UAV Development & Drone Programs News

Bloomberg • Edward Ludlow, Lily Meier, Natasha Mascarenhas

Zipline raises $1.5 billion at a $21.5 billion valuation to expand U.S. drone delivery with Walmart

The South San Francisco-based company says the funding will support a larger U.S. drone network, including expanded commercial delivery partnerships with Walmart and Uber. The raise values Zipline at $21.5 billion post-money, as it scales operations amid community concerns about drone delivery.

2026-11-05T05:30:44.639457-08:00

UAV Development & Drone Programs

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Valhalla completes live-fire trials of ASGARD counter-drone turret; Israeli firm unveils drone-targeting trigger

Slovenia’s Valhalla Turrets says its ASGARD system, armed with a Dillon Aero M134D 7.62 mm Gatling gun, completed several days of live-fire testing and fired thousands of rounds. Separately, an Israeli defense company says its Arbel electromechanical device is programmed to set a firing cadence optimized for engaging drones.

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Bloomberg

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Zipline raises $1.5 billion at a $21.5 billion valuation to expand U.S. drone delivery with Walmart

The South San Francisco-based company says the funding will support a larger U.S. drone network, including expanded commercial delivery partnerships with Walmart and Uber. The raise values Zipline at $21.5 billion post-money, as it scales operations amid community concerns about drone delivery.

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FlightGlobal

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D328eco slips to late 2029 as Wheels Up orders six Phenom 300Es and Vaeridion raises €30 million

Deutsche Aircraft has pushed the D328eco’s expected entry into service to late 2029, about two years beyond its prior target. Separately, Wheels Up ordered six new Embraer Phenom 300Es for delivery in the second half of 2027, while electric-aircraft start-up Vaeridion raised €30 million and was selected for a €94.5 million EU grant.

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eVTOL Insights

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OHB wins €554 million ESA contract for first Sentinel-3 Next Generation Topography satellite

The European Space Agency has awarded OHB a €554 million contract to develop the first Sentinel-3 Next Generation Topography satellite for the Copernicus program. The mission is intended to improve radar altimetry, extending Europe’s satellite capabilities for measuring ocean and land surface topography.

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Aviacionline

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US Air Force commits $37M to Joby autonomy work as contract ceiling rises to $50M

Joby Aviation has received $37 million in additional U.S. Air Force funding to advance and test its autonomous flight platform, with the overall contract ceiling raised to $50 million. The Air Force plans further Pacific exercises. Separately, Joby continues pursuing pre-certification air-taxi flights amid FAA scrutiny, while Eve signed an agreement with FlyBIS for up to 12 eVTOLs.

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Saildrone adds Norwegian manufacturing partner to expand European reach

Saildrone is preparing to manufacture its Surveyor uncrewed vessels in Norway, with a first mold already being readied, CEO Tom Fidjeland said at Euronaval. Fidjeland described the production work as technically straightforward, pointing to a local manufacturing route as the company pursues greater reach in the European market.

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The drones section on Hype offers a comprehensive look at the rapidly evolving world of unmanned aerial vehicles. Our expert analysis covers the latest advancements in drone technology, regulatory changes, and the expanding use of drones across industries, from commercial delivery to environmental monitoring.