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Shares in the US publicly listed technology company have drastically fallen over the past week following massive market capitalisation reportedly equating to approximately $2 billion.
The capabilities can be deployed as a complement to Australia’s crewed systems, and are scheduled for delivery in 2025. It comes as the Albanese government has earmarked more than $10 billion on expenditure for uncrewed systems.
The collection of countries was formally established on 14 February this year in an initiative proposed by Latvia and co-ordinated with the UK.
According to CASA, the workshops featured “facilitated conversations, First Nations-led case studies, and drone policy design sessions, aiming to integrate modern technology with traditional knowledge and practices”.
The grant is aimed at enabling a Pegasus joint development project between V-TOL Aerospace, Li-S Energy, and Halocell to develop a drone that integrates the next-generation batteries of Li-S and Halocell’s advanced solar cells into a “dawn to dusk” platform.
Despite their growing use in the sector, there are currently no national standards or regulations when it comes to drone cyber security, making them a significant threat vector considering their connectivity.
PROFILES
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
