Tag: leading (Page 1 of 7)

BAE Systems acquires Malloy Aeronautics

February 3, 2024 / WIL BALDWIN

BAE Systems has acquired Malloy Aeronautics – a leading company in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics designs and supplies all-electric uncrewed aerial systems (UAS) to both civil and military customers. Their range of uncrewed, heavy lift quadcopters are capable of lifting payloads from 68kg to 300kg over short to medium range missions.

These platforms offer interchangeable capabilities and greater flexibility at a fraction of the cost and time of more traditional methods, whilst minimising risk to more expensive assets and human life. Malloy’s approximately 80 strong workforce will continue to operate from its site in Berkshire, supporting its existing customers. BAE Systems and Malloy, who have been working together in advancing cutting-edge UAS solutions since 2021, will further develop Malloy’s existing portfolio and accelerate new and novel technologies to customers worldwide.

BAE Systems and Malloy Aeronautics engineers have been collaborating to develop the 300kg T-650 all-electric ‘heavy lift’ UAS as a potential new solution to deliver cost-effective, sustainable rapid response capability to military, security and civilian customers.

Solaris wins new hydrogen bus contracts in Barcelona and Essen

February 2, 2024 / WIL BALDWIN

The CAF Group company has consolidated its leading position in the thriving hydrogen city bus market with two new contracts for the supply of 57 vehicles for a combined value of over 40 million Euros for Barcelona, Spain and Essen, Germany. Solaris’ experience in rolling out hydrogen technology has seen 40 operators in 10 European countries already place their trust in the company, having won orders for in excess of 700 vehicles.

Supported by the ongoing development of the hydrogen vehicle market and the increasing orders for hydrogen fuel cell-powered buses, Solaris has intensified its business activity in this segment over the recent months. In fact, in connection with this technology, last year Solaris made a major investment constructing a new building exclusively to manufacture hydrogen-powered buses.

Solaris’ substantial backlog, which includes supplies to various operators in Austria, Switzerland, Germany, Spain, France, Italy, the Netherlands, Poland, Sweden and Slovakia, illustrates the current relevance of this market. While 99 hydrogen buses were registered in Europe in 2022, pending official data for 2023, at the end of the third quarter of the year a total of 137 new bus registrations had already been made in Europe, representing a 38% increase compared to the 12 months in the previous year. If we add the data for the last 3 months of 2023, the figures would undoubtedly reveal how strongly this sector has grown and how much Solaris has contributed to this situation. Just a few years ago, specifically in 2018, not one single hydrogen bus was registered in Europe.

LATAM group presents special collection of aircraft in South American colors

January 14, 2024 / WIL BALDWIN

Santiago, Chile, January 12, 2024 – With the aim of celebrating the local pride of the leading airline group in Latin America, LATAM group unveiled its latest project, which involves adorning five aircraft with the respective national flag colors of the countries where the affiliates operate domestic flights.

The idea, extending throughout 2024, is to gradually introduce the five painted aircraft into the domestic flights of the affiliates. It will begin on January 11 with LATAM Airlines Brasil, debuting an Airbus A320neo in green and yellow colors, followed by planes representing the colors of the affiliates in Colombia, Chile, Peru, and finally, Ecuador.

The special paint scheme, applied by 30 workers from the Brazilian affiliate, maintains the characteristics of the LATAM logo already present on its aircraft, with only the colors being modified. The design of the LATAM Airlines Brasil A320neo started this Monday at the São Carlos facility in Sao Paulo, the largest maintenance center of the LATAM group.

Currently, the airline group has 332 aircraft, including 56 Boeing passenger planes (models 767, 777, and 787) and 256 Airbus planes (models A319, A320, A320neo, A321, and A321neo).

Additionally, LATAM Cargo has 20 cargo planes.

SKY express grows regional fleet with two additional ATR 72-600’s

January 13, 2024 / WIL BALDWIN

Toulouse, France, January 11, 2024 – Leading Greek airline SKY express took delivery of an ATR 72‑600 in December 2023, as part of a firm order for two brand new aircraft from the IOGR group. This marks another important step in SKY express’ development, as the airline is growing its regional fleet from six to eight ATR 72-600 and six ATR -500 for a total of 14 ATR aircraft. The airline is planning further fleet modernisation in 2024.

Greek communities and tourists will both benefit from the reinforced connectivity across the region, as SKY express intends to offer additional flights each year, taking advantage from the aircraft family’s versatility, short runway capabilities, low operating costs and reduced CO2 emissions.

https://www.skyexpress.gr/el

Rolls-Royce welcomes EVA Air as new customer

January 12, 2024 / WIL BALDWIN

Rolls-Royce Holdings PLC (London: RR) today announces it has signed a Letter of Intent for a TotalCare® maintenance agreement with Taiwanese airline EVA Air for 36 Rolls-Royce Trent XWB-97 engines that will power 18 new Airbus A350-1000 aircraft. The agreement provides the airline with predictability as well as a known cost for the services and maintenance of the fleet.

This will be the first time EVA Air includes the Rolls-Royce Trent engine in its fleet. Rolls-Royce is delighted to welcome EVA Air as a new customer.

TotalCare is designed to provide operational certainty for customers by transferring time on wing and maintenance cost risk back to Rolls-Royce. This industry-leading premium service offering is supported by data delivered through the Rolls-Royce advanced engine health monitoring system, which helps provide customers with increased operational availability, reliability and efficiency.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Sierra Space on Built In’s 100 Best Large Places to Work in Colorado

January 9, 2024 / WIL BALDWIN

Louisville, Colorado, January 9, 2024 – Sierra Space, a leading commercial space company building the first end-to-end business and technology platform in space to benefit life on Earth, announced today that it was honored in Built In’s 2024 Best Places to Work Awards, earning a place on 100 Best Large Places to Work in Colorado. The annual awards program evaluates companies of all sizes, from startups to established enterprises, and honors a wide range of companies in large tech markets across the United States.

Built In determines the winners of Best Places to Work by using company data about compensation packages, total rewards and culture programs. Sierra Space won this industry accolade not only for its commitment to providing competitive salaries and comprehensive benefits packages, but also for fostering an engaging work environment and culture that is embraced by its 2,000 team members across seven states.

If you are excited about venturing into uncharted territories and are driven to being exceptional, Sierra Space has a place for you. We offer a broad range of diverse career opportunities across various corporate sectors. Join our team and collaborate with like-minded individuals who share a common goal: shaping the future of space exploration while advancing the greater good. Dare to dream at SierraSpace.com/Careers.

Rolls-Royce supports mission critical data center power in Japan

October 23, 2023 / WIL BALDWIN

Rolls-Royce Holdings PLC (LSE: RR, ADR: RYCEY) is supplying a total of 31 mtu emergency gensets and a complete mtu EnergetIQ control system for the latest data center of a leading global provider of hyperscale data center solutions. The hyperscale data center, located near Osaka, is one of the largest data centres in Japan, with a designed capacity of 45.9MW. Designed specifically with the scalable capacity requirements of hyperscale and enterprise customers in mind, it gives users the flexibility to grow over the long term. According to Mordor Intelligence, Japan is one of the fastest growing digital content delivery markets in all of Asia, driven by the increasing use of mobile devices and the adoption of cloud technologies.

Rolls-Royce Solutions Japan has already installed and commissioned eight of the 31 container gensets, which are based on 20-cylinder mtu Series 4000 engines. The remaining emergency generators will be added gradually as the data center’s capacity increases. The mtu containers compactly contain the diesel engine with generator, a switchgear – including the mtu EnergetIQ control and monitoring system – and all the necessary connections and supply systems and are installed outside of the building.

The fully redundant mtu EnergetIQ Manager used in Osaka monitors both the incoming grid connections and the status of all generators within the plant. It starts the emergency diesel generators in the event of a grid failure, regulates the supply of electricity to the consumers and ensures that the load is transferred back to the grid and the generators are stopped when the grid is stable again.

Allegiant Airlines secures financing for Airbus a320 ceo and Boeing 737 MAX aircraft

October 6, 2023 / WIL BALDWIN

Las Vegas, Nevada, October 3, 2023, PRNewswire – Allegiant Travel Company (NASDAQ: ALGT) announces financing commitments for seven Airbus A320 and four Boeing 737 MAX aircraft from BNP Paribas, Europe’s leading bank, and Jackson Square Aviation (JSA), a leading global commercial aircraft lessor.

The innovative $412M deal combines banking and lessor capital to secure Allegiant’s aircraft financing needs into the second quarter 2024, while providing the airline with healthy liquidity at an attractive cost in today’s market.

Allegiant has drawn down $196 million on September 29, and the remainder will be drawn commensurate with its initial 737 MAX deliveries.

Allegiant currently operates an all-Airbus fleet comprised of 127 Airbus A319’s and A320’s.

Maldivian Airlines updates regional fleet with additional ATR 42-600 order

September 20, 2023 / WIL BALDWIN

Toulouse, France, September 19, 2023 – Maldivian Airlines, the national airline of the Maldives and the world number one regional aircraft manufacturer ATR, have signed a firm order for two ATR 42-600 aircraft. These highly-efficient new aircraft will join the airline existing regional fleet, including two ATR 72-600 and one ATR 42-600, to replace older generation turboprops.

With these modern aircraft, powered by extra efficient PW127XT engines and featuring a spacious and appealing cabin, Maldivian will offer further reliable and affordable connectivity to the archipelago’s communities and businesses, contributing to the Maldives’ economic dynamism while lowering emissions.

About Maldivian

Maldivian, the national airline of the country embodies the spirit of the Maldives by providing exceptional air travel services that showcase the natural beauty and warm hospitality of the island nation. The airline is the leading domestic carrier with a scheduled network comprising of 16 domestic sectors. Maldivian operates the largest wheel-based fleet in the country which includes DeHavilland Dash 8 and ATR aircraft. Maldivian Seaplane, which consists of DeHavilland DHC-6 Twin Otter aircraft, further enhances the airline’s domestic operation by providing specialized tourist air transportation service connecting customers directly to the doorstep of their chosen resort. Operating from its hub in Male’, the airline provides international scheduled flights to cities in India and Bangladesh.

Thaicom contracts Airbus for a OneSat flexible telecommunications satellite

September 11, 2023 / WIL BALDWIN

Toulouse, France, September 11, 2023 – Thaicom PCL (THCOM), a leading Asian satellite operator and space technology company, has selected Airbus Group SE (AIR) for its new generation software-defined high throughput satellite.

Airbus will provide one of its latest designed satellites – a fully reconfigurable OneSat. This Thaicom satellite will provide extended connectivity in Ku-band over the Asia-Pacific region for millions of users. Thaicom has launched and operated eight geostationary satellites. This is Thaicom’s first flexible satellite, allowing for more adaptability on coverage, frequency and capacity which is crucial in such a dynamic region.

Positioned in orbit at 119.5° East, this state-of-the art satellite will enable Thaicom to propose to other partner operators a share of its satellite’s payload capacity, lowering their costs and still ensuring they have separate control of their individual payload capacity and flexibility.

Airbus will design and manufacture the satellite, and also provide ground control segment components. Airbus plans to deliver the satellite in 2027.

Airbus OneSat can be fully reconfigured in orbit, capable of adjusting the coverage area, capacity and frequency “on the fly” to meet evolving mission scenarios. It builds on the heritage of Airbus’ ultra-reliable Eurostar geostationary telecommunication satellites and the company’s constellation expertise with OneWeb. Development of the OneSat programme is supported by ESA, as well as the French Space Agency (CNES), and the UK Space Agency.

About Maldivian

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