Workflow
Drone
icon
Search documents
Draganfly Welcomes Lieutenant-General (Ret’d) Michel Gauthier to Military Advisory Board in Support of Canada’s Defence Industrial Strategy
Globenewswire· 2026-02-20 13:30
Core Insights - Draganfly Inc. has appointed Lieutenant-General (Ret'd) Michel Gauthier to its Military Advisory Board, enhancing its strategic position within Canada's Defence Industrial Strategy [1][5]. Group 1: Appointment and Strategic Importance - The appointment of Lt-Gen (Ret'd) Gauthier aligns with Canada's renewed Defence Industrial Strategy, which aims to strengthen domestic defence production and reduce reliance on foreign supply chains [2]. - Gauthier has over 36 years of service in the Canadian Armed Forces, including leadership roles in international operations, which will provide valuable insights into military needs and strategic planning [3][4]. - His expertise in defence policy and public-private collaboration is crucial for Draganfly as it seeks to contribute to Canada's evolving defence priorities [4][5]. Group 2: Company Positioning and Market Engagement - Draganfly is positioned to play a significant role in Canada's Defence Industrial Strategy, focusing on domestic production capacity, R&D investment, and advanced technologies such as AI and robotics [5]. - The company is expanding its engagement in defence and government markets through innovative product development and advisory leadership tailored to modern military requirements [6]. - Draganfly has a history of delivering award-winning drone solutions and software, serving various sectors including public safety and industrial inspection, which supports its strategic objectives in the defence sector [7].
Qualcomm to invest $150 million in startups in India
The Economic Times· 2026-02-18 05:23
Core Viewpoint - Qualcomm is committing to invest up to $150 million in India's technology and AI startup ecosystem through its new Strategic AI Venture Fund, highlighting its long-standing dedication to the region's innovation landscape [5]. Group 1: Investment Strategy - The investment will focus on supporting startups across all stages, particularly in areas such as AI for automotive, IoT, robotics, and mobile applications [5]. - Qualcomm sees a unique opportunity in India's rapidly growing startup landscape and the advancement of AI technologies [2][5]. Group 2: Commitment to Innovation - Qualcomm has been actively investing in India's startup community since 2007, having backed over 40 companies, which demonstrates its commitment to fostering innovation in the region [4][5]. - The company aims to support startups that are positioned to drive the next wave of innovation with technologies that will have a significant real-world impact across various industries [3][5]. Group 3: Notable Portfolio Companies - Current and previous portfolio companies include Jio, MapMyIndia, ideaForge, Shadowfax, Cavli Wireless, SpotDraft, and Tonetag, showcasing a diverse range of sectors from telecommunications to AI-powered solutions [4][5].
Is Something Big happening in AI?
BetaKit· 2026-02-17 14:45
Core Insights - The article discusses the rapid advancements in AI technology and the potential for significant disruption in various industries, as highlighted by Matt Shumer's essay [1][2] - There is a growing divide in perceptions of AI, with some viewing it as a transformative force while others see it as merely assistive [3][4] AI Industry Insights - Shumer warns that the capabilities of AI could lead to massive disruption by the end of the year, suggesting that companies should adopt paid AI tools to stay competitive [2] - Despite the hype around AI, there is a contrasting sentiment among investors, who are largely selling AI stocks amid a broader downturn in tech [4] Canadian Tech and Defence - Canada's Defence Industrial Strategy (DIS) is a $6.6 billion initiative aimed at enhancing domestic companies' roles in rebuilding the armed forces and improving sovereign defence capabilities [6] - The DIS is expected to benefit Canadian tech companies, which are positioning themselves to capture a share of the federal funding allocated to the defence sector [6] Startup Ecosystem - The University of Toronto is recognized as the top university in Canada for entrepreneurs, contributing to job creation and economic growth through its venture-backed startups [5] - Notable startups include Erthos, AmacaThera, and Ada, which are innovating in cleantech, biotech, and AI customer engagement respectively [7] Investment Trends - A report commissioned by the federal government revealed persistent issues in the private sector's feedback regarding the Business Development Bank of Canada, which has not been addressed [5] - The Ottawa e-commerce giant reported record quarterly revenue and a $2 billion USD stock buyback, yet investor sentiment remains cautious [9]
ZenaTech Advances its Autonomous AI Drone Power Wash Platform and Dubai Drone as a Service Presence
Globenewswire· 2026-02-17 12:30
Core Insights - ZenaTech is advancing its AI autonomous drone power wash system for building cleaning and outdoor maintenance, currently testing at a facility in Dubai [1][2] - The global drone-based cleaning services market is growing at 17% annually, projected to exceed USD 13 billion by 2030, presenting a significant opportunity for ZenaTech [2] - The company is establishing a Drone as a Service (DaaS) location in Dubai, hiring staff and training drone pilots to support its operations [3] Company Developments - ZenaTech's power wash system utilizes LiDAR scanning and AI to create optimized cleaning plans, enhancing efficiency and reducing manual labor [2] - The ZenaDrone IQ Square is designed for various applications, including power washing, with a payload capacity of up to 7 kilograms and a flight time of approximately 20 minutes [4] - The company is building a global DaaS network by acquiring established service companies and integrating drone technology into traditional industries [5] Market Position - ZenaTech aims to modernize the labor-intensive cleaning industry by leveraging drone technology, data, and AI to improve safety and operational efficiency [2][5] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, focusing on expanding its DaaS services through acquisitions [7]
First Tellurium Reports on Recent Activity in the Company's Share Price
Thenewswire· 2026-02-11 12:30
Core Viewpoint - First Tellurium Corp. asserts that there is no negative news impacting its share price, despite shareholder concerns, and emphasizes ongoing positive developments in its thermoelectric technology [1][2] Company Developments - The company is making progress with its subsidiary PyroDelta Energy Corp. on thermoelectric technology and drone applications, which will be showcased at the DARPA Heavy Lift Challenge [2][3] - PyroDelta's proprietary Capillary Casting manufacturing process is expected to create new revenue streams [2] Technology and Competitive Edge - The drone design for the DARPA contest utilizes tellurium-based thermoelectric technology to capture waste heat from the engine for supplemental power, positioning the company competitively within the drone industry and U.S. government [3] - The company is exploring manufacturing opportunities in the thermoelectric sector and anticipates future announcements regarding these developments [3] Industry Engagement - First Tellurium is receiving inquiries from various sectors, including industry, media, and government, indicating growing awareness of its technology [3][4] - The company has engaged with Canadian government officials to discuss the potential of its technology for clean energy applications [4][5] Business Model - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and the advancement of tellurium-based technologies [5]
Is Ondas (ONDS) One of the Worst AI Stocks to Invest In According to Reddit?
Yahoo Finance· 2026-02-08 10:21
Group 1 - Ondas Inc. has received multiple price target increases from analysts, with Northland raising it from $10 to $16, Lake Street from $10 to $19, and Oppenheimer from $12 to $16, all maintaining positive ratings [1][2][3] - The company provided strong fiscal year 2026 revenue guidance of $170 million to $180 million, which is expected to exclude future acquisitions, indicating its evolution into a significant player in autonomous systems [1] - Lake Street highlighted a revised revenue goal of $1.5 billion for 2030, reflecting confidence in Ondas' long-term opportunities and prompting raised revenue estimates for 2026 and 2027 [2] Group 2 - Ondas operates in the private wireless, drone, and automated data solutions sectors, with two main segments: Ondas Networks and Ondas Autonomous Systems [5] - Analysts characterized the company's updated financial guidance for 2026 and 2030 as conservative, noting accelerating momentum and increased visibility in its integrated autonomous solutions [3]
Why Did Lantronix Stock (LTRX) Jump 17% After Hours? - Lantronix (NASDAQ:LTRX), Safe Pro Group (NASDAQ:SPAI)
Benzinga· 2026-01-28 06:54
Core Insights - Lantronix Inc. experienced a significant stock surge of 17.68% in after-hours trading, reaching $8.11, following an 8.5% increase to $6.89 during regular trading hours [1] Partnership Agreements - Lantronix signed a memorandum of understanding and master services agreement with Safe Pro Group Inc., focusing on the joint development and commercialization of embeddable chipsets for Qualcomm-based drone and autonomous vehicle platforms [2] Technology Integration - The company will integrate Safe Pro's Object Threat Detection (SPOTD) AI algorithms with its Qualcomm-based Open-Q™ System-on-Module solutions, enabling real-time detection of explosive threats without cloud connectivity [3] Market Collaboration - Lantronix will collaborate on defense and commercial drone programs, including the use of Red Cat Holdings' Teal Black Widow quadcopters in the U.S. Army's Short-Range Reconnaissance program [4] Market Projections - The global drone market is projected to reach $57.8 billion by 2030, according to Drone Industry Insights [4] Trading Metrics - Lantronix has a market capitalization of $271.18 million, with a 52-week high of $7.14 and a low of $1.91, reflecting an 84.72% increase in stock price over the past 12 months [5] Technical Analysis - The Relative Strength Index (RSI) for Lantronix stands at 62.32, indicating a strong upward trend, and the stock is currently at 95.2% of its 52-week range [5][6]
解码深圳南山区万亿GDP背后的发展含“金”量
Nan Fang Du Shi Bao· 2026-01-28 05:34
Economic Growth - In 2025, Nanshan District successfully entered the trillion GDP club, becoming the first district in China to achieve this milestone with a GDP exceeding 1 trillion yuan, growing from 652.7 billion yuan at the end of the 13th Five-Year Plan, representing an average annual growth rate of over 5.8% [1] - Nanshan's GDP is expected to exceed 1 trillion yuan with a growth rate of over 6% in 2025, driven by strong performance in investment, consumption, and foreign trade [3] Industrial Development - The industrial output value of Nanshan has surpassed 900 billion yuan, with the highest growth rate and contribution to the city's economy [3] - Nanshan has over 200 listed companies and has nurtured more than 6,000 national high-tech enterprises, 36 manufacturing champions, and 394 specialized and innovative "little giant" enterprises [3] Technological Innovation - Nanshan has over 1,300 AI enterprises, contributing approximately 60% to the city's AI industry value, and has established a complete industrial chain for intelligent robots [4] - The district's low-altitude economy has reached a scale of over 80 billion yuan, with significant advancements in drone delivery services [5] Environmental Sustainability - Nanshan has developed a green infrastructure with over 60 kilometers of greenway networks and 197 parks, promoting a harmonious coexistence between nature and urban development [8] - The air quality in Nanshan has consistently maintained an excellent rate of over 90%, with PM2.5 levels better than the EU's second-stage standards [10] Social Welfare - Nanshan has made significant investments in education, adding approximately 5,000 new compulsory education seats and 500 preschool seats, enhancing educational quality [11] - The district has provided over 150,000 job opportunities through various employment initiatives, supporting the local workforce [11]
Draganfly Announces Cameron Chell as Executive Chairman of the Board
Globenewswire· 2026-01-20 13:30
Company Leadership Change - Cameron Chell has been appointed as Executive Chairman of the Board, replacing Scott Larson, who will remain a Board member [1][2] - Chell has served as the CEO of Draganfly since August 2019 [1] Company Overview - Draganfly Inc. is a leading developer of drone solutions, software, and AI systems, recognized for over 25 years in the industry [3] - The company serves various markets including public safety, public health, mining, agriculture, industrial inspections, security, mapping, and surveying [3] - Draganfly aims to provide efficient solutions and first-class services to customers globally, focusing on saving time, money, and lives [3]
“十五五”开好局 起好步丨跨江补给、政务巡查……低空经济赋能民生百业
Yang Shi Xin Wen· 2026-01-11 04:57
Core Insights - The article discusses the development of the low-altitude economy in Nanjing, highlighting the establishment of a smart operational hub for drone management, which integrates flight, approval, and scheduling processes in real-time. Group 1: Low-altitude Economy Development - The "14th Five-Year Plan" suggests the creation of emerging pillar industries and the acceleration of strategic emerging industry clusters, including the low-altitude economy [1] - Nanjing has established a low-altitude economic industrial park, which serves as a busy hub for drone operations [4] Group 2: Drone Applications - Drones are acting as "aerial couriers," delivering supplies to ships on the Yangtze River, significantly reducing time and costs compared to traditional methods [5] - A new drone blood transport route has been opened by the Jiangsu Blood Center, addressing the need for rapid and temperature-controlled delivery [8] - The application of drones has expanded to various sectors, including government inspections and long-distance deliveries, facilitated by an efficient operational management system [9] Group 3: Operational Management - A national platform allows users to quickly apply for and approve flight plans via a WeChat mini-program, streamlining the process for qualified users [11] - Drones are increasingly integrated into daily life through various practical applications, from material delivery to medical supply transport [11]