The global VTOL drone market reached approximately $8.3 billion in 2023, with projections indicating growth to $16.7 billion by 2030, according to market research from Grand View Research. This ...

XTI Aerospace told investors the TriFan 600 program has been shelved as the company shifts its focus to the drone market.

Getting Shield AI's hugely ambitious X-BAT off the ground vertically and recovering it the same way is essential to its ...

Transportation departments utilize VTOL drones to inspect bridges, highways, and rail systems, capturing detailed imagery that enables predictive maintenance. One major European railway network ...