Aerospace

GE Announces Changes to GE Aviation Senior Leadership Team

Retrieved on: 
Monday, June 27, 2022

The Board and I are confident Larry and the GE Aviation leadership team will continue to strengthen this premier franchise and drive lasting growth for its employees and shareholders.

Key Points: 
  • The Board and I are confident Larry and the GE Aviation leadership team will continue to strengthen this premier franchise and drive lasting growth for its employees and shareholders.
  • Stokes re-joined GE Aviation in 2020 following executive leadership roles across multiple GE divisions.
  • Rahul Ghai will join GE as CFO of GE Aviation; Shane Wright to retire after 34 years of service to GE
    Rahul Ghai will start as CFO of GE Aviation on August 15.
  • GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet engines, components and systems for commercial and military aircraft.

Virgin Orbit Formally Establishes New Brazilian Subsidiary and Receives Operator’s License for Launch Operations in Alcântara

Retrieved on: 
Monday, June 27, 2022

Virgin Orbit (Nasdaq: VORB) alongside the Brazilian Space Agency (Agncia Espacial Brasileira; AEB) is pleased to announce that Virgin Orbit has been formally granted an operators license to allow LauncherOne launch operations in Brazil.

Key Points: 
  • Virgin Orbit (Nasdaq: VORB) alongside the Brazilian Space Agency (Agncia Espacial Brasileira; AEB) is pleased to announce that Virgin Orbit has been formally granted an operators license to allow LauncherOne launch operations in Brazil.
  • (VOBRA), a newly formed and wholly owned Brazilian subsidiary dedicated to bringing the LauncherOne air-launch rocket system to the Alcntara Launch Center (Centro de Lanamento de Alcntara, CLA).
  • The Alcntara Launch Center has hosted several launches of suborbital rockets, but the facility has not yet been used to reach Earth orbit.
  • We are very excited to bring orbital launch capability to Brazil, said Dan Hart, CEO of Virgin Orbit.

New Analysis from Global Industry Analysts Reveals Steady Growth for Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP), with the Market to Reach $1.4 Billion Worldwide by 2026

Retrieved on: 
Monday, June 27, 2022

SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) estimated at US$919.3 Million, is projected to reach a revised size of US$1.4 Billion by 2026, growing at a CAGR of 7.5% over the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Terran Orbital Set to Join Russell 3000® Index

Retrieved on: 
Monday, June 27, 2022

Membership in the US all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.

Key Points: 
  • Membership in the US all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.
  • Russell indexes are widely used by investment managers and institutional investors for index funds, and as benchmarks for active investment strategies.
  • Russell indexes are part of FTSE Russell, a leading global index provider.
  • For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .

Terran Orbital Integrates CAPSTONE Aboard Rocket Lab Electron Rocket

Retrieved on: 
Friday, June 24, 2022

Terran Orbital Corporation (NYSE: LLAP ), a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, today announced the successful integration of the CAPSTONE spacecraft aboard the Rocket Lab Electron rocket.

Key Points: 
  • Terran Orbital Corporation (NYSE: LLAP ), a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, today announced the successful integration of the CAPSTONE spacecraft aboard the Rocket Lab Electron rocket.
  • The Terran Orbital team produced CAPSTONEs hardware, assembled and tested the spacecraft, and integrated the satellite for its upcoming launch.
  • CAPSTONE is an enormous achievement for small spacecraft exploration, said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell.
  • For real-time updates on the CAPSTONE mission in the lead-up to launch, follow Terran Orbital, NASA, Rocket Lab, and Advanced Space on Twitter.

Eaton promotes Taras “Terry” Szmagala Jr. and Nancy Berardinelli-Krantz to new leadership positions within Legal team

Retrieved on: 
Friday, June 24, 2022

Power management company Eaton (NYSE:ETN) today announced Taras Terry Szmagala Jr. has been named executive vice president and chief legal officer.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced Taras Terry Szmagala Jr. has been named executive vice president and chief legal officer.
  • Szmagala holds a bachelors degree from the University of Virginia and a juris doctorate from the University of Virginia School of Law.
  • Additionally, Nancy Berardinelli-Krantz has been named senior vice president and deputy chief legal officer reporting to Szmagala.
  • Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.

World Urban Air Mobility Market 2022: Ridesharing Companies are Projected to Dominate the Market from 2025 to 2030 - ResearchAndMarkets.com

Retrieved on: 
Friday, June 24, 2022

The infrastructure solutions and platform segments are segmented based component in the urban air mobility market.

Key Points: 
  • The infrastructure solutions and platform segments are segmented based component in the urban air mobility market.
  • From 2025 to 2030, the infrastructure segment of the urban air mobility market is expected to grow at the fastest rate of 58.7%.
  • The North American urban air mobility market is projected to grow at the highest rate during the forecast period.
  • Wisk (US), Lilium (Germany), EHang (China), Volocopter (Germany), and Airbus A3 (US) are some of the key players operating in the urban air mobility market.

Sidus Space CEO selected to speak at International Space Convention and World Satellite Business Week

Retrieved on: 
Friday, June 24, 2022

(NASDAQ:SIDU), a Space-as-a-Service satellite company focused on mission critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support, is proud to announce that Sidus Space CEO and Founder Carol Craig has been selected as an in-person speaker for International Space Convention (ISC) 2022 in Bursa, Turkey, on Sept. 9-11 and the 25th anniversary of World Satellite Business Week (WSBW) in Paris, France, on Sept. 12-16.

Key Points: 
  • (NASDAQ:SIDU), a Space-as-a-Service satellite company focused on mission critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support, is proud to announce that Sidus Space CEO and Founder Carol Craig has been selected as an in-person speaker for International Space Convention (ISC) 2022 in Bursa, Turkey, on Sept. 9-11 and the 25th anniversary of World Satellite Business Week (WSBW) in Paris, France, on Sept. 12-16.
  • WSBW is one of the leading global business space events that brings together 1,000 business leaders annually to discuss the future of the global satellite and space industry.
  • Sidus Space will also have a booth at the event, and you can register for an in-person or virtual experience here .
  • More than just a Satellite-as-a-Service provider, Sidus Space is a trusted Mission Partnerfrom concept to Low Earth Orbit and beyond.

RBC Bearings Receives Boeing 2022 Supplier of the Year Award

Retrieved on: 
Friday, June 24, 2022

The entire RBC Bearings organization is very proud of the Supplier of the Year Award from Boeing.

Key Points: 
  • The entire RBC Bearings organization is very proud of the Supplier of the Year Award from Boeing.
  • This award is a testimony to RBC Bearings leading manufacturing capabilities and our customer focus.
  • Award categories are: Supplier Diversity, Outstanding Performance, Alliance, Pathfinder, Supply Chain Visibility, Collaboration, Sustainability, Risk Management and Support & Services.
  • RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision bearings, components and essential systems.

STAR.VISION has the Help of CVPR 2022 AI Satellite in the Space Age

Retrieved on: 
Friday, June 24, 2022

STAR.VISION won two runner-up prizes in the Multimodal Learning for Earth and Environment (MultiEarth 2022) competition, and was the only space company on the list.

Key Points: 
  • STAR.VISION won two runner-up prizes in the Multimodal Learning for Earth and Environment (MultiEarth 2022) competition, and was the only space company on the list.
  • The world's major AI giants and unicorns, such as Ali, Shang Tang, and Megvii, have proved their competence at CYPRUS.
  • STAR.VISION was runner-up in two sub-tasks of the CVPR 2022 Earth and Environment Multimodal Challenge - Matrix Complementation and Multimodal Image Translation.
  • STAR.VISION is transforming the business logic of the space industry by increasing market scale, reducing satellite costs, and increasing application revenues.