Aerospace

Tyto Athene, an Arlington Capital Partners Portfolio Company, Bolsters Space System Capabilities Through the Acquisition of Microtel, LLC

Retrieved on: 
Monday, April 8, 2024

Tyto Athene, LLC (“Tyto”), a federal systems integrator of mission-focused digital transformation solutions, has completed its acquisition of Microtel LLC (“Microtel” or the “Company”), a software development and systems engineering firm deeply embedded in long-term, space missions for NASA and international space programs.

Key Points: 
  • Tyto Athene, LLC (“Tyto”), a federal systems integrator of mission-focused digital transformation solutions, has completed its acquisition of Microtel LLC (“Microtel” or the “Company”), a software development and systems engineering firm deeply embedded in long-term, space missions for NASA and international space programs.
  • Tyto is a portfolio company of Arlington Capital Partners (“Arlington”), a Washington, D.C.-area private investment firm specializing in government regulated industries.
  • Tyto is an innovator in Space Domain Awareness and Combat Power with expertise in Space Threat Intelligence Analysis and Modeling and Simulation.
  • This acquisition underscores Tyto’s commitment to delivering exceptional solutions and expanding its presence in critical markets, including its relationship with NASA.

UK Space Agency Awards Space Reactor Development Project to BWXT and Rolls-Royce

Retrieved on: 
Monday, April 8, 2024

The funding enables strategic research collaborations within the UK space sector and emerging space nations to work together on fission nuclear systems for space power missions.

Key Points: 
  • The funding enables strategic research collaborations within the UK space sector and emerging space nations to work together on fission nuclear systems for space power missions.
  • The new $1.5 million award from the fund supports collaboration between Rolls-Royce and BWXT Advanced Technologies LLC (BWXT) to advance the technologies that benefit both the UK and U.S. space nuclear development programs.
  • The contract further strengthens UK and U.S. collaboration on first-of-a-kind space technology innovation as detailed under the Atlantic Declaration commitment.
  • This exciting research by Rolls-Royce to develop space nuclear power is an opportunity to showcase the UK as a spacefaring nation.

Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions

Retrieved on: 
Monday, April 8, 2024

Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .

Key Points: 
  • Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .
  • “ Revitalizing the U.S. shipbuilding industry requires us to adopt a new approach, but we can’t do that if we don’t have control over our national defense supply chain ,” said Fairbanks Morse Defense CEO George Whittier.
  • U.S. shipbuilding has declined since the 1980s when Federal policies supporting a robust American shipbuilding industry were abandoned.
  • Of the six U.S. companies manufacturing large medium-speed diesel engines before 1980, Fairbanks Morse Defense is the only remaining domestic producer.

NEDO Chooses IHI Technology Development Initiative for Green Innovation Fund Project to Accelerate Aircraft Electrification Efforts

Retrieved on: 
Tuesday, April 9, 2024

IHI Corporation(TOKYO: 7013) announces today that the New Energy and Industrial Technology Development Organization (NEDO) has chosen the company’s initiative for electric power control and thermal and air management system technology development for the Next-Generation Aircraft Development Project under that organization’s Green Innovation Fund program.

Key Points: 
  • IHI Corporation(TOKYO: 7013) announces today that the New Energy and Industrial Technology Development Organization (NEDO) has chosen the company’s initiative for electric power control and thermal and air management system technology development for the Next-Generation Aircraft Development Project under that organization’s Green Innovation Fund program.
  • View the full release here: https://www.businesswire.com/news/home/20240408613166/en/
    Prototype of megawatt-class engine-embedded electric machine for use in initiative (Photo: Business Wire)
    For that project, IHI will develop such core aircraft electrification technologies as megawatt-class generators and the world’s most powerful aircraft electric turbo compressor.
  • In doing so, IHI will play a vital role in advancing carbon-neutral aircraft that are both environmentally friendly and economically viable.
  • NEDO decided to create the ¥2 trillion Green Innovation Fund to ramp up efforts to achieve carbon neutrality by 2050, including structurally transforming the energy and industrial sectors and investing extensively in innovation.

Global Optical Satellite Industry Research 2024 Featuring Key manufacturers - Airbus, Israel Aerospace Industries, Thales Group, and Maxar Technologies - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.

Key Points: 
  • Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.
  • Optical satellites offer the capability to capture detailed images with high spatial resolution, enabling precise analysis and decision-making.
  • The increasing institutional space budget positively impacts the optical satellite market by fostering innovation, research, and development of advanced satellite technologies.
  • The key manufacturers in the global optical satellite market are:

U.S. Space Force Awards Rocket Lab Launch Contract for Space Test Program (STP)-S30

Retrieved on: 
Monday, April 8, 2024

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”) today announced it has been awarded a $14.49 million task order by the U.S. Space Force (USSF) to launch an Electron mission from Launch Complex 2.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”) today announced it has been awarded a $14.49 million task order by the U.S. Space Force (USSF) to launch an Electron mission from Launch Complex 2.
  • The mission, called Space Test Program-30 (STP-S30) falls under the Space Systems Command (SSC) Assured Access to Space organization and is part of Orbital Services Program-4 (OSP-4).
  • View the full release here: https://www.businesswire.com/news/home/20240408470615/en/
    Electron at Launch Complex 2 at the Mid-Atlantic Regional Spaceport within NASA Wallops Flight Facility in Virginia.
  • "Flexible, responsive, and reliable launch is critical to ensuring resilient space capabilities for the nation and we’re proud to deliver it to the Space Force once again with Electron,” said Rocket Lab founder and CEO Peter Beck.

Stratasys Elevates Customer Service and Operations, Welcoming a New COO

Retrieved on: 
Monday, April 8, 2024

Stratasys Ltd. (NASDAQ: SSYS) today announced the appointment of Amir Kleiner as Chief Operating Officer.

Key Points: 
  • Stratasys Ltd. (NASDAQ: SSYS) today announced the appointment of Amir Kleiner as Chief Operating Officer.
  • The 12-year Stratasys veteran will lead the company’s Global Operations, MIS, and Quality team, while continuing to manage the Customer Success team.
  • The appointment is set to strengthen the connection between the Customer Success organization and the Operations and Supply Chain divisions.
  • View the full release here: https://www.businesswire.com/news/home/20240408469494/en/
    Kleiner has served in numerous leadership positions during his Stratasys career.

Barnes Aerospace Announces Expanded Aero Engine MRO Facility – East Granby, Connecticut

Retrieved on: 
Tuesday, April 9, 2024

Barnes Aerospace proudly announces the completion of its newly expanded Maintenance, Repair, and Overhaul (MRO) facility in East Granby, Connecticut.

Key Points: 
  • Barnes Aerospace proudly announces the completion of its newly expanded Maintenance, Repair, and Overhaul (MRO) facility in East Granby, Connecticut.
  • View the full release here: https://www.businesswire.com/news/home/20240408434805/en/
    Figure 1: Barnes Aerospace employee inspects the shot peening machine at the Barnes Aerospace East Granby MRO facility in Connecticut.
  • Leveraging existing component repair expertise, we’re better positioned to serve our global customers,” said Ian Reason, Senior Vice President, Barnes and President, Barnes Aerospace.
  • The Barnes Aerospace East Granby facility is a repair station certified by the U.S. Federal Aviation Administration (FAA), the European Aviation Safety Agency (EASA), and the Civil Aviation Administration of China (CAAC).

CTS Engines Secures Approval for CF6-80E1 Engine Test Cell Correlation, Sole Facility in North America Catering to Operators

Retrieved on: 
Monday, April 8, 2024

This milestone achievement underscores CTS Engines' long-term commitment to the CF6 engine line and offers operators another option to fulfill their engine requirements.

Key Points: 
  • This milestone achievement underscores CTS Engines' long-term commitment to the CF6 engine line and offers operators another option to fulfill their engine requirements.
  • View the full release here: https://www.businesswire.com/news/home/20240408369861/en/
    CTS Engines Secures Approval for CF6-80E1 Engine Test Cell Correlation (Photo: Business Wire)
    The CF6-80E1 test cell correlation was approved by the OEM using our state-of-the-art Turbine Control Structure (TCS).
  • With this approval, CTS Engines will stand as the exclusive MRO in North America providing full-scale CF6-80E1 overhaul and testing services for operators."
  • The approval of the test cell correlation for the CF6-80E1 engine reinforces CTS Engines' position as a trusted partner in the aerospace industry for mature turbofan engines.

Enhanced Cessna High-Wing Piston Aircraft Enter into Service Following First Deliveries

Retrieved on: 
Tuesday, April 9, 2024

Textron Aviation today announced the entry into service of its enhanced Cessna Skyhawk , Cessna Skylane, Turbo Skylane and Turbo Stationair HD following first deliveries for each aircraft.

Key Points: 
  • Textron Aviation today announced the entry into service of its enhanced Cessna Skyhawk , Cessna Skylane, Turbo Skylane and Turbo Stationair HD following first deliveries for each aircraft.
  • These latest product investments aim to provide a modern and stylish tone that aligns with the newest Cessna Citation jets, while maintaining the renowned comfort, durability and performance of the iconic Cessna piston lineup.
  • "These enhancements to the iconic Cessna piston family offer improved comfort, functionality and style,” said Chris Crow, vice president, Piston Sales.
  • Textron Aviation's investment in the Cessna piston aircraft lineup demonstrates the company’s continued enthusiasm and support for pilots worldwide, whether they are pursuing training ambitions or planning their next adventure.