National Aeronautic Association

Reliable Robotics Selected as a Collier Trophy Finalist

Retrieved on: 
Wednesday, February 21, 2024
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Reliable Robotics , a leader in autonomous aircraft systems, today announced that it was shortlisted as one of four contenders for the 2023 Robert J. Collier Trophy .

Key Points: 
  • Reliable Robotics , a leader in autonomous aircraft systems, today announced that it was shortlisted as one of four contenders for the 2023 Robert J. Collier Trophy .
  • View the full release here: https://www.businesswire.com/news/home/20240221862994/en/
    Reliable’s autonomous flight system earns a place on the Collier Trophy finalist list for 2023 (Photo: Business Wire)
    "The Robert J. Collier Trophy is the pinnacle of aviation achievement, and those who earn it are in rare and historic company," said Amy Spowart, NAA President and CEO.
  • "The Reliable Robotics team has earned their place in the final selection for the 2023 Collier Trophy and the opportunity to provide more detail about how autonomous flight can be achieved effectively and safely.
  • Reliable Robotics was selected for achievements in 2023 that highlight the maturity of its autonomous flight system to deliver near-term benefits to the aerospace industry.

NAA Names James Schenck as the 2024 Whitman Trophy Recipient

Retrieved on: 
Tuesday, March 5, 2024
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WASHINGTON and TYSONS, Va., March 5, 2024 /PRNewswire/ -- The National Aeronautic Association (NAA) is pleased to announce that PenFed Credit Union President/CEO & PenFed Foundation CEO James Schenck has been selected as the recipient of the 2024 Bruce Whitman Memorial Trophy.

Key Points: 
  • WASHINGTON and TYSONS, Va., March 5, 2024 /PRNewswire/ -- The National Aeronautic Association (NAA) is pleased to announce that PenFed Credit Union President/CEO & PenFed Foundation CEO James Schenck has been selected as the recipient of the 2024 Bruce Whitman Memorial Trophy.
  • Created in honor of the aerospace executive and philanthropist bearing its name, Bruce was posthumously named the first trophy recipient in 2019.
  • "No one cared more about our industry than Bruce Whitman," said Jim Albaugh, NAA Chair.
  • "He dedicated his life to service, and I know Bruce would be honored to know that this year's recipient of the Whitman Trophy is James Schenck.

KULR Technology Group Reports Third Quarter 2023 Financial Results; Company on Track with Analysts’ Q4 Forecasts

Retrieved on: 
Tuesday, November 14, 2023
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SAN DIEGO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the third quarter ended September 30, 2023.

Key Points: 
  • SAN DIEGO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the third quarter ended September 30, 2023.
  • Cash and Accounts Receivable: As of September 30, 2023, the Company had cash and accounts receivable combined of $2.46 million.
  • Gross Margins: Gross margin was 44% in the quarter ending September 30, 2023, compared to 33% in the same period last year.
  • Selling, General and Administrative (SG&A) Expenses: SG&A expenses increased to $4.79 million in the third quarter of 2023 from $4.35 million in the same period last year.

CisLunar Industries Secures Lunar Foothold with DARPA LunA-10 Award for Lunar Infrastructure Integration

Retrieved on: 
Wednesday, December 6, 2023
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DENVER, Dec. 6, 2023 /PRNewswire/ -- CisLunar Industries has been awarded a contract with DARPA (The Defense Advanced Research Projects Agency) for the LunA-10 (The 10-Year Lunar Architecture) capability study to advance critical technology efforts in lunar infrastructure development.

Key Points: 
  • DENVER, Dec. 6, 2023 /PRNewswire/ -- CisLunar Industries has been awarded a contract with DARPA (The Defense Advanced Research Projects Agency) for the LunA-10 (The 10-Year Lunar Architecture) capability study to advance critical technology efforts in lunar infrastructure development.
  • CisLunar Industries will facilitate the development of the METAL framework (Material Extraction, Treatment, Assembly & Logistics), in collaboration with 13 other visionary companies.
  • "DARPA finally did what the industry was waiting for," said Gary Calnan, CEO of CisLunar Industries.
  • "The LunA-10 team has done a great job bringing together 14 companies representing complementary parts of the future lunar economy.

SOUTHWEST AIRLINES ANNOUNCES NEW ENVIRONMENTAL SUSTAINABILITY GOALS ON ITS PATH TOWARD NET ZERO CARBON EMISSIONS BY 2050

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Wednesday, November 15, 2023
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DALLAS, Nov. 15, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced an updated sustainability strategy, Nonstop to Net Zero, which outlines the carrier's path toward its goal of achieving net zero carbon emissions by 2050 and supporting a more sustainable future for air travel. As part of the carrier's more holistic approach toward sustainability, it has established carbon, circularity1, and collaboration as strategic pillars to guide its ongoing strategy.  

Key Points: 
  • Carrier updates sustainability strategy to focus on carbon, circularity, and collaboration
    DALLAS, Nov. 15, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced an updated sustainability strategy, Nonstop to Net Zero, which outlines the carrier's path toward its goal of achieving net zero carbon emissions by 2050 and supporting a more sustainable future for air travel.
  • As part of the carrier's more holistic approach toward sustainability, it has established carbon, circularity1, and collaboration as strategic pillars to guide its ongoing strategy.
  • Southwest's new goals complement the carrier's existing sustainability plans of:
    Achieving net zero carbon emissions by 2050.
  • 7 Net zero is determined by a fuel with a carbon intensity of zero (0) gCO2e/MJ or lower on a lifecycle basis.

Commercial Drones Market size to grow by USD 44.85 billion from 2022 to 2027 | North America is estimated to contribute 44% to the commercial drone market growth - Technavio

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Tuesday, November 14, 2023
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North America is estimated to contribute 44% to the commercial drone market growth during the forecast period.

Key Points: 
  • North America is estimated to contribute 44% to the commercial drone market growth during the forecast period.
  • Buy Now
    The rising applications of drones will drive the commercial drone market growth during the forecast period.
  • The consumer drone market is estimated to grow at a CAGR of 14.76% and the size of the market is forecasted to increase by USD 5,362.6 million between 2022 and 2027.
  • The tethered drone market size is estimated to grow at a CAGR of 5.72% between 2022 and 2027, and the size of the market is forecast to increase by USD 21.64 million.

Panasonic Foundation, National Aeronautics and Space Administration (NASA) and National Institute of Aerospace (NIA) Collaborate to Support Equity in STEM

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Wednesday, November 8, 2023
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NEWARK, N.J., Nov. 8, 2023 /PRNewswire/ -- Panasonic and the Panasonic Foundation celebrated one year since breaking ground in De Soto, Kansas, on Panasonic Energy's new $4 billion EV battery production facility by collaborating with the National Aeronautics and Space Administration (NASA) and the National Institute of Aerospace (NIA). In recognition of this important milestone, these groups hosted a free, fun, family-friendly weekend of activities focused on STEM (science, technology, engineering, and math) education and career opportunities.

Key Points: 
  • NEWARK, N.J., Nov. 8, 2023 /PRNewswire/ -- Panasonic and the Panasonic Foundation celebrated one year since breaking ground in De Soto, Kansas, on Panasonic Energy's new $4 billion EV battery production facility by collaborating with the National Aeronautics and Space Administration (NASA) and the National Institute of Aerospace (NIA).
  • More than 1,000 students, parents, educators and community leaders from across the Greater Kansas City area attended the weekend's events.
  • "We envision a diverse workforce prepared for the global 21st-century economy for companies like Panasonic and so many more.
  • STEM Fest was just the first example of using that expansive experience to engage with their new neighbors.

Solestial Awarded Nearly $1M in NASA SBIR Ignite Contracts for Next Generation Solar Array

Retrieved on: 
Tuesday, November 7, 2023
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TEMPE, Ariz., Nov. 7, 2023 /PRNewswire/ -- Solestial, Inc. ("Solestial"), the solar energy company for space, today announced that it has been awarded $849,954 for a Phase II Small Business Innovation Research ("SBIR") contract from the National Aeronautics and Space Administration ("NASA"). The winning proposal titled, "Next Generation Silicon Based Solar Arrays for Space Stations and Other Permanent Space Infrastructure," comes on the heels of a $149,987 Phase I contract in January 2023. The contracts are from a new pilot program, SBIR Ignite, that funds commercially viable technologies from U.S. startups to support research and development and promote economic growth.

Key Points: 
  • The contracts are from a new pilot program, SBIR Ignite, that funds commercially viable technologies from U.S. startups to support research and development and promote economic growth.
  • The 18-month SBIR Phase II contract will provide funds to support development of next generation, 50-kilowatt ("kW") class solar array wings.
  • Solestial's contract-winning proposal focuses on integrating its ultrathin, low mass, radiation-hardened solar blankets with Opterus' patent pending Retractable-Rollable Mast Array ("R-ROMA") advanced deployable solar array structure.
  • To date, the firm has received nearly $4 million in contracts from NASA, the National Science Foundation, and the U.S. Air Force.

The Galien Foundation Honors 2023 Prix Galien Award Recipients

Retrieved on: 
Friday, October 27, 2023
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NEW YORK, Oct. 27, 2023 /PRNewswire/ -- The Prix Galien USA Committees honored excellence and innovation in life sciences during the Prix Galien USA Forum and 17h annual Prix Galien Awards Gala last night at the American Museum of Natural History in New York City. The USA Committees, composed of 20 committee members, 12 subcommittee members and 20 advisory board members, represented renowned leaders from the biomedical industry and academia. With three Nobel Laureates, these groups honored this year's award winners in the following categories: "Best Biotechnology Product," "Best Pharmaceutical Product," "Best Product for Rare/Orphan Diseases," "Best Medical Technology," "Best Digital Health Solution," "Incubators, Accelerators and Equity" and "Best Startup."

Key Points: 
  • "We are delighted to extend the Prix Galien legacy to another distinguished cohort of winners who have demonstrated the unparalleled skill, innovation, and dedication required across the life sciences industry," said Bruno Cohen, Chairman of The Galien Foundation.
  • "Our Awards Committee, Prix Galien Alumni, and all members of The Galien Foundation extend our gratitude to each winner and nominee, and we look forward to witnessing their impact on the future of global healthcare."
  • The Prix Galien Awards were created in 1970 by Roland Mehl in honor of Galien, the father of medical science and modern pharmacology, to recognize outstanding innovation and scientific advancement.
  • With chapters in 14 countries and Africa, and an inaugural chapter being established in India in 2024, Prix Galien is regarded worldwide as the equivalent of the Nobel Prize for the life science industry.

The Galien Foundation Hosts 2023 Galien Week of Innovation to Honor Life Science Research

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Thursday, October 12, 2023
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NEW YORK, Oct. 12, 2023 /PRNewswire/ -- The Galien Foundation, the premier global institution dedicated to honoring innovators in life sciences, today announced the 2023 Galien Week of Innovation will draw together leaders from industry, government, science, and the research community from October 23-27. The Galien Week of Innovation presents an exclusive series of thematic webinars featuring nominees of the Prix Galien USA Awards, discussing hot button topics through the lens of the life-changing innovations brought to market. The three-day webinar series will lead up to the annual Galien Forum and Prix Galien Awards on October 26. To learn more and register for the Galien Week of Innovation, please visit our website here. 

Key Points: 
  • NEW YORK, Oct. 12, 2023 /PRNewswire/ -- The Galien Foundation, the premier global institution dedicated to honoring innovators in life sciences, today announced the 2023 Galien Week of Innovation will draw together leaders from industry, government, science, and the research community from October 23-27.
  • To learn more and register for the Galien Week of Innovation, please visit our website here.
  • The 2023 Galien Forum will be held on Thursday, October 26, at the Alexandria Center for Life Science in New York City.
  • 2023 Galien Forum & Prix Galien USA Awards Ceremony | Thursday, October 26
    7:30AM – 3:00PM ET: The Galien Forum will be held in-person and virtually at the Alexandria Center for Life Science.