Aircraft

Global $18+ Bn Military Trainer Aircraft Market and Technology Forecast to 2032 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 27, 2024

The "Military Trainer Aircraft - Market and Technology Forecast to 2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Military Trainer Aircraft - Market and Technology Forecast to 2032" report has been added to ResearchAndMarkets.com's offering.
  • These are elements that drive the market for military trainer aircraft.
  • Overview: Snapshot of the Trainer Aircraft technology in the military market during 2024-2032, including highlights of the demand drivers, trends, and challenges.
  • Market Dynamics: Insights into the technological developments in the Military Trainer Aircraft market and a detailed analysis of the changing preferences of governments around the world.

Thermal Countermeasure Market - Global and Regional Analysis and Forecasts, 2023-2033: Utilization of 3D Printing in Manufacturing and Improved Capabilities through Integration with IoT - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 27, 2024

The "Thermal Countermeasure Market - A Global and Regional Analysis: Focus on Platform, Product Type, Integration Type, and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Thermal Countermeasure Market - A Global and Regional Analysis: Focus on Platform, Product Type, Integration Type, and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
  • Thermal countermeasures represent a key breakthrough in modern fighting and defensive methods, notably in military and security situations.
  • Moreover, favorable government policies are also expected to support the growth of the thermal countermeasures market in North America and Europe during the forecast period.
  • In North America, the U.S. is anticipated to show the highest growth in the thermal countermeasures market among other countries in North America.

Spire Global Announces Space Services Deal to Scale Constellation for HANCOM InSpace

Retrieved on: 
Wednesday, March 27, 2024

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3 two additional satellites with Spire Space Services.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3 two additional satellites with Spire Space Services.
  • Sejong-1, a Spire satellite carrying an optical payload for Hancom, launched in May 2022 on the SpaceX Transporter-5 Mission from Cape Canaveral Space Force Station.
  • "Collaborating with Hancom on the expansion of their satellite constellation is a testament to the innovative spirit driving advancements in the South Korean space industry,” said Frank Frulio, general manager of Space Services at Spire.
  • “Collaborating with Spire Global underscores our commitment to advancing the capabilities of our satellite constellation.

Oshkosh Corporation Named to Fast Company’s 2024 World’s Most Innovative Companies List

Retrieved on: 
Tuesday, March 26, 2024

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024 .

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024 .
  • View the full release here: https://www.businesswire.com/news/home/20240326954988/en/
    Oshkosh Corporation announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024.
  • Fast Company recognized Oshkosh Corporation’s electrification efforts.
  • “Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year,” said Fast Company editor-in-chief Brendan Vaughan.

SPEEA Wins Reinstatement for Seven Boeing Pilots in Labor Case

Retrieved on: 
Tuesday, March 26, 2024

The Boeing Company violated federal labor law by retaliating against seven of its instructor pilots who had engaged in union activity, a federal administrative law judge ruled.

Key Points: 
  • The Boeing Company violated federal labor law by retaliating against seven of its instructor pilots who had engaged in union activity, a federal administrative law judge ruled.
  • “The ruling is a resounding win for our union-represented pilots,” said Ray Goforth, the executive director of SPEEA, IFPTE Local 2001, which represented the Boeing instructor pilots before their work was outsourced to third-party contractors.
  • These Flight Training Airplane (FTA) pilots, along with Flight Technical and Safety (FTS) pilots, make up the SPEEA Pilots and Instructors Unit (SPIU).
  • SPEEA represents more than 19,000 engineers, scientists, pilots and technical workers at Boeing in Washington, Kansas, California, Oregon and Utah and Spirit AeroSystems facilities in Kansas.

KBRA Affirms Air Lease’s A- Issuer, Senior Unsecured Debt Ratings and BBB Preferred Share Rating with Stable Outlook and Assigns A- Rating to Air Lease’s Medium-Term Notes

Retrieved on: 
Friday, March 22, 2024

KBRA also affirms the A- rating of the Sukuk trust certificates issued by Air Lease Corporation Sukuk Limited.

Key Points: 
  • KBRA also affirms the A- rating of the Sukuk trust certificates issued by Air Lease Corporation Sukuk Limited.
  • In addition, KBRA assigns a senior unsecured rating of A- to €600.0 million 3.70% Medium-Term Notes, Series A, due April 15, 2030.
  • The issuer and senior unsecured ratings of Air Lease are driven by the company’s global franchise, leading market position and highly experienced management team with deep relationships with airlines and OEMs.
  • The Stable Outlook reflects AL’s resilient performance through the pandemic-driven severe downturn and the aftermath from the Russian-Ukraine conflict.

Fonon Highlights Its Titan FX Laser Cutting Systems for Applications in the Defense Industry

Retrieved on: 
Friday, March 22, 2024

Fonon Corporation , a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, highlights applications for its laser cutting technologies for manufacturing in the defense industry.

Key Points: 
  • Fonon Corporation , a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, highlights applications for its laser cutting technologies for manufacturing in the defense industry.
  • Fonon is proud to serve manufacturers in the defense industry by offering its precision metal cutting solution, the Titan FX Laser Cutting System.
  • The Titan FX is a flatbed multipurpose fiber laser cutting system available in several sizes that offers a high-performance, cost-effective way to cut metals, including highly reflective metals.
  • The defense industry uses highly reflective metals across a multitude of applications, from transport and ballistics to protective gear components.

Surf Air Mobility Enters Agreement to Supply Electric Powertrains to Tanzanian Cessna Caravan Operator Auric Air

Retrieved on: 
Friday, March 22, 2024

Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a leading regional air mobility platform, has entered into a memorandum of understanding with Auric Air Services Ltd. (“Auric Air”), a Tanzania-based regional air operator flying both scheduled and charter service across East Africa, to upgrade up to 12 of Auric Air’s Cessna Grand Caravan aircraft with Surf Air’s proprietary electrified powertrain technology once certified.

Key Points: 
  • Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a leading regional air mobility platform, has entered into a memorandum of understanding with Auric Air Services Ltd. (“Auric Air”), a Tanzania-based regional air operator flying both scheduled and charter service across East Africa, to upgrade up to 12 of Auric Air’s Cessna Grand Caravan aircraft with Surf Air’s proprietary electrified powertrain technology once certified.
  • Surf Air now has approximately 13% of the Cessna Caravan market in Africa under agreement to upgrade to its electrified powertrains, once certified.
  • Surf Air is developing Supplemental Type Certifications for both hybrid and fully-electric variants of the Cessna Grand Caravan.
  • “It’s exciting to have Auric Air share our mission of reducing emissions through electrified aircraft,” said Stan Little, CEO of Surf Air Mobility.

Veryon's AI-powered Diagnostics solution wins Excellence in Artificial Intelligence Award

Retrieved on: 
Wednesday, March 20, 2024

Veryon , a leading provider of information services and software solutions for the aviation industry, recently announced its Veryon Diagnostics solution has been named a winner in the Artificial Intelligence Excellence Awards program presented by Business Intelligence Group.

Key Points: 
  • Veryon , a leading provider of information services and software solutions for the aviation industry, recently announced its Veryon Diagnostics solution has been named a winner in the Artificial Intelligence Excellence Awards program presented by Business Intelligence Group.
  • This business awards program aims to recognize those organizations, products and people who bring Artificial Intelligence (AI) to life and apply it to solve real problems.
  • The industry-leading solution combines the power of Defect Analysis and Guided Troubleshooting tools into a single, seamless software solution designed for commercial operators and original equipment manufacturers (OEMs).
  • "We are truly honored to recognize Veryon with this prestigious award," said Maria Jimenez, chief nominations officer for Business Intelligence Group.

Joby Widens USAF Partnership, Will Deliver Two eVTOL Aircraft to MacDill AFB

Retrieved on: 
Tuesday, March 19, 2024

Personnel will test and train with the aircraft based at MacDill AFB, on base and in the surrounding area.

Key Points: 
  • Personnel will test and train with the aircraft based at MacDill AFB, on base and in the surrounding area.
  • Joby delivered its first aircraft to Edwards Air Force Base in California in September 2023, with a second aircraft expected to be placed on the base this year.
  • In 2020, Joby became the first eVTOL developer to receive military airworthiness approval for its pre-production prototype aircraft.
  • Joby will continue to train USAF pilots and maintainers, and other government partners, on this new category of electric aircraft.