PALM BEACH, Fla., Dec. 7, 2022 /PRNewswire/ — FinancialNewsMedia.com News Commentary – Unmanned Aerial Vehicles (UAV) are being utilized across the globe for various diverse uses by commercial, state, military and individual users.. but can they fly IN… or TO space? A recent article on Remoteflyer.com discussed this question. It said: “Drones cannot fly to space without assistance or modifications. However, drones can fly in space but with customization to withstand low atmospheric pressure and weak gravity. Even so, standard drones can fly up to the point of reaching the clouds, though it’s very unsafe.” It added: “A modified or assisted drone can fly to space. Those who have flown a drone to space have used a weather balloon to lift the drone to flying height. Moreover, the pilots had to add modified communication equipment to effectively control the drone. There are several reasons why a standard drone cannot fly to space independently. First, a drone flies by pushing down air as its propellers spin. For the propellers to effectively lift the drone, there must be enough air in the atmosphere. But as you move up the Earth’s atmosphere, the air becomes thinner and the pressure drops. The drone has to spin the propellers faster to keep up or lose the ability to support its weight. That’s why NASA is working on a different propulsion system for the drones meant to fly to space… NASA is working on other propulsion mechanisms that could work in vacuums. Future space drones will possibly be powered by propulsion systems under testing like gas or water vapor… A drone can operate on Mars, and NASA has already had a successful demonstration… NASA (National Aeronautics and Space Administration) made history in April 2021 by flying the first helicopter on Mars. Though the plane didn’t look exactly like standard drones, the 39.1 seconds flight illustrated the potential for drone flights to space.” Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), AeroVironment, Inc. (NASDAQ: AVAV), Lockheed Martin Corporation (NYSE: LMT), Honeywell (NASDAQ: HON), AgEagle Aerial Systems Inc. (NYSE: UAVS).
“Drones are needed in space to observe and survey areas. Scientists use drones to complement rovers and other observatory equipment to collect space data. Though only one drone has been sent to Mars, more research is underway to create better crafts for space exploration. The advantage of using drones is they are cheaper than sending people and have better potential to fly over places the rovers can’t access. Under the standard drone definition, there are no drones that can fly in space. But if the description expands to “unmanned aerial vehicles (UAV),” then the X-37B Orbital Test Vehicle fits the bill. The Boeing-designed craft takes after NASA’s now-retired space shuttle, though at a miniature scale. Once launched, the X-37B conducts crewless missions in space and re-enters the Earth’s atmosphere as a space plane. The regular mission of this craft and other similar UAVs is to deliver cargo to and from International Space Stations.”
Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) BREAKING NEWS: Draganfly Launches New Flight Facility for Mine and Anomalous Detection Protocols – Draganfly Launches UAS adoption, innovation, and research operations in Spring Branch, Texas – Draganfly Inc. (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the launch of the Draganfly UAS A.I.R. Space, flight facility dedicated to the advancement of UAS program Adoption, Innovation & Research.
The Draganfly UAS A.I.R. Space provides a control site for the design, validation and optimization of standard operating procedures, sensor selection and data collection techniques. In partnership with Coldchain Technology Systems, testing at the site is in currently focused on protocol for anomaly detection for the identification of mines and unexploded ordinance and UAV Delivery for emergency response and humanitarian aid.
Located in Spring Branch, Texas, the flight facility will enable remote sensor testing from drones for various mines and other unexploded ordinances on and below the surface using a variety of real-world scenarios within a controlled testing environment. Testing infrastructure available at the site can be extended to a variety of other UAV programs, including infrastructure inspection, surveying and agricultural applications. The data obtained during testing programs will be used to develop new operating methods and train AI models in support of Draganfly’s mission to further the adoption of commercial UAV technologies.
“The ability to safely test mapping, equipment, technology, and potential use cases in a controlled non-threatening environment will enable Draganfly to continue its innovation and research in relation to mine detection and a variety of other UAV programs,” said Cameron Chell, President and CEO of Draganfly. “We are excited about this facility that we have launched with Coldchain Technology Systems and the amazing results that will benefit not only our partners and customers but the industry as a whole.” CONTINUED… Read this full press release and more news for Draganfly at: https://www.financialnewsmedia.com/news-dpro/
Other recent developments in the markets of note include
AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, recently announced it issued financial results for the Company’s second quarter ended October 29, 2022 after the market closed on Tuesday, Dec. 6, 2022. Management hosted a conference call and live audio webcast to discuss the results.
Hosting the call to review results for the fiscal second quarter was Wahid Nawabi, chairman, president and chief executive officer, Kevin P. McDonnell, senior vice president and chief financial officer, and Jonah Teeter-Balin, senior director corporate development and investor relations.
Investors may access the conference call by using Audio Replay.
An audio replay of the event will be archived on the Investor Relations section of the Company’s website at http://investor.avinc.com.
Lockheed Martin Corporation (NYSE: LMT), and Brelyon, the MIT spin-off pioneering a new category of ultra-immersive display technologies, will showcase the latest innovations set to transform the immersive simulation experience at I/ITSEC (https://www.iitsec.org), the largest training and simulation tradeshow in the United States. In collaboration with Lockheed Martin, Brelyon is showcasing Brelyon’s Ultra Reality™ — the world’s first headset-free virtual monitor — paired with Lockheed Martin’s F-16 Pilot Training Aid.
Brelyon and Lockheed Martin Take Desktop Simulators to the Next Level at I/ITSEC Conference. Launching a desktop simulator bundle with Lockheed Martin at I/ITSEC, Brelyon to demonstrate the world’s first headset-free virtual monitor at the largest training and simulation tradeshow in the United States.
Honeywell (NASDAQ: HON) recently announced that its technology is helping enable NASA’s Artemis I launch, as well as several other aspects of planned NASA missions that will bring astronauts to the moon and Mars. Over the course of NASA’s Artemis program, Honeywell technology will play an increasingly critical role in the Orion spacecraft and the Artemis missions.
Honeywell provides the full navigation and guidance system for the Artemis I launch vehicle. This allows the spacecraft to know exactly where it’s going, stay on course and return safely to Earth. Honeywell technology is also helping control the thrust on rockets that travel 73 times faster than the cars in the Indy 500.
AgEagle Aerial Systems Inc. (NYSE American:UAVS) recently announced that it has partnered with government contractor Darley to expand the market reach of AgEagle’s high performance fixed wing drones and sensors to the U.S. first responder and tactical defense markets.
Jeb Brown, Director of Unmanned Systems at Darley, stated, “Darley is very proud to add AgEagle’s high performance drones to our high quality, safe and innovative product offerings sold to fire, emergency and tactical professionals worldwide. In view of AgEagle’s eBee X™ series of fixed wing unmanned aerial systems (“UAS”) being cleared by the FAA for Operations Over People (OOP) and over moving vehicles in the United States, we believe this represents a paradigm shift for first responders reliant on optimal situational awareness for tactical, search and rescue or firefighting missions. Moreover, we look forward to driving greater defense market penetration for AgEagle’s NDAA-compliant, Blue UAS-cleared eBee TAC™, which is a powerful force-multiplier for warfighters requiring covert tactical mapping capabilities and optimized field intelligence in rapidly changing environments.”
DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM expects to be compensated twenty six hundred dollars for news coverage of the current press releases issued by Draganfly Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Contact Information:
Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757
SOURCE Financialnewsmedia.com