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Edge AI Market Research Report 2025 | Demand for Real-Time Data Transmission, IoT Devices and Industrial Robotics, & Advances in AI and ML Technologies Bolster Growth - Global Forecast to 2030 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Edge AI Market" report has been added to ResearchAndMarkets.com's offering. The global market for edge AI was valued at $8.7 billion in 2024 and is estimated to increase from $11.8 billion in 2025 to reach $56.8 billion by 2030, at a compound annual growth rate (CAGR) of 36.9% from 2025 through 2030. This report examines the trends in the global edge AI market, using 2024 as the base year and projecting data from 2025 through 2030. The report examines the market's...
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Fortem Technologies Appoints Shane Shamblin as Senior Vice President of U.S. Sales Operations
LINDON, Utah--(BUSINESS WIRE)--Fortem Technologies, a pioneer in radar-powered autonomous counter-drone systems and advanced air mobility, today announced the appointment of Shane Shamblin as Senior Vice President of U.S. Sales Operations. With more than 25 years of leadership in defense technology, sales, and business development, Shamblin will oversee Fortem’s domestic go-to-market strategy and unify its federal, defense, critical infrastructure, and commercial sales operations under a cohesi...
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Amprius Ships High-Performance SiCore Cells to Multiple Drone Customers from U.S. Pilot Line
FREMONT, Calif.--(BUSINESS WIRE)--Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced it has delivered SiCore® battery cells to multiple advanced drone and unmanned aerial vehicle (UAV) customers from its Fremont, California pilot line. These cells include 450 Wh/kg high-energy cells to Airbus subsidiary AALTO and balanced energy-and-power cells to drone manufacturers supporting...
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Asylon Robotics Raises $24 Million Series B Funding Led by Insight Partners to Accelerate the Future of Automated Security
PHILADELPHIA--(BUSINESS WIRE)--Asylon, Inc., a leading provider of robotic perimeter security technology, today announced the close of its $24M Series B funding round, led by global software investor Insight Partners, with strategic participation from Veteran Ventures Capital, Allegion Ventures, and the GO PA Fund. This new capital will power Asylon’s next phase of growth—accelerating product innovation, scaling deployments, and expanding its position as the go-to provider of robotic security s...
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AIRO Introduces Middle-Mile Cargo Drone and Expansion Into Quebec’s YMX Innovation Zone at EAA AirVenture Oshkosh
ALBUQUERQUE, N.M. & MONTREAL & STØVRING, Denmark & WASHINGTON--(BUSINESS WIRE)--AIRO (Nasdaq: AIRO), a global leader in advanced aerospace and defense technologies, today announced at EAA AirVenture 2025 in Oshkosh, WI, the development of its new middle-mile, medium-lift cargo drone and the expansion of its operations into the YMX Innovation Zone in Mirabel, Quebec. The initiative is led by its Electric Air Mobility segment, Jaunt Air Mobility, and its Canadian subsidiary, Jaunt Air Mobility Ca...
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Safe Pro Group Successfully Integrates Artificial Intelligence-Powered Landmine Detection for Drones Selected Under U.S. Army Program of Record
AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leader in artificial intelligence (AI)-powered defense and security solutions, today announced the successful integration of its patented AI object detection models with drone platforms selected for the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record. Safe Pro is seeking to provide the U.S. Army’s future fleet of drones with enhanced explosive threat detection, force protection an...
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Booz Allen Triples Venture Capital Commitment to $300 Million
MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) announced that it is tripling its venture capital commitment from $100 million to $300 million....
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SES AI Announces Date of Conference Call for Second Quarter 2025 Results
WOBURN, Mass.--(BUSINESS WIRE)--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced it will release its 2025 second quarter financial results after market close on Monday, August 4, 2025. The Company will hold a conference call on Monday, August 4, 2025, at 5:00 p.m. ET. A webcast of the live conference call will be available through SES’s Investor Relations website, https:...
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L3Harris Announces Quarterly Dividend
MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE: LHX) has declared a quarterly cash dividend of $1.20 per common share, payable Sept. 22, 2025, to shareholders of record as of the close of business on Sept. 5, 2025. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, s...
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Governor Whitmer Announces Michigan Advanced Air Mobility (AAM) Initiative, Supports $4.1 Million to Advance Michigan’s Leadership in AAM Innovation
LANSING, Mich.--(BUSINESS WIRE)--Today, Governor Gretchen Whitmer announced a new executive order to establish the Michigan Advanced Air Mobility (AAM) Initiative, designed to scale Michigan’s AAM capabilities, ensure safe and efficient integration of these technologies across public and private sectors, and position our workforce, manufacturers and infrastructure as national assets in the deployment of these technologies. In conjunction, four new projects will receive over $4.1 million in tota...