Drones, AI, space: where to invest amid defence tech boom Tech The world is rearming at a dizzying pace. Global defence spending has surged at an annual rate of 4.2 per cent since 2020 – that’s four times faster than pre-pandemic levels, according to the Stockholm International Peace Research Institute. By 2030, that figure is expected to hit $3.4tr, reflecting rising geopolitical tensions and the race [...]
Russian drone and missile attacks kill eight in Ukraine Politics At least eight people have died overnight as Russian drone and missile strikes continued to pound Ukraine’s towns and cities, local officials said. Meanwhile, Moscow’s troops continued their grinding advance through the country’s east. A Russian missile strike on an apartment block in the Ukrainian city of Poltava killed at least seven people and injured [...]
Amazon reveals which UK location will get Prime Air drone deliveries first Business Amazon has revealed where in the UK it intends to start launching Prime Air drone deliveries. The US tech giant has chosen Darlington as the first site and will now set about lodging planning applications with the local authority. Amazon added that it is also seeking clearance from the Civil Aviation Authority (CAA) for the [...]
Ukraine destroys scores of Russian drones as long-range attacks continue September 7, 2024 Scores of drones were shot down over Ukraine on Saturday as the country continues to face increased long-range bombardment from invading Russian forces. The Ukrainian Air Force said 67 drones were launched over the country overnight, with air defences active in 11 regions, including in the capital, Kyiv. Fifty-eight drones were shot down, with three [...]
Israel aims strikes at Lebanon as Hezbollah launches attack August 25, 2024 Israel launched a wave of air strikes across southern Lebanon early on Sunday in what it said was a pre-emptive strike on Hezbollah. It came as the militant group said it had launched hundreds of rockets and drones to avenge the killing of one of its top commanders last month. The heavy exchange of fire [...]
How It Works: How drone technology is helping Ukraine fight its war May 2, 2024 In this week's episode of How It Works, City A.M.'s media, tech, and telecoms reporter Jess Jones sits down with Ricardo Mendes, the chief executive of the aerospace company Tekever.
Skyports: Flying taxis company raises £88m ahead of 2026 launch April 17, 2024 Skyports, a London-headquartered company developing flying taxis and vertiports, has raised $110m (£88.3m) to build a site in Dubai and launch services in 2026.
Drones to be banned from flying within 400 metres of prisons October 21, 2023 New “no-fly zones” will be introduced around prisons in England and Wales to prevent drones being used to deliver drugs and contraband to inmates.
Freight takes flight: £1.2m fund backs drones to connect isolated parts of the UK April 12, 2023 Drones will take to the sky in the Orkney Islands, as part of a £1.2m funding package to encourage more innovative and cleaner freight delivery solutions across the country. Skysports Deliveries – which provides infrastructure for the air mobility industry – won £150,000 and will use the drones to “improve island to island connectivity,” and [...]
BT: Telecoms giant enters the drone market in £5m deal January 4, 2023 BT, Britain’s telecoms giant has entered the automated drone business. Earlier today, Etc., the incubation team in BT Group’s Digital unit announced that it was entering a £5m deal with Altitude Angel. Altitude Angel is a Reading based technology provider and the deal is supposed to scale up UK’s automated flying infrastructure. The two businesses [...]