RTX

RTX recognized for industry leading innovation in patented technology

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木曜日, 4月 25, 2024
RTX, AI, European Patent Convention, Innovation, Research, Artificial intelligence, University, Patent, Annual report, EPO, Organization, Aviation

ARLINGTON, Va., April 25, 2024 /PRNewswire/ -- RTX (NYSE: RTX) received recognition from three separate organizations for innovation in patented technology. The Harrity Patent Analytics Patent 300® List, The European Patent Office (EPO) Patent Index, and The Clarivate™ Top 100 Global Innovators all issued their 2024 rankings naming RTX in the top 15 in each list.

Key Points: 
  • ARLINGTON, Va., April 25, 2024 /PRNewswire/ -- RTX (NYSE: RTX) received recognition from three separate organizations for innovation in patented technology.
  • "Innovation is the fuel that powers advanced technology development," said RTX Chief Technology Officer Juan de Bedout.
  • The EPO Patent Index in an annual report detailing the top applicants for European patents as well as highlighting trends in technology development and fields of innovation.
  • RTX ranked 10th on the 2024 list, the top ranking for an American company and the highest ranked in the aerospace and defense industry.

RTX breaks ground on $115 million expansion of Alabama missile integration facility

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火曜日, 4月 23, 2024
Raytheon Technologies, RTX, Standard Missile, GPI, Arms industry

HUNTSVILLE, Ala., April 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 million, 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility, which will increase the factory's space for integrating and delivering on critical defense programs by more than 50 percent.

Key Points: 
  • HUNTSVILLE, Ala., April 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 million, 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility, which will increase the factory's space for integrating and delivering on critical defense programs by more than 50 percent.
  • The expansion will also bring an estimated 185 new jobs to the area, growing RTX's employee footprint in Alabama to more than 2,200 people.
  • Raytheon's Redstone facility is the final integration point for many missile programs for the U.S. Missile Defense Agency, U.S. Navy, and other defense customers.
  • With the expansion of our Missile Integration Facility at Redstone, Raytheon is demonstrating its ability and commitment to continued GPI development.

RTX Reports Q1 2024 Results

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火曜日, 4月 23, 2024
Acquisition, Capital expenditure, Growth, Intelligence, RTX, GTF, GAAP, Computer security, EPS, History, Pharmaceutical industry

ARLINGTON, Va., April 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported first quarter 2024 results.

Key Points: 
  • RTX delivers strong 12% sales growth; Q1 book-to-bill of 1.34 with an RTX record backlog of $202B; Reaffirms full year outlook
    ARLINGTON, Va., April 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported first quarter 2024 results.
  • "We are making progress on our key priorities to deliver for customers and shareowners, including executing on our GTF fleet management plans, which remain on track."
  • RTX reported first quarter sales of $19.3 billion, up 12 percent over the prior year.
  • Capital expenditures were $467 million, resulting in a free cash outflow* of $125 million.

RTX signs its largest renewable electricity deal to date

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木曜日, 4月 18, 2024
RTX, Raytheon Technologies, Electricity, ENGIE, Carbon, Guarantee of origin, Trio, Renewable energy

ARLINGTON, Va., April 18, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced an agreement with a subsidiary of ENGIE North America (ENGIE) that will provide 100% renewable electricity to 12 of the company's Texas facilities. The agreement with ENGIE Resources LLC, which runs through 2033, will begin with six RTX locations in Texas in 2024 and expand to 12 locations by 2028. The deal is RTX's largest renewable energy procurement to date, nearly doubling the company's usage of renewable electricity in 2023. 

Key Points: 
  • ARLINGTON, Va., April 18, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced an agreement with a subsidiary of ENGIE North America (ENGIE) that will provide 100% renewable electricity to 12 of the company's Texas facilities.
  • The deal is RTX's largest renewable energy procurement to date, nearly doubling the company's usage of renewable electricity in 2023.
  • "Increasing our use of renewable electricity is a core focus of RTX's strategy to reduce greenhouse gas emissions across our operations," said Annette McNeely, vice president, Environment, Health & Safety for RTX.
  • The remainder of RTX's load for 2024 and beyond will be sourced with electricity and RECs from several ENGIE renewable electricity projects in Texas, primarily new projects.

RTX provides Blue Canyon satellite to help solve a crucial climate challenge

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水曜日, 4月 10, 2024
MethaneSAT, Climate, Research, Agriculture, RTX, Environmental Defense Fund, Methane, Earth science, Saturn, Communications satellite

LAFAYETTE, Colo., April 10, 2024 /PRNewswire/ -- Blue Canyon Technologies, RTX's (NYSE: RTX) small satellite manufacturer and mission services provider, announced the successful launch and initial contact with the MethaneSAT satellite.

Key Points: 
  • LAFAYETTE, Colo., April 10, 2024 /PRNewswire/ -- Blue Canyon Technologies, RTX's (NYSE: RTX) small satellite manufacturer and mission services provider, announced the successful launch and initial contact with the MethaneSAT satellite.
  • Blue Canyon provided its largest small satellite platform, the Saturn-class bus, integrated with infrared spectrometers that will be used to detect the colorless and odorless gas methane.
  • "Blue Canyon Technologies' proven technical solutions will support this critical mission for the future of our planet and the continued exploration of Earth sciences," said Chris Winslett, general manager for Blue Canyon Technologies.
  • Data from MethaneSAT, the most advanced methane tracking satellite in space, will help policymakers and industry find and fix the problem faster and more effectively.

EQS-News: Grünenthal reports strong 2023 results with record revenue and continued investments in R&D and acquisitions

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水曜日, 4月 10, 2024
Trigeminal neuralgia, Knee, Growth, Rheumatoid arthritis, Neuropathic pain, Pain, GRM, DPN, ESG, Patient, Prednisolone, Research, Sustainalytics, Breakthrough, Glucocorticoid, Quality of life, PSNP, Research and development, Investment, Diabetic neuropathy, NOP, Kyowa Kirin, Osteoarthritis, RTX, Food, FDA, Corporation, Pharmaceutical industry

In 2023, Grünenthal generated €1.8 billion in revenues, an increase of 10 percent over the prior year.

Key Points: 
  • In 2023, Grünenthal generated €1.8 billion in revenues, an increase of 10 percent over the prior year.
  • Grünenthal owns 51 percent of the new enterprise Grünenthal Meds and intends to acquire the remaining share in 2026.
  • Aachen, Germany, 25 March 2024 – Grünenthal, the leading pharmaceutical company in pain research and management, released its 2023 full-year results, announcing a double-digit revenue growth.
  • The 2023 results were driven by strong business performance in the United States, Latin America and Europe.

Follow the Money in Defense Stocks - The Sky's the Limit

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水曜日, 3月 27, 2024
Research, Raytheon Technologies, MOU, Partnership, LMT, MMDS, Electronics, IBCS, GlobalData, News, Marketing, United States Army, Lockheed Martin, Atmosphere, Grumman, PCM, Fire, Northrop Grumman, Atmosphere of Earth, KULR, RTX, USD, Army, Arms industry

This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems.

Key Points: 
  • This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems.
  • With over two decades of pioneering work in heat dissipation technologies, KULR has become a trusted provider for demanding sectors including defense, aerospace and beyond.
  • Raytheon, an RTX business, was recently awarded a $1.2 billion contract to supply Germany with Patriot® air and missile defense systems.
  • (NYSE American: KULR), the defense industry represents an opportunity to capitalize on their innovative energy efficiency technology solutions and the sky is the limit.

Seyond to Expand LiDAR Solutions for Autonomous Vehicles with NVIDIA DriveWorks and Omniverse Integration

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月曜日, 3月 18, 2024
Universal Scene Description, NIO, Algorithm, GPU, AVS, Business, Classification, Business development, Transport, ES7, OEM, API, Safety, Lidar, RTX, NVIDIA, Omniverse, Nvidia Omniverse, Video game

Collaboration with NVIDIA looks to enable more functional, streamlined design for automotive LiDAR integration

Key Points: 
  • Collaboration with NVIDIA looks to enable more functional, streamlined design for automotive LiDAR integration
    SUNNYVALE, CA, Mar 19, 2024 - (ACN Newswire) - Seyond, a leading global provider of high-performance LiDAR solutions for autonomous vehicles and smart transportation, today announced its collaboration with NVIDIA to integrate Seyond's cutting-edge LiDAR solutions within the NVIDIA DriveWorks and NVIDIA Omniverse platforms.
  • By combining Seyond's industry-leading LiDAR technology and expertise with NVIDIA's expansive automotive development solutions, Seyond looks to transform the way autonomous vehicles are designed, developed and tested.
  • NVIDIA DriveWorks is the foundation for autonomous vehicle software development and deployment, and now offers Seyond's LiDAR as one of its many versatile tools.
  • "The integration of Seyond's LiDAR solutions into DriveWorks and Omniverse is indicative of our commitment to producing high-quality, rigorously tested LiDAR solutions to further the development of safer, smarter and more efficient autonomous driving and smart infrastructure solutions worldwide," said Ezana Tesfu, Director of Business Development at Seyond.

Overland AI Awarded $18.6 Million-ceiling Prototype OT to Develop Autonomous Navigation for U.S. Army’s Robotic Combat Vehicles

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水曜日, 4月 3, 2024
Environment, DIU, Palantir Technologies, Risk, Artificial intelligence, Sand, Overdrive, GPS, Transport, Software, Defense Innovation Unit, Human, Robotics, Argo AI, RCV, Ice, RTX, SpaceX, Palmer Luckey, Marine Corps Expeditionary Medal, DARPA, Army, Medical device

The 24-month award calls for Overland AI to join the Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S. Army’s Robotic Combat Vehicle (RCV).

Key Points: 
  • The 24-month award calls for Overland AI to join the Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S. Army’s Robotic Combat Vehicle (RCV).
  • Experts from the U.S. Army and DIU selected Overland AI, along with Anduril Industries and Palantir Technologies, to begin prototyping for the Robotic Combat Vehicle’s Software Pathways line of effort.
  • While the other contractors will focus on developing systems integration software, Overland AI will adapt its proven OverDrive solution to prototype autonomous vehicles capable of traversing complex terrain in contested areas without GPS support.
  • Overland AI delivers state-of-the-art robotics and autonomous vehicle solutions for any terrain and any conditions.

RTX's Pratt & Whitney announces North American Technology Accelerator

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火曜日, 4月 9, 2024
Automation, Pratt & Whitney, Intelligence, MRO, Research, Combined, Robotics, NATA, STA, Language, RTX, GTF

CHICAGO, April 9, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced details of its North American Technology Accelerator (NATA), a commercial and military aftermarket operations center of excellence based in Florida. The NATA will have dedicated floor space, equipment and resources for the development and industrialization of technology insertion programs that will support the company's global maintenance, repair and overhaul (MRO) network.

Key Points: 
  • CHICAGO, April 9, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced details of its North American Technology Accelerator (NATA), a commercial and military aftermarket operations center of excellence based in Florida.
  • With this new additive repair technology alone, Pratt & Whitney expects to recover $100 million worth of parts over next five years to support GTF MRO ramp.
  • NATA complements Pratt & Whitney's fully operational Singapore Technology Accelerator (STA), which was established in September 2022 with a focus on robotics, advanced inspection, connected factory and shop digital twin.
  • Combined annual savings of at least $24 million is expected from Pratt & Whitney's accelerator programs.