reported that it successfully sank a Russian landing ship in the Black Sea using naval drones. The ship sank near Alupka, a city on the southern edge of the Crimean Peninsula, which was annexed by Moscow in 2014. What Happened: The Caesar Kunikov amphibious ship was...

On Thursday night, Kim Jong Un and delegations from Russia and China attended a North Korean military parade showcasing the country's latest drone technologyin Pyongyang. What Happened: During the parade, North Korea showcased two new aircraft nearly identical to U.S....

Back in 2020, a flying drone dropped hundreds of baggies containing free cannabis samples in a square in Tel-Aviv, Israel. A pro-legalization campaign was organized by a Telegram group called "The Green Drone". The bags, which were grabbed by the dozen by pedestrians, contained...

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...

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Amazon (NASDAQ: AMZN) on Wednesday announced that it has secured a patent for drone technology that can be paired directly with delivery vans. The system, if it comes to fruition, could enable Amazon to optimize its last-mile delivery services by outsourcing much of the work to its automated drones...

The supply chain fantasy is the ability to deliver directly to every person anywhere in the world. Drone manufacturer Zipline wants to make that dream a reality and Thursday announced its $250 million in new funding led by Baillie Gifford with participation from past investors Temasek and Katalyst...

Just one month after announcing it would begin drone delivery service in Centerville, Ohio, grocery chain Kroger (NYSE: KR) officially kicked off the service on Wednesday, according to a report in the Journal-News. The drone service, provided by Drone Express, a division of Telegrid Technologies,...