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Honeywell To Acquire Civitanavi Systems for $216 Million

Saying it plans to strengthen its autonomous operations and expand its European footprint, Honeywell HON 0.07%↑ this week announced its intention to acquire Italy-based Civitanavi Systems for about $216 million. ...

CMC Electronics and Hexagon Partner on Aviation GNSS Platform

CMC Electronics and Hexagon’s Autonomy & Positioning division have partnered on a GNSS platform for aviation.  The companies said they will merge CMC’s certification expertise with a Hexagon-NovAtel...

Shield AI Grabs $200 Million Investment for Autonomous Aviation Technologies

New investment places the company's value at $2.7 billion... Defense technology company Shield AI has raised $200 million in Series F led by U.S. Innovative Technology Fund (USIT) and...