SpearUAV awarded contract worth up to $60 million for Viper 300 loitering munition
The initial order for Viper 300 drones is worth $20 million. (Photo: SpearUAV)
SpearUAV will provide Viper 300 loitering munitions to an undisclosed country under a US$20 million deal which could be worth up to $60 million, with the company reporting a record year for orders. Deliveries may begin next year.
Viper 300 is an artificial intelligence (AI)-based aerial weapon system which is folded and launched from a capsule or sabot.
Soldiers can launch the system either on foot or from within a combat platform, using AI tools that provide immediate target acquisition capabilities for precision attack.
In October the company unveiled a new product, the Viper I (Interceptor), which it described as “an encapsulated UAS interceptor designed to enhance top-attack protection for troops and armoured vehicles as well as fixed installations”.
The company sees this product as a significant growth engine, as it uses the same launch system as the Viper 300 system, providing operational flexibility and considerable budget savings.
Yiftach Kleinman, deputy CEO of SpearUAV, said: “This contract not only represents a substantial opportunity but also includes expansion options that we anticipate will substantially grow our market presence in the near future.
“This is a record year for new contracts for SpearUAV. We anticipate further significant contracts before the year ends.”
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