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Quantum Cyber secures exclusive drone tech license amid $55B US drone warfare budget boost

Market News
13 May 2026
Na
View Source
Bullish
pluang ai news

Quantum Cyber has secured an exclusive license for BP United's autonomous drone technology, including a sky defense platform capable of over 25 km range and fully autonomous operations. This move positions Quantum Cyber to capitalize on the Trump administration's proposed $55 billion budget for drone and autonomous warfare in 2027, a significant increase from the previous year. The company aims to build a comprehensive autonomous defense platform integrating various technologies, including quantum antenna systems. Further technology agreements and patent filings are expected as Quantum Cyber expands its defense capabilities.

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Tribute Financial advisors join LPL Financial, bringing $500M in assets and valuing advanced tech and client trust.

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Tribute Financial's team, led by Kevin Daniels, has joined LPL Financial's broker-dealer and RIA platform, bringing over $500 million in advisory and brokerage assets. The move highlights Tribute Financial's focus on trust, transparency, and long-ter...

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Denodo named 'One to Watch' in Snowflake's 2026 Modern Marketing Data Stack report for AI data integration.

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Denodo earns 'One to Watch' recognition from Snowflake for AI-driven marketing data integration.

Denodo earns 'One to Watch' recognition from Snowflake for AI-driven marketing data integration.

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Denodo named 'One to Watch' in Snowflake's 2026 Modern Marketing Data Stack report for AI data integration.

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AI-driven automation revenue to exceed $5B by 2035, transforming manufacturing control systems.

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ABI Research forecasts that industrial AI in software-defined automation will generate over $5 billion in revenue by 2035. Growth is driven by AI integration in SCADA/HMI, DCS software, Industrial PCs, and virtual controllers, enhancing flexibility a...

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