Altitude

Anti-Drone Market worth $5.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, October 17, 2023

The electronic system segment is expected to capture ~52% of market share in 2028.

Key Points: 
  • The electronic system segment is expected to capture ~52% of market share in 2028.
  • By application: detection and disruption application to account for the largest market share in the forecasted year.
  • The detection and disruption segment accounted for the largest share of ~80% of the anti-drone industry , by application, in 2028.
  • The military and defense vertical are expected to capture ~68% of market share in 2028.

DEKRA ACQUIRES WEISS TECHNIK ENVIRONMENTAL TESTING LABORATORIES

Retrieved on: 
Tuesday, October 17, 2023

ATLANTA , Oct. 17, 2023 /PRNewswire/ -- DEKRA has successfully completed the acquisition of the environmental testing laboratories of Weiss Technik Testing Services.

Key Points: 
  • ATLANTA , Oct. 17, 2023 /PRNewswire/ -- DEKRA has successfully completed the acquisition of the environmental testing laboratories of Weiss Technik Testing Services.
  • This strategic move adds an extensive range of environmental testing services, further strengthening DEKRA's product testing portfolio in North America.
  • The A2LA-accredited environmental testing in Michigan will complement DEKRA's existing ISO 17025-accredited testing laboratories in North America.
  • DEKRA is committed to a seamless transition for customers and employees of Weiss Technik Testing Services.

Altitude Acquisition Corp. Announces Extension of Deadline to Complete Initial Business Combination

Retrieved on: 
Friday, October 6, 2023

ATLANTA, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) (“Altitude”), announced today that its board of directors (the “Board”), upon request by Altitude’s sponsor, Altitude Acquisition Holdco LLC (the “Sponsor”), has extended the date by which Altitude must consummate an initial business combination (the “Deadline Date”) for an additional month, from October 11, 2023 to November 11, 2023.

Key Points: 
  • ATLANTA, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) (“Altitude”), announced today that its board of directors (the “Board”), upon request by Altitude’s sponsor, Altitude Acquisition Holdco LLC (the “Sponsor”), has extended the date by which Altitude must consummate an initial business combination (the “Deadline Date”) for an additional month, from October 11, 2023 to November 11, 2023.
  • On October 6, 2023, pursuant to the Charter and upon request from the Sponsor, the Board determined to implement a seventh Extension.
  • As previously announced, on April 23, 2023, Altitude entered into a business combination agreement (the “Business Combination Agreement”) with Picard Medical, Inc. (“Picard”) and the other parties thereto, which provides for a business combination between Altitude and Picard.
  • The purpose of this monthly Extension is to provide Altitude with additional time to consummate the proposed business combination with Picard.

Textron Aviation adds cutting-edge Garmin Autothrottle system to the Cessna Citation M2 Gen2

Retrieved on: 
Friday, October 13, 2023

Textron Aviation , an industry leader in bringing new aircraft and product updates to market, today announced that its renowned Cessna Citation M2 Gen2 will include Garmin Autothrottles beginning in mid-2025, reducing pilot workload and improving the flying experience.

Key Points: 
  • Textron Aviation , an industry leader in bringing new aircraft and product updates to market, today announced that its renowned Cessna Citation M2 Gen2 will include Garmin Autothrottles beginning in mid-2025, reducing pilot workload and improving the flying experience.
  • View the full release here: https://www.businesswire.com/news/home/20231011652439/en/
    Cessna Citation M2 Gen2 (Photo: Business Wire)
    The Cessna Citation M2 Gen2 is designed and produced by Textron Aviation Inc. , a Textron Inc. (NYSE: TXT) company.
  • Garmin Autothrottles further enhances the Citation M2 Gen2's capabilities by optimizing engine power, simplifying flight management and increasing overall operating efficiency.
  • "Adding Garmin Autothrottles into the Citation M2 Gen2 exemplifies Textron Aviation's ongoing commitment to product investment across our entire product lineup,” said Lannie O’Bannion, senior vice president, Sales & Flight Operations.

Spire Global Selected for NASA IDIQ Contract with $476 Million Ceiling

Retrieved on: 
Thursday, October 5, 2023

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has been selected for a Multiple-Award, Indefinite Delivery Indefinite Quantity (IDIQ) contract by NASA to provide Earth observation data for the agency’s Commercial Smallsat Data Acquisition (CSDA) Program.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has been selected for a Multiple-Award, Indefinite Delivery Indefinite Quantity (IDIQ) contract by NASA to provide Earth observation data for the agency’s Commercial Smallsat Data Acquisition (CSDA) Program.
  • The contract will be effective for five years with the opportunity to compete for task orders under a $476 million shared ceiling amongst all contractors selected.
  • Spire will provide NASA with its comprehensive catalog of Earth observation data, associated metadata and ancillary information from its fully deployed satellite constellation to support NASA’s Earth science research and application activities.
  • “Our long-standing work with NASA and the CSDA Program uniquely positions us to continue delivering high-quality Earth observation data and innovative solutions that contribute to a more sustainable future.”
    Spire has participated in the agency’s CSDA Program since its pilot in 2018.

PACE Aerospace and Nexteon Technologies to Provide FPO-SR Real-Time Optimization for JetBlue Fleets

Retrieved on: 
Monday, October 9, 2023

AMBLER, Pa. and BERLIN , Oct. 9, 2023 /PRNewswire-PRWeb/ -- PACE Aerospace and Information Technology GmbH (PACE), a subsidiary of TXT e-Solutions Spa (STAR:TXT:MI), and Nexteon Technologies, Inc. (Nexteon) have been selected by JetBlue (Nasdaq:JBLU) to deploy their flight optimization solution — Flight Profile Optimizer with SmartRoutes (FPO-SR) — directly to the pilots on its entire fleet of aircraft, including the A320 family, A220 and E190 aircraft over the coming weeks and months.

Key Points: 
  • FPO-SR combines PACE's established Flight Profile Optimizer (FPO) with Nexteon's innovative SmartRoutes to provide 4D real-time flight optimization and situational awareness enhancement.
  • FPO-SR enables JetBlue pilots to optimize their route, altitude, and speed to save fuel and cost, and provide environmental benefits.
  • FPO-SR's continuous holistic optimization enables JetBlue to benefit from fuel burn savings and reduction in the environmental impact of the emissions.
  • "Our trials have shown that real-time inflight 4D optimization will allow JetBlue to further optimize our fleet and reduce our environmental footprint" he added.

WiMi Proposed UAV Controlled Brain-computer Interface System Based on Semi-autonomous Navigation and Motor Imagery

Retrieved on: 
Thursday, October 5, 2023

WiMi's UAV-controlled brain-computer interface system is based on semi-autonomous navigation and motor imagery.

Key Points: 
  • WiMi's UAV-controlled brain-computer interface system is based on semi-autonomous navigation and motor imagery.
  • In addition, the semi-autonomous navigation subsystem is another key component in WiMi's UAV-controlled brain-computer interface system based on semi-autonomous navigation and motor imagery.
  • WiMi's UAV-controlled brain-computer interface system based on semi-autonomous navigation and motor imagery is a major advancement in the field of UAV development, which has revolutionized UAV handling.
  • The successful development of this brain-computer interface system is of great significance to the development and popularization of UAV technology, making UAV operation simpler, more intuitive and more efficient.

Somewear Labs Supports Alpha 5 Project with Critical Communications Platform During Record-Setting Formation Skydive

Retrieved on: 
Thursday, September 28, 2023

SAN FRANCISCO, Sept. 28, 2023 /PRNewswire-PRWeb/ -- Today, Somewear Labs, the technology company enabling critical communications for defense, public safety, and commercial teams, announced its participation in the Alpha 5 Project, a mission to set a new world record for the highest HALO (high altitude, low opening) formation skydive and raise $1 million for the Special Operations Warrior Foundation (SOWF). Somewear Labs partnered with Operator Solutions, a leading provider of specialized search and rescue solutions and the team behind the Alpha 5 Project, to provide critical and reliable communication solutions to ensure the health and safety of the jumpers during this remarkable mission. The record-setting jump took place on Thursday, September 28, 2023 at The New Mexico Military Institute in Roswell, NM. The five participating jumpers included four current and former U.S. Air Force Special Warfare Pararescue Specialists (PJs) and entrepreneur, adventurist, and philanthropist Larry Connor.

Key Points: 
  • Accompanied by a balloon pilot and O2 Tech, the jumpers followed HALO safety protocols, wearing full oxygen equipment and human-performance sensors powered by Somewear.
  • From there, the jumpers exited the balloon and linked arms in a five-person formation before safely separating and landing.
  • "We are honored to have participated in this extraordinary, world record-setting event," said James Kubik, Co-Founder and CEO at Somewear Labs.
  • Somewear's software-based critical communications platform provided an elevated level of safety, accountability, and awareness for the Alpha 5 Project team.

Alpha 5 Project Sets New HALO Formation Skydiving World Record to Support Children of Fallen Warriors

Retrieved on: 
Thursday, September 28, 2023

From there, the jumpers exited the balloon, and linked arms in a five-person formation before separating and landing roughly 14 miles east/southeast from the launch site.

Key Points: 
  • From there, the jumpers exited the balloon, and linked arms in a five-person formation before separating and landing roughly 14 miles east/southeast from the launch site.
  • An official observer from Guinness World Records was onsite to validate the jump.
  • “I could not be prouder of the exemplary team behind the Alpha 5 Project that set this world record – including the PJs, and technical experts who enabled us to do this safely and successfully,” said Connor.
  • “We share this record with each and every person who contributed to the mission.

China University of Geosciences (Beijing) Researchers Provide New Insights into the Formation of the Tibetan Plateau

Retrieved on: 
Thursday, September 28, 2023

The Tibetan Plateau is usually thought to have been formed by the collision between the Indian and Eurasian plates.

Key Points: 
  • The Tibetan Plateau is usually thought to have been formed by the collision between the Indian and Eurasian plates.
  • But this claim is controversial owing to a lack of unaltered terrestrial sediments required for estimating the past elevation of the Tibetan Plateau through paleoaltimetry techniques.
  • Now, a groundbreaking study, led by Professor Chengshan Wang from the School of Earth Sciences and Resources at China University of Geosciences, has employed an innovative approach to paleoaltimetry to obtain remarkable insights into the formation of the Tibetan Plateau.
  • The Tibetan Plateau has always fascinated humankind, but this study brings us a step closer to the understanding of its remarkable history.