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Cision Canada
12 hours ago
- Business
- Cision Canada
Skyeton Canada Inc. Closes Strategic Seed Round Led by Research Capital Corporation, Launching Disruptive Entry into North American UAV Market
TORONTO, June 24, 2025 /CNW/ - Skyeton Canada Inc. (" Skyeton Canada" or the " Company"), a next generation venture in the unmanned aerial systems (UAS) sector, today announced the successful close of its initial private placement financing round. The offering, which was led by Research Capital Corp, positions Skyeton Canada to initiate scaled commercial operations and accelerate the deployment of its cutting-edge, dual-use drone platforms across defence, and civil / industrial sectors. This foundational capital raise is expected to enable the phased activation of Skyeton Canada's integrated three-channel business model comprising: OEM UAV platform sales of its RA™ UAV long-endurance systems; Drones-as-a-Service (DaaS) offerings for turnkey surveillance and monitoring missions; and AI-enabled Data-as-a-Service solutions providing actionable geospatial intelligence for enterprise and government customers. With momentum building for subsequent capital raises, Skyeton Canada is now uniquely positioned to emerge as a leading North American player in the fast-evolving UAV and aerial intelligence market. "Skyeton will not just build drones—we're also delivering sovereign surveillance capabilities with strategic agility," said a company spokesperson. "From border security to energy infrastructure monitoring, we offer unparalleled endurance, precision, and cost-efficiency in one package—operationally proven, manufactured in Canada, and ready for North America's unique surveillance needs." About Skyeton Canada Inc. Skyeton Canada Inc. is developing as a vertically integrated manufacturer of advanced long-endurance, Beyond Visual Line of Sight (BVLOS) unmanned aerial vehicles and tailored services to high-demand government and commercial applications. At the core of its offerings is the RA™ UAV platform, an up to 30-hour, 3,000 km / 1,800-mile endurance drone engineered for Intelligence, Surveillance, and Reconnaissance (ISR) missions in austere or expansive terrain, including the littoral. Operationally proven, and to be precision-built in Canada, the RA™ system will be ITAR-compliant, modular, and interoperable with both NATO-aligned defence frameworks and enterprise-grade civil use cases. Skyeton's platform bridges a critical capability gap—between costly manned aircraft and limited short-range drones—offering a cost-effective, AI-integrated solution for critical infrastructure and natural resource surveillance—including forestry and agriculture—Arctic and coastal monitoring, border integrity, public safety, and search-and-rescue (SAR) missions. Strategic Vision & Industrial Alignment Operating at the intersection of aerospace innovation and national security resilience, Skyeton Canada mission is aligned with Canada's defence modernization, domestic procurement, and whole-of-government surveillance priorities. Its collaborative approach will include partnerships with federal agencies, Indigenous communities, and domestic technology providers to ensure secure, sovereign ISR capabilities within Canada's industrial base. With a rapidly scalable DaaS model and in-house manufacturing capacity, Skyeton aims to meet growing global demand for persistent aerial intelligence solutions in military, civil, energy, environmental, and other essential sectors. Cautionary Statement Regarding Forward-Looking Information This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements include, but are not limited to, statements with respect to the future growth potential of the Company, the Company's strategic vision and business strategy, use of proceeds from the offering, and future requirements for capital. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to: the successful integration of technology; the ability to enter into agreements for the purchase and sale of its products; fluctuations in general macroeconomic conditions; the Company's limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the drone and UAV industry; unproven markets for the Company's product offerings; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of cost estimates; the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions; and liability, competition, loss of key employees and other related risks and uncertainties. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward looking statements or information.
Yahoo
02-04-2025
- Yahoo
OSL completes final phase of Project HADO®, setting new standards for autonomous drone operations in the UK
Successful live trials in the Heathrow FRZ mark a major milestone in the future of secure autonomous drone operations READING, England, April 2, 2025 /PRNewswire/ -- OSL has announced the successful completion of the final phase of Project HADO®, a UKRI-funded research and development initiative aimed at enabling secure, repeatable Beyond Visual Line of Sight (BVLOS) drone operations across UK airspace. The milestone marks the conclusion of more than two years of intensive innovation, consortium collaboration, and field testing. OSL led the consortium as prime integrator, bringing together key organisations including Heathrow, Thales, Cranfield University, UAVTEK, Carmenta, HEROTECH8, and Dynamic Intelligence Solutions—each contributing critical expertise across aviation, autonomy, surveillance, and airspace management. Project HADO® — short for High-Intensity Autonomous Drone Operations — focuses on enabling fully autonomous drone missions in busy, safety-critical environments such as airports, ports, urban centres, and transport hubs. These are spaces where complex air and ground activity makes uncrewed flight especially challenging. While many BVLOS projects explore long-range corridor travel, HADO® was designed to address the far more difficult task of operating autonomously within high-density, operationally complex areas. In the final series of live trials, OSL deployed its system within the Heathrow Flight Restriction Zone (FRZ), demonstrating two core use cases: perimeter patrol, using visible and thermal cameras to detect loiterers or intrusions along a fence line; and building survey, using automated point-to-point flight and image capture to generate both visual and thermal inspection data. These missions were supported by a detailed digital twin of the environment, developed in collaboration with Cranfield University. This synthetic modelling environment enabled precise flight planning, environmental awareness, and robust training of the autonomous behaviours required for safe and repeatable operations. The system is fully integrated into OSL's proprietary platform, FACE®, which incorporates drone-in-a-box infrastructure, layered sensor fusion, Uncrewed Traffic Management (UTM) tools, and a real-time operator interface. This end-to-end capability allows for safe, automated missions even in GPS-denied or dynamically changing environments. One of the outcomes of this final phase is the development of a rapidly deployable mobile HADO® system—allowing organisations to set up autonomous drone operations on-site within a single day. This flexibility opens the door to a wide range of applications, from critical infrastructure inspection to urban safety and emergency response. The project also delivered significant advances in detect-and-avoid functionality—widely considered one of the key challenges to safe BVLOS flight. By combining radar, optical sensors, and real-time environmental scanning with AI-driven logic, the system can autonomously detect risks, adjust its flight path, or safely return to base. "Project HADO® has been a defining moment for OSL," said Mark Legh-Smith, Chief Executive Officer at OSL. "We've taken a bold vision and delivered a functioning, field-tested system that brings together autonomy, safety, and situational awareness. It's a milestone not just for our team, but for the future of UK airspace." OSL continues to work closely with the Civil Aviation Authority (CAA) to support the safe expansion of BVLOS operations in the UK. The comprehensive safety framework, operational data, and successful trials at OSL's test facility near Reading are helping to inform the evolution of the UK's regulatory environment. Looking ahead, the technologies developed in HADO® are intended to support a wide range of civil and commercial use cases beyond the security domain — including infrastructure monitoring, transport hub management, and smart city applications. OSL and its partners are actively exploring future opportunities to deploy and evolve the system in line with operational needs. About OSLOSL is a UK-based security technology company specialising in adaptive, multi-layered solutions to protect high-value, risk-prone environments from unauthorised drones and other emerging threats. Founded by security and operational experts, OSL delivers advanced, technology-agnostic systems that integrate layered sensors, proprietary AI, and real-time data fusion to safeguard complex 3D spaces. Its core platform, FACE®, enables centralised monitoring, precise threat detection, and autonomous response capabilities across both aerial and ground domains. From design and deployment to 24/7 remote monitoring and lifecycle support, OSL provides full-spectrum protection tailored to each operational View original content: Sign in to access your portfolio
Yahoo
01-04-2025
- Business
- Yahoo
American Aerospace Technologies' AiRanger UAS Demonstrates 24-Hour Endurance Capability
SAN JOAQUIN VALLEY, Calif., March 31, 2025 /PRNewswire/ -- American Aerospace Technologies, Inc. (AATI) flew an around the clock mission carrying a 5lb mission payload with its AiRanger Group 3 Uncrewed Aerial System (UAS). As the only Commercial UAV manufacturer to receive commercial Beyond Visual Line of Sight (BVLOS) approval to fly in US National Airspace (NAS) by the FAA, AATI has made significant investments to ensure its AiRanger is able to conduct commercial operations safely and efficiently everywhere manned aircraft are currently able to fly. In addition to endurance, the mission operationally demonstrated many other advancements AATI has made as it rolls out a nationwide network of continuous AiRanger data collection services. AiRanger demonstrated a maximum range of 1,500NM, ability to operate with a Remote Pilot In Command at primary and secondary Operations Centers, and a technology suite designed to manage multiple platforms flying nationwide with real time sensor collection and processing capability. This demonstration flight was launched locally on the West Coast, then flown by a remote Pilot In Command on the East Coast while an Operations Center in Texas separately monitored, federated, and distributed all sensor data to relevant stakeholders. Revolutionizing Persistent Aerial Intelligence 24 hour endurance on a small, highly efficient and capable platform marks a turning point for uncrewed aviation, proving the feasibility of sustained aerial operations for real-time intelligence gathering, environmental monitoring, and disaster response. Equipped with AI-driven flight controls, advanced sensors, and seamless data integration, AiRanger is engineered to support complex, multi-domain missions with unparalleled endurance. Notably, the aircraft carried a five-pound payload, demonstrating its ability to support diverse sensor and data collection requirements. "Our team's successful long endurance flight demonstration of AiRanger is a game-changer for commercial BVLOS aviation," said AATI Director of Aviation Operations, Hovig Yaralian. "This achievement proves that extended UAS operations can deliver actionable intelligence, improved safety, and significant cost efficiencies across multiple sectors commercially in the National Airspace System." Key Capabilities Demonstrated: Extended Operations: AiRanger's long-endurance capabilities allow for continuous data collection across vast areas, enhancing operational effectiveness for infrastructure inspection, environmental monitoring, and ISR (Intelligence, Surveillance, and Reconnaissance) missions. AI-Powered Autonomy & Sensor Fusion: Advanced onboard AI and EO/IR, thermal, and hyperspectral sensors provide real-time analytics for precision agriculture, wildfire detection, pipeline and other infrastructure monitoring. Sustainable & Cost-Effective Aerial Solutions: By replacing traditional manned aircraft with UAS for persistent surveillance, AiRanger reduces carbon footprint, operational costs, and human risk. Scalability for Multiple Industries: The San Joaquin Valley test campaign, combined with operational support from Texas and New Jersey, showcases AiRanger's adaptability for energy, agriculture, border security, and disaster response. Advancing UAS Integration in the NAS With FAA-approved waivers for commercial BVLOS operations, AATI's successful demonstration of 24-hour flight endurance further validates the safe and effective integration of long-endurance UAS into controlled and uncontrolled airspace. This milestone builds upon AATI's track record of pioneering research and operational excellence, reinforcing its position as an industry leader in airborne intelligence and autonomous aviation. About American Aerospace Technologies, Inc. American Aerospace Technologies, Inc. (AATI) is a leader in long-endurance UAS operations, airborne intelligence, and advanced sensor integration. With proven expertise in BVLOS flight, AI-driven autonomy, and multi-domain mission execution, AATI is at the forefront of shaping the future of commercial and defense aviation. View original content to download multimedia: SOURCE American Aerospace Technologies, Inc. Sign in to access your portfolio
