Latest news with #autonomoussystems
News.com.au
7 hours ago
- Business
- News.com.au
Hot Money Monday: Elsight's hot streak continues as Halo becomes a battlefield essential
Elsight soars as defence tech takes the spotlight Halo racks up $22.9m in deals from one customer alone Battle-tested comms box becomes must-have for drones With tensions between Iran and Israel at boiling point, defence tech is once again back in the spotlight. And if you've been watching the ASX small cap space over the past month, you'll know Elsight (ASX:ELS) has been on an absolute tear. The stock has been a standout tech performer, up by 140% in the last 30 days. And it's not without reason. While some stocks rally on hype, Elsight's run is being driven by something much more tangible: contracts. Real ones. Deals that add zeroes to revenues and turn defence buyers into repeat customers. Driving all this momentum is its flagship, Halo – a smart little box that's quickly becoming the must-have nervous system for unmanned defence platforms across the globe. Halo isn't a drone. It doesn't fly, shoot or spy. What it does is make sure everything that does fly, shoot or spy stays connected. For autonomous systems, especially Beyond Visual Line of Sight (BVLOS) missions, stable, real-time communication is everything. Drop the link and it's game over, literally. Halo solves that problem. It's a compact, lightweight, carrier-agnostic connectivity device that blends 4G, 5G, satellite, and radio frequency links into one seamless, always-on connection. If one network drops out, Halo reroutes traffic across another before anyone even notices. And it doesn't just react, it predicts. Thanks to what Elsight calls its '6th Sense' AI, the system constantly monitors signal quality and reroutes data in real-time to avoid interruptions. And the tech is battle-proven. Halo has clocked over 200,000 flight hours, with its AES-256 encryption ensuring secure, mission-critical comms. In contested environments, where reliability and cybersecurity are non-negotiable, Halo has earned its stripes. So it's no surprise defence customers are doubling, even tripling, down. Winning deals Since March, Elsight has been stacking contract wins, all with one European defence OEM. What started as a modest production order of around US$300,000 has now exploded into a full-blown rollout across 2025. That first March deal was the warm-up. Then came a US$4.28 million order in April, followed by US$5.35 million in May. And on June 4, Elsight locked in another US$5.08 million, bringing the total 2025 commitment from this single customer to US$14.7 million, or around $22.9 million. That's a sixfold jump on last year's revenue, all from one relationship that's still growing. 'This new order is an even stronger signal of market validation, not only from our direct customer but from the multiple defence end-users now relying on Halo across operational theatres,' said Yoav Amitai, the CEO of Elsight. But this isn't just a one-off spike or some flashy headline. The OEM is buying more Halo units because their own clients are stacking up; each new downstream customer is demanding Halo installed into their unmanned systems. And that kind of momentum feeds itself. The more platforms Halo lands on, the more entrenched it becomes. And in defence, once your tech is trusted and embedded, it tends to stay put for a long, long time. Battlefield proven The macro picture supports this shift too. Modern warfare is increasingly being shaped by unmanned platforms. They're cheaper, faster, and can go where humans can't. They're immune to fatigue, unaffected by G-forces, and don't come with the political baggage of sending soldiers into harm's way. But all of that hinges on one simple truth - you need a rock-solid, always-on link between the platform and the operator. Lose that, and your cutting-edge drone is just a fancy brick falling out of the sky. 'As our technology proves how it enables mission success, it spreads," said Amitai. 'This battlefield-proof growth reflects the deep confidence partners place in Elsight's ability to deliver resilient, always-on connectivity for the most demanding unmanned applications in contested environments.' Other ASX defence-related stocks Code Name Last Month change Year change Market Cap ELS Elsight Ltd 1.350 141% 193% $245,350,635 EOS Electro Optic Sys. 2.790 89% 111% $538,336,356 1CG One Click Group Ltd 0.009 50% -10% $10,600,919 DRO Droneshield Limited 1.810 47% 16% $1,582,915,326 HCL Highcom Ltd 0.240 30% 78% $24,643,841 ASB Austal Limited 6.240 28% 164% $2,628,163,475 3DA Amaero Ltd 0.340 26% -11% $234,735,550 OEC Orbital Corp Limited 0.110 18% 26% $18,125,769 CDA Codan Limited 19.700 16% 73% $3,576,945,587 BCT Bluechiip Limited 0.003 0% -25% $3,616,878 TTT Titomic Limited 0.290 -2% 258% $384,469,935 BIS Bisalloy Steel 3.260 -3% -17% $156,165,739 BRN Brainchip Ltd 0.205 -7% -5% $415,277,056 AL3 Aml3D 0.135 -10% 108% $72,594,980 AJX Alexium Int Group 0.007 -13% -30% $11,105,001 DroneShield (ASX:DRO) builds the tech that spots rogue drones and knocks them out of the sky. Used by militaries, airports, and critical infrastructure, it's a modern-day drone alarm system, supercharged with AI wizardry. Electro Optic Systems (ASX:EOS) designs remote-controlled weapons and high-tech optical gear for defence and space. If you've seen those gun turrets that track targets automatically – yep, that's them. Orbital Corporation (ASX:OEC) makes the engines that keep tactical drones in the air. Based in WA but supplying the US defence market, its job is to make sure these little aircraft fly further, longer, and without fail.
Yahoo
4 days ago
- Automotive
- Yahoo
Exclusive Study: Hardware in the Loop Market Forecast to Surpass $1.38 Billion by 2030 with 11.1% CAGR
CHICAGO, June 19, 2025 /PRNewswire/ -- The Hardware In The Loop Market is projected to be valued at USD 735.7 million in 2024 and reach USD 1.38 billion by 2030, growing at a CAGR of 11.1% according to a new report by The Research Insights. The hardware in the loop (HIL) market is expanding quickly because of the rising demand for sophisticated testing methods in multiple sectors including electric vehicles and autonomous systems as well as aerospace and industrial automation. Complex embedded systems require faster and more cost-effective validation methods which leads to an increased demand for HIL systems. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Hardware in the Loop Market growth of 11.1% comprises a vast array of Type, Application, and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Hardware in the Loop Market Size, Download FREE Sample Pages: Market Overview and Growth Trajectory: Hardware in the Loop Market Growth: According to an exhaustive report by The Research Insights, the Hardware in the Loop Market is experiencing significant growth. The Global Hardware in the Loop (HIL) market shows strong growth because emerging technological trends combine with changing industry requirements. Development of autonomous and electric vehicles requires advanced real-time testing environments for ECUs because physical prototypes cannot be risked during rapid expansion. The growing use of digital twin technology helps expand HIL adoption due to its ability to simulate complex systems with precision in automotive, aerospace and energy industries. The combination of HIL with AI and machine learning algorithms enhances system validation processes by creating predictive and adaptive testing capabilities. Market growth continues to accelerate because of the heightened need for faster product development cycles and affordable prototyping solutions in vital sectors such as aerospace defence and robotics. The expansion of IoT and intelligent infrastructure networks requires more powerful embedded system testing practices which strengthens how HIL ensures system dependability and standard conformity. As global safety standards evolve and Industry 4.0 technology advances companies are investing more in sophisticated simulation and validation tools which positions HIL as a key element of modern innovation systems. The automotive and aerospace sectors see rising requirements for sophisticated embedded systems:The global HIL market has experienced strong growth driven by the rising complexity of embedded systems specifically within automotive and aerospace industries. Today's vehicles function beyond mechanical systems by incorporating multiple Electronic Control Units (ECUs) along with sensors and actuators which manage braking systems, steering control, infotainment features and autonomous navigation. In aerospace applications, rigorous continuous validation processes are required for avionics systems along with fly-by-wire control and fault-tolerant mechanisms. Engineers use Hardware-in-the-Loop testing to replicate real-time operating conditions for ECUs in closed-loop systems while avoiding the expenses and hazards of physical prototype testing. Safety-critical components such as anti-lock braking systems (ABS), autonomous driving modules, and flight control systems benefit greatly from this approach. The automotive industry's shift to EVs and ADAS along with the aerospace industry's adoption of software-defined systems results in a substantial increase in demand for powerful HIL testing platforms. For Detailed Market Insights, Visit: Effective product development cycles depend on minimizing expenditures and accelerating time-to-market:The need to minimize development expenses along with time-to-market remains a key driving factor. Full system integration and physical prototypes form the foundation of conventional product testing but result in high expenses and time delays because unexpected design defects emerge. Engineers can test components through real-time simulation early in development cycles using HIL testing which helps find design issues and fix software bugs before physical production begins. The development process speeds up while product reliability improves alongside enhanced regulatory standard compliance. Industries that demand high safety and reliability standards like defense and railways benefit from HIL which enables risk-free and accurate testing environments. Manufacturers adopt HIL systems more frequently as market competition grows because these systems help them develop products faster while cutting engineering workloads and capital costs. The engineering applications market is experiencing significant growth through the adoption of IoT systems alongside artificial intelligence and model-based design approaches:The quick uptake of Internet of Things technology along with artificial intelligence capabilities and model-based design techniques stands as an important growth factor for HIL markets. Industries must validate AI and machine learning algorithms for real-time control systems because their performance in dynamic real-world applications is essential. HIL platforms stand out as the best solution for delivering closed-loop simulations which accurately mimic complex environments and operational uncertainties. Model-based development (MBD) has become essential in fields such as robotics and industrial automation where simulation and rapid prototyping play fundamental roles. HIL testing serves as a valuable supplement to MBD by linking simulation stages with actual hardware to enable real-time validation of both controller logic and system performance. The integration of digital twins with cyber-physical systems and cloud-based testing environments is making HIL systems even more relevant and applicable. Stay Updated on The Latest Hardware in the Loop Market Trends: Geographical Insights: The North American hardware in the loop (HIL) market maintained its dominant position by generating 33.6% of total revenue. The automotive industry in this region drives the adoption of HIL systems because the sector depends on this technology for developing and validating vehicles. North America serves as the headquarters for major aerospace and defense firms including Boeing and Lockheed Martin which combine innovation with expert knowledge to fuel market expansion. The Asia Pacific region will experience the highest growth rate at 11.6% during the forecast period thanks to swift industrialization and infrastructure expansion in nations like China, India, and Japan. The growing automotive industry along with the widespread implementation of ADAS and EVs demands powerful testing and validation technologies including HIL solutions. Several companies are increasing their Hardware-in-the-Loop technology presence in India to boost innovation and efficiency within automotive and mobility solutions. Global Hardware in the Loop Market Segmentation and Geographical Insights: Based on Type, the hardware in the loop (HIL) market is divided into, Open Loop HIL, and Closed Loop HIL. The closed loop HIL segment held a dominant market share of 55.4% in 2023, accounting for the majority of revenue. By integrating real-time feedback loops between physical and virtual components, closed-loop systems provide a more accurate and realistic simulation experience. Based on Application, the hardware in the loop (HIL) market is divided into, Automotive, Aerospace & Defence, Electronics and Semiconductor, Industrial Equipment, Research and Education, Energy and Power, and Others. The automotive sector held a significant market share in 2023, driven by its reliance on High-Performance Computing (HPC) solutions for advanced technologies like autonomous vehicles, smart driver assistance systems, and vehicle control systems. The Hardware in the Loop Market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Purchase Premium Copy of Global Hardware in the Loop Market Size and Growth Report (2024-2030) at: Key Players and Competitive Landscape: The Global Hardware in the Loop Market is characterized by the presence of several major players, including: dSPACE GmbH NATIONAL INSTRUMENTS CORP Vector Informatik GmbH Cognata Siemens MicroNova AG Opal-RT Technologies LHP Engineering Solutions IPG Automotive GmbH Typhoon HIL Speedgoat GmbH Eontronix Wineman Technology Modeling Tech Robert Bosch GmbH These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. Global Hardware in the Loop Market Recent Developments and Innovations: In January 2025, dSPACE, a leading provider of solutions for developing connected, autonomous, and electric vehicles, partnered with Microsoft to explore the use of generative AI in advancing virtual electronic control unit (V-ECU) development. This collaboration aims to enhance software-in-the-loop (SIL) testing by leveraging AI to accelerate V-ECU creation and updates, enabling greater efficiency and faster CI/CD and validation pipelines. On February 12, 2025, Elektrobit partnered with Cognizant to integrate its Adaptive AUTOSAR solution into Cognizant's Software-Defined Vehicle (SDV) solution accelerator. This collaboration aims to assist OEMs and Tier 1 suppliers in developing scalable and flexible SDV architectures, thereby accelerating development cycles and enhancing customer satisfaction. In November 2024, OPAL-RT Technologies recently concluded its first-ever real-time simulation conference, RT24-IN, in Bengaluru, India. The event featured the unveiling of the OP1400-BM Bench, a specialized Power-Hardware in the Loop (PHIL) system designed for academic use. In November 2023, Vector Informatik launched an updated version of its DYNA4 simulation software, enhancing scenario-based testing capabilities. While not specifically focused on HIL, this development underscores Vector's ongoing efforts in simulation and testing technologies, which are closely related to HIL applications. In June 2023, NI (formerly National Instruments) announced that it had joined the Indy Autonomous Challenge (IAC) as the official Hardware in the Loop (HIL) Technology Sponsor. This partnership allows IAC teams to leverage NI's state-of-the-art HIL test systems to validate car architecture and thoroughly test components in a controlled environment before racing. The collaboration aims to advance autonomous vehicle technology and accelerate its commercialization by providing a unified testing ground for industry technologies. For Region-Specific Market Data, Check Out Brief Sample Pages: Frequently Asked Questions (FAQs): 1. What is the forecasted market size of the Hardware in the Loop Market in 2030? Ø The forecasted market size of the Hardware in the Loop Market is USD 1.38 billion in 2030. 2. Who are the leading players in the Hardware in the Loop Market? Ø The key players in the Hardware in the Loop Market include, Siemens; Typhoon HIL; Speedgoat GmbH; Cognata; dSPACE GmbH; Opal-RT Technologies; Eontronix; MicroNova AG; Modeling Tech; Vector Informatik GmbH; Wineman Technology; LHP Engineering Solutions; National Instruments Corp; IPG Automotive GmbH; Robert Bosch GmbH. 3. What are the major drivers for the Hardware in the Loop Market? Ø The growing integration of automation across various sectors, including manufacturing, transportation, and energy, is driving the demand for sophisticated Hardware in the Loop (HIL) technology. 4. Which is the largest region during the forecasted period in the Hardware in the Loop Market? Ø The North American hardware in the loop (HIL) market maintained its dominant position by generating 33.6% of total revenue. 5. Which is the largest segment, by type, during the forecasted period in the Hardware in the Loop Market? Ø The closed loop HIL segment held a dominant market share of 55.4% in 2023, accounting for the majority of revenue. Conclusion: The Hardware-in-the-Loop (HIL) market is seeing substantial growth because industries require more efficient testing solutions that deliver faster results and better safety for complex embedded systems. Increased electrification and smart infrastructure implementation in automotive, aerospace, energy and industrial automation sectors drives real-time validation and system-level testing through HIL simulation adoption. Hardware-in-the-loop systems boost development efficiency by facilitating detailed virtual prototyping and fault testing in safe simulated environments. Model-based design advancements and the increasing requirement for safety standard compliance make HIL essential for driving innovation. The combination of AI integration and digital twin technologies with cloud-based simulation environments creates better scalability and testing precision. The growing need for cyber-physical systems and connected devices will make HIL essential in speeding up product development processes while ensuring quality and shortening time-to-market within complex engineering frameworks. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: The report from The Research Insights, therefore, provides several stakeholders— include automotive manufacturers, aerospace companies, industrial automation firms, research institutions, and regulatory bodies —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 1.38 billion by 2030, the Global Hardware in the Loop Market represents a significant opportunity for startups, independent developers, niche simulation tool providers, and emerging tech companies, can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: Hardware Encryption Market: According to The Research Insights, the global hardware encryption market is poised for significant growth over the forecast period. The increasing adoption of portable storage devices that enable seamless file transfers between computers and secure backup of critical information is expected to drive market expansion. Storage Hardware Market: According to The Research Insights, the global storage hardware market is poised for significant growth, projected to expand at a substantial Compound Annual Growth Rate (CAGR) of 15% by the end of our forecast period. This robust growth trajectory is driven by increasing demands for faster data processing, reduced latency, and enhanced overall performance in various industries such as cloud computing, artificial intelligence, and IoT. Browse More related reports on Technology Industry Market Reports – About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Blog: Press Release: Latest News: | Logo: View original content: SOURCE The Research Insights
Yahoo
4 days ago
- Business
- Yahoo
DronePort Rotterdam Foundation Appoints Martin Slijkhuis as Inaugural Chairman
ROTTERDAM, Netherlands, June 19, 2025 /PRNewswire/ -- DronePort Rotterdam proudly announces the appointment of Martin Slijkhuis as the first Chairman of the DronePort Rotterdam Foundation. With a distinguished track record in applying emerging technologies across defense, infrastructure, and secure operational environments, Slijkhuis brings strategic leadership and a forward-looking mindset to this organization's growing ecosystem. As Chairman of the Foundation, Martin Slijkhuis will provide high-level strategic direction, ensure alignment with DronePort Rotterdam's mission, and act as a key representative to stakeholders across government, industry, and research. Working with CEO Arthur Dallau and the broader team, Martin will play a leading role in shaping governance, strengthening international partnerships, and reinforcing the foundation's commitment to delivering real-world impact through the integration of autonomous and unmanned systems. Slijkhuis has worked across sectors to implement innovative, mission-critical technologies in complex environments, supporting the resilience, efficiency, and safety of infrastructures that societies rely on. His appointment comes at a pivotal time, as Europe intensifies efforts to strengthen strategic and digital autonomy. With Rotterdam emerging as a leading hub for dual-use innovation, DronePort Rotterdam's mission directly supports European ambitions around resilient infrastructure, security, and technological leadership. This step marks a key milestone as DronePort Rotterdam continues to build on its three strategic pillars: the Innovation Ecosystem, the Centre of Excellence, and the Test and Experience Center. "DronePort Rotterdam is uniquely positioned to show how autonomous and unmanned systems can be applied in the real world to strengthen vital infrastructure and operational networks," stated Martin Slijkhuis. "I'm proud to contribute to a platform that combines innovation with practical deployment and look forward to connecting with many of you at DroneHorizon 2025 on the 4th and 5th of September in Rotterdam." His leadership builds on a wave of strategic momentum for DronePort Rotterdam, following recent international agreements, infrastructure developments, and the upcoming DroneHorizon 2025, the organization's flagship global platform for autonomous and unmanned systems, where industry, government, and research converge to set new directions for digital and strategic autonomy. "Martin brings exactly the kind of leadership DronePort Rotterdam needs at this stage," said Arthur Dallau, Co-founder and CEO of DronePort Rotterdam. "His bold vision, strategic insight, and impact-driven mindset are matched by his rare ability to connect the dots across ecosystems, technology, infrastructure, policy, and talent. With Martin as Chairman, we're not just building the DronePort Rotterdam Foundation, and we're positioning it as a trusted and internationally connected force shaping the future of autonomy." Martin Slijkhuis's formal appointment as Chairman will take place during DronePort Connects on 19 June 2025, the organization's recurring partner and stakeholder event. In the coming weeks, DronePort Rotterdam will announce additional board members and introduce its Advisory Board, bringing together leading voices across technology, infrastructure, and governance to help define the foundation's strategic agenda. For more information about DronePort Rotterdam and DroneHorizon, visit and About DronePort Rotterdam DronePort Rotterdam is an innovation ecosystem and strategic connector between government, industry, and research. It accelerates the real-world, multi-domain application of autonomous and uncrewed systems (AUS), dual-use innovations, and related technologies across critical domains and operational environments. Through its three pillars – the Innovation Ecosystem, the Centre of Excellence, and the Test and Experience Center – DronePort Rotterdam bridges strategy and execution to deliver safer, more resilient operations, contributing to national security, economic strength, and European digital and strategic autonomy. Guided by a whole-of-society approach and collaboration, DronePort Rotterdam ensures innovations contribute not only to defense readiness but also to broader civil resilience across sectors. Media Contact Name: Nathy ErcolEmail: nathy@ +31 6 19442397 View original content: SOURCE DronePort Rotterdam BV Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Sleeping Bear Capital Portfolio Company Completes Sale to Redwire
SAN FRANCISCO, June 18, 2025--(BUSINESS WIRE)--Sleeping Bear Capital ("SBC"), a middle market-focused independent sponsor, today announced the successful sale of portfolio company Edge Autonomy, a leading provider of UAV system technology, to Redwire Corporation (NYSE: RDW) ("Redwire"). Edge Autonomy is a leader in providing autonomous systems and resilient energy solutions to the U.S. Department of Defense, U.S. Federal Civilian Agencies, and allied governments around the world. Sleeping Bear Capital previously sold its wholly owned portfolio company, Adaptive Energy, to Edge Autonomy and has maintained a board seat and minority equity stake since 2022. As of the closing stock price of $19.32 on June 12, 2025, the deal value totaled over $1.14 billion—marking SBC's first billion-dollar exit and a major milestone in the firm's investment track record. SBC acquired Adaptive Energy by spinning out the fuel cell technology business from Ultra Electronics Holdings in 2018. "When we first invested in Adaptive Energy, we saw a best-in-class power solution for the most demanding defense and aerospace environments," said Ranvir Gujral, Managing Partner of Sleeping Bear Capital. "We believed that combining Adaptive with Edge Autonomy's unmanned systems platform could create something truly differentiated—and the outcome has exceeded even our highest expectations. This result is a credit to the leadership and engineering teams who executed relentlessly on a shared vision." About Sleeping Bear Capital Sleeping Bear Capital is a private equity sponsor with a demonstrated track record in business unit spinouts and mid-market acquisitions. Founded by Ranvir Gujral in 2018, SBC has completed over 30 investments, ranging from angel and pre-seed investments to control transactions. For more information, please visit View source version on Contacts Media Contact: Kate MellingerSleeping Bear Capitalkate@ 954.445.3878 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
6 days ago
- South China Morning Post
How do the US robot dogs in Trump's military parade stack up against China's?
The US Army showed robot dogs during the 250th anniversary parade in Washington on Saturday, in a future-focused segment showcasing its pursuit of technological superiority in autonomous and intelligent combat. Advertisement Two models of autonomous robotic dogs – formally known as quadruped unmanned ground vehicles (Q-UGVs) – and their operators marched alongside traditional army equipment, passing before President Donald Trump in front of the White House. The US Marine Corps also has robot dogs, using them in patrol and reconnaissance operations, especially for some of the dangerous missions, such as the detection of explosives. But the US military is not the only player in this arena. China has invested heavily in the technology, with the People's Liberation Army deploying similar Q-UGVs in a range of operations. Unmanned autonomous systems are a key feature of modern warfare, and Q-UGVs have several unique advantages in certain applications compared to unmanned aerial vehicles (UAVs) and wheeled unmanned ground vehicles (UGVs). Advertisement In an urban combat setting, UAVs lack a sustained ground presence and have difficulty navigating indoors or flying low between buildings. UGVs also struggle to navigate rubble, stairs or road barriers.
