BloombergPablo Mayo Cerqueiro, Swetha Gopinath, Vinicy Chan

Quantum Systems and Destinus weigh early-2027 IPOs as defense UAS demand pulls in underwriting discussions

Quantum Systems and Destinus are in talks to line up advisers for potential IPOs as soon as early 2027, according to people familiar with the matter. The drone makers are seeking to tap surging demand for unmanned defense assets, signaling a push toward public-market funding for UAS scale-up.

2026-05-28T03:16:36.693511-07:00
FlightGlobalGreg Waldron

Hanwha to develop small turbofan for CCAs, small aircraft

By FlightGlobal: New engine will support intense electricity needs of CCAs. Hanwha Aerospace and the Korea AeroSpace Administration (KASA) will jointly develop a new turbofan engine suitable for collaborative combat aircraft (CCAs) and other uncrewed aircraft.

2026-05-27T22:15:22.577087-07:00
BloombergLaura Dhillon Kane

Canada Is in Talks to Buy Saab’s GlobalEye Surveillance Jets to Bolster Military

By Bloomberg: Canada entered into negotiations to buy Saab AB’s GlobalEye military surveillance planes, rejecting American bids as the northern nation pushes to spend fewer defense dollars in the US.

2026-05-27T06:09:45.393840-07:00