Sky Sapience News
6 articles
growth-positive
COMSovereign Announces the Sale of its Sky Sapience Drone Subsidiary
COMSovereign Holding Corp., a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions, has announced an agreement to sell its Israel-based, Sky Sapience tethered drone unit to Titan Innovations for a total cash consideration of $1.8 million. This move is part of COMSovereigns refocusing efforts on its core wireless connectivity technologies and solutions. The sale will reduce the complexity of the company, decrease operating expenses, and improve the balance sheet.
Acquisition
growth-positive
COMSovereign Acquires Sky Sapience, Expanding Tethered Drone Product Portfolio for Commercial Communications, Defense and National Security Markets - sUAS News - The Business of Drones
COMSovereign Holding Corp. has announced the acquisition of Sky Sapience, an Israel-based developer of tethered aerial rotorcraft platforms. The acquisition was valued at approximately $12.7 million, consisting of $2.7 million in cash and 2.55 million shares of common stock. Sky Sapiences technology provides long-duration, mobile, and all-weather Intelligence, Surveillance, and Reconnaissance (ISR) capabilities. The acquisition will deliver an installed base of global customers, including Israeli security forces, and expand COMSovereigns market reach for state-of-the-art surveillance and reconnaissance capabilities. The acquisition is expected to bring valuable new synergies to COMSovereigns aerial platform business.
AcquisitionCustomers
growth-positive
Sky Sapience Introduces HoverMast - Lite - the Next Generation of Tethered UAV Platform - sUAS News - The Business of Drones
Sky Sapience introduces its newest generation tethered UAV platform, HoverMast-Lite, designed for the RCV/SMET programs. The HM-L systems maintain the capabilities of the original HoverMast while meeting size and weight requirements. The HM-Lite can incorporate various payloads and is controlled from a single interface. Sky Sapience aims to serve leading forces with its innovative technology.
PartnersCustomers
growth-positive
"Crystal clear imagery from the clouds: Alpha Unmanned Systems teams with Sightec - sUAS News - The Business of Drones
Alpha Unmanned Systems, a Madrid-based manufacturer of gasoline-powered helicopter UAVs, has announced a technology partnership with Sightec, an Israeli developer of video image stabilization and object detection software. The partnership aims to improve the stability and analysis of images recorded by Alphas Alpha 800 UAV. Sightecs on-board processing eliminates vibrations and makes the images clearer and easier to analyze. This technology integration is expected to reduce man-hours and minimize bandwidth requirements. The partnership is seen as a positive growth opportunity for Alpha Unmanned Systems.
Partners
growth-positive
Alpha Unmanned Systems Teams Up With Sky Sapience and Sightec - UASweekly.com
Alpha Unmanned Systems, Sky Sapience, and Sightec have successfully stabilized real-time video imagery using UAV technology. The companies conducted test flights at the ATLAS Flight Test Center in Spain, capturing high-quality imagery of Andalucias rolling hills. The Sightec camera, without a gimbal and only with software, stabilized the imagery in real-time at an altitude of 1,081 meters. The video content was streamed to the Ground Control Station, allowing for real-time detection and tracking of moving objects. This software-only solution provides significant quality advantages. The article highlights the collaboration between Alpha Unmanned Systems, Sky Sapience, and Sightec in advancing UAV technology.
Partners
growth-positive
http://www.jpost.com/Business-and-Innovation/Tech/National-program-to-develop-and-use-robots-must-be-promoted-says-R-and-D-council-405602
The National Council for Research and Development proposed the creation of a countrywide program for R&D in the field of robotics to advance society and the economy. The project has an economic potential of hundreds of billions of dollars, including exports. The state program would encourage the construction and development of robots and autonomic systems for various sectors. The council also suggested opening a national R&D institute for robotics and holding an annual professional conference. Science, Technology and Space Minister Danny Danon emphasized the need for a long-term robotics program.
InvestmentExpand
