Defense

L3Harris Appoints Company's First Country Leader in Japan

Wednesday, October 20, 2021 - 9:59pm

L3Harris Technologies (NYSE:LHX) has named international aerospace and defense veteran Daniel Zoot as the new Corporate Vice President of L3Harris Technologies Japan.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) has named international aerospace and defense veteran Daniel Zoot as the new Corporate Vice President of L3Harris Technologies Japan.
  • Zoot will establish L3Harris first corporate office in Tokyo to help customers address their toughest technology and national security challenges.
  • L3Harris has provided advanced technology solutions to government and commercial customers across Japan for years.
  • L3Harris has targeted investment in those domains, and formalizing the companys presence in Japan reflects L3Harris commitment to expand its global focus and support to key U.S. allies.

Mirion Technologies Announces Completion of Business Combination with GS Acquisition Holdings Corp II

Wednesday, October 20, 2021 - 9:05pm

Mirion Technologies, Inc. (Mirion), a leading provider of detection, measurement, analysis and monitoring solutions to the nuclear, defense, medical and research end markets, today announced that it has closed its previously announced business combination with GS Acquisition Holdings Corp II (GSAH).

Key Points: 
  • Mirion Technologies, Inc. (Mirion), a leading provider of detection, measurement, analysis and monitoring solutions to the nuclear, defense, medical and research end markets, today announced that it has closed its previously announced business combination with GS Acquisition Holdings Corp II (GSAH).
  • Prior to the closing of the business combination, Mirion was majority owned by Charterhouse Capital Partners LLP (Charterhouse), one of the longest established private equity firms operating in Europe, which first invested in Mirion in 2015.
  • Prior to the closing of the business combination, Mirion was majority owned by Charterhouse Capital Partners LLP.
  • GS Acquisition Holdings Corp II (NYSE: GSAH) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses.

Kopin Corporation to Report Third Quarter of 2021 Financial Results on Tuesday, November 2, 2021

Wednesday, October 20, 2021 - 9:30pm

Kopin Corporation (NASDAQ: KOPN), a leading developer of innovative wearable computing technologies and solutions, will announce its financial results for the third quarter of 2021 on Tuesday, November 2, 2021 at 8:30am ET.

Key Points: 
  • Kopin Corporation (NASDAQ: KOPN), a leading developer of innovative wearable computing technologies and solutions, will announce its financial results for the third quarter of 2021 on Tuesday, November 2, 2021 at 8:30am ET.
  • On the call, President and Chief Executive Officer Dr. John C.C.
  • Fan and Richard Sneider, the Company's Treasurer and Chief Financial Officer, will discuss Kopin's financial results, strategy, and business outlook.
  • Kopin Corporation is a leading developer and provider of innovative display and optical technologies sold as critical components and subassemblies for defense, industrial and consumer products.

EaglePicher® Announces Award for IARPA RESILIENCE Program for Advanced, Innovative Battery Technology Development

Wednesday, October 20, 2021 - 8:16pm

ST. LOUIS, Oct. 20, 2021 /PRNewswire/ --EaglePicher Technologies, a leading innovator of battery power and energy storage systems for defense and aerospace announced today that the Intelligence Advanced Research Projects Activity (IARPA) has awarded their team a contract award for innovative battery technology development.

Key Points: 
  • ST. LOUIS, Oct. 20, 2021 /PRNewswire/ --EaglePicher Technologies, a leading innovator of battery power and energy storage systems for defense and aerospace announced today that the Intelligence Advanced Research Projects Activity (IARPA) has awarded their team a contract award for innovative battery technology development.
  • This partnership & IARPA award allows EaglePicher to move innovative battery technology into full-scale production.
  • The multi-year award is part of IARPA's Robust Energy Sources for Intelligence Logistics in Extreme Novel and Challenging Environments (RESILIENCE) program.
  • EaglePicher will design, model, and optimize the electrochemical cells and integrate them into a full battery system utilizing advanced manufacturing capabilities.

Global Multiple Launch Rocket Systems Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com

Wednesday, October 20, 2021 - 3:46pm

A multiple launch rocket system (MLRS) is a versatile automatic weapon used to fire guided rockets and missiles.

Key Points: 
  • A multiple launch rocket system (MLRS) is a versatile automatic weapon used to fire guided rockets and missiles.
  • How has the global multiple launch rocket systems (MLRS) market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global multiple launch rocket systems (MLRS) market?
  • What is the structure of the global multiple launch rocket systems (MLRS) market and who are the key players?

GS Acquisition Holdings Corp II Expected to Close Business Combination with Mirion Technologies Today; Provides Update on Trust Proceeds

Wednesday, October 20, 2021 - 3:46pm

GS Acquisition Holdings Corp II (GSAH) (NYSE: GSAH, GSAHU, GSAHWS), a special purpose acquisition company, today announced that holders of approximately 5 million shares reversed their redemption status, increasing the GSAH trust proceeds expected to be available for the business combination by approximately $50 million since October 15, 2021.

Key Points: 
  • GS Acquisition Holdings Corp II (GSAH) (NYSE: GSAH, GSAHU, GSAHWS), a special purpose acquisition company, today announced that holders of approximately 5 million shares reversed their redemption status, increasing the GSAH trust proceeds expected to be available for the business combination by approximately $50 million since October 15, 2021.
  • Upon completion of the business combination, GSAH will change its name to Mirion Technologies, Inc.
  • Mirion Technologies is a leading provider of detection, measurement, analysis and monitoring solutions to the nuclear, defense, medical and research end markets.
  • GS Acquisition Holdings Corp II (NYSE: GSAH) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses.

A $2.3 Billion Global Opportunity for Light Field by 2026 - New Research from StrategyR

Wednesday, October 20, 2021 - 4:32pm

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/-- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Light Field - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/-- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Light Field - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Light Field estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$2.3 Billion by 2026, growing at a CAGR of 13.9% over the analysis period.
  • This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Global Laser Technology Market to Reach $18.4 Billion by 2026

Wednesday, October 20, 2021 - 3:17pm

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Laser Technology - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Laser Technology - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Laser Technology estimated at US$13.7 Billion in the year 2020, is projected to reach a revised size of US$18.4 Billion by 2026, growing at a CAGR of 4.9% over the analysis period.
  • The U.S. Market is Estimated at $4.3 Billion in 2021, While China is Forecast to Reach $3.3 Billion by 2026
    The Laser Technology market in the U.S. is estimated at US$4.3 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Raven Industries Gives $150,000 to South Dakota Mines for New Scholarship and Avionics Upgrades

Wednesday, October 20, 2021 - 2:30pm

South Dakota Mines Department of Electrical Engineering has received $150,000 from Raven Industries (NASDAQ:RAVN) to support the universitys new minor in avionics.

Key Points: 
  • South Dakota Mines Department of Electrical Engineering has received $150,000 from Raven Industries (NASDAQ:RAVN) to support the universitys new minor in avionics.
  • View the full release here: https://www.businesswire.com/news/home/20211020005181/en/
    Two South Dakota Mines students use the university flight simulator in the Department of Electrical Engineering.
  • (Photo: Business Wire)
    We are grateful for the ongoing partnership the University has had with Raven Industries, says Mines President Jim Rankin, Ph.D.
  • For decades, Raven has enjoyed a rewarding relationship with South Dakota Mines, and we know first-hand the value of their education, learning experiences and programs, commented Dan Rykhus, President & CEO of Raven Industries.

Advent Technologies Announces Successful Installation of the Advent Fuel Cell System in the Philippine Telecom Sector

Wednesday, October 20, 2021 - 2:00pm

Advent Technologies Holdings, Inc. (NASDAQ: ADN) (Advent) today announced that with its partner, Smart Communications Inc. (Smart), the company has successfully completed the first installation of its HG 5000 fuel cell systems across the Philippines.

Key Points: 
  • Advent Technologies Holdings, Inc. (NASDAQ: ADN) (Advent) today announced that with its partner, Smart Communications Inc. (Smart), the company has successfully completed the first installation of its HG 5000 fuel cell systems across the Philippines.
  • The delivery Agreement was made earlier this year between Smart in the Philippines and Advent Technologies A/S in Denmark (formerly SerEnergy A/S).
  • Dr. Vasilis Gregoriou, Advent Technologies Holdings Chairman and CEO said, The successful roll-out of our fuel cell systems is a major step forward in showcasing our commitment to decarbonizing the world at a faster and more efficient rate.
  • Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems, and the critical components for fuel cells in the renewable energy sector.