Boeing accelerates Loyal Wingman aircraft development

Boeing Australia is accelerating development of the Loyal Wingman unmanned aerial vehicle the company is developing in Melbourne and Brisbane for the RAAF. The company has advanced laboratory and prototype development in preparation for first flight of prototypes next year. Boeing has fielded 15 autonomous test bed aircraft to refine autonomous control algorithms, data fusion,…

DroneShield powers ahead in latest quarter

Sydney-based drone security manufacturer, DroneShield (ASX: DRO) powered ahead in the latest quarter substantially increasing cash inflows and reducing cash burn. The company, which makes DroneShield, DroneSentinel and DroneGun Tactical products to detect and eliminate threats from rogue drones, booked revenue of more than a million for the first time in the quarter ended 31…

Drone Shield to enter Middle East markets

Australian anti-drone security company, DroneShield (ASX: DRO) has signed a memorandum of understanding with Saudi Arabia’s Public Telecommunication Co to enter Middle East markets. Public Telecommunication’s STC Specialized group, which is ‘guided’ by the Saudi government to partner with leading foreign companies, has added DroneShield to its partner list. The company said in a statement:…

Quickstep advances new composites technologies

Composites manufacturer Quickstep Holdings (ASX: QHL) has announced two contracts which further commercialise its advanced manufacturing processes. The company is developing its Qure process for manufacturing composites without autoclaving, and its Quickstep lean Production System (QPS). CEO Mark Burgess said in an announcement: “We are continuing to develop our state-of-the-art process technologies to support both…