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Unmanned Combat Aerial Vehicle (UCAV) Market size is set to grow by USD 1.39 billion from 2024-2028, Growing export demand from smaller economies to boost the market growth, Technavio

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NEW YORK, Aug. 7, 2024 /PRNewswire/ — The global unmanned combat aerial vehicle (UCAV) market  size is estimated to grow by USD 1.39 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 8.09%  during the forecast period. Growing export demand from smaller economies is driving market growth, with a trend towards development of long-range spy combat drone. However, rapid development of anti-drone technology  poses a challenge. Key market players include Aeronautical Systems Inc., AeroVironment Inc., BAE Systems Plc, Baykar Tech, Bluebird Aero Systems, C Astral d.o.o., China Aerospace Science and Technology Corp., Dassault Aviation SA, Denel Dynamics, Edge Autonomy, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Kratos Defense and Security Solutions Inc., Lockheed Martin Corp., Northrop Grumman Corp., Parrot Drones SAS, Skyeton, Textron Inc., The Boeing Co., and Ukrspecsystems.

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Medium-altitutde UCAV and High-altitude UCAV), Platform (Defense and government and Civil and commercial), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

Aeronautical Systems Inc., AeroVironment Inc., BAE Systems Plc, Baykar Tech, Bluebird Aero Systems, C Astral d.o.o., China Aerospace Science and Technology Corp., Dassault Aviation SA, Denel Dynamics, Edge Autonomy, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Kratos Defense and Security Solutions Inc., Lockheed Martin Corp., Northrop Grumman Corp., Parrot Drones SAS, Skyeton, Textron Inc., The Boeing Co., and Ukrspecsystems

Key Market Trends Fueling Growth

Unmanned Combat Aerial Vehicles (UCAVs) have become essential tools for national security, with their use expanding beyond surveillance and reconnaissance to include weapon systems. Military electronics industry advancements have enabled the integration of weapons and advanced command, control, communication, computers, intelligence, surveillance, and reconnaissance (C4ISR) systems into UCAVs. China is a leading nation in UCAV development, investing heavily in research and development (R&D) due to territorial disputes. The CH-5 UCAV, capable of joint strikes, is a prime example. Its compatibility with previous CH-3 and CH-4 models allows for seamless integration into military drone inventories. China has obtained export licenses for CH-5 reconnaissance and combat drones and is seeking manufacturing authorization in other countries. These developments are expected to drive the global UCAV market growth during the forecast period. 

The Unmanned Combat Aerial Vehicle (UCAV) market is experiencing significant growth due to increasing military expenditure and the adoption of UCAVs for various applications. Fixed-wing and rotary-wing UCAVs operate at different altitudes, with fixed-wing UCAVs reaching higher altitudes for better surveillance and reconnaissance. Companies like General Atomics lead the market with their Predator UCAVs. Military applications include ground force support, surveillance, and reconnaissance. UCAVs are used by defense organizations for construction and mining site monitoring, law enforcement agencies for border patrol, and regulations enforcement. UCAVs come in various designs such as delta-wing and complex delta-wing, capable of supersonic speeds. They are equipped with missiles, ATGMs, and bombs, making them effective combat drones. Machine learning and artificial intelligence are being integrated into UCAVs for autonomy and real-time controlling. The market is segmented into hardware and components, with investments in areas like real-time maps, RF, and SATCOM communications. Regulations regarding UCAV usage are evolving, and human pilots continue to control UCAVs remotely, but autonomy is becoming more prevalent. UCAVs are essential tools for patrolling and reconnaissance, and their use is expanding in various industries. 

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Market Challenges

In the rapidly evolving world of Unmanned Combat Aerial Vehicles (UCAVs), nations are investing heavily in anti-drone defense systems to counteract potential threats. Boeing’s 10 kW anti-drone laser cannon is a recent development, with plans to increase power to 60 kW for military deployment. Lithium-ion batteries and high-energy lasers (HEL) are also being utilized for defense against drones, providing precision aim and unlimited ammunition. Domestic Drone Countermeasures is developing an electronic drone detection system capable of disrupting drone sensors and cameras. Russia, in response to advanced U.S. Drone technologies like Swarm System, is experimenting with electromagnetic technology to disable drone electronics and communication systems. These advancements in anti-drone technology may hinder the growth of the global UCAV market during the forecast period.The Unmanned Combat Aerial Vehicle (UCAV) market is experiencing significant growth due to increasing military supremacy needs of territorial disputed nations and the rise in extremist terrorist activities. Challenges such as oxygen and pressure systems at high and medium altitudes for UCAVs require advanced airborne systems from companies like General Atomics, Denel Dynamics, Dassault Aviation, and Elbit Systems. Precision-guided munitions, bombs, and missiles are essential for UCAV combat sustainability, reducing troop casualties and financial wastage. Defense agencies rely on UCAVs for detection and surveillance, using GPS/INS sensors and propulsion systems in fixed-wing and rotary-wing UAVs. Militaries worldwide are investing heavily in UCAVs, including medium-altitude, high-altitude, combat, small, tactical, and strategic UAVs. UCAVs offer military spending efficiency, with drones providing real-time intelligence and combat capabilities. The integration of artificial intelligence enhances UCAV capabilities, making them indispensable for modern warfare.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This unmanned combat aerial vehicle (ucav) market report extensively covers market segmentation by

Type 1.1 Medium-altitutde UCAV1.2 High-altitude UCAVPlatform 2.1 Defense and government2.2 Civil and commercialGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Medium-altitutde UCAV-  The medium-altitude Unmanned Combat Aerial Vehicle (UCAV) segment dominated the global UCAV market in 2023 and is expected to remain the largest segment during the forecast period. Defense authorities prioritize medium-altitude UCAVs over land-based UAVs due to their superior capabilities in surveillance and strike missions. These UCAVs offer stealth, discretion, and better combat sustainability than manned aircraft. Notable vendors like General Atomics Aeronautical Systems Inc. (GA-ASI) provide medium-altitude UCAVs such as MQ-9B SkyGuardian/SeaGuardian, which features advanced technology like a Detect and Avoid (DAA) system and can carry multiple mission payloads. The ongoing COVID-19 pandemic has not deterred market growth, with new product launches like Saab’s GlobalEye Airborne Early Warning and Control System, an advanced medium-altitude UCAV with an electronic attack jammer pod and decoy missile system, contributing to the segment’s expansion.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Unmanned Combat Aerial Vehicle (UCAV) market encompasses a range of advanced aerial systems designed for various applications in diverse sectors. Operating at high altitudes, these UCAVs come in both fixed-wing and rotary-wing configurations, including delta-wing designs. They are primarily used in the defense sector for military applications, with military expenditure being a significant driver for market growth. Equipped with missiles, ATGMs, bombs, and other ordnance, these combat drones serve as effective tools for reconnaissance, patrolling, and surveillance. UCAVs can be operated remotely or with a degree of autonomy, providing real-time intelligence to humans in control. Applications of UCAVs extend beyond military use, with potential in construction, mining, law enforcement, and more. Regulations and ethical considerations continue to shape the market landscape, with ongoing advancements in control and operation systems. UCAVs are propelled by advanced propulsion systems and come in both fixed-wing and rotary-wing configurations, including combat UAVs. GPS/INS sensors ensure accurate navigation and positioning, making UCAVs valuable assets for various industries and applications.

Market Research Overview

Unmanned Combat Aerial Vehicles (UCAVs) are advanced aerial systems designed for military applications, operating at various altitudes and employing both fixed-wing and rotary-wing configurations. UCAVs offer capabilities in surveillance, reconnaissance, and strike missions, reaching supersonic speeds and equipped with missiles, ATGMs, and bombs. These drones can operate autonomously, with real-time maps and communications, including radio frequency (RF) and satellite communications (SATCOM). Militaries worldwide invest in UCAVs for defense, construction, mining, law enforcement, and more. Regulations, machine learning, and artificial intelligence are shaping the future of UCAVs, with applications ranging from patrolling and reconnaissance to artillery fire direction and post-strike damage assessment. UCAVs provide military supremacy against territorial disputed nations and extremist terrorist activities, reducing human life threats and troop casualties while minimizing financial wastage. Medium-altitude and high-altitude UCAVs offer advanced capabilities, including precision-guided munitions, advanced airborne systems, and advanced components. UCAVs are transforming military operations, enhancing combat sustainability and military supremacy.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeMedium-altitutde UCAVHigh-altitude UCAVPlatformDefense And GovernmentCivil And CommercialGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Immorta Bio to Present New Data on SenoVax™ and StemCell Revivify™ at Biotech Showcase 2025

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Senolytic Immunotherapy and Cellular Rejuvenation platforms are progressing toward clinical development

MIAMI, Jan. 10, 2025 /PRNewswire/ — Immorta Bio Inc., a leader in longevity-focused biotechnologies, announced today that it will present its latest developments at the upcoming Biotech Showcase in San Francisco, CA. The company’s presentation will provide insights into its groundbreaking research and technological advancements aimed at Treating Diseases of Aging and Treating Aging as Disease™.

Details of the presentation are as follows:

Event: Biotech Showcase 2025
Date: January 14, 2025
Time: 4 PM Pacific
Location: Franciscan C, Ballroom Level

Immorta Bio’s innovative platform SenoVax™, a dendritic cell-based vaccine designed to target and eliminate senescent cells. Preclinical studies have demonstrated its potential to transform the tumor microenvironment by clearing these cells, which are associated with aging and disease progression. Furthermore, in animal models of multiple solid tumor cancers (lung, breast, glioma, pancreatic), SenoVax™ induced significant tumor regression by enhancing immune responses, underscoring its promise as a therapeutic solution for both cancer treatment and longevity research.

The company’s StemCell Revivify™, a set of personalized young and immortal progenitor and mesenchymal stem cells have shown an ability to achieve dramatic recovery of failing organs in multiple animal models. Proprietary iPSC-based stem cell therapies have been developed to provide scalable, practical, and economical solutions.

“We are thrilled to showcase our recent progress and share our vision for tackling the diseases of aging as well as the aging itself,” said Dr. Thomas Ichim, President and Chief Scientific Officer of Immorta Bio. “At Immorta Bio, we believe that combining cutting-edge science with a deep understanding of the biology of aging can transform how we address major medical challenges. The Biotech Showcase offers an invaluable platform to engage with innovators, collaborators, and investors while we highlight how our breakthroughs in longevity science are paving the way for healthier, longer lives.”

To learn more about the event, please visit https://informaconnect.com/biotech-showcase/. To schedule a one-on-one with Dr. Thomas Ichim, President and Chief Scientific Officer of Immorta Bio, during the event, please email kbash@immortabio.com

About Immorta Bio
Immorta Bio Inc. is a scientific longevity company developing personalized cellular therapeutics focused on Treating Diseases of Aging and Treating Aging as a Disease™. We are advancing longevity medicine by harnessing patient-derived rejuvenated stem cells and enhanced immune cells, restoring the body’s natural ability to combat cancers and age-related diseases. Our mission is to address the root causes of aging and bring resilience and vitality back to you.

To learn more about Immorta Bio’s research initiatives, visit immortabio.comLinkedIn and X.

Media Contact

David Schull  
Russo Partners
858-717-2310
388575@email4pr.com

Kate Bash
Chief Commercial Officer
Immorta Bio
388575@email4pr.com

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SOURCE Immorta Bio Inc.

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Breaking Stereotypes: New 3Fun Survey Reveals Media’s Missteps in Polyamory Representation

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NEW YORK, Jan. 10, 2025 /PRNewswire/ — Despite growing visibility, only 11% of polyamorous individuals feel media portrayals align with their real-life experiences, according to a new survey by 3Fun, the leading dating app for open-minded singles and partners seeking like-minded connections. The survey, conducted among 1,312 3Fun users, highlights how media misrepresentation shapes public perceptions, reinforces stereotypes, and impacts user expectations on dating platforms like 3Fun.

Key Findings from the 3Fun Survey:

Limited Representation: Nearly 40% of respondents said they rarely see polyamorous relationships in mainstream media, while 17% reported never seeing them at all.Social Media Influence: Platforms like Instagram and TikTok are driving perceptions of polyamory for 40% of users, far surpassing traditional media like TV and film (10%).Accuracy Issues: Only 11% of respondents described media portrayals as “very accurate,” while 52% rated them as “rarely accurate” or “completely inaccurate.”Mixed Progress: While 39% believe portrayals have improved, 38% said they’ve noticed no change at all.Normalization vs. Stereotypes: Social media is a double-edged sword—40% think it normalizes polyamory, but 34% believe it reinforces harmful stereotypes.Global vs. Local Media: Over 21% noted global media tends to be more open-minded about polyamory than local outlets, which are often conservative or avoid the topic altogether.

“The data from this survey shows how far we still have to go in achieving authentic representation of polyamory in media and pop culture,” said Max Ma, Founder and CEO of 3Fun. “These portrayals don’t just shape public opinion—they directly influence how our users feel about their relationships and their ability to live openly. At 3Fun, we’re dedicated to creating a supportive community where everyone can explore their desires without fear of judgment.”

The Real Impact of Misrepresentation

Nearly half of respondents (47%) identified cultural and societal norms as the biggest barriers to societal acceptance of polyamory—more significant than concerns about media portrayal or visibility. However, respondents emphasized that better representation would lead to:

Easier conversations about polyamory (32%)Improved understanding within their social circles (21%)

Gigi Engle, certified sex and relationship psychotherapist and 3Fun’s resident intimacy expert, echoed this sentiment: “Representation matters. Media has the power to normalize relationships and dismantle stereotypes, but only when done thoughtfully. This survey shows a clear need for creators to approach polyamory with authenticity and care.”

Creating a World Where Love Knows No Limits

The findings highlight the role platforms like 3Fun play in bridging the gap between perception and reality. With over 10 million downloads and 3 million verified active users worldwide, 3Fun provides a safe, inclusive space for polyamorous individuals and couples to connect, explore, and thrive.

Join us in building a community where love is celebrated in all its forms. Download 3Fun today and discover a world where love knows no limits.

For more information, visit www.go3fun.co.

About 3Fun:

3Fun, with over 10 million downloads and 3 million verified active users worldwide, is the leading dating app for open-minded singles and partners to meet like-minded people. The platform provides a safe and inclusive space for users to explore ethical open relationships and polyamory lifestyles, fostering community and connection without judgment. Learn more at www.go3fun.co.

Media Contact:
Britni Ackrivo
backrivo@gregoryfca.com
484-504-9920

View original content:https://www.prnewswire.com/news-releases/breaking-stereotypes-new-3fun-survey-reveals-medias-missteps-in-polyamory-representation-302347759.html

SOURCE 3Fun

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Powerfleet to Present at the 27th Annual Needham Growth Conference

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WOODCLIFF LAKE, N.J., Jan. 10, 2025 /PRNewswire/ — Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the 27th Annual Needham Growth Conference on Tuesday, January 14th at 4:30pmET and meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insights for its customers and underpinning their digital transformations.  

The link to the live webcast of the Company’s presentation will be available by visiting Powerfleets website at https://ir.powerfleet.com/events-presentations/events.

ABOUT POWERFLEET
Powerfleet (Nasdaq: AIOT; JSE: PWR) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry. With more than 30 years of experience, Powerfleet unifies business operations through the ingestion, harmonization, and integration of data, irrespective of source, and delivers actionable insights to help companies save lives, time, and money. Powerfleet’s ethos transcends our data ecosystem and commitment to innovation; our people-centric approach empowers our customers to realize impactful and sustained business improvement. The company is headquartered in New Jersey, United States, with offices around the globe. Explore more at www.powerfleet.com. Powerfleet has a primary listing on The Nasdaq Global Market and a secondary listing on the Main Board of the Johannesburg Stock Exchange (JSE).

Powerfleet Investor Contacts
Carolyn Capaccio and Jody Burfening
Alliance Advisors IR
AIOTIRTeam@allianceadvisors.com

Powerfleet Media Contact
Jonathan Bates
jonathan.bates@powerfleet.com
+44 7921 242 892

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SOURCE Powerfleet

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