Arcanus and Beyond Vision sign Canadian UAV production term sheet
Arcanus announced a binding term sheet covering proposed Canadian manufacture, commercialization and support of Beyond Vision UAV platforms.
Why it matters
Arcanus signed a binding term sheet to manufacture and commercialize Beyond Vision UAVs in Canada.
Evidence notes
- The term sheet grants Arcanus rights to manufacture, commercialize and support Beyond Vision UAV platforms in Canada and on Canadian-funded export sales.
- The parties signed the term sheet on 28 and 29 April 2026, before the 30 April announcement.
- Definitive licence, supply and manufacturing agreements still had to be negotiated before the arrangement could proceed.