Leonardo S.p.A.

Philochem and Blue Earth Diagnostics Announce First Three Patients Imaged in Phase 1 Clinical Trial of 68Ga-OncoFAP (68Ga-OncoFAP-DOTAGA) for Diagnostic Imaging in Solid Tumors

Retrieved on: 
Monday, December 4, 2023

The collaboration encompasses the development of OncoFAP, a proprietary, small organic ligand with ultra-high affinity to Fibroblast Activation Protein (FAP), for applications in the diagnostic imaging of solid tumors.

Key Points: 
  • The collaboration encompasses the development of OncoFAP, a proprietary, small organic ligand with ultra-high affinity to Fibroblast Activation Protein (FAP), for applications in the diagnostic imaging of solid tumors.
  • Under the agreement, the Philogen Group is conducting a Phase 1 clinical study to evaluate the safety and dosimetry of 68Ga-OncoFAP (68Ga-OncoFAP-DOTAGA) in patients with solid tumors.
  • The agreement provides Blue Earth Diagnostics rights to develop and commercialize 68Ga-OncoFAP worldwide.
  • The first three enrolled patients in the trial were imaged in November 2023 at the National Cancer Institute of Milan (INT).

Leonardo DRS Announces Pricing of an Upsized Secondary Offering of Common Stock by a Leonardo S.p.A. Subsidiary

Retrieved on: 
Friday, November 17, 2023

LEONARDO DRS INC. (NASDAQ: DRS) Leonardo DRS, Inc. (“DRS”) announced today the pricing of an upsized public secondary offering of 18,000,000 shares of its common stock at an offering price of $17.75 per share by Leonardo US Holding, LLC (the “Selling Stockholder”), a subsidiary of Leonardo S.p.A.

Key Points: 
  • LEONARDO DRS INC. (NASDAQ: DRS) Leonardo DRS, Inc. (“DRS”) announced today the pricing of an upsized public secondary offering of 18,000,000 shares of its common stock at an offering price of $17.75 per share by Leonardo US Holding, LLC (the “Selling Stockholder”), a subsidiary of Leonardo S.p.A.
  • The offering is expected to close on November 21, 2023, subject to customary closing conditions.
  • Upon completion of the offering, Leonardo S.p.A. will beneficially own approximately 73.3% of the outstanding common stock of DRS, or approximately 72.3% if the underwriters fully exercise their option to purchase additional shares.
  • DRS is not offering any shares of common stock in this offering and will not receive any proceeds from the sale of shares by the Selling Stockholder.

Leonardo DRS Announces Launch of Proposed Secondary Offering of Common Stock by a Leonardo S.p.A. Subsidiary

Retrieved on: 
Wednesday, November 15, 2023

LEONARDO DRS INC. (NASDAQ: DRS) Leonardo DRS, Inc. (“DRS”) announced today the commencement of a public secondary offering of 16,500,000 shares of its common stock by Leonardo US Holding, LLC (the “Selling Stockholder”), a subsidiary of Leonardo S.p.A.

Key Points: 
  • LEONARDO DRS INC. (NASDAQ: DRS) Leonardo DRS, Inc. (“DRS”) announced today the commencement of a public secondary offering of 16,500,000 shares of its common stock by Leonardo US Holding, LLC (the “Selling Stockholder”), a subsidiary of Leonardo S.p.A.
  • The Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 2,475,000 shares of DRS’s common stock from the Selling Stockholder.
  • Upon completion of the offering, Leonardo S.p.A. is expected to beneficially own approximately 73.9% of the outstanding common stock of DRS, or approximately 72.9% if the underwriters fully exercise their option to purchase additional shares.
  • DRS is not offering any shares of common stock in this offering and will not receive any proceeds from the sale of shares by the Selling Stockholder.

Anti-Drone Market size worth $ 7.59 Billion, Globally, by 2028 at 38.8% CAGR: Verified Market Research®

Retrieved on: 
Thursday, October 26, 2023

JERSEY CITY, N.J., Oct. 26, 2023 /PRNewswire/ -- The Global Anti-Drone Market is projected to grow at a CAGR of 38.8% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 0.53 Billion in 2020 and is expected to reach USD 7.59 Billion by the end of the forecast period.

Key Points: 
  • The " Global Anti-Drone Market Size By Defense Type, By End-User, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Anti-Drone Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Anti-Drone Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Anti-Drone Market into Defense Type, End-User, And Geography.

Anti-Drone Market size worth $ 7.59 Billion, Globally, by 2028 at 38.8% CAGR: Verified Market Research®

Retrieved on: 
Thursday, October 26, 2023

JERSEY CITY, N.J., Oct. 26, 2023 /PRNewswire/ -- The Global Anti-Drone Market is projected to grow at a CAGR of 38.8% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 0.53 Billion in 2020 and is expected to reach USD 7.59 Billion by the end of the forecast period.

Key Points: 
  • The " Global Anti-Drone Market Size By Defense Type, By End-User, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Anti-Drone Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Anti-Drone Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Anti-Drone Market into Defense Type, End-User, And Geography.

Airborne Radars Market - Global Forecast to 2028: Demand for Phased Array Radars for Enhanced Operational Efficiency to Drive Market - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 17, 2023

This report provides valuable insights for market leaders and newcomers alike in the airborne radars market.

Key Points: 
  • This report provides valuable insights for market leaders and newcomers alike in the airborne radars market.
  • North America is anticipated to hold the largest share in the airborne radars aircraft market in 2023, encompassing the US and Canada within this region.
  • The North American airborne radars market has seen significant growth recently, driven by a proactive approach to advancements and substantial investments in research and development within the airborne radars sector, poised to transform the radar market.
  • Several factors, including the growing demand for airborne weather monitoring and technological innovations in airborne radar systems, are expected to propel the airborne radars market.

Maritime Patrol Aircraft Market worth $11.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 20, 2023

Propulsion systems in the Maritime patrol aircraft market are Jet Engines which includes turbofan, turboprop, and turboshaft, and Electric Propulsion.

Key Points: 
  • Propulsion systems in the Maritime patrol aircraft market are Jet Engines which includes turbofan, turboprop, and turboshaft, and Electric Propulsion.
  • Based on the type, the Armored segment is estimated to lead the Maritime patrol aircraft market from 2023 to 2028.
  • The unmanned segment within the maritime patrol aircraft market is thriving due to the advantages of automation and cost-efficiency.
  • Europe is home to some of the biggest players in the maritime patrol aircraft market, including Leonardo S.p.A., and Airbus.

Maritime Patrol Aircraft Market worth $11.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 20, 2023

Propulsion systems in the Maritime patrol aircraft market are Jet Engines which includes turbofan, turboprop, and turboshaft, and Electric Propulsion.

Key Points: 
  • Propulsion systems in the Maritime patrol aircraft market are Jet Engines which includes turbofan, turboprop, and turboshaft, and Electric Propulsion.
  • Based on the type, the Armored segment is estimated to lead the Maritime patrol aircraft market from 2023 to 2028.
  • The unmanned segment within the maritime patrol aircraft market is thriving due to the advantages of automation and cost-efficiency.
  • Europe is home to some of the biggest players in the maritime patrol aircraft market, including Leonardo S.p.A., and Airbus.

Leonardo DRS Schedules Second Quarter 2023 Earnings Conference Call for August 2, 2023

Retrieved on: 
Wednesday, July 5, 2023

Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Wednesday, August 2, 2023 beginning at 10:00 a.m. (ET) to discuss its second quarter 2023 results.

Key Points: 
  • Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Wednesday, August 2, 2023 beginning at 10:00 a.m. (ET) to discuss its second quarter 2023 results.
  • The company plans to issue its quarterly earnings press release prior to the conference call.
  • On July 28, 2023, Leonardo DRS’s majority stockholder, Leonardo S.p.A., is expected to announce its consolidated first half 2023 financial results, which will include select financial and operational data on Leonardo DRS.
  • The live audio broadcast of Leonardo DRS’s conference call with corresponding press release and supplemental information will be available on the company’s investor relations website.

Boom Supersonic Announces Significant Overture Program Advances

Retrieved on: 
Tuesday, June 20, 2023

Selects key tier-one structure suppliers for Overture's wing, fuselage, and empennage; reveals Overture systems configuration

Key Points: 
  • Selects key tier-one structure suppliers for Overture's wing, fuselage, and empennage; reveals Overture systems configuration
    PARIS, June 20, 2023 /PRNewswire/ -- Boom Supersonic , the company building the world's fastest airliner, announced today at the Paris Air Show significant advances on Overture, its sustainable supersonic aircraft, including milestones for its Symphony™ engine.
  • Boom also revealed today, for the first time, Overture's full systems configuration as the aircraft program advances toward production.
  • "We are incredibly proud of the progress with Overture and Symphony from our global team of partners and suppliers who continue to operate at an accelerated pace toward the future of sustainable supersonic flight," said Blake Scholl, founder and CEO of Boom Supersonic.
  • Boom continues to advance with Northrop Grumman on a defense variant of Overture that will expand the total addressable market for supersonic aircraft.