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Industry
U.S. Navy\'s MQ-25A Stingray refuelling drone completes first flight
The U.S. Navy’s MQ-25A Stingray autonomous aerial refuelling drone has completed its first flight, following a pre-set mission plan for taxi, takeoff, flight and landing. Commands were issued via the MD-5 ground control station, while personnel monitored performance and could stop or adjust the mission. Boeing executive Dan Gillian said the test built on MQ-25A T1 prototype experience. The drone is designed to take over refuelling duties from F/A-18 Super Hornets.
Industry
Aerospace, defense investing spurs wave of space-themed ETFs
Rising interest in aerospace and defense is drawing attention to exchange-traded funds that invest directly in space infrastructure such as satellites, communications and navigation. Investors are showing more interest in products targeting space technology than broad aerospace and defense ETFs, CNBC reported. VettaFi\'s Cynthia Murphy cited Procure Space ETF and Global X Defense Tech ETF. Since late February, Procure Space rose about 19 percent while Global X Defense Tech fell 8 percent.
World
IRGC warns of attacks on U.S. big tech including Apple, Google and Meta
Iran\'s Islamic Revolutionary Guard Corps (IRGC) singled out U.S. technology and finance companies, including Apple, as \"terror companies\" and warned it would attack their facilities in the Middle East. In a Telegram message, it said the firms cooperate with U.S. and Israeli military operations and urged employees to leave workplaces immediately. It also told civilians within 1 km of facilities to evacuate. Companies\' official responses were limited, and details of any attack were not provided.