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Global Military Drone Market to Hit Sales of US$ 19,002.47 Million by 2031: Astute Analytica

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New Delhi, April 14, 2023 (GLOBE NEWSWIRE) — Global military drone market valuation skyrockets to reach US$ 19,002.47 million by 2031 from US$ 10,193.83 Million in 2022 at a robust CAGR of 7.49% during the forecast period 2023-2031.

The global military drone market is driven by increasing demand for unmanned aerial vehicles (UAVs) for military applications such as surveillance, reconnaissance, combat operations, and intelligence gathering. The use of drones in military operations reduces the risk to human life and provides real-time information, which is crucial in modern warfare.

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The future landscape of the global military drone market is expected to be characterized by increased investments in research and development, leading to the development of advanced UAVs with enhanced capabilities. The market is also expected to witness the introduction of new types of drones, such as autonomous drones and swarming drones, which can work together to achieve a common objective.

The top 5 countries that are expected to invest heavily in military drones in the coming years are the United States, China, Russia, Israel, and the United Kingdom. The United States is expected to lead the market, followed by China, which is expected to invest heavily in the development of advanced drones.

Different governments around the world have plans to buy new drones in the years to come. For example, the US Department of Defense has planned to acquire more than 1,000 drones by 2025, while China is expected to acquire over 20,000 drones by 2025 in the global military drone market. Out of which, the country is already in the que to buy 15000 drones from Iran. Other countries, such as India, Russia, and Israel, are also expected to invest heavily in military drones.

The spending budget for military drones varies by country. The United States, for example, has allocated a budget of $7.7 billion for drones in 2021, while China has allocated $3.7 billion for the development of drones. Other countries, such as the United Kingdom and Russia, have also allocated significant budgets for the development and acquisition of military drones.

Globally Over 3,427 Units of Military Drones Sold in 2022

The global military drone market experienced significant growth in 2022, with a large number of drones sold globally, and North America being the biggest consumer in terms of market revenue. Furthermore, the majority of the drones sold were of the fixed-wing type. The number of military drones sold in 2022, 3,427, is an impressive figure that highlights the growing popularity of these unmanned aircraft systems. Military drones have become increasingly important because they can provide a range of benefits to armed forces, including enhanced surveillance capabilities, intelligence gathering, and precision strikes.

North America’s dominance in the military drone market, generating over 55% market revenue, suggests that this region has a strong demand for these unmanned aircraft systems. This may be due to several factors such as the US military’s ongoing operations in various parts of the world or increased investment by governments in technology.

Global Military drone market: Dominance of Class I Drones and Remotely Operated Technology in Battlefield ISR Applications Driving Growth

The global military drone market is segmented by type, design, technology, and application. By type, Class I military drones are expected to dominate the market with over 65% of the total revenue share. This is due to their cost-effectiveness, small size, and maneuverability, making them well-suited for use in urban environments. By design, fixed-wing military drones held the largest revenue share in 2021 at 43%. This is due to their versatility and ability to carry a wide range of sensors and payloads, making them suitable for a variety of missions, including long-range surveillance and reconnaissance.

By technology, remotely operated military drones are expected to generate over 77.7% of the total revenue in the global military drone market. This is due to their flexibility, advanced technology, and ability to be adapted to different mission requirements.

By application, Battlefield intelligence, reconnaissance, and surveillance (ISR) is the largest application segment, generating over 28% of the total revenue in the global market. This is due to the critical role that drones play in providing soldiers with real-time data and insights to carry out operations with greater precision and effectiveness.

Geographically, North America is the largest market for military drones, capturing over 55% of the total revenue share. This is due to the region’s advanced technological capabilities and extensive military infrastructure, as well as its robust defense industry.

Browse summary of the report and Complete Table of Contents (ToC): https://www.astuteanalytica.com/industry-report/military-drone-market

Recent Developments in Global Military Drones Market

  • India: In June 2021, India approved the procurement of 30 MQ-9B Predator drones from the United States. The deal, worth approximately $3 billion, aimed to strengthen India’s aerial surveillance and reconnaissance capabilities amidst the ongoing border tensions with China and Pakistan.
  • Ukraine: In August 2021, Ukraine signed a deal with Turkey to purchase several Bayraktar TB2 armed drones, which have been successfully used by Turkey and Azerbaijan in recent conflicts. The procurement of these drones is part of Ukraine’s efforts to modernize its military in the face of ongoing tensions with Russia.
  • Taiwan: Taiwan has expressed interest in acquiring MQ-9B SeaGuardian drones from the United States to bolster its reconnaissance and surveillance capabilities in the face of increasing tensions with China. In October 2021, the U.S. government approved a potential sale of these drones to Taiwan, further enhancing the country’s defense systems.
  • United Arab Emirates: In 2020, the UAE signed a deal to purchase 18 MQ-9B Reaper drones from the United States, making it the first country in the Middle East military drone market to acquire these advanced UAVs. The deal aimed to strengthen the UAE’s military capabilities and enable better surveillance and reconnaissance in the region.
  • United Kingdom: In 2021, the UK announced its plans to invest £16.5 billion in its defense budget, with a significant portion dedicated to drone technology. As part of this investment, the UK plans to develop its own combat drone, the Lightweight Affordable Novel Combat Aircraft (LANCA), which is expected to be operational by the mid-2020s.
  • Australia: In June 2021, Australia announced a AUD $7 billion (USD $5.1 billion) investment in drone technology as part of its defense strategy. The plan includes the acquisition of the MQ-4C Triton maritime surveillance drone from the United States and the development of the Loyal Wingman, a combat drone designed by Boeing Australia in collaboration with the Royal Australian Air Force.
  • Germany: In January 2021, Germany approved a €25 million (USD $30 million) budget to lease five Israeli-made Heron TP drones, which can be armed with precision-guided munitions. The deal is intended to enhance Germany’s military surveillance and reconnaissance capabilities and provide an interim solution until the development of the Eurodrone, a collaborative project between Germany, France, Italy, and Spain.
  • Poland: In October 2020, Poland signed a deal with the United States to acquire four MQ-9A Reaper drones, valued at approximately $200 million. This purchase aims to strengthen Poland’s defense capabilities and increase the interoperability of its armed forces with NATO allies.
  • South Korea: In August 2021, South Korea unveiled a prototype of its indigenous combat drone, the KUS-FX, also known as the Korean Unmanned System-Fighter Experimental. The development of this advanced UAV is part of South Korea’s efforts to enhance its military capabilities and deter potential threats from North Korea.
  • Japan: Japan, one of the merging player in the global military drone market, has been investing in the development of its own military drones, including the RQ-4 Global Hawk surveillance drone and the X-2 stealth fighter jet, which has the potential to be converted into an unmanned combat aerial vehicle (UCAV). Additionally, Japan has shown interest in acquiring the U.S.-made MQ-9 Reaper drone to bolster its surveillance and reconnaissance capabilities.

Some of the Top Market Players Are:

  • 3D Robotics
  • AeroVironment
  • Autel Robotics
  • BAE Systems Plc
  • BAE Systems plc
  • Boeing
  • Delair
  • DJI Technology
  • Elbit Systems
  • FLIR Systems, Inc.
  • General Atomics Aeronautical Systems
  • Israel Aerospace Industries Ltd.
  • Kesper Drone (U.S.)
  • Lockheed Martin Corporation
  • Northrop Grumman
  • Saab AB
  • Textron Inc.
  • Yuneec
  • Other Prominent Players

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About Astute Analytica

Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.

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TREEFROG THERAPEUTICS PICKS-UP BEST POSTER AWARD AT THE INTERNATIONAL SOCIETY FOR CELL & GENE THERAPY (ISCT) ANNUAL MEETING FOR THEIR CELL THERAPY PROGRAM IN PARKINSON’S DISEASE

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–  Treefrog will present two posters on their cell therapy program in Parkinson’s Disease and their proprietary encapsulation technology, C-Stem™ –  
BORDEAUX, France, May 29, 2024 /PRNewswire/ — TreeFrog Therapeutics has a busy schedule at the ISCT’s 30th annual meeting, taking place in Vancouver, Canada this week, with two posters being presented, one of which has been awarded the Best Poster in the iPSC category. A poster on their transformational encapsulation technology, C-Stem™, will also be presented. 

TreeFrog is a cell therapy company with a lead program in Parkinson’s disease, a complex neurodegenerative disease with no cure and treatments that offer symptomatic relief only. Decades of research demonstrate that cell therapy holds immense promise for Parkinson’s disease, with multiple clinical trials ongoing. However, the manufacturing of these cells must overcome major pharmaceutical challenges, including scalability, to be compatible with potential commercial phases. The cell therapy program at TreeFrog is based on C-Stem™, a proprietary technology platform that overcomes these challenges. In 2021, the company achieved a world-first of producing 15billion iPSCs in one run, in one week.
Michael Lanero Fidalgo, Chief Operating Officer, will represent the company for the Best Poster in the iPSC category, an award designed to recognize outstanding abstracts related to iPSC research. Poster #1219, First Off-The-Shelf Bioreactor Produced, iPSC-Derived Neural Microtissues Containing Dopaminergic Neurons Innervate the Striatum and Normalize Behavior in a Parkinson Rat Model, is also one of only twenty posters chosen for an elevator pitch presentation from the overall 600 considered.
Kevin Alessandri, co-founder and Chief Technology Officer, will present poster #1200 Cell encapsulation as a tool for stem cell-based cell therapy industrialization, a deep dive into how the C-Stem™ technology, can overcome the bottlenecks of the complex Chemistry, Manufacturing and Controls (CMC) in cell therapy. He will also participate as a KOL in the JSRM-ISCT iPSC workshop event iPSCs: From Bench to Bedside’ Scientific Signature Series.
Events:
Elevator Pitch presentation by Michael Lanero-Fidalgo, representing lead authors Nicolas Prudon & Lucia Cordero Espinoza May 29th, 2024 @ 12:00 – 13:00, Room 201iPSC Poster Presentation Networking reception (Posters #1219 & #1200) May 30th @ 18:00 – 19:30 Exhibit & Poster HalliPSC: Bench to Bedside: Scientific Signature Series, participation of Kevin Alessandri as KOL. June 1st, 2024 @ 7:30 – 16:00, Room 212-214www.treefrog.fr
CONTACT:  Rachel MooneyChief Communications OfficerTreeFrog Therapeutics [email protected]  
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US Air Force Awards ThroughPut.ai Direct-to-Phase-II Contract for Boeing, Lockheed Martin, and Sikorsky Mission Design Series to Accelerate Aircraft Readiness

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Leveraging Data to Drive Maintenance-first actions that improve overall supply chain throughput across the DAF.
NEW YORK, May 28, 2024 /PRNewswire/ — ThroughPut.ai, the Supply Chain Decision Intelligence Pioneer, announces it has been selected by AFWERX for a (SBIR Direct-to-Phase II contract) in the amount of $1,248,627.00 focused on “AI-Powered Proactive Supply Chain Capabilities” to address the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering the Open Topic SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and now on April 17th, 2024, ThroughPut.ai will start its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.

“ThroughPut.ai looks forward to supporting efforts to accelerate inventory flow across the United States Air Force,” said Ali Raza, CEO & Founder of ThroughPut.ai. “By driving inventory/materiel management changes at the maintenance endpoint first, supply chain improvements can then be amplified across the greater industrial base to create aircraft capacity.”
“The views expressed are those of the author and do not necessarily reflect the official policy or position of the Department of the Air Force, the Department of Defense, or the U.S. government.”
About (ThroughPut.ai)
ThroughPut.ai is a Silicon Valley-based supply chain optimization & predictive replenishment company. The company’s software AI platform has the ability to identify location-, product-, and customer-based demand changes sooner in order to adjust order frequencies, vendor sources, and parts buffer levels at a global and local scale. ThroughPut’s platform was designed by Fortune 500 & technology executives with real-world experience managing demand & supply chain disruptions and war-zone logistics across the Middle East.
About AFRLThe Air Force Research Laboratory is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development, and integration of affordable warfighting technologies for our air, space and cyberspace force. With a workforce of more than 12,500 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. For more information, visit afresearchlab.com.
About AFWERXAs the innovation arm of the DAF and a directorate within the Air Force Research Laboratory, AFWERX brings cutting-edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. AFWERX employs approximately 370 military, civilian and contractor personnel at five hubs and sites executing an annual $1.4 billion budget. Since 2019, AFWERX has executed over 6,100 new contracts worth more than $4 billion to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability. For more information, visit: www.afwerx.com. 
Company Press Contact:Ali RazaCEO/[email protected] 

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Data Center Investments Soar: 200% Rise Since 2016 and Projected 89% Increase by 2028

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USA News Group CommentaryIssued on behalf of Avant Technologies Inc.
VANCOUVER, BC, May 28, 2024 /PRNewswire/ — Since 2016, investment in data centre infrastructure has risen 200%, with a further 89% increase expected by 2028 as more opportunities emerge with the rise of artificial intelligence (AI). According to Jones Lang LaSalle Inc.’s CEO Christian Ulbrich, data centers are “the hottest asset class at the moment.” Analysts at Technavio are projecting the global data center market to record an additional US$329.82 billion in growth at a CAGR of 12.73% through 2027. Capitalizing on the opportunity are several players recently announcing developments regarding their involvement in the data centers sector, including

Avant Technologies Inc. (OTCQB: AVAI), Amazon.com, Inc. (NASDAQ: AMZN), Applied Digital Corporation (NASDAQ: APLD), Digital Realty Trust, Inc. (NYSE: DLR), and Equinix, Inc. (NASDAQ: EQIX).
As an early pioneer in generative AI, Avant Technologies Inc. (OTCQB: AVAI) continues to enhance its flagship asset, Avant AITM, a sophisticated machine and deep learning AI system designed for versatility and customization across various industries and applications. Recently, Avant announced plans to equip its AI-managed data center, currently in development, with High-Performance Computing (HPC) systems. According to IBM, HPC technology utilizes clusters of powerful processors working in parallel to process massive multi-dimensional data sets and solve complex problems at exceptionally high speeds.
“The rise of AI is revolutionizing industries, and Avant Technologies is committed to being at the forefront of this transformation,” said William Hisey, CEO of Avant. “By building an AI-managed data center with HPC systems, we will gain the computational power and infrastructure required to train and deploy sophisticated AI models, which will ultimately provide even greater value to our customers.”
The new data center will leverage AI-driven management technology to optimize resource allocation and enhance efficiency in all aspects of data center operations. Avant will meticulously design its HPC infrastructure to meet the demands of AI workloads, selecting high-performance CPUs and GPUs (or TPUs) specifically suited for deep learning tasks. This cutting-edge facility will enable Avant to accelerate AI advancements, delivering innovative solutions to clients by improving data center efficiency and empowering them with exceptional AI capabilities.
Additionally, Avant will implement a high-speed network to ensure efficient data transfer and select a scalable storage solution to manage the large datasets necessary for training and utilizing AI models. The HPC systems will prioritize security, incorporating robust measures to protect sensitive data and create a secure environment for AI deployment. Furthermore, the data center will integrate energy-efficient technologies and sustainable design practices, reflecting Avant’s commitment to environmental responsibility.
Avant Technologies also recently announced plans to implement AI-empowered Zero Trust Architecture (ZTA) across its data center operations. Additionally, the company has expanded its AvantAI™ platform to include intelligent, proactive monitoring and management for data centers.
Over the past few weeks Amazon.com, Inc. (NASDAQ: AMZN) has collectively committed to investing $20 billion into new data centers for its subsidiary Amazon Web Services (AWS). The first to be announced was an $11-billion data center to be built in Indiana, with another $9 billion set to accelerate cloud-infrastructure in Singapore. The moves fall in line with Amazon CEO Andy Jassy’s projection that 85% of IT spending will remain on premises, in the race for Gen AI supremacy.
Amazon also recently announced an extension on its partnership between AWS and CrowdStrike to unify cybersecurity protection on its CrowdStrike Falcon platform. As per the agreement, Amazon is replacing a variety of cloud point products with Falcon Cloud Security, is using Falcon Next-Gen SIEM to secure big data logging and is deploying Identity Threat Detection and Response to prevent identity-based attacks.
“CrowdStrike and AWS have a deep history of working together to secure the most innovative companies in the world,” said CJ Moses, Chief Information Security Officer and Vice President of Security Engineering at Amazon. “Amazon uses CrowdStrike to provide visibility, detection, and response across our businesses in order to protect the cloud, infrastructure, and services for our customers. This is part of our shared mission to help all organizations build, operate, and secure their business.”
In a move to shore-up its market position as a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, Applied Digital Corporation (NASDAQ: APLD) recently announced the appointment of industry veteran Todd Gale as its new Chief Development Officer. The announcement came just one month after the company announced it had issued a $50 million unsecured convertible debenture to advance its HPC Data Center Project in Ellendale, North Dakota.
“We intend to use the net proceeds from the private financing, supplemented by the proceeds from our announced sale of the Garden City facility, to finance substantial advancements in our construction phase of the HPC data center in Ellendale, North Dakota,” said David Rench, CFO of Applied Digital. “Concurrently, we continue negotiating our project-level financing to ensure timely project completion and fulfillment of our contractual obligations.”
Applied Digital intends to utilize chipmaking giant NVIDIA’s new Blackwell platform into its cloud offerings. The company’s next-generation data center campuses are specifically designed to host HPC/AI applications, offering more cost-effective and efficient alternatives to traditional data centers.
In Japan, Digital Realty Trust, Inc. (NYSE: DLR) recently announced the expansion of its NRT Campus, by commencing construction of its third data center to support AI. Upon completion of the site in late 2025, the campus’s capacity will rise to 104MW, with the intention of meeting rising demand for next-generation infrastructure, and seamless access to Japan’s connected data communities.
“Japan’s rapidly increasing demand for AI deployments creates the need for scalable, flexible, and highly connected AI-ready data centers in the Tokyo metropolitan area,” said Serene Nah, Managing Director and Head of Asia Pacific, Digital Realty. “We believe NRT14’s next-generation data center infrastructure and Digital Realty’s connected global open data center platform provide the foundational pillars our customers need to drive innovation in the coming years.”
Equinix, Inc. (NASDAQ: EQIX), another digital infrastructure company, has recently launched a $600 million joint venture with PGIM Real Estate to develop and operate the first xScale data center in the US, situated in California’s Silicon Valley. This follows their successful collaboration on the first xScale data center in Australia in 2022, which was part of a similar $575 million joint venture announced in 2021.
Under the terms of the new agreement, PGIM Real Estate will hold an 80% equity interest in the joint venture, while Equinix will retain a 20% equity stake. xScale data centers by Equinix enable hyperscale companies to expand their core deployments within Equinix’s IBX data centers, facilitating growth in over 70 global metros through a platform that supports direct interconnections with more than 10,000 customers.
This joint venture complements Equinix’s existing hyperscale collaborations in Europe, Asia-Pacific, and the Americas, significantly enhancing the global xScale data center portfolio. Once completed, this global expansion is set to exceed $8 billion, encompassing more than 35 facilities and providing over 725 megawatts of power capacity.
Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/ 
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