Israel's El-Op confirms that it has taken over the 50%stake in the unmanned air vehicle (UAV)developer Silver Arrow, previously owned by its parent Federmann group. The UAV company, half owned by Elbit Systems, had sales of $15 million last year but that is due to double by 2000, says El-Op.
Source: Flight International
Zephyr ultra-endurance air vehicle developer AALTO has secured a $100 million investment from a Japanese consortium including mobile services provider NTT DOCOMO.
Following its purchase by BAE Systems earlier this year, UK unmanned air vehicle (UAV) manufacturer Malloy Aeronautics is significantly boosting output and targeting continued growth.
UK drone manufacturer Marble Aerospace is considering the adoption of an innovative metallic 3D-printing process to produce the complete airframe of its MRB5 platform to drive performance enhancements.
