SAFRAN

Sintavia Signs Letter of Intent to Acquire Extended-Z M 8K from AMCM

Retrieved on: 
Mardi, novembre 7, 2023
Aerospace, Manufacturing, Defense, Other Defense, Contracts, EOS, Airbus, OEM, Aerospace Defense Command, Progress M-8, Architecture, Prometheus, Laser, Multimedia, ArianeGroup, Pleasure, AMCM, LOI, Letter, 3D printing

At 820mm x 820mm x 1600mm with eight nLIGHT AFX-1000 lasers, the M 8K purchased by Sintavia represents an enormous leap in productivity and design freedom compared with smaller printers.

Key Points: 
  • At 820mm x 820mm x 1600mm with eight nLIGHT AFX-1000 lasers, the M 8K purchased by Sintavia represents an enormous leap in productivity and design freedom compared with smaller printers.
  • Delivery of the first North American M 8K to Sintavia is expected to occur in early 2025.
  • “It is a natural fit that the first M 8K in North America—and the first one anywhere with an extended Z-axis—would go to Sintavia.
  • AMCM officially launched the M 8K in September 2023 with ArianeGroup as the European launch customer.

Archer Closes Previously-Announced Financing and Development Agreements to Complete World’s Highest-Volume eVTOL Aircraft Manufacturing Facility

Retrieved on: 
Mercredi, octobre 11, 2023
Aerospace, Manufacturing, Air, Transport, Engineering, Midnight, Partnership, Multimedia, United, NYSE, Honeywell, TWC Aviation, Inc., ACHR, Archery, Airline, Stellantis

Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced that it has closed agreements with Synovus Bank and Evans General Contractors, LLC for the financing and development of its high-volume manufacturing facility in Covington, Georgia.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced that it has closed agreements with Synovus Bank and Evans General Contractors, LLC for the financing and development of its high-volume manufacturing facility in Covington, Georgia.
  • Construction is already underway on the first phase of the Covington facility build out of approximately 350,000 square feet to support production of up to 650 aircraft per year, which would make it the world’s largest eVTOL aircraft manufacturing facility by volume.
  • Today’s announcement secures at least $65 million in financing which represents a substantial majority of the cost of construction for the first phase of Archer’s eVTOL manufacturing facility.
  • Archer’s Midnight aircraft will be manufactured at the company’s high-volume manufacturing facility in Covington, GA before being deployed to different customers and markets in the U.S. and abroad.

FPT Hosts IATA 19th Maintenance Cost Conference & 2nd MRO Smart Hub User Forum

Retrieved on: 
Vendredi, octobre 6, 2023
Air, Technology, Transport, Other Technology, Software, Networks, International Air Transport Association, Partnership, Multimedia, MRO, FPT Software, MCC, ESG, Security, Digital transformation, FPT Corporation, Safety, Delta Air Lines, EASA, FPT, Aviation, Maintenance, IATA, Vietnam Airlines, Blockchain, Conference, Cryptocurrency, Airline, Boeing, Airbus

FPT Corporation (FPT), a global technology firm headquartered in Vietnam, announced its role as the host sponsor for the 19th Maintenance Cost Conference (MCC) & 2nd MRO Smart Hub User Forum on October 4-5 in Hanoi, Vietnam.

Key Points: 
  • FPT Corporation (FPT), a global technology firm headquartered in Vietnam, announced its role as the host sponsor for the 19th Maintenance Cost Conference (MCC) & 2nd MRO Smart Hub User Forum on October 4-5 in Hanoi, Vietnam.
  • View the full release here: https://www.businesswire.com/news/home/20231005978201/en/
    FPT Chairman delivered opening remarks at the IATA MCC & MRO Smart Hub User Forum (Photo: Business Wire)
    The MCC & MRO Smart Hub User Forum is an annual event of the International Air Transport Association (IATA) – a trade association representing about 300 airlines in 120 countries.
  • For the first time, the MCC & MRO Smart Hub User Forum is hosted by a technology corporation.
  • The 19th Maintenance Cost Conference & 2nd MRO Smart Hub User Forum took place at FPT’s headquarters FPT Tower and Hola Park campus of FPT Software.

AerSale Expands and Strengthens Engineered Solutions Leadership Team

Retrieved on: 
Mercredi, août 30, 2023
Engineering, Air, Transport, Aerospace, Manufacturing, Other Manufacturing, Aeron, Federal Aviation Administration, MTU Aero Engines, AerSale, ISO, ATS, Enhanced flight vision system, Micro Engineering Solutions, Aviation, EFVS, AvCraft Technical Services, Supplemental type certificate, Strategic planning, STC, Certification, FAA, PMA, Zodiac Aerospace, Atmosphere of Earth, Division, Growth, Collins Aerospace, SR, Kiwi International Air Lines, Lidl, Airline, Management

Iso Nezaj, the current President of Engineered Solutions, has been appointed to the newly created role of Chief Product Development Officer.

Key Points: 
  • Iso Nezaj, the current President of Engineered Solutions, has been appointed to the newly created role of Chief Product Development Officer.
  • Mr. Nezaj will be replaced by Ben Tschirhart as President of Engineered Solutions.
  • Mr. Nezaj has served as Chief Technical Officer of AerSale as well as Division President, Engineered Solutions from 2017.
  • The expansion of our Engineered Solutions leadership team will help drive continued growth and value creation for aircraft owners and operators.

Top 20 Composites Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Lundi, août 28, 2023
Carbon, Carbon-fiber-reinforced polymers, Hexion, Contender, Biochemistry, Mitsubishi Chemical Holdings, Information technology, Johns Manville, Owens Corning, Huntsman, Composite material, Borealis, Polymer, CPIC, Mitsubishi Group, USD, Toray Industries, Wind, Holley Performance Products, British Gas, Nature, SGL, Lanxess, Car, Health care, BASF, Growth, Environment, Glass, Transport, Investment company, Quadrant, Aircraft, Speciality chemicals, Carbon fibers, Celanese

CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • Ownes Corning is a diversified composites company and a leading supplier and providing composites materials.
  • Factors such as revenue, geographic presence, vendor's market share, and business strategies have been considered to evaluate the composites quadrant.
  • The top criteria for company evaluation were Fiber Type (Glass Fiber Composites, Carbon Fiber Composites and Natural Fiber Composites) Resin Type (Thermoset Composites and Thermoplastic Composites), Manufacturing Process and End-User Industry.

Top 20 Composites Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Lundi, août 28, 2023
Carbon, Carbon-fiber-reinforced polymers, Hexion, Contender, Biochemistry, Mitsubishi Chemical Holdings, Information technology, Johns Manville, Owens Corning, Huntsman, Composite material, Borealis, Polymer, CPIC, Mitsubishi Group, USD, Toray Industries, Wind, Holley Performance Products, British Gas, Nature, SGL, Lanxess, Car, Health care, BASF, Growth, Environment, Glass, Transport, Investment company, Quadrant, Aircraft, Speciality chemicals, Carbon fibers, Celanese

CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • Ownes Corning is a diversified composites company and a leading supplier and providing composites materials.
  • Factors such as revenue, geographic presence, vendor's market share, and business strategies have been considered to evaluate the composites quadrant.
  • The top criteria for company evaluation were Fiber Type (Glass Fiber Composites, Carbon Fiber Composites and Natural Fiber Composites) Resin Type (Thermoset Composites and Thermoplastic Composites), Manufacturing Process and End-User Industry.

After Archer Recently Received FAA Certificate Necessary To Begin Flying Midnight, It Continues Hitting Key Certification Milestones On Schedule As FAA Starts To Approve Midnight’s Certification Plans

Retrieved on: 
Mercredi, août 16, 2023
Engineering, Air, Aerospace, Transport, Manufacturing, Other Manufacturing, Other Transport, Garmin, Intellectual property, TWC Aviation, Inc., Multimedia, Environmental policy of the Joe Biden administration, Rail transport by country, Certification, FAA, Administration, Airworthiness, Archery, ACHR, United States Department of the Air Force, AFWERX, NYSE, Safety, Federal Aviation Administration, Airline, Management, Midnight, Honeywell

These milestone achievements pave the way for Archer to start “for credit” testing of piloted Midnight aircraft, which is expected in early 2024.

Key Points: 
  • These milestone achievements pave the way for Archer to start “for credit” testing of piloted Midnight aircraft, which is expected in early 2024.
  • View the full release here: https://www.businesswire.com/news/home/20230816661718/en/
    Archer's Midnight eVTOL aircraft at the company's flight test facility in Salinas, CA.
  • The company is on schedule to hand off its Midnight aircraft to the U.S. Air Force by the end of this year or early in 2024.
  • With a range of up to 100 miles, Archer’s Midnight is a piloted, four passenger aircraft designed to perform rapid back-to-back flights with minimal charge time in between flights.

Global PNT Solution Market to Witness Significant Growth, Expected to Reach $5.24 Billion by 2033 with a CAGR of 10.85% - ResearchAndMarkets.com

Retrieved on: 
Vendredi, août 11, 2023
Satellite, Technology, Antirrhinum, GPS, Qualcomm, Garmin, GNSS, Navigation, RFID, Global Positioning System, Aviation, Research, Trimble Inc., BAE Systems, Pinnacle, LEO, BAE Systems Inc., City, Growth, Transport, Los Alamos National Laboratory, RF, PNT, Xiaomi, Satellite navigation device, Instrumentation, Timing, Orolia

Additionally, the emergence of new applications, such as autonomous vehicles and smart cities, is expected to fuel the demand for PNT solutions further.

Key Points: 
  • Additionally, the emergence of new applications, such as autonomous vehicles and smart cities, is expected to fuel the demand for PNT solutions further.
  • The PNT solution market is characterized by intense competition, with several key players operating in the industry.
  • The top established position, navigation, and timing (PNT) solution providers hold around 79% of the presence in the market.
  • The start-ups in the market hold around 21% of the global position, navigation, and timing (PNT) solution market.

Increasing Demand for Location-Based Services Drives Global PNT Solution Market to 2033

Retrieved on: 
Mardi, août 8, 2023
Component, Antirrhinum, GPS, Qualcomm, Garmin, GNSS, Navigation, RFID, Global Positioning System, Aviation, Research, Trimble Inc., DGPS, Lidar, Radar, Machine learning, BAE Systems, Algorithm, Pinnacle, LEO, BAE Systems Inc., Artificial intelligence, City, Growth, Region, RTK, Transport, Los Alamos National Laboratory, RF, PNT, Xiaomi, Country, Satellite navigation device, Instrumentation, Timing, Orolia

The global positioning, navigation, and timing (PNT) solution market refers to the industry providing satellite-based positioning, navigation, and timing services to various sectors such as aviation, maritime, land transportation, and defense.

Key Points: 
  • The global positioning, navigation, and timing (PNT) solution market refers to the industry providing satellite-based positioning, navigation, and timing services to various sectors such as aviation, maritime, land transportation, and defense.
  • The global position, navigation, and timing (PNT) solution market has witnessed significant growth and advancements in recent years.
  • The top established position, navigation, and timing (PNT) solution providers hold around 79% of the presence in the market.
  • The start-ups in the market hold around 21% of the global position, navigation, and timing (PNT) solution market.

Global Aircraft Engine Market Report 2023-2028: Digitalization, IoT Integration, and Advanced Materials Transforming the Aircraft Engine Market in the Era of Smart and Sustainable Aviation - ResearchAndMarkets.com

Retrieved on: 
Lundi, juillet 17, 2023
Transport, Air, Aircraft, Heart, Component, Maintenance, Pratt & Whitney, MTU Aero Engines, Bombardier, Boeing, Internet of things, 3D, COVID-19, Aviation, Airport, GE, Research, Digitalization, JV, Internet, US, Acquisition, Air travel, Collection, CFM International, Raytheon Technologies, Data, Growth, Airline, 3D printing

The global aircraft engine market was valued at US$80.09 billion in 2022 and is expected to be worth US$123.88 billion in 2028.

Key Points: 
  • The global aircraft engine market was valued at US$80.09 billion in 2022 and is expected to be worth US$123.88 billion in 2028.
  • The North American region has emerged as a dominant player in the aircraft engine market, the aviation industry is one of the most profitable industries in North America.
  • Moreover, the very high upfront investments required for aircraft engine development, coupled with long-term payback periods, pose a significant challenge to the aircraft engine market.
  • The global aircraft engine market is consolidated across five companies: GE, Pratt & Whitney (owned by Raytheon), Rolls-Royce, Safran, and MTU Aero Engines.