HEICO Corporation Acquires Leading Provider of Business and Regional Jet Avionics Repair Solutions

February 3, 2025 9:00 AM

LEE'S SUMMIT, MO and MIAMI, FL / ACCESS Newswire / February 3, 2025 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced its Flight Support Group has acquired 90% of the stock of Millennium International, LLC ("Millennium"). The balance of the company's ownership will continue to be held by its co-founders. Transaction terms and financial details were not disclosed.HEICO stated that it expects the acquisition to be accretive to its...

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Unusual Machines Enters Into a Definive Agreement to Acquire Drone Software Company Aloft Technologies to Grow the American Drone Ecosystem

February 3, 2025 8:30 AM

Unusual Machines (NYSE:UMAC) has announced the signing of a binding agreement to acquire of Aloft Technologies, Inc. (https://www.aloft.ai/), the leading FAA-approved provider of unmanned aerial system (UAS) services to enterprise, public safety, and government customers. The acquisition is almost all in stock, valued at $14.5M.The proposed acquisition brings together companies that share commitment to strengthening the U.S. drone industry....

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MagCorp has Joined Electromagnetic Launch, Inc. and The Robinson Research Institute in the Venture to Create the World’s First High Temperature Superconductor Based Mass Driver

January 31, 2025 4:05 PM

The Electromagnetic Launch, Inc. (EML) high-temperature superconducting mass driver, designed to transform launch costs by an order of magnitude, continues to gather the leading talents in the high-energy physics and high-temperature superconducting communities.Utilizing the patent pending designs from the EML and Robinson Research Institute physicists, Magnetics Corporation (MagCorp) has joined the team to manage the construction of the...

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Volatus Aerospace Surpasses 75,000 Flight Hours in Pipeline Integrity Monitoring, Reinforcing Leadership in Aerial Inspection Services

January 30, 2025 11:00 AM

Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(Frankfurt:A2JEQU) ("Volatus" or "the Company") is pleased to announce that it has surpassed 75,000 flight hours conducting pipeline integrity monitoring. This milestone reinforces the company's leadership in aerial inspection services and underscores its commitment to supporting critical energy infrastructure with advanced monitoring solutions.This milestone reflects the power of AIRS (Aerial...

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Nuvotronics Selected by MDA Space as Part of MDA AURORA(TM) Supply Chain

January 29, 2025 9:00 AM

Cubic Corporation announces that its Microelectronics business, Nuvotronics, has been selected by MDA Space Ltd. (TSX:MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, as part of the company's supply chain for MDA AURORA™, a game-changing product line driving the transition from analog to digital satellite technology.Nuvotronics will provide high-performance mmWave filters, which offer...

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Skyway and MatrixSpace Partner to Elevate Aerospace Navigation With Advanced Air Traffic and Drone Detection Solutions

January 28, 2025 10:45 AM

Skyway, a leading California-based vertiport development and operations company, and MatrixSpace, a pioneering AI-enabled sensing platform, have announced a strategic partnership to advance the integration of intelligent air traffic management and unmanned aircraft detection systems. This collaboration aims to redefine safety, efficiency, and scalability in the rapidly evolving Advanced Air Mobility (AAM) and unmanned aerial systems (UAS)...

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NOVI Announces Successful In-Orbit Deployment and Operation of Its SP240 On-Board Computer and Edge-Processor

January 28, 2025 9:15 AM

NOVI Space Inc. (NOVI), a leading innovator in space-edge processing, proudly announces that it has successfully reached orbit and begun operation of its second generation SP240 On-Board Computer (OBC). The SP240 is built upon the AMD Versal Adaptive Compute Acceleration Platform (ACAP). Its modular architecture consolidates functions into one compact, power efficient form factor that provides Size, Weight and Power (SWaP), and cost...

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HEICO Subsidiary Acquires Exclusive License and Key Related Assets for Honeywell's Boeing 777 AIMS & 737NG via Product Lines

January 28, 2025 9:00 AM

MIRAMAR, FL and HOLLYWOOD, FL / ACCESS Newswire / January 28, 2025 / HEICO Corporation (NYSE:HEI.A, HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license agreement and acquired key assets for the Boeing 777 AIMS (Airplane Information Management System) and Boeing 737NG/P-8/E-7 VIA (Versatile Integrated Avionics) product lines from Honeywell. The transaction was structured as an exclusive perpetual license and...

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Unusual Machines Announces NDAA Compliant FPV Drone Camera

January 28, 2025 8:45 AM

Unusual Machines, a leading innovator in drone technology with a current focus on U.S. based manufacturing and marketing of drone parts, today announces the launch of the Fat Shark Aura FPV Camera. This high-performance, NDAA-compliant analog camera is designed to meet the demands of FPV drone applications and is available for purchase now.The Fat Shark Aura FPV Camera is equipped with a SONY 1/3" CMOS image sensor, offering 1200TVL resolution...

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Hidden Level’s RF Sensors Power Naval Innovation in Saab Inc's Autonomous Ocean Core Demonstration at WEST 2025

January 27, 2025 10:00 AM

Hidden Level, a leader in passive radar and radio frequency sensing technology for detecting and precisely locating drones and other threats around you, is proud to announce its integral role in Saab Inc's Autonomous Ocean Core (AOC) demonstration, set to debut at the WEST 2025 conference in San Diego. This event showcases cutting-edge advancements in naval autonomous systems, emphasizing seamless integration and superior performance across...

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Dr. Sergey Macheret Launches Personal Website to Foster Knowledge and Dialogue in Plasma Science, Technology and Aerospace Engineering

January 27, 2025 8:50 AM

Dr. Sergey Macheret, a renowned expert in plasma science & technology and aerospace engineering, is excited to announce the launch of his personal website, designed as a platform to connect with peers and facilitate discussions that would advance the field. The website marks a significant step in Dr. Macheret's ongoing commitment to enhancing innovation and collaboration within the community.Having held positions in both academia and industry,...

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Loar Group adds Chief Talent Officer to Executive Team

January 27, 2025 8:45 AM

Loar Holdings Inc. (NYSE:LOAR) ("Loar," "we" and "our"), welcomes Nicole Huque as Chief Talent Officer, reporting to CEO & Executive Co-Chairman Dirkson Charles. In this newly created role, Ms. Huque will be responsible for strengthening leadership capability and optimizing the performance driven culture across the portfolio."Talent is one of Loar's strategic value drivers and the addition of Nicole as our Chief Talent Officer builds capacity...

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Volatus Aerospace Partners with DroneUp to Revolutionize North American Cargo Services with Advanced Drone Technology

January 23, 2025 5:10 PM

Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(Frankfurt:A2JEQU) ("Volatus" or "the Company") a leader in innovative aerial solutions, today announced a teaming and operations service agreement with DroneUp, LLC, a renowned technology provider in the drone industry. This strategic partnership will allow Volatus to drive a unified commercial offering for common carrier cargo services across North America, leveraging next generation drone...

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Cariny Camacho Appointed as Chief Human Resources Officer for Chromalloy

January 22, 2025 7:30 AM

Chromalloy is pleased to announce the appointment of Cariny Camacho to the role of Chief Human Resources Officer (CHRO).Cariny is a distinguished human resource professional with extensive experience in driving cultural change, implementing strategic human resources operating systems, managing organizational development, and partnering with operating leadership for talent management and development. She has earned a reputation for fostering...

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Cubic to Provide More F-35 Combat Training Subsystems

January 21, 2025 9:00 AM

Cubic has received a contract award from Lockheed Martin to supply P5 Internal Subsystems (IS) to the F-35 program. Cubic, a recognized industry leader in providing Air Combat Training, will deliver 100 P5 subsystems for F-35 production aircraft.F-35s train for lethality, by Airman 1st Class Yosselin Campos, dvidshub.net The F-35 P5 delivers encrypted, real-time data for accurate training scenario augmentation and realistic adversary threat...

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RETRANSMISSION: Platform Aerospace Has Successfully Flown Vanilla UAS Using the Quattro Flight Management System (FMS)

January 21, 2025 9:00 AM

Platform Aerospace announces the Vanilla UAS has successfully flown using the Quattro Flight Management System (FMS) from Applied Navigation and is on track to transition to the Quattro FMS in early 2025.Platform Aerospace is working with Applied Navigation to integrate the new autopilot into our Ultra-Long Endurance, Group 3 Vanilla Unmanned Aircraft System (UAS). To date, over 40 flight hours have been logged across five test flights performed...

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General Atomics Successfully Tests Nuclear Thermal Propulsion Reactor Fuel at NASA Marshall Space Flight Center

January 20, 2025 11:00 AM

General Atomics Electromagnetic Systems (GA-EMS) announced today that it has successfully executed several significant high-impact tests at NASA's Marshall Space Flight Center (MSFC) to advance the development of Nuclear Thermal Propulsion (NTP) reactor technology for rapid, agile cislunar transportation and deep space missions, including human missions to Mars. Tests were conducted in collaboration with NASA to verify the ability of the GA-EMS...

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ArmorSource Introduces AireSupport Max: Redefining Performance and Comfort in Head Protection

January 20, 2025 10:00 AM

ArmorSourceis excited to unveil the AireSupport Max, a revolutionary helmet suspension system, at the 2025 SHOT Show in Las Vegas, Nevada. Engineered with advanced 3D technology to provide unparalleled comfort and superior impact protection, the AireSupport Max is set to redefine the standard for high performance head protection.According to Nick Gramly, the VP of Technology for ArmorSource: "What sets AireSupport Max apart is its innovative...

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Platform Aerospace Has Successfully Flown Vanilla UAS Using the Quattro Flight Management System (FMS)

January 17, 2025 9:00 AM

Platform Aerospace announces the Vanilla UAS has successfully flown using the Quattro Flight Management System (FMS) from Applied Navigation and is on track to transition to the Quattro FMS in early 2025.Platform Aerospace is working with Applied Navigation to integrate the new autopilot into our Ultra-Long Endurance, Group 3 Vanilla Unmanned Aircraft System (UAS). To date, over 40 flight hours have been logged across five test flights performed...

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Unusual Machines Adds Electronic Speed Controller to the Blue UAS Framework

January 17, 2025 7:15 AM

Unusual Machines, Inc. (NYSE American:UMAC), a leading innovator in drone technology with a current focus on U.S. based manufacturing and marketing of drone parts is pleased to announce the release of the Rotor Riot Brave 55A ESC and its addition to the Blue UAS Framework. This product addresses the critical need for non-Chinese, NDAA-compliant components in the U.S. drone industry. Unusual machines now has two drone components placed on the...

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