Aerospace & Defense

Unusual Machines' FPV Camera Added to Blue UAS Framework

February 19, 2025 8:30 AM

Unusual Machines (NYSE:UMAC) announced today that its Fat Shark Aura FPV Camera has been added to the U.S. Defense Department's Defense Innovation Unit's (DIU) Blue UAS Framework. It is the only camera on the Blue UAS list purpose-built for first person view ("FPV") applications, providing a high-performance, NDAA-compliant option for defense and government users. This approval marks another step forward in Unusual Machines' mission to supply...

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GA-ASI and CAE Sign Long-Term Agreement to Develop the Next Generation MQ-9B SkyGuardian(R) Mission Trainer

February 18, 2025 8:00 PM

General Atomics Aeronautical Systems, Inc. and CAE are pleased to announce a long-term agreement for the development and production of the next-generation mission trainer for GA-ASI's MQ-9B SkyGuardian® remotely piloted aircraft system (RPAS). The contract with GA-ASI includes a firm order for 11 mission trainers, with the opportunity to deliver up to 50 devices over the next five years. The agreement brings together two industry leaders to...

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General Atomics and EDGE Establish Partnership to Manufacture, Test and Repair Electromechanical Systems

February 17, 2025 10:00 AM

EPI, an entity of EDGE Group and the cornerstone of precision engineering in the UAE's aerospace, oil and gas, and defence industries, has signed a Memorandum of Understanding (MoU) with General Atomics-Systems Integration, an affiliate of General Atomics. The signing ceremony was held on February 17, 2025, at the Abu Dhabi National Exhibition Centre during the International Defence Exhibition and Conference (IDEX) 2025. "Through this...

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EMCORE Reports Fiscal 2025 First Quarter Results

February 13, 2025 4:01 PM

EMCORE Corporation (Nasdaq:EMKR), a leading provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2025 first quarter (1Q25) ended December 31, 2024. "Gross profit margins increased significantly in fiscal 1Q25, primarily driven by the completion of all restructuring-related cost reduction activities during the prior quarter, as well as a favorable revenue mix. Backlog remains...

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Skyway and DART Launch Strategic Partnership to Further Vertiport Network Development Throughout California

February 13, 2025 9:00 AM

Skyway, a California-based vertiport development and operations company, has partnered strategically with the Drones, Automation & Robotics Technology (DART) organization to accelerate advanced air mobility (AAM) solutions throughout California. This partnership with DART, established in the Monterey Bay Tri-county Region and home to some of the leading eVTOL manufacturers, highlights a shared mission to bring investment, innovation, and...

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HEICO Corporation Announces Regular Quarterly Conference Call

February 12, 2025 9:00 AM

HOLLYWOOD, FL and MIAMI, FL / ACCESS Newswire / February 12, 2025 / On February 26, 2025 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2025. The earnings release will be available through the Internet on the Company's website at https://www.heico.com. In order to assist interested parties in scheduling their participation in HEICO teleconferences, the...

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IEH Corporation Files Form 10-Q for Fiscal Quarter Ended December 31, 2024

February 11, 2025 4:30 PM

IEH Corporation (OTC PINK:IEHC) today filed with the Securities and Exchange Commission (SEC) its quarterly report on Form 10-Q for the 3rd fiscal quarter ended December 31, 2024. For the quarter ended December 31, 2024, IEH had revenues of $7,217,616 as compared to $5,107,757 for the quarter ended December 31, 2023 reflecting a 41% increase; an operating loss of $130,086 for 3rd quarter fiscal year 2025 as compared to an operating loss of...

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Safe Pro to Present at "Mine Action in Ukraine" Innovation Session Hosted by the Geneva International Centre for Humanitarian Demining (GICHD)

February 11, 2025 8:03 AM

Safe Pro Group Inc. (Nasdaq:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced that members of its Safe Pro AI team will be presenting and participating in the "Mine Action in Ukraine" Innovation Session hosted by the Geneva International Centre for Humanitarian Demining (GICHD) being held in Kyiv, Ukraine on February 12th and 13th. At the...

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ATS Technic Named Approved Part 145 Service Provider for Satys Aerospace in the Middle East

February 11, 2025 3:00 AM

For more information, visit www.satys.comATS Technic and Satys Aerospace announce a strategic partnership to optimize aircraft painting and maintenance services in the Middle East. Under this collaboration, ATS Technic becomes the approved EASA Part 145 service provider for Satys Aerospace in the region, providing comprehensive support to airlines and operators. This partnership coincides with the inauguration of Satys' 33,000-square-foot,...

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ATS Technic and MTU Maintenance Lease Services Collaborate on Line Maintenance Services in the Middle East

February 11, 2025 3:00 AM

ATS Technic has signed a line maintenance service agreement with MTU Maintenance Lease Services, the leasing and asset management arm of the leading provider of tailor-made MRO services for aero engines. This partnership marks an important milestone for ATS Technic, which is certified under EASA Part 145, enabling it to round off MTU Maintenance's MRO operations for the Middle East region. Last December, ATS Technic completed the first engine...

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Applied Energetics Announces Opening of New Battle Lab for Advanced Ultrashort Pulse Laser Testing and Demonstration

February 10, 2025 8:30 AM

Applied Energetics, Inc. (OTCQB:AERG), a leader in the field of advanced optical technologies and ultrashort pulse laser (USPL) technologies, today announced the opening of its new Battle Lab, a world-class facility designed to test, demonstrate, and advance emerging laser technologies in dynamic environments. The facility, as planned, is also expected to provide the capacity to manufacture and integrate advanced lasers as Applied Energetics...

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ATS Technic and STS Aviation Services Join Forces to Revolutionize Aviation Maintenance in the Middle East

February 10, 2025 8:00 AM

ATS Technic, the first EASA-independent Maintenance Organization in the UAE, is proud to announce a groundbreaking partnership with STS Aviation Services, a global leader in aviation services worldwide. Together, the two industry giants are poised to reshape the landscape of aviation maintenance in the Middle East, offering an unmatched portfolio of services that will set new standards in safety, efficiency, and innovation. This landmark...

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Dynamic N/C, LLC Announces Appointment of Aaron Hansen as President

February 6, 2025 8:00 AM

Dynamic N/C, LLC (DNC) is excited to announce the recent appointment of Aaron Hansen as President. In this role, Hansen will leverage decades of experience in manufacturing and aerospace to help lead the Company's continued growth and evolution as a differentiated and valued partner to its OEM and Tier 1 customers. Hansen's extensive expertise and familiarity with aerospace manufacturing, supply chain, and large-scale operations will bring an...

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Heliospace Hardware Launches on the Firefly Aerospace Blue Ghost Mission 1

February 4, 2025 9:00 AM

Heliospace, a subsidiary of Helio Corporation (OTC PINK:HLEO) has announced the successful launch of its hardware on the Blue Ghost Mission 1 (BGM1) lander. Heliospace provided deployable mechanisms and sensors as part of the Lunar Magnetotelluric Sounder (LMS) experiment. The LMS experiment, led by Southwest Research Institute, is designed to study the interior of the Moon by measuring low frequency electromagnetic fields. Heliospace designed...

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Volatus Aerospace Inc. Announces a Strategic Partnership with Dufour Aerospace to Enhance Aerial Cargo, Surveillance, Inspection and Mapping Missions with Advanced VTOL Aircraft Technology

February 4, 2025 5:00 AM

TORONTO, ON / ACCESS Newswire / February 4, 2025 / Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(Frankfurt:A2JEQU) ("Volatus" or "the Company") proudly unveils its next step toward providing a new, unmanned dimension to its clients in the cargo and aerial services markets by joining forces with Dufour Aerospace. Dufour is a Swiss-based designer and manufacturer of long-range drones. Today, the parties announced a strategic partnership. This...

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Volatus Aerospace Inc. annonce un partenariat stratégique avec Dufour Aerospace pour améliorer les missions de transport aérien, de surveillance, d'inspection et de cartographie grâce à une technologie avancée d’aéronefs VTOL

February 4, 2025 5:00 AM

Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(Francfort:A2JEQU) (« Volatus » ou « la Société ») franchit une nouvelle étape pour offrir une dimension inédite et autonome à ses clients des marchés du transport de marchandises et des services aériens en s'associant à Dufour Aerospace AG. Dufour, une entreprise suisse, est un concepteur et fabricant de drones longue portée. Aujourd'hui, les deux parties ont annoncé un partenariat stratégique....

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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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