AAM

Horizon Aircraft Provides Corporate Update

Retrieved on: 
Mardi, avril 16, 2024

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, today is publishing a comprehensive Company update.

Key Points: 
  • ~ Continuing Detailed Design of the Full-Scale Cavorite X7 Hybrid eVTOL Aircraft, on Track for Completion and Testing in 2026 ~
    TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, today is publishing a comprehensive Company update.
  • Brandon Robinson, Chairman and Chief Executive Officer of Horizon commented, “Horizon had a tremendous start to 2024.
  • The aircraft features a patented wing system allowing it to fly the majority of its mission in a configuration similar to that of a normal aircraft.
  • With a growing team of aviation professionals, engineers and technicians, Horizon Aircraft elite prototyping team is positioned to build its full-scale demonstrator on schedule.

AAM Insurance Investment Management Appoints Tim Senechalle as Chief Investment Officer and Elizabeth Henderson as Head of Fixed Income

Retrieved on: 
Samedi, avril 13, 2024

AAM Insurance Investment Management ( www.aamcompany.com ) is pleased to announce the appointment of Tim Senechalle, CFA, as Chief Investment Officer (CIO) and Elizabeth Henderson, CFA, as Head of Fixed Income.

Key Points: 
  • AAM Insurance Investment Management ( www.aamcompany.com ) is pleased to announce the appointment of Tim Senechalle, CFA, as Chief Investment Officer (CIO) and Elizabeth Henderson, CFA, as Head of Fixed Income.
  • “I am thrilled to introduce Tim Senechalle as our new Chief Investment Officer and Elizabeth Henderson as Head of Fixed Income," said John Schaefer, AAM’s Chairman and CEO.
  • As Chief Investment Officer, he will oversee all aspects of AAM’s asset allocation across fixed income, equities, and alternative strategies.
  • Henderson, in her new executive role as Head of Fixed Income, will lead AAM’s fixed income team.

Terra Drone, Unifly, and Aloft Technologies Launch UTM Development for AAM Targeting Global Markets

Retrieved on: 
Jeudi, avril 25, 2024

TOKYO, April 24, 2024 /PRNewswire/ -- Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, has announced the launch of joint development with its Group companies Unifly NV ("Unifly") and Aloft Technologies Inc. ("Aloft") focused on UAS Traffic Management (UTM) (1) for AAMs targeting global markets. Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S. This collaboration marks the world's first-ever (2) joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation. The three companies made the announcement at the prominent uncrewed system and robotics expo XPONENTIAL 2024 in San Diego.

Key Points: 
  • TOKYO, April 24, 2024 /PRNewswire/ -- Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, has announced the launch of joint development with its Group companies Unifly NV ("Unifly") and Aloft Technologies Inc. ("Aloft") focused on UAS Traffic Management (UTM) (1) for AAMs targeting global markets.
  • This collaboration marks the world's first-ever (2) joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.
  • Terra Drone, Unifly, and Aloft are embarking on this joint UTM development to seize the opportunities presented by the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), which are poised to revolutionize transportation.
  • Through this groundbreaking initiative, the three companies aim to build a global UTM infrastructure that kickstarts the AAM industry worldwide.

Terra Drone, Unifly, and Aloft Launch UTM Development for AAM Targeting Global Markets

Retrieved on: 
Jeudi, avril 25, 2024

TOKYO, April 25, 2024 /PRNewswire/ -- Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV ("Unifly") and Aloft Technologies Inc. ("Aloft") focused on UAS Traffic Management (UTM) for AAMs targeting global markets.

Key Points: 
  • TOKYO, April 25, 2024 /PRNewswire/ -- Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV ("Unifly") and Aloft Technologies Inc. ("Aloft") focused on UAS Traffic Management (UTM) for AAMs targeting global markets.
  • Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S.
  • This collaboration marks the world's first-ever joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.
  • The three companies pursue joint UTM development to capitalize on the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), set to revolutionize transportation.

AAM to Announce First Quarter Financial Results on May 3

Retrieved on: 
Vendredi, avril 19, 2024

DETROIT, April 19, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss first quarter financial results and other related matters at 10:00 a.m.

Key Points: 
  • DETROIT, April 19, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss first quarter financial results and other related matters at 10:00 a.m.
  • ET on Friday, May 3, 2024.
  • A press release announcing the results will be issued before the market opens on the same day and will be available at www.aam.com .
  • To listen to the replay please dial:
    When prompted, callers should enter replay access code 9444230.

Investing in the Electric Aircraft Revolution

Retrieved on: 
Mercredi, avril 3, 2024

According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.

Key Points: 
  • According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.
  • KULR Technology Group, Inc. (NYSE American: KULR), betting on the electrification of everything, will play a key role in the safety of the electric aircraft future.
  • From startups like Eviation with their Alice aircraft to major players like Airbus and their E-Fan X project, the race is on to develop viable electric planes.
  • Some smaller electric aircraft are already taking to the skies for test flights ."

DronePort Network Announces Strategic Partnership with Vigilant Aerospace to Provide Airspace Management at Drone Ports Across the US

Retrieved on: 
Mardi, avril 9, 2024

OKLAHOMA CITY, April 9, 2024 /PRNewswire/ -- Vigilant Aerospace, a leading developer of detect-and-avoid and airspace management software for uncrewed aircraft systems (UAS or drones), has been announced as a strategic partner by DronePort Network to provide Airspace Management (ASM), Detect-and-Avoid (DAA), and Unmanned Traffic Management (UTM) for future drone port projects throughout the United States. Vigilant Aerospace's FlightHorizon solution provides the advanced situational awareness required for safe, scalable autonomous flight.

Key Points: 
  • Vigilant Aerospace's FlightHorizon solution provides the advanced situational awareness required for safe, scalable autonomous flight.
  • DronePort Network is a system integration and infrastructure development company focused on helping regions and communities transition to the next generation of the aviation economy.
  • DronePort Network is a perfect example of this innovative approach, bringing together the expertise necessary to make commercial autonomous flight a reality.
  • We're thrilled to launch this strategic partnership and are excited to be a part of the future development of drone ports in the US."

Incheon Metropolitan City, IAIAC, and MITRE Unveil Advanced Air Mobility Concept of Operations

Retrieved on: 
Lundi, mars 18, 2024

Incheon Metropolitan City, in a landmark partnership with the Institute for Aerospace Industry-Academia Collaboration (IAIAC) and The MITRE Corporation, has released Incheon’s Advanced Air Mobility (AAM) Concept of Operations.

Key Points: 
  • Incheon Metropolitan City, in a landmark partnership with the Institute for Aerospace Industry-Academia Collaboration (IAIAC) and The MITRE Corporation, has released Incheon’s Advanced Air Mobility (AAM) Concept of Operations.
  • The AAM Concept of Operations outlines an approach to AAM integration, with a strong emphasis on safety, community acceptance, and improved mobility.
  • "The integration of AAM operations in Incheon promises to transform our region's transportation landscape,” said Incheon Mayor Jeong-bok Yoo.
  • “This Concept of Operations serves as a roadmap to that future, prioritizing safety, community acceptance, and improved mobility.

SkyDrive Signs Pre-Order with Bravo Air and Agrees to Partner in Developing Commercial Use Cases Originating from Augusta Regional Airport

Retrieved on: 
Vendredi, mars 15, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240314869100/en/
    Arnaud Coville, Chief Development Officer of SkyDrive on the left and Dann Standard, Operations of Bravo Air on the right.
  • The partnership with Bravo Air represents a bold step forward in expanding our presence beyond South Carolina and into Georgia.
  • Dann Standard, VP Operations of Bravo Air said, “Bravo Air is thrilled to be working with SkyDrive on revolutionizing AAM in the United States.

  • “We are pleased to welcome SkyDrive to the Augusta Regional Airport and the Central Savannah River Area,” said Mayor Garnett Johnson.

Actuators Market worth $94.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Vendredi, mars 29, 2024

By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.

Key Points: 
  • By actuation, the Actuators market has been segmented into electric, hydraulic, pneumatic, and others.
  • These actuators can be further classified into solenoid actuators and motor-driven actuators.
  • The Actuators market has been studied in North America, Europe, Asia Pacific, Middle East, and Rest of the World.
  • India is expected to show the highest growth rate in Asia Pacific Region for Actuators market.