SDA

Global Firefighting Drone Market Forecasted to Reach $2.76 Billion by 2030 as Demand Skyrockets

Retrieved on: 
Wednesday, August 23, 2023
PALM, Insurance, Federal Aviation Administration, Kratos Defense & Security Solutions, Lockheed, Natural Resources, Research and development, Space Development Agency, NASA, NEWS, R, Technology company, News, NYSE, SDA, Defense, Wildfire, TT, BLOS, FNM, FSE, Research, Kratos, Universal Scene Description, Map, Growth, Security (finance), Satellite, NOT, CSE, Nvidia, Civic technology companies, FAA, Compound annual growth rate, TT&C, BA, Firefighter, Tranche, NVDA, Form 10-K, Transport layer, Fire, NEVER, ANY, Transonic, Annual report, LMT, Forestry, Cryptocurrency, Jet fuel, Boeing

PALM BEACH, Fla., Aug. 23, 2023 /PRNewswire/ -- The Firefighting Drone Market has been growing consistently since after the pandemic, and is projected to have substantial growth in the coming years. Firefighting drones can be remotely controlled and can carry firefighting equipment such as foam dispensers or water cannons. The major purpose of designing firefighting drones was to control fires in areas that are inaccessible to firefighters or fire trucks like dense forests and high-rise buildings. These drones are capable to monitor and capture scenes in instances where firefighters and fire trucks cannot reach them. Several benefits associated with firefighting drones to prevent fire damages is expected to drive the market growth over the forecast period. Growing instances of fire-related accidents in the oil and gas industry are majorly driving the demand for firefighters drones. In this industry, drones are being deployed for several applications such as inspection of offshore platforms, leak detection in pipelines, refining equipment, emergency response, and material handling.  As per Cognitive Market Research's latest published report, the Global Firefighting Drone market size was $1.31 Billion in 2022 and it is forecasted to reach $2.76 Billion by 2030. Firefighting Drone Industry's Compound Annual Growth Rate will be 9.8% from 2023 to 2030.  The report said: "In recent years, firefighting drones are used to fight forest fires. These drones can fly immediately to the location and map the affected area. During a forest fire, a firefighter drone gathers information about hitting hot spots with the help of thermal sensors and provides the information to firefighters. Footage or scenes captured by a firefighter drone is converted into a 3D map that allows civil authorities to determine the extent of the damage after the incident and verify damage claims by insurance companies."  Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Lockheed Martin (NYSE: LMT), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Boeing (NYSE: BA), NVIDIA Corporation (NASDAQ: NVDA).

Key Points: 
  • Several benefits associated with firefighting drones to prevent fire damages is expected to drive the market growth over the forecast period.
  • As per Cognitive Market Research's latest published report , the Global Firefighting Drone market size was $1.31 Billion in 2022 and it is forecasted to reach $2.76 Billion by 2030.
  • Firefighting Drone Industry's Compound Annual Growth Rate will be 9.8% from 2023 to 2030.
  • In 2022, North America dominated the firefighting drone market and gained the largest market share of 40.5%.

EQS-News: Space Development Agency taps Mynaric for optical ground station project

Retrieved on: 
Tuesday, August 22, 2023
Associate professor, SDA, Northrop Grumman, Atmosphere, Tranche, Space Development Agency, Northrop, Research, Grumman, FRA, Government, NeXT, Raytheon Technologies, LOS, Communications satellite, Mynaric

LOS ANGELES, August 22, 2023 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by the Space Development Agency (SDA) to contribute to an optical ground terminal demonstration.

Key Points: 
  • LOS ANGELES, August 22, 2023 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by the Space Development Agency (SDA) to contribute to an optical ground terminal demonstration.
  • The research and development program’s mission, slated for 2025, is to demonstrate the successful connection between various space-based optical communications terminals (OCTs) and an optical ground station designed by Mynaric.
  • “The ground station will play an important role in delivering high throughput and communication resiliency to the SDA network.”
    The principal purpose of this research and development program is to collect data and record findings from the connection between various space-based optical communications terminals and the optical ground station.
  • This program will serve as risk reduction for follow-on demonstrations focusing on communications between the optical ground station and the Tranche 0 Transport Layer Space Vehicles.

SunCar Technology Group Inc. Announces Service Agreement with JIDU Auto

Retrieved on: 
Tuesday, August 22, 2023
Insurance, Minor planet, Baidu, SDA, JI, NEVS, VIP, Geely

NEW YORK, Aug. 22, 2023 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (“SunCar” or the “Company”) (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China, today announced that it has recently entered into an exclusive two-year insurance intermediation and after-sales service agreement with JIDU Auto, an electric vehicle venture between China’s tech giant Baidu and Chinese automaker Geely.

Key Points: 
  • NEW YORK, Aug. 22, 2023 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (“SunCar” or the “Company”) (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China, today announced that it has recently entered into an exclusive two-year insurance intermediation and after-sales service agreement with JIDU Auto, an electric vehicle venture between China’s tech giant Baidu and Chinese automaker Geely.
  • Founded in 2021, JIDU Auto launched its pilot car model ROBO-01 in early 2022, now known as JI YUE 01, which Geely has announced is set to debut in Q4 2023.
  • SunCar’s extensive network of over 42,000 service centers around China is ready to provide comprehensive support for JIDU Auto customers.
  • Mr. YE Zaichang, Chairman & CEO of SunCar, commented, “We are delighted to add JIDU Auto to our expanding customer base of leading NEV businesses in China.

Northrop Grumman Selected to Build Tranche 2 Transport Layer-Beta Data Transport Satellites

Retrieved on: 
Monday, August 21, 2023
NOC, Communication, SDA, PWSA, Overalls, Transport, Northrop Grumman, Tranche, Space Development Agency, Northrop, Grumman, NYSE, Communications satellite

WASHINGTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has been selected by the Space Development Agency (SDA) to design and build 36 data transport satellites, the first space vehicles in the latest generation of its low-Earth orbit Proliferated Warfighter Space Architecture (PWSA).

Key Points: 
  • WASHINGTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has been selected by the Space Development Agency (SDA) to design and build 36 data transport satellites, the first space vehicles in the latest generation of its low-Earth orbit Proliferated Warfighter Space Architecture (PWSA).
  • The team will now update the company’s Tranche 1 design to add new broadcast and tactical communications capabilities to PWSA.
  • Northrop Grumman will supply 36 satellites for SDA's Tranche 2 Transport Layer-Beta Data Transport Layer.
  • The design for this latest iteration, known as Tranche 2 Transport Layer Beta (T2TL Beta), builds on the 42 Tranche 1 Transport Layer (T1TL) and 14 Tranche 1 Tracking Layer (T1TRK) satellites that SDA previously announced it had awarded Northrop Grumman.

Lockheed Martin Selected to Deliver 36 Small Satellites to Advance Space Development Agency's Communications Network

Retrieved on: 
Monday, August 21, 2023
Lockheed Martin, SDA, Orbit, Tranche, BLOS, Space Development Agency, Transport layer, Lockheed, Acquisition, NYSE, LMT, Communications satellite

LITTLETON, Colo., Aug. 21, 2023 /PRNewswire/ -- The Space Development Agency (SDA) awarded Lockheed Martin (NYSE: LMT) a firm-fixed price agreement valued at approximately $816 million to build 36 Tranche 2 Transport Layer (T2TL) Beta satellites. T2TL is part of an overarching plan to strengthen deterrence with more resilient space architectures for beyond line-of-sight (BLOS) targeting, data transport, and advanced missile detection and tracking.

Key Points: 
  • LITTLETON, Colo., Aug. 21, 2023 /PRNewswire/ -- The Space Development Agency (SDA) awarded Lockheed Martin (NYSE: LMT) a firm-fixed price agreement valued at approximately $816 million to build 36 Tranche 2 Transport Layer (T2TL) Beta satellites.
  • The T2TL Beta variant satellites will work in tandem with SDA's Tranche 1 and Tranche 2 networks.
  • With this award, Lockheed Martin will deliver at least 88 data communications satellites for SDA's low-Earth orbit military constellation.
  • Lockheed Martin will deliver advanced technology on its T2TL Beta satellites to enable the proliferated global network and maintain the Proliferated Warfighter Space Architecture's technological and military advantages in space through a hybrid enterprise.

Momentus Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023
Other Transport, Technology, Other Defense, Air, Engineering, Satellite, Transport, Aerospace, Manufacturing, Defense, Defense Innovation Unit, Rood, Inc., SDA, ARCA, Alpha, Orbit, OSV, Tranche, Space Development Agency, Transport layer, DIU, Deutsche Bank, Government, Science, CubeSat, NASA, Small Business Innovation Research, Department of Defense Manned Space Flight Support Office, Webcast, Small business, SpaceX, Aarhus University, Communications satellite, Seagate Technology, Vigoride

Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, today announced its financial results for the second quarter of 2023.

Key Points: 
  • Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, today announced its financial results for the second quarter of 2023.
  • “The second quarter marks our first million-dollar quarter with the successful deployment of commercial customers from our Vigoride-6 mission contributing to the recognition of $1.7 million in revenue,” said Momentus Chief Executive Officer John Rood.
  • Second Quarter 2023 Business Highlights:
    In Q2 2023, Momentus grew total revenue by 3,310% year over year to $1.7 million.
  • Momentus Inc. will host a conference call to discuss its financial results today, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).

Momentus Awarded Innovation Research Contract from U.S. Defense Department’s Space Development Agency

Retrieved on: 
Monday, August 14, 2023
Other Transport, Aerospace, Manufacturing, Satellite, Defense, Transport, Other Science, Research, Other Defense, Contracts, Hardware, Science, Technology, Other Energy, Alternative Energy, Energy, Other Manufacturing, Engineering, Inc., SDA, Critical, United States Department of Defense, Unitary state, Government, Small business, Design review (U.S. government), Communications satellite, Seagate Technology, Vigoride

Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, has signed a contract with the U.S. Defense Department’s Space Development Agency (SDA) for a Small Business Innovation Research Award, "Orbital Service Vehicle Enhancements to Meet Department of Defense (DoD) Mission Requirements.”

Key Points: 
  • Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, has signed a contract with the U.S. Defense Department’s Space Development Agency (SDA) for a Small Business Innovation Research Award, "Orbital Service Vehicle Enhancements to Meet Department of Defense (DoD) Mission Requirements.”
    Under this award, Momentus will tailor the capabilities of its Vigoride Orbital Service Vehicle to support a full range of DoD payloads and mission requirements.
  • The additional capabilities will be developed to a Critical Design Review maturity, setting the stage for a rapid transition to an in-space flight demonstration.
  • The first contract action is valued at $746,073 with an option to add an additional $1,196,404 for further work.
  • Momentus has offered the M-1000 satellite bus to both commercial constellation providers and to the U.S. Government.

Mitsubishi Motors Premieres the All-New Colt for the European Market

Retrieved on: 
Friday, June 9, 2023
Online, CMF-B, Colt, SDA, Mitsubishi Motors, Gasoline, ASX, HEV, Bursa, City, Renault, Automotive industry, Bose

TOKYO, June 9, 2023 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that Mitsubishi Motors Europe B.V., Mitsubishi Motors' subsidiary in Europe, unveiled the all-new Colt compact hatchback for the European market.

Key Points: 
  • TOKYO, June 9, 2023 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that Mitsubishi Motors Europe B.V., Mitsubishi Motors' subsidiary in Europe, unveiled the all-new Colt compact hatchback for the European market.
  • The model will be manufactured at Renault's Bursa plant in Turkey and is scheduled to be in Mitsubishi Motors' showrooms in Europe from this October.
  • The all-new Colt - the seventh generation to be launched in Europe - will be reintroduced to the European market for the first time in nine years.
  • The all-new Colt features a powerful, sporty appearance that is at home in European cities.

From Design to Deployment, Phison’s IMAGIN+ System Enables Organizations to Imagine the Possibilities for Flash-enabled AI+ML at FMS 2023

Retrieved on: 
Tuesday, August 8, 2023
Technology, Hardware, Consumer Electronics, NVM Express, E26, MIPI, SDA, ONFI, Flash memory, TB, USB, Electronics, Multimedia, Blog, IP, SSD, MultiMediaCard, UFS, Pittsburgh, ADLINK, UFSA, Nature, GIGABYTE, IEEE-SA, Knowledge, JEDEC, FMS, AI, PCI-SIG, CAD/CAM, Solid-state drive, Memory, SD, Video game, Computer data storage, Medical device, Phison

View the full release here: https://www.businesswire.com/news/home/20230808936882/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230808936882/en/
    Phison IMAGIN+ the Possibilities in NAND flash storage at FMS 2023 (Image: Phison)
    Phison has expanded its IMAGIN+ design service to include AI computational models and AI services solutions.
  • With IMAGIN+ design services, Phison teams work hand-in-hand with customers to deliver AI-boosted SSD solutions that address demanding requirements.
  • “Whether you are building infrastructure for aiDAPTIV+ML, enterprise data center operations, edge compute, workstation, or gaming, Phison delivers industry-leading, performance-forward solutions for flash deployments.
  • Read more on our blog: www.phisonblog.com
    Information included in this press release that are not historical in nature are "forward-looking statements.

Advanced Space Selected for Two NASA SBIR Phase I Awards

Retrieved on: 
Thursday, August 3, 2023
CALM, Partnership, SDA, Mission, SBIR, CARA, Lunar Gateway, Moon, Spacecraft, ML, Satellite collision, Small Business Innovation Research, Flight dynamics, NASA, Machine learning, Concept, Anomaly, Artemis, NNS, Risk assessment, Recurrence, COLA, SCRAM, Transport, Risk management, Communications satellite

Westminster, Colorado, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Advanced Space LLC., a leading space tech solutions company, is pleased to announce that NASA has selected two of our new Phase I concepts under the Small Business Innovation Research (SBIR) program.

Key Points: 
  • Westminster, Colorado, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Advanced Space LLC., a leading space tech solutions company, is pleased to announce that NASA has selected two of our new Phase I concepts under the Small Business Innovation Research (SBIR) program.
  • Being awarded these NASA SBIRs is tremendous,” said Advanced Space Proposal Manager Sean Hoenig.
  • This proven model has allowed us to demonstrate novel approaches to challenges and to enable future space exploration and development, exclaimed Dr. Jeffrey Parker, Advanced Space Chief Technology Officer.
  • These will continue our efforts to develop technologies that enable future exploration, development, and settlement of space.”