Companies Sign Exclusive Distribution Agreement for Transwing® VTOL UAS in the UK, Kingdom of Saudi Arabia, and United Arab Emirates

Overwatch Group, a UK-based end-to-end design and manufacture company specialising in advanced unmanned system and munitions technologies, and PteroDynamics Inc., an innovator in vertical takeoff and landing (VTOL) aircraft systems, today announced a landmark long-term strategic relationship and the first distribution agreement to bring the pioneering dual-use autonomous Transwing® (VTOL) to certain territories outside the United States. Overwatch will be the exclusive sales representative of the Transwing® unmanned aerial systems (UAS) aircraft on behalf of PteroDynamics within the United Kingdom (UK) for all non-commercial sales, and in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) for all prospective commercial and defence sales. Overwatch has also made a strategic investment in PteroDynamics.

As the first distributor for this technology, Overwatch will help expand the employment of the Transwing® aircraft platform outside the United States, starting in the UK, UAE, and KSA. Overwatch will bring its engineering expertise in unmanned systems and payloads to satisfy requirements for potential customers in these territories.

PteroDynamics’ Transwing® is a revolutionary VTOL aircraft system that overcomes the limitations inherent in other VTOL designs by marrying the speed, range, and endurance of fixed-wing aircraft with superior VTOL performance in an efficient, highly automated platform. The aircraft folds its wings to transition seamlessly between vertical and winged horizontal flight, requires no additional launch and recovery infrastructure, and occupies a minimal footprint, making it immediately ready for VTOL operations out of the box. Its unique performance characteristics provide defence and commercial operators with a more cost-effective, autonomous alternative for critical logistics resupply and other missions to remote locations without runways, which are currently undertaken by crewed aircraft, boats, or other less practical means.

Prototypes of the Transwing® are currently under assessment by the U.S. Naval Air Warfare Center Aircraft Division (NAVAIR NAWCAD) for the Blue Water Maritime Logistics UAS (BWUAS) program for automated long-range maritime resupply missions. Automating maritime logistics and resupply also represents a significant opportunity for commercial operators. Unplanned downtime of offshore oil and gas production results in average losses of U.S. $49M per year per producer, and nearly 100,000 commercial sea-going vessels of more than 100 gross tons make 4.4 million ports of call yearly, each time requiring deliveries prior to coming to port, which are costly and difficult to schedule.

Drew Michael, CEO at Overwatch Group said, “We are extremely proud to have secured our long- term strategic relationship with PteroDynamics. Both companies are dynamic engineering enterprises that design and manufacture unique, patented technology from the ground up. Our R&D of cutting-edge payload technologies continues to gather pace as we develop our next generation of drones, and we now wish to extend our expertise into wider markets. Having assessed the market, the Transwing® stood out as transformational dual-use technology, and the whole of Overwatch is excited by how we will enhance it.”

Matthew Graczyk, CEO at PteroDynamics said, “PteroDynamics’ ability to build successful working strategic relationships with leaders in our industry enables us to accelerate innovation and build the solutions that solve the critical unmet needs of our customers. Not only does Overwatch have deep domain experience in avionics and aero-mechanical engineering, but their ties with commercial and defence customers in the UK, KSA, and UAE will prove to be a game-changing advantage for both companies. We are excited to work closely with Overwatch and look forward to growing this important strategic relationship.”

DroneShield Ltd (ASX:DRO) (DroneShield or the Company) is pleased to advise that Hon Richard Marles, Deputy Prime Minister of Australia and Minister for Defence, has visited the new DroneShield Sydney facility in mid June.

DroneShield was included into the Australian Government’s Ukraine aid package in late 2023, contributing its rapidly deployable C-UAS sensors and effectors, and was approximately half of the total package amount at the time ($10m out of the $20m total). Its products are continued to be used on the frontlines in Ukraine to stop Russian drones, as well as a substantive number of other locations globally.  

The Company has moved into the new and substantially enlarged premises earlier this year, with the facility currently hosting approximately 130 staff, including over 100 engineers, as well as operations, business and corporate teams. With a larger own manufacturing floor combined with growing outsourced manufacturing capacity, DroneShield has a current manufacturing capacity of approximately $400m per annum. All of DroneShield’s R&D and manufacturing is done in Australia.

Hon Richard Marles receiving a brief at the DroneShield facility

Hon Richard Marles, Deputy Prime Minister of Australia and Minister for Defence, commented: “DroneShield is an example of an Australian high-tech success story, with world-class cutting edge local R&D and manufacturing, and growing exports around the world, with focus on the US.”

Hon Richard Marles inside the DroneShield anechoic test chamber

Oleg Vornik, DroneShield CEO, commented: “Over the last 10 years, DroneShield has become a global leader in AI-powered C-UAS solutions. Critically in the current geopolitical environment, it is also a significant sovereign manufacturer. We are pleased to have had an opportunity to brief the Deputy Prime Minister on our operations, and look forward continuing to support Australia and its allies with our advanced technologies.”

Hon Richard Marles receiving product brief in the display area from DroneShield CTO Angus Bean

Vienna, 20 June 2024 – The Schiebel Group is strengthening its European footprint by establishing Schiebel Aéronaval SAS in Toulon, France.

The CAMCOPTER® S-100 has been in service with the French Ministry of Armed Forces since 2012. In order to more closely support this successful partnership and meet the operational requirements of the Armed Forces in case of major engagements, Schiebel has established a company in France, situated close to its customer, in Toulon. The new Schiebel entity will provide localised support for the French Navy’s fleet of S-100 within the framework of a 5-year contract DMAé (Direction de la Maintenance Aéronautique) awarded to Schiebel at the end of 2023.

Schiebel Aéronaval SAS will house a production and repair facility to conduct the assembly and maintenance of the S-100 systems for the French Navy and other customers. The new Schiebel company will also have a training department to train operators and maintenance technicians.

Furthermore and significantly, the entity is intended to become the main European production and payload integration site for the evolving CAMCOPTER® S-300.

Schiebel Aéronaval SAS embeds itself into the French Aerospace industrial network, works closely with other local French companies and is expected to generate many employment opportunities in the Toulon area.

“We are extremely proud to count France, renowned for its emphasis on strategic autonomy, among the CAMCOPTER® S-100 users. Opening a facility in Toulon not only enables us to serve the French Navy better, but also to be closer to our French industrial partners and benefit from the advantages of the region, including direct access to the sea. We are more than excited about the new opportunities this important step will bring“, said Lubos Sramek, CEO of Schiebel Aéronaval SAS.

Paris, 19 June 2024 – The Düsseldorf-based technology group Rheinmetall and the US company Anduril Industries signed a Memorandum of Understanding (MoU) during Eurosatory in Paris, one of the world’s leading trade shows for defence and security. Under this collaboration, Rheinmetall and Anduril will work together to design, develop, and produce new layered Counter small Unmanned Aerial System (C-sUAS) air defense systems. The scope of this collaboration is primarily to address European markets first.

These C-sUAS systems will combine Rheinmetall’s command and control system, Skymaster, and high-power guns with Lattice and open, modular and scalable hardware components including Anduril’s Sentry Tower, Wisp sensors and Anvil, its autonomous interceptor. By combining the unique capabilities of both companies, an unmatched layered solution for C-sUAS will be offered. Overall, the MoU aims to bring together the complementary skills of these two leading companies.

Oliver Dürr, CEO of Rheinmetall Air Defence AG: “This cooperation will showcase the most innovative C-sUAS system – combining the strength of Rheinmetall military capabilities and the edge cutting development speed of Anduril. I am absolutely confident that this combination will address the future needs of our clients and that we shall bring the right solution at the right time on the market.”

Greg Kausner, Anduril’s SVP of Global Defence states: “The pace of warfare is accelerating at the speed of technology development. Global defence forces must face a rapidly evolving set of threats from both emerging unmanned systems and legacy manned platforms. Air defence systems require a layered approach that is flexible, adaptable and rapidly deployable. Anduril’s partnership with Rheinmetall will bring an innovative, software-defined and hardware enabled C-sUAS system to our customers to ensure they stay one step ahead of the drone threat.” For more than a century, Rheinmetall has delivered high-power air defence guns and systems globally, providing unmatched firepower. Anduril, a global defense technology company, has developed a growing family of low-cost autonomous weapons systems all powered by its AI-enabled, interoperable Lattice software platform. 

This cooperation will enable both companies to fulfill the strategic ambition to jointly develop and implement a systematic approach covering a wide sensor and effector mix. Ranging from diverse hard kill effectors to non-lethal effectors to gun missiles and state of the art active and passive detection sensors. The system will increase the survivability dramatically and allow new strategic and operational advantages.