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UAV Radar Market worth $990.2 million by 2031 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Aug. 19, 2026 /PRNewswire/ — According to MarketsandMarkets™, the UAV radar market is projected to grow from USD 360.7 million in 2026 to USD 990.2 million by 2031 at a CAGR of 22.4%.

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UAV Radar Market Size & Forecast:

Market Size Available for Years: 2021–20312026 Market Size: USD 360.7 million2031 Projected Market Size: USD 990.2 millionCAGR (2026–2031): 22.4%

UAV Radar Market Trends & Insights:

The UAV radar market is growing, supported by rising procurement of counter-UAS systems, increased radar integration on military UAVs, and growing requirements for persistent surveillance of small, low-flying, and low-observable aerial targets. Demand is also increasing for compact, low-SWaP radars, electronically scanned arrays, software-defined architectures, and multi-sensor systems that enhance ISR, maritime surveillance, detect-and-avoid, border security, and air-defense capabilities.By scanning type, hybrid mechanical-electronic scanning radar is expected to record the highest CAGR of 24.2% during the forecast period.By onboard radar type, ISR & surveillance radar payloads are expected to account for the major share of the market in 2026.By offboard radar type, search & detection radar is expected to account for the largest market share during the forecast period.By frequency band, X-band is expected to account for a significant share (26%) the UAV radar market in 2026.By UAV class, large UAVs (>600 kg) are expected to account for the largest share of the onboard UAV radar market.By end user, defense is expected to account for the largest market share (50.1%) in 2026.By region, Asia Pacific is projected to have the highest CAGR during the forecast period.

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As the military, border security organizations, airports, and critical infrastructure operators increase their use of radar for ongoing surveillance and counter-UAS missions, the industry is about to enter a more robust procurement cycle. UAV manufacturers are concurrently integrating compact radar payloads for SAR/GMTI, maritime surveillance, detect-and-avoid, navigation, and mission-safety tasks. Radar deployment is becoming feasible across a broader range of unmanned systems due to the move toward smaller, software-defined, electronically scanned architectures.

Low-SWaP sensors, rapid beam steering, higher target-update rates, automatic categorization, and tighter integration with EO/IR, RF, and command-and-control systems are increasingly important in technology development. These advances are expanding the all-weather intelligence and autonomous capabilities of onboard UAV payloads while also enhancing radar utility against low-altitude and low-observable drones.

By scanning type, electronically scanned array radar is positioned for strong expansion during the forecast period.

Electronically scanned array radar is expected to remain at the top of the scanning category as both airborne payload suppliers and counter-UAS radar manufacturers focus on small, fast-steering designs. AESA, MIMO, metamaterial, and other controlled designs can offer quick track refresh, track multiple targets, provide flexible waveform management, and support software-controlled mission modes without relying solely on moving parts. Their increasing use in SAR/GMTI, detect-and-avoid, surveillance, and drone-detection systems is expected to keep the segment growing until 2031.

By end user, defense is projected to remain the dominant demand segment during the forecast timeframe.

Defense organizations are expected to account for the largest share of UAV radar demand as they expand counter-drone coverage and add more radar systems to ISR, maritime, tactical, MALE, and combat-focused unmanned aircraft. Military buyers are also focusing on radars that can continue tracking, identify targets, guide other systems, and support layered air-defense operations. This is creating opportunities in both new installations and upgrades.

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Growth opportunities are expected to increase in the Asia Pacific region during the forecast period.

Nations in the region are increasing their investments in unmanned surveillance, air defense modernization, border monitoring, marine security, and counter-UAS capacity. Asia Pacific is emerging as one of the most appealing UAV radar industry. Domestic UAV programs and sensor integration activity are growing in China, India, Japan, South Korea, Australia, and other regional markets. It is anticipated that both onboard and offboard radar systems will continue to be in demand due to procurement, local production, and growing concern over small-drone threats.

The major participants in the UAV radar companies include RTX (US), Leonardo S.p.A (Italy), Saab AB (Sweden), HENSOLDT AG (Germany), and Israel Aerospace Industries (Israel). The competitive landscape comprises diversified defense-electronics groups as well as specialist radar suppliers with focused UAV and counter-UAS product portfolios.

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Achieve named one of Arizona’s ‘Most Admired Companies’ for sixth consecutive year

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Recognition highlights Achieve’s investment in its people and commitment to helping consumers build stronger financial futures

SAN MATEO, Calif., Oct. 5, 2026 /PRNewswire/ — Achieve, the leader in digital personal finance, has been named one of Arizona’s Most Admired Companies for the sixth consecutive year. The recognition from Az Business magazine, presented in partnership with BestCompaniesAZ, celebrates Achieve’s commitment to building stronger financial futures for consumers and a workplace where teammates can grow, contribute and make a difference.

In its 2026 profile, Az Business highlighted Achieve’s investment in employee growth, education and community service, recognizing a culture that supports career development, leadership, encourages innovation and makes giving back part of how the company operates.

“Multiple years of recognition reflect something at the core of Achieve: a mission-driven company that cares about our clients, our people and our communities,” said Achieve Co-Founder and Co-CEO Brad Stroh. “Helping consumers take control over their financial future takes people who care deeply about their outcomes. Investing in our teammates strengthens that foundation and brings our mission to life in every conversation, every decision and every community we serve.”

Arizona’s Most Admired Companies are selected by a panel of independent judges assembled by BestCompaniesAZ. The program evaluates organizations across leadership, workplace culture, community impact, customer service and innovation. According to Az Business, the 2026 honorees emerged from the most competitive field in the program’s history.

Achieve’s profile emphasized three strengths behind its recognition:

Growth from within: Investment in teammate development and education helps people build their careers while contributing to the company’s mission.Innovation with purpose: A culture that encourages new ideas supports Achieve’s work helping consumers improve their financial futures.Community commitment: Giving back is woven into the workplace culture, extending Achieve’s impact beyond the consumers it serves.

“At Achieve, we want teammates to see a future for themselves and know their work makes a difference,” said Achieve Senior Vice President of Human Resources Heather Marcom. “That means making room for them to learn, contribute ideas and take the next step in their careers. When people feel supported and see the impact of their contributions, they bring that commitment to their teammates, our consumers and the broader community.”

The 2026 honorees will be celebrated Oct. 8 at Chateau Luxe in Phoenix.

Achieve has served over 2 million consumers, helping to resolve over $22 billion in debt and facilitated over $15 billion in personal loans and home equity lines of credit since 2002. Achieve was also named to Az Business Magazine’s AZ Big 100 List for 2026, which highlights the organizations and leaders shaping Arizona’s economic future.

As a trusted leader in debt consolidation, Achieve remains committed to helping everyday people move toward a better financial future. This commitment is rooted in providing a transparent experience, a personalized approach to every member’s unique situation and the predictable, fast cash flow necessary to attain long-term financial stability. By focusing on these core principles, the company continues to redefine how consumers manage debt and build lasting financial health.

About Achieve

Achieve, THE digital personal finance company, helps everyday people get on, and stay on, the path to a better financial future. Achieve pairs proprietary data and analytics with personalized support to offer personal loans, home equity loans, debt relief and debt consolidation, along with financial tips and education and free mobile apps: Achieve MoLO® (Money Left Over) and Achieve GOOD™ (Get Out Of Debt). Achieve is frequently recognized for providing top-rated customer experience and satisfaction by both consumers and leading personal finance review platforms and has 2,200 dedicated teammates across the country, with hubs in Arizona, California, Florida and Texas.

Achieve refers to the global organization and may denote one or more affiliates of Achieve Company, including Achieve.com, Equal Housing Opportunity (NMLS ID #138464); Achieve Home Loans, Equal Housing Opportunity (NMLS ID #1810501); Achieve Personal Loans (NMLS ID #227977); Freedom Debt Relief (NMLS ID # 1248929); and Freedom Financial Asset Management (CRD #170229).

Contacts

Austin Kilgore
akilgore@achieve.com
214-908-5097

Elina Tarkazikis
etarkazikis@achieve.com

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SOURCE Achieve

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Keyfactor Appoints Former CyberArk CEO Matt Cohen to Board of Directors and Strategic Advisor

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Appointment comes as Keyfactor closes $1B+ growth investment led by Summit Partners and accelerates its next phase of scale beyond $200 million in ARR

ATLANTA and STOCKHOLM, Oct. 5, 2026 /PRNewswire/ — Keyfactor, the leader in trust infrastructure for AI and machines, today announced the appointment of former CyberArk CEO Matt Cohen to its Board of Directors. Cohen will also serve as a strategic advisor to Keyfactor CEO Jordan Rackie, providing an additional source of perspective and operating experience as the company enters its next phase of growth and scale.

The appointment coincides with the closing of Keyfactor’s previously announced $1 billion-plus growth investment led by Summit Partners and follows the company’s recent milestone of surpassing $200 million in annual recurring revenue (ARR). Together, the developments reflect Keyfactor’s continued growth and accelerate investment behind its Trust Control Plane and expand its leadership across machine identity, cryptography, AI security and post-quantum readiness.

Cohen most recently served as CEO of CyberArk, where he helped lead one of cybersecurity’s defining growth stories and ultimately the company’s approximately $25 billion acquisition by Palo Alto Networks. Over more than two decades in technology, Cohen has built and scaled global businesses, led major strategic and operational transformations, and created significant enterprise value. Before becoming CyberArk’s CEO in 2023, he served as its Chief Revenue Officer and Chief Operating Officer. Earlier in his career, he held senior leadership roles at PTC, including Executive Vice President of Worldwide Field Operations, helping scale the company beyond $1 billion in ARR.

“As we began thinking about Keyfactor’s next chapter with Summit and the rest of our Board, we were very intentional about the experience and perspective we wanted around the table,” said Jordan Rackie, CEO of Keyfactor. “As our market opportunity continues to expand, we’re entering a phase where scaling with ambition, discipline and operational rigor will be critical.”

“Matt was someone we pursued very deliberately. He has operated at the scale we aspire to reach, helped build a category leader in cybersecurity and navigated many of the opportunities and inflection points that lie ahead for Keyfactor. We share similar values around leadership, transparency and how to approach both opportunities and challenges. He brings tremendous experience and judgment to our Board, and I’m equally excited to have him as a strategic and trusted advisor as we navigate Keyfactor’s next phase of growth.”

Keyfactor has emerged as a global leader at the intersection of machine identity and cryptography as enterprises confront an unprecedented expansion in the number of machines, workloads, applications and AI agents that must be authenticated and trusted. The company’s Trust Control Plane represents the next evolution of how enterprises manage trust across these environments. It creates a unified control layer that brings together visibility, intelligence, policy and action across machine identity and cryptography.

“The most exciting companies are often positioned at the intersection of major technology shifts, and that’s exactly where I believe Keyfactor sits today,” said Cohen. “AI, machine identity, cryptographic modernization and the transition to post-quantum security are converging to create one of the most significant security challenges enterprises will face over the next decade.”

“Keyfactor has meaningful scale, a strong culture and a clear vision for where the market is headed. From my early conversations with Jordan, we found a lot of common ground, and I saw a leader who’s clear-eyed about what the next level of growth truly demands. I’m excited to join the Board, serve as a strategic advisor to Jordan and help the team capitalize on the tremendous opportunity ahead.”

Summit Partners’ investment provides additional resources to help accelerate Keyfactor’s growth strategy, which focuses on continued product innovation, international expansion, strategic acquisitions and investment across the company’s global organization. Cohen’s appointment reflects a broader philosophy around preparing Keyfactor for its next phase: continuing to strengthen the leadership team while surrounding the company with Board members, advisors and partners who bring relevant experience from the scale Keyfactor intends to reach.

For more information, visit https://www.keyfactor.com/.

About Keyfactor

Keyfactor is the leader in trust infrastructure for AI and machines. The platform equips enterprises to take control of the machine identities and cryptography that safeguard every digital interaction. By bringing fragmented tools and assets into a single control plane, security teams can see their cryptographic landscape, find and remediate risk exposure, roll out compliant and quantum-safe cryptography, and issue a cryptographic identity to every machine, workload and AI. Trusted by the largest enterprises and government agencies, Keyfactor delivers the resilient foundation organizations need to keep running uninterrupted in the AI and quantum era. Learn more at www.keyfactor.com or follow Keyfactor on LinkedIn.

Media Contact for Keyfactor:

Danielle Ostrovsky
Hi-Touch PR
Ostrovsky@Hi-TouchPR.com

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SOURCE Keyfactor

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ECARX Completes Acquisition of Flyme Software Business, Securing End-to-End Operating System Capabilities

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Completion brings Flyme Auto and Flyme OS fully in-house, aligning ECARX’s hardware and software roadmaps across the technology stackFlyme to operate as an independent software division, preserving R&D continuity and ensuring a seamless transition for existing customers

LONDON, Oct. 5, 2026 /PRNewswire/ — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a leading global automotive intelligence business, today announced the completion of its acquisition of the entire Flyme software business portfolio, first announced on June 22, 2026. Through the transaction, ECARX acquired 100% of the equity interest in Hubei Qiguang Technology Co., Ltd. (the “Acquired Entity”), a new entity carved out from DreamSmart Group to hold the Flyme business, comprising Flyme Auto, an in-vehicle cockpit operating system, and Flyme OS, a cross-device operating system.

Flyme Auto is already deployed by ECARX in 3.5 million production vehicles across multiple OEM partners, and Flyme OS is built on more than 15 years of continuous R&D and mass-market deployment across vehicles, smartphones and smart wearables. ECARX will operate Flyme as an independent software division. Existing operators of Flyme OS will continue to receive updates, and user data will remain in each operator’s ownership.

Ziyu Shen, Founder and CEO of ECARX Holdings Inc commented:

“The completion of the Flyme acquisition marks an important milestone in our strategy to build a fully integrated hardware and software platform. By bringing Flyme’s operating system, user experience, AI capabilities, and ecosystem expertise in-house, we strengthen our ability to deliver tightly optimized solutions that connect our silicon, computing platforms, and intelligent software into a unified offering. Owning the entire technology stack will enhance product differentiation, accelerate innovation, improve development efficiency, and create new revenue opportunities through software licensing, integration services, and connected car ecosystem monetization. Ultimately, Flyme positions ECARX to deliver a more compelling end-to-end experience for automakers while strengthening our long-term competitive advantage.”

Flyme complements ECARX’s Cloudpeak® cross-domain software stack, with Flyme Auto providing the in-cabin application layer for vehicles in China and Flyme OS enabling seamless connectivity between vehicles, smartphones and smart devices. The expanded portfolio will provide global automakers with greater flexibility to engage with ECARX across multiple layers of the technology stack, from standalone hardware and software solutions to full-stack products.

Transaction Details

The total consideration paid for 100% of the equity of the Acquired Entity was RMB1.8 billion (approximately US$266 million), as compared with an independent valuation of RMB1.824 billion as of May 31, 2026.

The acquisition was executed as an all-cash transaction, consisting of approximately 70% syndicated bank loans from Chinese commercial banks on market terms with a 10-year maturity, and approximately 30% from internal sources. Following closing, ECARX will provide the Acquired Entity with a RMB200 million capital injection to support its operations.

The Acquired Entity houses all mission-critical Flyme intellectual property, R&D teams, engineering resources, OEM customer contracts and supporting operational infrastructure.

About ECARX

ECARX (Nasdaq: ECX), headquartered in London, is a leading global automotive intelligence company. ECARX provides the intelligent brain that powers the next generation of software-defined and AI defined vehicles. The company delivers end-to-end, full-stack solutions spanning advanced system-on-chip hardware, high-performance central computing platforms, intelligent cockpit technology, Advanced Driver Assistance Systems, cloud connectivity and physical AI, alongside bespoke vehicle software and intelligent operating systems.

As automakers transition to software-first and AI-first vehicle architectures, ECARX empowers automakers to streamline integration, reduce systemic complexity and optimize long-term cost efficiency. ECARX’s proven technology is deployed across over 12 million vehicles worldwide, and is currently partnered with 18 global automakers and 28 vehicle brands to shape the future of automotive intelligence.

Founded in 2017 and listed on Nasdaq in 2022, ECARX operates from 15 major international locations across Europe, the Americas and Asia, with a global team of over 1,400 employees.

Forward-Looking Statements

This release contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which we operate. The use of words “expects”, “intends”, “anticipates”, “estimates”, “predicts”, “believes”, “should”, “potential”, “may”, “preliminary”, “forecast”, “objective”, “plan”, or “target”, and other similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, but not limited to statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies, future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, and the markets in which we operate.

For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statement, see ECARX’s filings with the U.S. Securities and Exchange Commission. ECARX undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.

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SOURCE ECARX Holdings Inc.

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