BLUEVISION, a next-generation situational awareness system created by Turkish defense company Havelsan, is revolutionizing the maritime sector using artificial intelligence and computer vision technologies.

Rare earths company REalloys (ALOY.O), opens new tab has been awarded a U.S. Department of Defense contract worth up to $1.7 ​million to fund design of a processing facility ‌for metals used to make magnets for weapons and electronics, it said on Monday.

The UAE-based advanced defense technology firm, EDGE, has revealed plans to invest $10 million for a 30 percent stake in Israel’s Thirdeye Systems, a company specializing in AI-driven electro-optical solutions for detecting drones and unmanned aerial vehicles, News.az reports citing The Times of Israel.