Tag: platform (Page 1 of 5)

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.

Lockheed Martin delivers 75th APY-9 radar for E-2D Advanced Hawkeye

January 29, 2024 / WIL BALDWIN

Syracuse, New York, January 29, 2024 – Lockheed Martin Corporation (NYSE: LMT), under contract to Northrop Grumman for the U.S. Navy’s E-2D Advanced Hawkeye, has delivered the 75^th APY-9 radar that provides the U.S. Navy with information dominance through revolutionary sensor capability. More Hawkeyes have been built and delivered than any other AEW platform in the world.

The newest Advanced Hawkeye variant is at the forefront of technological capability, due in large part to Lockheed Martin’s APY-9 radar. The Northrop Grumman-built E-2 has come to be known as the U.S. Navy’s “eyes of the fleet” because of its ability to simultaneously watch over air, land and sea. Any time a Navy carrier has aircraft airborne, there is an APY-9 radar at work, guarding the United States and its allies.

On Time and On Task

The U.S. Navy has funded 80 out of 86 aircraft in the current program of record. Japan has purchased 18 E-2D Hawkeyes and France has purchased three. With U.S. and international demand, the APY-9 is expected to be in production into the late 2020’s, and in modernization and sustainment well into the 2040’s.

Click the link below to read the full press release!

Lockheed Martin APY-9 Radar

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.

Alstom signs contract to supply 16 electric locomotives in Romania

January 29, 2024 / WIL BALDWIN

January 29, 2024 – Alstom, global leader in smart and sustainable mobility, and the Romanian Railway Reform Authority (ARF) have signed a contract for the delivery of 16 Traxx 3 MS electric locomotives and 20 years of associated maintenance services. The contract, totalling around €150 million, extends Alstom’s collaboration with ARF within the rolling stock sector. The 20-year maintenance and repair period can be extended by a further 20 years by concluding an additional agreement.

The Traxx locomotives offer a flexible design based on a robust, modular platform approach compatible with many applications (single or multi-country freight and passenger transport) and available in various configurations (AC, DC and multi-system). This product delivers increased operational performance and reliability with higher energy efficiency and extended maintenance intervals to improve its availability.

Alstom has been active in Romania for almost 30 years and is a market leader in railway electrification and signalling solutions. The company is responsible for implementing signalling or electrification solutions on the Rhine-Danube railway corridor as well as in the Cluj area, where the company is also part of the consortium building the second metro system in the country, in the city of Cluj Napoca. The first CBTC urban signalling solution in the country is under implementation by Alstom on Bucharest’s metro Line 5. The company has also been the provider of maintenance services for the Bucharest metro fleet for nearly 20 years, with an ongoing contract valid until 2036.

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.

Boeing enhanced AH-64E Apache helicopter completes first flight

October 11, 2023 / WIL BALDWIN

Mesa, Arizona, October 11, 2023 – The newest version of the AH-64E Apache has successfully flown with an upgraded capabilities suite as Boeing (NYSE: BA) continues to modernize the platform. The upgraded E-model Apache, known as Version 6.5, or V6.5, is the next configuration of the world’s premier attack helicopter.

Building onto V6.5, the company is working with the U.S. Army to integrate the Improved Turbine Engine (ITE). The engine, a General Electric Company (NYSE: GE) Aerospace T901, will offer improvements in reach, available power, time on station and fuel efficiency, as well as sustainment improvements like health and usage monitoring, maintenance and engine lifespan.

V6.5, awarded by the U.S. Department of Defense in December 2021, includes software updates enhancing capabilities and improving the pilot interface. Some of those enhancements include:

Optimized route and attack planning
Enhanced Link 16 features
Integration of an Open Systems Interface, setting the stage for Modular Open Systems Approach for maximum interoperability, faster integration and advanced capabilities fielding.

Airbus unveils PioneerLab twin engine flying laboratory

September 25, 2023 / WIL BALDWIN

Hamburg, Germany, September 25, 2023 – During the German National Aviation Conference in Hamburg, Airbus Group SE (Paris: AIR) Helicopters unveiled the PioneerLab, its new twin-engine technology demonstrator based on the H145 platform. It complements Airbus’ range of FlightLabs and focuses on testing technologies that reduce helicopter emissions, increase autonomy and integrate bio-based materials.

The PioneerLab aims to demonstrate a fuel reduction of up to 30% compared to a conventional H145, thanks to a hybrid electric propulsion system and aerodynamic
improvements. Aboard the demonstrator, Airbus Helicopters will also flight-test structural components made from bio-based and recycled materials, which aim to reduce the
environmental footprint across the entire aircraft life cycle. The company intends to produce the new parts using processes that reduce material and energy consumption and improve recyclability. Further research activities will include the integration of the latest digital technologies into the aircraft’s flight control system and associated sensors to increase autonomy and safety during critical flight phases such as take-off and landing.

PioneerLab is partially co-funded by the BMWK, the Federal German Ministry for Economic Affairs and Climate Actions through its national research program LuFo. Airbus Helicopters’ FlightLabs provide agile and efficient test beds to quickly test technologies. They are part of the company’s strategy to bring incremental innovation to improve its current products and as well as to mature technology for future platforms.

The PioneerLab’s flight campaign has already begun at the manufacturer’s largest German site in Donauwörth, with a rotor strike alerting system being the first techno-brick tested on board the demonstrator. The next phase will be to test an automated take-off and landing system.

Austrian Ministry of Defense selects Embraer C-390 as new military transport aircraft

September 20, 2023 / WIL BALDWIN

The Austrian Ministry of Defense announced today the decision to select the Embraer (NYSE: ERJ) C-390 Millennium aircraft as its new tactical transport solution. Embraer is honored to be chosen to support this important Air Force in Europe.

Austria joins Brazil, Portugal, Hungary and the Netherlands as future operator of the C-390 Millennium multi-mission platform, an aircraft that is rapidly redefining the standards of tactical transport in the world defense market.

Embraer is ready to support the Austrian Ministry of Defense and Air Force in order to meet the demanding requirements of their acquisition process and prepared to further strengthen the relationship with this nation.

Garmin expands xHD3 series with new magnetron dome radars

September 6, 2023 / WIL BALDWIN

Olathe, Kansas, September 6, 2023, PR Newswire – Garmin (NYSE: GRMN), the world’s most innovative and recognized marine electronics manufacturer, today announced the addition of two radars to the magnetron lineup, the GMR^™ xHD3/HD3 dome radar series. These new radars provide high-definition imaging and the latest platform technology to give boaters, sailors and anglers extra peace of mind on the water.

Now available in an 18” or 24” model, the xHD3 dome radar series adds new premium features for maximum clarity and awareness on the water:

Scan Averaging – a first for Garmin magnetron dome radar – to help filter sea clutter and interference, delivering a clearer display.
Target Size optimizes on-screen object shapes at all range scales through pulse expansion and angular processing.
True Echo Trails shows a historical “trail” of boats on the water, removing relative motion influence to help quickly identify moving targets and potential collision threats.
Rotation Speed up to 60 rpm to improve the redraw rate for faster target updates on a multifunction display (MFD).

GPSMAP 923xsv and GMR 18 HD3 Dome Radar Product Renders

A.P. Moller–Maersk to strengthen distribution network in India with more than 500 Electric Vehicles

August 23, 2023 / WIL BALDWIN

Mumbai, India – A.P. Moller – Maersk (OTC: AMKBY) has the ambition to be Net Zero across business and provide customers with 100% green solutions by 2040. To achieve this goal, there is a strong need to decarbonise logistics at every stage. It is important not only for Maersk to achieve these sustainability goals but for the customers too, who are demanding environmentally friendly solutions that would decarbonise their supply chains.

In September 2022, Maersk unveiled its three-wheeler and four-wheeler EV’s in Mumbai, India and soon rolled them out for its first customer in the NCR region. Since then, the awareness around EV’s that can support distribution logistics in India has risen, and with that has come an unprecedented demand from several customers.

Maersk has recently tied up with a large e-Commerce platform in India to support its distribution requirements with a dedicated fleet of EV’s that range in the capacity of 550 to 700 Kgs with a driving range of over 120 km. Over 200+ vehicles have already been deployed across 15 cities, and more than 300 EV’s.

So far, Maersk’s EV fleet has covered more than 135,000 km. Maersk is also investing in creating a charging network for its fleet of EV’s, including the option to harness solar energy at its own facilities for warehouses across the country.

Surf Air Mobility Announces the Successful Completion of Southern Airways Acquisition

August 6, 2023 / WIL BALDWIN

Los Angeles, California – August, 2023 – Surf Air Mobility Inc. (SAM), a regional platform aiming to sustainably connect the world’s communities, announced that the it has completed the acquisition of Southern Airways (“Southern”) immediately prior to its listing on the New York Stock Exchange under the ticker symbol SRFM on July 27, 2023. The combination of Surf Air Mobility and Southern will provide the basis for SAM’s anticipated expanded, nationwide regional air mobility platform. Following the close of the transaction on July 27, 2023, Surf Air Mobility has 69,742,981 basic shares and 71,603,186 fully diluted shares outstanding.

Surf Air Mobility intends to accelerate the adoption of green flying by developing, together with its commercial partners, hybrid-electric and fully-electric powertrain technology to upgrade existing fleets. By creating a financing and services infrastructure to enable this transition at an industry-wide level, Surf Air Mobility believes it can bring electrified aircraft to market at scale and substantially reduce the cost and environmental impact of regional flying. Surf Air Mobility believes such cost and environmental impact reductions are achievable by the end of the decade, and that operating as a publicly-traded company and having efficient access to growth capital will enable and accelerate the implementation of its strategic plan.

Surf Air Mobility also announced that it will release its financial results for the second quarter of 2023 and provide outlook for the full year 2023 the week of August 14, 2023.

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