The acquisition will Solidify TCOM Holdings’ Global Leadership Position in Persistent Surveillance Platforms and Leading-Edge Radar and Sensor Systems.
Raven Aerostar and Abside Networks successfully demonstrated 4G LTE connectivity from the stratosphere in a series of test flights. Raven Aerostar's Thunderhead Balloon System provided connectivity through Abside's HAPS-RAN product line.
Raven Aerostar has secured a subcontract with a value of $3.6 million for products to TCOM L.P. for the KSA Modified Persistent Surveillance Systems - Tethered (PSS-T) Large Systems in a deployed location under a Foreign Military Sales program with the U.S. Army.
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) has completed its acquisition of Raven Industries, Inc., a U.S.-based leader in precision agriculture technology. The acquisition builds upon a long partnership and is an important milestone in CNH Industrial's digital transformation.
Raven announced that Defense Innovation Unit (DIU) has awarded a contract to Aerostar Technical Solutions, Inc. (Raven Aerostar) to provide robust high-altitude capabilities for the U.S. Department of Defense. DIU is focused on exclusively fielding and scaling commercial technology for use across the U.S. military.
South Dakota Mines’ Department of Electrical Engineering has received $150,000 from Raven Industries (NASDAQ:RAVN) to support the university’s new minor in avionics. The gift endows a Raven Aerostar scholarship to support students in the avionics program. It also allows the department to buy equipment for improved design, test and prototyping capabilities for high-speed electronic circuits needed in aircraft and space avionics applications.