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Techstars and Starburst have launched a new accelerator program that seeks to help startups developing space-based technologies and other related platforms. Matt Kozlov, former head of the Cedars Sinai Accelerator, will serve as managing director of the Los Angeles-based Techstars Starburst Space Accelerator program, Techstars said Tuesday.

A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, Research Markets said Thursday. Lockheed Martin, L3 […] More
An Israel Aerospace Industries subsidiary has secured a potential $39.3 million contract from the U.S. Air Force to provide counter-unmanned aerial system supplies to the U.S. Strategic Command. ELTA North America will deliver the counter-UAS equipment in support of Stratcom’s joint emergent operational requirements, the Defense Department said Wednesday. Contract work is scheduled to be completed by […] More
An Israel Aerospace Industries subsidiary has developed a three-dimensional radar system designed to support air surveillance and defense operations in a European NATO member country. IAI said Tuesday its ELTA Systems business produced and integrated an undisclosed quantity of mobile 3D radars into the customer’s national and NATO air and missile defense system. The radar is built to aid […] More
Airbus Group‘ defense and space business has awarded Israel Aerospace Industries a contract to supply multimode radar systems for integration into Canada’s future maritime surveillance aircraft. The Canadian government ordered 16 C295 MSA units from Airbus that will be equipped with ELM-2022A radars from IAI’s ELTA Systems subsidiary, IAI said Monday. ELM-2022 works to detect, track, classify and identify maritime […] More
Israel Aerospace Industries and South Korea-based composites manufacturing firm Hankuk Carbon have formed a joint venture with the goal to develop and produce unmanned aerial vehicles. Korea Aviation Technologies will specifically offer vertical takeoff-and-landing UAVs to the South Korean military and civilian sectors, IAI said Tuesday. KAT aims to build platforms with a maximum take-off weight of 600 […] More
Israel Aerospace Industries has demonstrated an unmanned helicopter proof of concept the company designed to simplify air and land battlefield supply logistics processes during a warfare mission. Air Hopper performed two simulated scenarios, including one wherein the platform transported a wounded soldier to an extraction point for treatment, during the POC demonstration, IAI said Monday. For […] More
Textron‘s Bell Helicopter subsidiary has completed the prototype build of a tiltrotor aircraft platform designed for the Joint Multi-Role Technology Demonstrator program under the U.S. Army‘s Future Vertical Lift initiative. Bell said Wednesday it aims to demonstrate its V-280 Valor offering this fall through a maiden flight test. Lockheed Martin built V-280’s cockpit, avionics, distributed aperture system […] More
Verint Systems is part of an industry consortium that won a multimillion dollar project to establish a government security operations center for a Latin American country to help government organizations address sophisticated cyber threats. The company said Thursday it will provide a threat detection and analysis platform to the future GSOC as a member of the ELTA Systems-led Israeli Cyber Companies Consortium. Noam Rosenfeld, senior […] More
Research and Markets has predicted the global market for military satellite payloads and subsystems will grow at a 5.35 percent compound annual growth rate through 2021 due to advancements in satellites, antenna technology and networks. The research firm said it also forecasts that the emergence of ground-based inflatable satellite communications antennas for military applications will help drive market growth. The “Global Military Satellite […] More
India's navy has issued a request for information for a program that seeks to purchase approximately $1.5 billion in short-range surface-to-air missile platforms in an effort to replace its Israel-made Barak-1 air defense systems, Defense News reported Wednesday. Vivek Raghuvanshi writes the Indian navy plans to release a tender after six months through the Make […] More
Research and Markets has released a report that predicts the global unmanned aerial vehicle flight training and simulation market to rise at a 7.29 percent compound annual growth rate through 2021. Research and Markets said Monday its “Global UAV Flight Training and Simulation Market 2017-2021” report covers an in-depth market analysis and discussions on the market landscape, vendors and […] More
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