The US Navy will no longer buy a highly prized — but ultimately troubled — drone speedboat manufactured by Aevex Corp.’s ...

The speedboats can carry up to 1000 pounds of payload and travel at up to 46 miles an hour.

An uncrewed surface vessel has joined a U.S. Navy Carrier Strike Group for the first time. Here's what we know about the drone and its deployment.

China's Southern Theater Command Navy on Tuesday accused a US littoral combat ship of jeopardising maritime security by ...

Aevex's GARC contract was boosted to ~$350M and extended to June 2027; 325 units delivered, upgrades ongoing amid stock ...

THOOTHUKUDI: The Sri Lankan Navy arrested seven Indians from Thoothukudi and Tirunelveli districts of Tamil Nadu who ...

Key TakeawaysAEVEX shares rose 13. 2% on Thursday after the company said no Navy drone-boat orders had been halted, a day ...

The U.S. Navy has stopped purchasing autonomous speedboats manufactured by Aevex Corp.'s BlackSea unit after spending nearly ...

The US is increasingly integrating sea drones and other autonomous vessels into its naval operations.

Gecko Robotics uses drones, wall-climbing robots and fixed sensors to gather data on components, decks, welds and hulls.

AEVEX shares fell 16% today after Bloomberg reported that the U.S. Navy has stopped ordering the company's GARC drone boats, after spending more than $130 million on them. The boats come from BlackSea ...

The U.S. Navy has suspended further purchases of Global Autonomous Reconnaissance Crafts, or GARCs, built by Aevex’s BlackSea subsidiary, Bloomberg reported, citing people familiar with the matter.