Tag Archives: unmanned aerial vehicle

Boeing Invests in California-Based Autonomous Logistics Platform Maker

Boeing‘s venture capital arm has invested in Matternet, a company developing an unmanned aerial vehicle designed for urban logistics use. The California-based startup raised $16 million through a recent Series A funding round led by HorizonX Ventures, Boeing said Tuesday. Matternet received authorization last year to operate a UAV platform over Switzerland’s densely populated areas and has delivered …

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Ballard Subsidiary Receives UAV Propulsion Tech Order

A Ballard Power Systems subsidiary has received orders from the U.S. Navy to supply fuel cell propulsion systems to power unmanned aerial vehicle or drone platforms. Protonex will provide a variant of the 600-watt PEM propulsion technology for the Naval Research Laboratory-designed Hybrid Tiger UAV, Ballard said Tuesday. Deliveries are scheduled to occur this year. NRL is …

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