Avcon

BUTLER NATIONAL CORPORATION ANNOUNCES SECOND QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS

Retrieved on: 
Monday, December 18, 2023
Annual report, Marketing, Depreciation, Avcon, Beechcraft King Air, Sale, New Century Financial, Acquisition, Cessna 208 Caravan, DraftKings, Certification, Risk, Kansas Lottery, Engineering, Corporation, Sport, STC, Social media, Professional services, Advertising, Aviation, Security (finance), Nature, Federal Aviation Administration, Airline

OLATHE, Kan., Dec. 18, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the second quarter fiscal 2024 ended October 31, 2023. 

Key Points: 
  • Second quarter fiscal 2024 net income was $5.0 compared to a net income of $2.7 in the second quarter fiscal 2023.
  • Second quarter fiscal 2024 operating margin was 18% compared to 21% in second quarter fiscal 2023.
  • Butler National companies, Avcon Industries, Inc. and Butler Avionics, Inc. concentrate on enhancements to Learjet, Beechcraft King Air, Cessna Caravan, Gulfstream, and other turbine powered aircraft.
  • It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements.

BUTLER NATIONAL SUBSIDIARY OBTAINS FAA APPROVAL KING AIR WITH EXTENDED NOSE BAY AND "WHALE POD"

Retrieved on: 
Wednesday, November 1, 2023
Catalog, STC, Boot Hill, Maintenance, OTCQB, MRO, DraftKings, Camp Butler National Cemetery, FAA, Nose, Whaling, Airline, Avcon

NEW CENTURY, Kan., Nov. 1, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces that its subsidiary, Avcon Industries, Inc., obtained Federal Aviation Administration Supplemental Type Certificate (STC) approval of the Avcon nose extension and the Avcon extra-large "Whale Pod" modifications in the King Air Model B300 Airplanes.

Key Points: 
  • Avcon obtained STC SA04581CH for the installation of the Avcon extended nose and the Avcon "Whale Pod" on the King Air Model B300.
  • The Avcon extended nose may allow installation of up to a 20-inch camera or EO/IR sensor.
  • "The 'Whale Pod' is uniquely designed by the Avcon aerospace engineers to minimize drag and maximize available space for King Air Operators," commented Chris Reedy, President and CEO of Butler National Corporation.
  • "Similarly, the Avcon King Air Nose Extension creates new usable space for many different applications.

BUTLER NATIONAL ACQUIRES KC MACHINE BUSINESS

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Monday, October 2, 2023
Maintenance, International Traffic in Arms Regulations, DraftKings, Butler National Golf Club, Culture, ISO, Boot Hill, OTCQB, FAA, Acquisition, Finland's Slot Machine Association, Engineering, Department of Defense Architecture Framework, ITAR, ISO 9001:2015, MRO, 3D printing, Management, Avcon

NEW CENTURY, Kan., Oct. 2, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announced the acquisition of KC Machine, a recognized provider of high-quality precision machine parts, located just outside Kansas City.

Key Points: 
  • "The KC Machine acquisition brings significant synergy to Butler National," said Chris Reedy, President and CEO of Butler National.
  • We anticipate a fairly seamless integration of KC Machine into Butler National while maintaining its existing business levels.
  • Keith Diebold, former CEO of KC Machine, added, "The Butler National acquisition of KC Machine provides growth opportunities and a well-established, reliable corporate owner for the KC Machine employees and customers.
  • Butler National plans to continue promoting the KC Machine Business name and maintain the existing culture at the facility, which already mirrors its own values.

BUTLER NATIONAL AVCON SUBSIDIARY EXPANDS TO KANSAS CITY AREA

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Wednesday, August 9, 2023
Newton, Workforce, Maintenance, DraftKings, Camp Butler National Cemetery, Boot Hill, OTCQB, New Century Financial, FAA, Acquisition, MRO, Airline, Creative industries, Kansas City metropolitan area, Avcon

NEW CENTURY, Kan., Aug. 9, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announced the expansion of its subsidiary, Avcon Industries, Inc., to the New Century Airport, located just outside Kansas City.

Key Points: 
  • Butler National subsidiary Avcon Industries, Inc. expands operations to New Century Airport to Facilitate Growth and Skilled Personnel Demands
    NEW CENTURY, Kan., Aug. 9, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announced the expansion of its subsidiary, Avcon Industries, Inc., to the New Century Airport, located just outside Kansas City.
  • The company's expansion into the Kansas City area from its headquarters in Newton, Kansas will address two primary challenges:  acquisition of a skilled workforce and availability of hangar space.
  • The New Century Airport is home and headquarters to Avcon's parent company, Butler National, as well as Avcon's affiliate, Butler Avionics, Inc.
    "This is an exciting time for Avcon.
  • The Avcon team has been travelling globally to reach new clients and successfully acquire business," said Chris Reedy, CEO of Butler National.

Avcon Industries, Inc. ISR Solutions Receives FAA Approval for King Air Wing-Mounted Hard Points and SAT COM Radome

Retrieved on: 
Thursday, January 20, 2022
2020 General Directorate of Security Super King Air 350 crash, Nature, Forward-looking statement, B200, B300, SEC, OTCQB, NATO, SAT, Risk, An Act to exempt a particular class of securities from the Securities and Exchange Act, Federal Aviation Administration, Beechcraft, COM, Solution, FAA, System, U.S. Securities and Exchange Commission, Intelligence, Aircraft, Company, Supplemental type certificate, Computer Age Management Services, Camp Butler National Cemetery, STC, Beechcraft Super King Air, Securities Exchange Act of 1934, Certification, Security (finance), Aerospace, Annual report, 3D printing, Uranium, Avcon, ISR

The collective modification package, including the Avcon lower fuselage ISR POD, defines the new Avcon ISR NG King Air platform.

Key Points: 
  • The collective modification package, including the Avcon lower fuselage ISR POD, defines the new Avcon ISR NG King Air platform.
  • With its expansion of ISR-capable products, Avcon has developed a new subsidiary, Avcon ISR Solutions, to reinforce the Avcon presence in the ISR marketplace.
  • Avconreceived FAA STC approval of:
    Avcon has deployed its King Air 350 (Model B300) airplane to expand the cost-effective product offerings to create the Avcon ISR NG King Air platform.
  • The Avcon ISR NG King Air includes the Avcon multi-purpose special mission ISR POD (fuselage belly sensor carrying radome/pod compartment), the Avcon hard points with custom-mounted stores, and the Avcon SATCOM Radome.

Avcon Caravan Aircraft Sensor Platform FAA STC Approved

Retrieved on: 
Wednesday, January 5, 2022
ISR, Company, Securities Exchange Act of 1934, Forward-looking statement, Federal Aviation Administration, Textron Aviation, Camp Butler National Cemetery, U.S. Securities and Exchange Commission, Annual report, Security (finance), Risk, SEC, Aerospace, Computer Age Management Services, OTCQB, Aircraft, Caravan, Certification, FAA, Nature, An Act to exempt a particular class of securities from the Securities and Exchange Act, STC, Airline, Risk management, Avcon

FAA Supplemental Type Certificate number SA01975WI approves Avcon fuselage sensor ports with or without the Avcon Mission Power System for the Textron Aviation (Cessna) Model 208/208B.

Key Points: 
  • FAA Supplemental Type Certificate number SA01975WI approves Avcon fuselage sensor ports with or without the Avcon Mission Power System for the Textron Aviation (Cessna) Model 208/208B.
  • The Avcon Caravan Sensor STC solution offers a cost-effective installation of dual sensor holes (ports) in the aft fuselage of the airplane and the optional provisions for custom missionization power for the Caravan.
  • Marcus Abendroth, President of Avcon, said, "This is tremendous break-through project for entering a new aircraft market.
  • The objective of the Avcon Caravan Sensor Platform is to incorporate unique features and functionality gained from Avcon's extensive modification experience.

Juice Technology Launches U.S. Operations, Brings Market Leading Portable Electric Vehicle Chargers to the U.S. Market

Retrieved on: 
Tuesday, May 11, 2021
Electric vehicles, Electric vehicle, Sustainable transport, Charging stations, Inductive charging, Green vehicles, Electric power, Battery electric vehicles, Electrify Canada, Avcon

b'TAMPA, Fla., May 11, 2021 /PRNewswire/ --Juice Technology AG, producer of electric charging stations and software and a market leader in portable charging stations for electric vehicles (EVs), is expanding its market territory to the United States with the founding of the subsidiary Juice Americas Inc.

Key Points: 
  • b'TAMPA, Fla., May 11, 2021 /PRNewswire/ --Juice Technology AG, producer of electric charging stations and software and a market leader in portable charging stations for electric vehicles (EVs), is expanding its market territory to the United States with the founding of the subsidiary Juice Americas Inc.
  • And major automakers such as General Motors are now advancing EV adoption, with plans to electrify all their vehicles by 2035.
  • Portable charging solutions play a key role in this convenience especially in a country with such vast travel distances.
  • Juice has dominated the market for portable 22-kW charging stations since 2014.

ElectReon Presents World's First Dynamic Wireless Charging of a Long-Haul Electric Truck while Driving on a Public Road

Retrieved on: 
Monday, January 25, 2021
Wireless energy transfer, Transport, Inductive charging, Articles, Land transport, Electric vehicle, Electric road, Wireless power transfer, Avcon, Vehicle-to-grid

The system reached stable operation with consistent results, and testing confirmed that snow and ice do not affect the wireless charging capabilities.

Key Points: 
  • The system reached stable operation with consistent results, and testing confirmed that snow and ice do not affect the wireless charging capabilities.
  • The wireless charging of the electric truck on a public road is a significant milestone in the commercialization of the wireless electric road technology developed by ElectReon.
  • "Charging a long-haul truck while driving on an electric road that is open to the public is an exceptional technological achievement coming after years of intense development.
  • ElectReon, a global leader in Dynamic Wireless Power Transfer technology for charging all types of Electric Vehicles (EVs).

Ideanomics Signs a Definitive Agreement to Acquire Utah-based Wireless Charging Provider WAVE

Retrieved on: 
Tuesday, January 5, 2021
Wireless energy transfer, Electric vehicles, Inductive charging, Electric vehicle, Electric power, Charging stations, Green vehicles, Battery electric vehicles, Avcon

Founded in 2011, and headquartered in Salt Lake City, Utah, WAVE is a leading provider of inductive (wireless) charging solutions for medium and heavy-duty electric vehicles (EVs).

Key Points: 
  • Founded in 2011, and headquartered in Salt Lake City, Utah, WAVE is a leading provider of inductive (wireless) charging solutions for medium and heavy-duty electric vehicles (EVs).
  • Deployed since 2012, WAVE has demonstrated the capability to develop and integrate high-power charging systems into heavy-duty electric vehicles from leading commercial EV manufacturers.
  • Wireless charging systems offer several compelling benefits over plug-in-based charging systems, including reduced maintenance, improved health and safety, and expedited energy connection.
  • WAVE has become a market leader in inductive charging systems, which are much better suited for commercial EVs than plug-in charging systems," said Alf Poor, Ideanomics CEO.

DPW Holdings’ Coolisys Power Electronics Business Announces Launch Date and Pricing of Level 2 Residential Electric Vehicle Wall Mount AC Charging System

Retrieved on: 
Friday, October 16, 2020
Charging stations, Green vehicles, Battery types, International Electrotechnical Commission, Electric vehicles, SAE J1772, Wireless energy transfer, Inductive charging, Battery electric vehicles, Avcon

The wall mount charging system is a level 2 AC charger that runs on 240 volts, compatible with the J1772 standard, with the option to add an adapter to charge Tesla vehicles.

Key Points: 
  • The wall mount charging system is a level 2 AC charger that runs on 240 volts, compatible with the J1772 standard, with the option to add an adapter to charge Tesla vehicles.
  • For those interested receiving a preorder notification, please sign up at https://www.coolisys.com/solutions/electric-vehicle-market/ev-charger-pr...
    Coolisys President and CEO, Amos Kohn said, We are pleased to announce the launch date and pricing of our residential EV wall mount charging system.
  • Coolisys compact, space saving wall mount AC charging system is easy to install and uses advanced charging technology in providing highly efficient and reliable charging service for electric vehicles.
  • DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.