Tag: segment (Page 1 of 2)

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.

U.S. and Switzerland sign agreement for PAC-3 MSE missiles

November 2, 2023 / WIL BALDWIN

Bern, Switzerland, Oct. 31, 2023 – United States and Switzerland officials formalized an agreement for Switzerland to purchase Lockheed Martin’s (NYSE: LMT) Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles and related support equipment. With this agreement, Switzerland becomes PAC-3’s 15th partner nation.

PAC-3 MSE will bolster Switzerland’s Patriot ground-based air defense system as a part of the Switzerland Air Force’s Air2030 program.

Lockheed Martin and armasuisse also finalized the Offset Agreement supporting the PAC-3 MSE program. This agreement is the catalyst for multiple new projects that will support Switzerland’s security-relevant technology and industry base (STIB).

The PAC-3 MSE expands the battlespace with a dual-pulse solid rocket motor, providing increased performance in altitude and range. PAC-3 MSE is a high-velocity interceptor that defends against incoming threats, including tactical ballistic missiles, cruise missiles, advanced threats and aircraft. The PAC-3 MSE missile uses Hit-to-Kill technology, intercepting threats through kinetic energy via body-to-body contact.

Forward-Looking Statements

This press release 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.

Lufthansa City Airlines to start flight operations in Summer 2024

October 25, 2023 / WIL BALDWIN

October 25, 2023 – Deutsche Lufthansa AG (Xetra: LHAG) newly established City Airlines will start flight operations in the summer of 2024. The airline was founded last year and received its Air Operator Certificate (AOC) from the German Federal Aviation Authority back in June. It will operate its flights from the Munich and Frankfurt hubs and thus also offer feeder flights for Lufthansa. City Airlines will operate alongside Lufthansa CityLine. Recruitment of operational staff will begin in November 2023, with pilots and cabin crew members needed for the launch.

The competitive strengthening of the short-haul network is essential for the market position of Lufthansa Group and for the planned growth of the long-haul segment in the German market.

In order to position City Airlines for the long term, English-speaking pilots are also being considered in the recruitment process for cockpit roles. Applicants with prior experience will be given preference during hiring. For Group employees interested in switching to City Airlines, offers with voluntary switching conditions can be negotiated. This includes Lufthansa CityLine staff in particular.

Talks with the social partners to agree on conditions for competitive and secure jobs have already begun.

Lufthansa customers and passengers can look forward to a Lufthansa customer experience on board City Airlines aircraft. While City Airlines will start operations with Airbus A319 aircraft, Lufthansa Group is currently also evaluating the possibility of using Airbus A220 or Embraer aircraft.

Luxembourg, Historical city center in the morning, Aerial View

Luxair orders four Embraer E195-E2 and secures delivery positions for additional five

October 11, 2023 / WIL BALDWIN

ERA General Assembly, Innsbruck, Austria, October 11, 2023 – Embraer SA (NYSE: ERJ) and Luxair, flag carrier of the Grand Duchy of Luxembourg, have signed a firm order for four E195-E2; the most efficient regional aircraft in the single aisle segment. The aircraft will complement the larger narrowbody aircraft recently ordered by the airline.

Luxair has ordered four E195-E2s, with two options and three purchase rights for more aircraft, with conversion rights to E190-E2 as required. The first aircraft delivery is scheduled for Q4 2025.

About Luxair

Founded in 1961, Luxair is a key player in the economy of the Grand Duchy of Luxembourg and the surrounding Greater Region. Passenger air transport is probably the most well-known activity of the general public. Luxair offers fast air service to most major cities, business centres and international hubs in Europe. The airline offers maximum flexibility to its business customers and quality travel to its leisure customers. Luxair’s tour operator offers a wide range of packages and themed holidays through its tourism division. Luxair is also the provider of airport services at Luxembourg Airport and its air cargo division handles all kinds of goods with ease and efficiency.

THEOS-2 satellite for Thailand successfully launched

October 9, 2023 / WIL BALDWIN

The Airbus Group SE (Paris: AIR) THEOS-2 Earth observation satellite has been successfully launched on a Vega rocket from Kourou, Europe’s spaceport in French Guiana. The Geo-Informatics and Space Technology Development Agency of Thailand (GISTDA) selected Airbus as partner for its next-generation national geo-information system in 2018.

THEOS-2 follows the Airbus-built THEOS-1 satellite launched in 2008, which still continues to deliver imagery well beyond its 10-year operational lifetime. In the frame of THEOS-2 programme, GISTDA’s geo-information system benefits from satellite imagery collected by the Airbus constellation of optical and radar Earth observation satellites such as Pléiades and TerraSAR-X.

The contract also includes a second Earth observation satellite – THEOS-2 SmallSAT – from Airbus’ subsidiary SSTL, combined with a comprehensive capacity building programme involving Thai engineers in the development of applications, ground segment and the SmallSAT spacecraft itself. THEOS-2 SmallSAT is based on SSTL’s CARBONITE series of Earth observation spacecraft and has been delivered to Thailand.

THEOS-2 satellite in anechoic chamber – Copyright Airbus

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.

Dassault’s Falcon 6X receives EASA and FAA certification

August 22, 2023 / WIL BALDWIN

Saint-Cloud, France, August 22, 2023 – Today, the European Aviation Safety Agency (EASA) issued the type certificate for the Dassault (AM.PA) Falcon 6X, followed by the U.S. Federal Aviation Administration (FAA).

These certifications conclude a more than two-year-long test campaign during which 1,500 flight hours were logged worldwide. It is a significant step on the path to entry into service for the Falcon 6X, with the first units undergoing final completion.

The Falcon 6X is the most spacious, advanced and versatile twinjet in the long-range business jet segment. It has been recognized with various design awards, including the Red Dot Award and the International Yacht & Aviation Award.

Alstom and partners inaugurate first REM segment in Montreal Canada

July 28, 2023 / WIL BALDWIN

July 28, 2023 – The Groupe PMM consortium led by Alstom (OTC: ALSMY), Groupe des partenaires pour la mobilité des Montréalais, participated in the inauguration hosted by its customer, CDPQ Infra, of the first segment of Réseau express métropolitain (REM), a new automated urban rail system, which connects Brossard on Montreal’s South Shore with Montreal’s Central Station. Upon completion, REM will be one of the world’s largest automated transport networks – 67 kilometres long with 26 stations – connecting downtown Montreal to the South Shore, the North Shore, the West Island and Pierre Elliott Trudeau International Airport, it will provide rapid service with trains arriving every 3 minutes 45 seconds during peak hours and operate 20 hours a day.

Groupe PMM provided REM with a complete driverless, automated metro system, including rolling stock and signalling, and will operate and maintain the entire 67-kilometre system for 30 years. The first segment, between Brossard and Montreal’s Central Station, spans 17 kilometres and includes five (5) stations equipped with a system of platform screen doors installed by Alstom, a first in Quebec. Eighty (80) Metropolis metro cars will be operated on this segment, which will enter commercial service on July 31st.

The event was held in the presence of Justin Trudeau, Prime Minister of Canada, François Legault, Premier of Quebec, Valérie Plante, Mayor of Montreal, Charles Émond, President and CEO of the Caisse de dépôt et placement du Québec, Jean-Marc Arbaud, CEO of CDPQ Infra, Henri Poupart-Lafarge, Chairman and CEO of Alstom, Michael Keroullé, President of the Americas region for Alstom and Jean-Michel Morvan, Director of the Groupe PMM consortium.

Under the terms of the contract, Groupe PMM will supply 212 Alstom Metropolis metro cars (106 two-car trainsets), Alstom’s Urbalis GoA4 (Grade of Automation 4) driverless and automated communications-based train control (CBTC) solution, and Alstom’s Iconis control centre solution, as well as platform screen doors, Wi-Fi connectivity, cybersecurity, depot equipment and 30 years of operations and maintenance services, including HealthHub^TM for predictive maintenance and fleet management. Groupe PMM is also responsible for train and system integration tests.

DENSO and Honeywell Ascend Into Urban Air Mobility With Expanded Alliance

May 25, 2021 / WIL BALDWIN

SOUTHFIELD, Mich., and PHOENIX, May 24, 2021 /PRNewswire/ — DENSO, a leading mobility supplier, has signed a long-term agreement with aerospace leader Honeywell (NASDAQ: HON), establishing an alliance focused on electric propulsion units to meet new aerospace needs. Drawing from their automotive and aerospace backgrounds, the companies will develop and manufacture electric propulsion systems for aircraft, initially prioritizing the urban air mobility (UAM) segment with a focus on air taxis and delivery vehicles.

DENSO and Honeywell are in advanced discussions with current and prospective customers and intend to deliver flight test configurations of the electric propulsion systems within the next year. This focus on electrified power sources will not only help the companies fulfill UAM’s promise of providing cleaner, safer, more efficient, quieter and freer-moving transportation in and between cities, but also strengthen each company’s efforts to achieve carbon neutrality by 2035.

The formal alliance follows the companies’ initial teaming agreement in 2019. DENSO’s ability to produce quality components at mass scale paired with Honeywell’s storied aerospace expertise make for an alliance ready to take UAM to new heights. Additionally, the alliance’s electric propulsion systems will integrate seamlessly with Honeywell’s fly-by-wire, avionics and actuation systems, extracting the most thrust and lift from every watt of electricity.

Honeywell is one of the world’s leading makers of electronics, engines and mechanical systems for aircraft. Its systems fly on virtually every airliner in the sky, along with thousands of business jets and light aircraft. DENSO, meanwhile, develops advanced technology and components for nearly every make and model of road vehicle in existence today.

The alliance with Honeywell enhances DENSO’s Second Founding, the company’s strategy to provide value beyond a vehicle-centric focus and produce the core technologies for future mobility. It also bolsters DENSO’s two great causes: “Green” — acting environmentally friendly — and “Peace of Mind” — creating a safer and more seamless world for all. These guide DENSO as it leverages its 30-plus years of electrification know-how to create cleaner, more efficient mobility and will help the company reach its 2035 goal to be carbon neutral. Honeywell has also pledged to be carbon neutral in its facilities and operations by 2035.

The two companies will work together to seek customers who can help transform how the world moves, making transportation safer, more sustainable and efficient.

Lockheed Martin to Deliver Sweden World’s Most Advanced Air Defense Missile

May 11, 2021 / WIL BALDWIN

Lockheed Martin successfully delivered Sweden’s first Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors in April, providing the country with the world’s most advanced air defense missile that uses Hit-to-Kill technology to defend against incoming threats.

U.S. and Swedish officials formalized an agreement for Sweden to purchase PAC-3 MSE interceptors and related support equipment in August 2018.

The PAC-3 MSE’s revolutionary two-pulse solid rocket motor provides increased performance in both altitude and range while employing the same proven Hit-to-Kill technology that the PAC-3 CRI missile uniquely brings to the Patriot system.

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