AAM

Global Geospatial Analytics Market to Reach USD 141.9 Billion by 2028, Driven by Growing Demand for Location Intelligence

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Jeudi, août 17, 2023

The global geospatial analytics market is poised for substantial growth, projected to reach USD 141.9 billion by 2028, with a notable CAGR of 12.6% during the forecast period.

Key Points: 
  • The global geospatial analytics market is poised for substantial growth, projected to reach USD 141.9 billion by 2028, with a notable CAGR of 12.6% during the forecast period.
  • Geospatial analytics, with its foundation in spatial data analysis, offers a comprehensive approach to understanding and extracting insights from geospatial data.
  • Geospatial analytics significantly impacts the BFSI sector by enabling enhanced risk assessment and fraud detection through the integration of geospatial and customer data.
  • Geospatial analytics enhances the capabilities of the Global Positioning System (GPS) by providing advanced spatial analysis, predictive modeling, and visualization capabilities.

Global $16.5 Billion Connected Aircraft Market Assessment 2023-2028: Dominated by Gogo, Honeywell International, Raytheon Technologies, Thales Group, Viasat, TE Connectivity

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Mercredi, août 16, 2023

The global connected aircraft market is poised for remarkable growth, propelling from its current valuation of USD 10 billion in 2023 to a projected USD 16.5 billion by 2028.

Key Points: 
  • The global connected aircraft market is poised for remarkable growth, propelling from its current valuation of USD 10 billion in 2023 to a projected USD 16.5 billion by 2028.
  • These insights span overviews, products, solutions, services, key strategies, recent developments, and new product & service launches associated with the Connected Aircraft market.
  • The in-flight connectivity segment emerges as a frontrunner, projected to lead the Connected Aircraft Market during the forecast period.
  • The global connected aircraft market is in the midst of a remarkable journey, characterized by substantial growth, technological innovation, and transformative collaborations.

Supernal Opens Policy and Commercial Office in Washington, D.C.

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Mardi, août 15, 2023

WASHINGTON, Aug. 15, 2023 /PRNewswire/ -- Supernal LLC (the Company), Hyundai Motor Group's (HMG) Advanced Air Mobility (AAM) company, announced today the opening of its policy and commercial hub in Washington, D.C.

Key Points: 
  • WASHINGTON, Aug. 15, 2023 /PRNewswire/ -- Supernal LLC (the Company), Hyundai Motor Group's (HMG) Advanced Air Mobility (AAM) company, announced today the opening of its policy and commercial hub in Washington, D.C.
  • The Company employs more than 60 people in the market across policy, strategic planning, legal, commercial, product, finance and HR disciplines.
  • Supernal plans to hire an additional 20 employees in Washington, D.C. this year, bringing the Company's total headcount to more than 500.
  • Supernal spent more than a year building out the three-story office space with the mantra of "design facilities that inspire and exceed the comfort of employees' homes."

Archer Accelerates Path to Market: Secures $215M Investment From Stellantis, Boeing, United Airlines, ARK Invest and Others; FAA Issues Archer Certificate to Begin Flying Midnight; On Track to Complete First Ever eVTOL Aircraft Customer Delivery

Retrieved on: 
Jeudi, août 10, 2023

In tandem with earnings, Archer made a series of announcements that reinforce its path to FAA certification and commercial operations in 2025.

Key Points: 
  • In tandem with earnings, Archer made a series of announcements that reinforce its path to FAA certification and commercial operations in 2025.
  • These announcements come on the heels of the FAA Administrator leaving to join Archer and the DoD awarding Archer the largest total contract value of any eVTOL company.
  • Archer today announced that its Midnight aircraft received its Special Airworthiness Certificate from the Federal Aviation Administration (FAA).
  • Archer believes this would make Midnight the first ever eVTOL aircraft delivered to a customer.

Wisk Aero, Archer, and Boeing Reach Agreement To Settle Litigation and Enter into Autonomous Flight Collaboration; Boeing Invests in Archer’s Latest Funding Round

Retrieved on: 
Jeudi, août 10, 2023

Wisk Aero (“Wisk”) and Archer Aviation (“Archer”) (NYSE: ACHR), leaders in the Advanced Air Mobility (AAM) market, along with The Boeing Company (“Boeing”) (NYSE: BA), today announced that they have reached a settlement to resolve the federal and state court litigation between the parties on undisclosed terms.

Key Points: 
  • Wisk Aero (“Wisk”) and Archer Aviation (“Archer”) (NYSE: ACHR), leaders in the Advanced Air Mobility (AAM) market, along with The Boeing Company (“Boeing”) (NYSE: BA), today announced that they have reached a settlement to resolve the federal and state court litigation between the parties on undisclosed terms.
  • Simultaneously, the parties have entered into a collaboration that looks forward to the growth and development of the AAM industry.
  • Archer has agreed to make Wisk its exclusive provider of autonomy technology for future variants of Archer’s aircraft.
  • As part of the parties’ collaboration, Boeing is making an investment in Archer that will support the integration of Wisk’s autonomous technology in future variants of Archer’s aircraft.

AAM to Present at J.P. Morgan Auto Conference Aug. 9, 2023

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Vendredi, août 4, 2023

DETROIT, Aug. 4, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in J.P. Morgan's Auto Conference Aug. 9, 2023.

Key Points: 
  • DETROIT, Aug. 4, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in J.P. Morgan's Auto Conference Aug. 9, 2023.
  • AAM is scheduled to present at 8:50 a.m.
  • A live audio webcast will be available through the Investor Relations page on AAM's website .
  • A replay of the webcast will be available following the event.

Apollo Reports Second Quarter 2023 Results

Retrieved on: 
Jeudi, août 3, 2023

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2023.

Key Points: 
  • NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2023.
  • As the industry and investors begin to understand the full potential of private credit, the fruits of our labor are becoming increasingly evident and helped drive our strong second quarter results.”
    Apollo issued a full detailed presentation of its second quarter ended June 30, 2023 results, which can be viewed on Apollo’s Investor Relations website at ir.apollo.com .
  • Apollo Global Management, Inc. has declared a cash dividend of $0.43 per share of its Common Stock for the second quarter ended June 30, 2023.
  • During the webcast, members of Apollo’s senior management team will review Apollo’s financial results for the second quarter ended June 30, 2023.

Vertical Aerospace Announces First Half-Year 2023 Financial Results

Retrieved on: 
Jeudi, août 3, 2023

Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the six months ended June 30, 2023.

Key Points: 
  • Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the six months ended June 30, 2023.
  • “We have seen fantastic momentum at Vertical in the first half of 2023 across our testing, certification, and commercial efforts.
  • We are maintaining our disciplined spend with a £36m net operating loss for the first half of 2023.
  • In July 2023, Vertical announced the appointment of Stuart Simpson as Chief Financial Officer, joining in September 2023.

Aircraft Fuel Cells Market worth $5.7 billion by 2035 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mercredi, juillet 26, 2023

The hydrogen fuel cell type accounts for the largest market share in the aircraft fuel cell market due to several key factors.

Key Points: 
  • The hydrogen fuel cell type accounts for the largest market share in the aircraft fuel cell market due to several key factors.
  • This zero-emission characteristic positions hydrogen fuel cells as an attractive solution for aircraft propulsion, ensuring compliance with stringent emission regulations.
  • Furthermore, advancements in hydrogen infrastructure and storage technologies have facilitated the availability and integration of hydrogen fuel cells in aircraft, further driving their market dominance.
  • The 0-100kW segment accounts for the largest market share in the aircraft fuel cell market.

Aircraft Fuel Cells Market worth $5.7 billion by 2035 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mercredi, juillet 26, 2023

The hydrogen fuel cell type accounts for the largest market share in the aircraft fuel cell market due to several key factors.

Key Points: 
  • The hydrogen fuel cell type accounts for the largest market share in the aircraft fuel cell market due to several key factors.
  • This zero-emission characteristic positions hydrogen fuel cells as an attractive solution for aircraft propulsion, ensuring compliance with stringent emission regulations.
  • Furthermore, advancements in hydrogen infrastructure and storage technologies have facilitated the availability and integration of hydrogen fuel cells in aircraft, further driving their market dominance.
  • The 0-100kW segment accounts for the largest market share in the aircraft fuel cell market.