EASA

Investing in the Electric Aircraft Revolution

Retrieved on: 
Wednesday, April 3, 2024
Aircraft, EPS, Airbus CityAirbus, Transport, CAE Inc., Eye, CAE, Nextgen, USD, Pratt & Whitney, Partnership, Air travel, Joby, Macquarie Infrastructure Corporation, MacDill Air Force Base, City, Lilium Jet, UAM, USSOCOM, Joby Aviation, Safety, Compound annual growth rate, KULR, Advanced Air Mobility, United States Air Force, Strategic planning, CENTCOM, EASA, Eviation Alice, Research, News, Lilium, EHang, AMC, TRS, Air Mobility Command, Spacecraft, United States Central Command, Growth, FBO, Aviation, AAM, Airline

According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.

Key Points: 
  • According to research from MarketsandMarket s, the Electric Aircraft Market is set to achieve unprecedented growth, projecting a remarkable worth of $37.2 billion by 2030.
  • KULR Technology Group, Inc. (NYSE American: KULR), betting on the electrification of everything, will play a key role in the safety of the electric aircraft future.
  • From startups like Eviation with their Alice aircraft to major players like Airbus and their E-Fan X project, the race is on to develop viable electric planes.
  • Some smaller electric aircraft are already taking to the skies for test flights ."

Hybrid Aircraft Market Size Expected to Reach $13.2 Billion By 2030 as Demand Grows for Commercial Applications

Retrieved on: 
Tuesday, April 2, 2024
Aircraft, Midnight, Failure, Noise, ACHR, Transport, CAE Inc., Carbon, CAE, USD, Pratt & Whitney, Archery, Partnership, Air travel, Joby, PALM, Economic development, Macquarie Infrastructure Corporation, City, Lilium Jet, Joby Aviation, Safety, KULR, Advanced Air Mobility, EASA, Medicine, News, Acquisition, Adjustment, Lilium, TRS, Engineering, Dayton International Airport, Spacecraft, The Company, FBO, Aviation, Blade, Airport, Airline

It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.

Key Points: 
  • It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.
  • Hybrid aircraft offer the advantage of reduced emissions and lower noise levels, making them more environmentally friendly.
  • Hybrid aircraft, particularly those with electric propulsion, produce less noise during takeoff and flight, making them more suitable for operating in noise-sensitive regions.
  • Hybrid aircraft can offer flexible and economically viable solutions for regional air travel, supporting regional connectivity and economic development.

KULR Secures Over $1M Contract from H55 for Proprietary, Patented Thermal Runaway Shield Technology

Retrieved on: 
Tuesday, April 2, 2024
EASA, Pratt & Whitney, SAN, CAE Inc., Safety, TRS, KULR, USD, Spacecraft

H55 will employ KULR's unique Thermal Runaway Shield (“TRS”) within its propulsion systems that equip fleets of industry behemoths such as Pratt & Whitney and CAE Inc.

Key Points: 
  • H55 will employ KULR's unique Thermal Runaway Shield (“TRS”) within its propulsion systems that equip fleets of industry behemoths such as Pratt & Whitney and CAE Inc.
  • Embedding KULR's TRS into H55's Electrical Propulsion System (“EPS”) is critical for aligning with the European Union Aviation Safety Agency (“EASA”) safety protocols.
  • H55 harnesses KULR's innovative TRS to construct systems that adhere to stringent safety measures while retaining efficiency and energy density.
  • The TRS technology from KULR has enabled us to push the safety norms and position H55 as a global leader.

Lilium Begins Integration of Garmin Standby Flight Instruments for the Lilium Jet

Retrieved on: 
Tuesday, April 2, 2024
Certification, Garmin, EASA, Acceleration, Attitude, Aviation, Lilium, Lilium Jet, Safety, Government, Airline

The deliveries, which follow the multi-year supplier contract signed by Lilium and Garmin in 2023, will be integrated into the first Lilium Jets being produced and the Lilium Jet flight simulator, used for pilot training.

Key Points: 
  • The deliveries, which follow the multi-year supplier contract signed by Lilium and Garmin in 2023, will be integrated into the first Lilium Jets being produced and the Lilium Jet flight simulator, used for pilot training.
  • As such, the component supplied by Garmin represents a key safety feature of the Lilium Jet and will provide an additional layer of protection for crew and passengers.
  • Garmin is committed to innovation, and we are excited to supply our standby flight instrument solution that will add extraordinary capability to the Lilium Jet cockpit.”
    Lilium began assembly of the first Lilium Jet at its manufacturing and testing facilities near Munich at the end of 2023.
  • The first piloted flight test of the Lilium Jet is targeted to occur in late 2024.

Barnes Aerospace Announces Expanded Aero Engine MRO Facility – East Granby, Connecticut

Retrieved on: 
Tuesday, April 9, 2024
Engineering, Chemicals, Plastics, Aerospace, Manufacturing, Other Manufacturing, Steel, IGT, CAAC, Growth, EASA, Original equipment manufacturer, MRO, Aviation, Senior, Barnes Group, TAT, Multimedia

Barnes Aerospace proudly announces the completion of its newly expanded Maintenance, Repair, and Overhaul (MRO) facility in East Granby, Connecticut.

Key Points: 
  • Barnes Aerospace proudly announces the completion of its newly expanded Maintenance, Repair, and Overhaul (MRO) facility in East Granby, Connecticut.
  • View the full release here: https://www.businesswire.com/news/home/20240408434805/en/
    Figure 1: Barnes Aerospace employee inspects the shot peening machine at the Barnes Aerospace East Granby MRO facility in Connecticut.
  • Leveraging existing component repair expertise, we’re better positioned to serve our global customers,” said Ian Reason, Senior Vice President, Barnes and President, Barnes Aerospace.
  • The Barnes Aerospace East Granby facility is a repair station certified by the U.S. Federal Aviation Administration (FAA), the European Aviation Safety Agency (EASA), and the Civil Aviation Administration of China (CAAC).

ParaZero Announces 2023 Financial Results

Retrieved on: 
Friday, March 22, 2024
Research, Environment, Growth, EASA, Nitrox, Partnership, Black Square, Travel, IPO, Insurance, D&O, OEM, European, Safety, KULR, Marketing, TEL

TEL AVIV, Israel, March 22, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company focused on drone technologies for commercial drones, defense drones, and urban air mobility aircraft, reported today its financial results for year ended December 31, 2023.

Key Points: 
  • TEL AVIV, Israel, March 22, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company focused on drone technologies for commercial drones, defense drones, and urban air mobility aircraft, reported today its financial results for year ended December 31, 2023.
  • ParaZero closed its IPO on July 31, 2023, issuing 1,950,000 ordinary shares.
  • ParaZero's CEO, Boaz Shetzer, stated, "2023 was a crucial year for ParaZero, as we continued to push the boundaries of innovation in drone safety.
  • Full Year 2023 Financial Highlights:
    Sales increased by $60,390, or 10.8% to $620,508 for the year ended December 31, 2023, compared to $560,118 for the year ended December 31, 2022.

Gogo Galileo Global Broadband Coming to European Operators

Retrieved on: 
Monday, April 1, 2024
LEO, Conference, Galileo Galilei, Go go, EASA, Atlas, Wi-Fi, CJ1, Partnership, MRO, Citation, STC, HDX, Atlas Air, Cessna CitationJet/M2, EBACE, CJ3, Aviation, Embraer, Gogo Business Aviation, Aircraft, Atmosphere of Earth, CJ2, Eutelsat, CJ4

BROOMFIELD, Colo. and BREMEN, Germany, April 1, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced it is partnering with Atlas Air Service AG to develop the first European Supplemental Type Certificate (STC) for the Gogo Galileo HDX antenna for the Cessna CitationJet series of light jet aircraft and another STC for the Embraer Phenom 300.

Key Points: 
  • "For many years our customers have been asking for a small and affordable broadband solution for their aircraft.
  • We wanted to be among the first to partner with Gogo to develop these STCs and bring true broadband inflight Wi-Fi for every segment of business aviation."
  • Gogo Galileo will operate on the Eutelsat OneWeb enterprise-grade Low-Earth-Orbit (LEO) satellite network, which is fully deployed.
  • Hear more from Grigore about the opportunity Atlas Air Service sees for Gogo Galileo and the compact HDX antenna for smaller aircraft operating in Europe.

GA Telesis Engine Services' U.S. SPAH Facility Receives EASA Certificate for Engine Maintenance

Retrieved on: 
Tuesday, March 26, 2024
CFM International, Certification, General Electric, Documentation, EASA, ATSG, Transport, Air Transport Services Group, SPAH, European, Telesis, Wilmington Air Park, Airline

With this significant achievement, the joint venture aims to offer rapid jet engine maintenance services to the airline industry, significantly contributing to enhancing performance reliability.

Key Points: 
  • With this significant achievement, the joint venture aims to offer rapid jet engine maintenance services to the airline industry, significantly contributing to enhancing performance reliability.
  • Once fully integrated and operational, the new facility can service up to two hundred engines annually, prioritizing those produced by General Electric and CFM International during the initial phase of operations.
  • We are now able to offer our customers dual release for both EASA and FAA; thus, extending the global reach of our services," said Russ Shelton, President of GA Telesis Engine Strategy Group .
  • "The ability to better serve our global customers enhances the future of not only GA Telesis Engine Services, but the GA Telesis Ecosystem™ ," Shelton added.

ANOTHER IMPORTANT MILESTONE IN H55'S PATH TO PRODUCT CERTIFICATION

Retrieved on: 
Tuesday, March 26, 2024
Certification, EASA, EPS, Air travel, Federal Aviation Administration, Transport Canada, Safety, CCL, Airline

SION, Switzerland, March 26, 2024 /PRNewswire/ -- H55, a pioneering leader in electric aviation, is pleased to announce a significant milestone in its pursuit of certifying its electric motor technology. The European Union Aviation Safety Agency (EASA) has agreed to H55's Compliance Check list (CCL) for its electric motor and motor controller, demonstrating the safety and performance of the entire electric propulsion management system (EPS).

Key Points: 
  • Headquartered in Switzerland, H55 is at the forefront of electric aviation, specializing in electric propulsion, battery storage, and energy management solutions.
  • The newly established agreement with EASA marks another important achievement in H55's mission to revolutionize clean aviation.
  • It is a crucial step in securing formal certification of H55's complete electric propulsion system and an important recognition by the certification authorities on the reliability and capabilities of the company's propulsion solutions.
  • H55 takes pride in being one of the first European electric aviation companies to successfully navigate this critical phase in the certification process.

First full flight simulator with gaming-engine-powered CAE Prodigy image generator achieves level D qualification

Retrieved on: 
Tuesday, March 26, 2024
Aircraft, Prodigy, GM, EASA, Epic Games, Unreal Engine, Commercial aviation, TSX, CAE, Security, Division, Family, Defense, 3D computer graphics, FFS, Airline

MONTREAL, March 26, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today announced that it is the first leading aviation simulation and training organization to seamlessly integrate a gaming engine into its full-flight simulator (FFS) visual system and achieve level D qualification*, the highest level of qualification for a FFS.

Key Points: 
  • MONTREAL, March 26, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today announced that it is the first leading aviation simulation and training organization to seamlessly integrate a gaming engine into its full-flight simulator (FFS) visual system and achieve level D qualification*, the highest level of qualification for a FFS.
  • "With CAE Prodigy, CAE continues to position itself as a leader in the adoption of new technologies to support its customers and advance aviation safety."
  • CAE Prodigy builds on the proven features of CAE's existing family of visual systems, while leveraging Unreal Engine's innovative rendering techniques to deliver a highly optimized and flexible Image Generator solution.
  • A level D simulator fidelity is at such high level that pilots transitioning to a new aircraft can perform all their training in the simulator instead of the aircraft.