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Loar Announces Launch of Public Offering
Aerospace & DefenseFinancing

Loar Announces Launch of Public Offering

December 9, 2024 6:30 AM

Loar Holdings Inc. (NYSE:LOAR) ("Loar") announced today that it has launched the roadshow for the public offering of 4,750,000 shares of its common stock, including 1,583,333 shares offered by certain stockholders and 3,166,667 shares offered by Loar. In addition, such selling stockholders expect to grant the underwriters a 30-day option to purchase up to 712,500 additional shares of common stock at the public offering price, less underwriting...

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Mosaic ATM's COMETTS Training Program Successfully Implemented at the FAA's Air Traffic Control System Command Center
Aerospace & DefenseProduct Announcements

Mosaic ATM's COMETTS Training Program Successfully Implemented at the FAA's Air Traffic Control System Command Center

December 5, 2024 9:00 AM

Mosaic ATM is proud to announce the successful implementation of its Comprehensive Environment for Traffic Management Training by Simulation (COMETTS) system for the FAA's Air Traffic Control System Command Center (ATCSCC). COMETTS has been delivered to ATCSCC, and the NAS training team has begun using COMETTS to train new traffic management specialists. COMETTS is sponsored and funded by the NAS Human Factors Safety Research Lab (AAM-520) at...

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General Atomics Completes SiGA Cladded Nuclear Fuel Rod Irradiation Testing
Aerospace & DefenseCompany Update

General Atomics Completes SiGA Cladded Nuclear Fuel Rod Irradiation Testing

December 4, 2024 3:00 PM

General Atomics Electromagnetic Systems (GA-EMS) announced today that unfueled nuclear fuel rods using the company's SiGA® fuel cladding successfully survived a 120-day irradiation testing period in the Advanced Test Reactor (ATR) located at Idaho National Laboratory. Testing was conducted to validate the robustness and integrity of the SiGA cladding after exposure to high neutron flux in a pressurized water reactor environment. Following the...

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Applied Energetics to Present at The Benchmark Company 13th Annual Discovery One-on-One Conference on December 11th, 2024, in New York City
Aerospace & DefenseCompany Update

Applied Energetics to Present at The Benchmark Company 13th Annual Discovery One-on-One Conference on December 11th, 2024, in New York City

December 4, 2024 8:30 AM

TUCSON, AZ / ACCESSWIRE / December 4, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the field of advanced optical technologies and ultrashort pulse laser (USPL) technologies, today announced that Chris Donaghey, Chief Executive Officer, will be presenting at The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference to be held Wednesday, December 11th, 2024 at the New York Athletic Club in New York City.The...

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Japan Maritime Defense Force Selects SeaGuardians From GA-ASI
Aerospace & DefenseProduct Announcements

Japan Maritime Defense Force Selects SeaGuardians From GA-ASI

December 3, 2024 2:00 PM

The Japan Maritime Self-Defense Force (JMSDF) has selected the General Atomics Aeronautical Systems, Inc. (GA-ASI) SeaGuardian® Remotely Piloted Aircraft (RPA) systems for its Long Endurance Unmanned Aerial Vehicle program. This follows JMSDF use of SeaGuardian since May 2023 as part of its Medium-Altitude, Long Endurance (MALE) RPA System Trial Operations Project.SeaGuardian has been used by JMSDF to conduct various tests including whether...

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HEICO Corporation Announces Regular Quarterly Conference Call
Aerospace & DefenseEarnings

HEICO Corporation Announces Regular Quarterly Conference Call

December 3, 2024 9:00 AM

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 3, 2024 / On December 17, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2024. 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 Company...

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Applied Energetics and Kord Technologies Sign Memorandum of Understanding to Advance Directed Energy and Pulsed Laser Technology Solutions
Aerospace & DefenseCompany Update

Applied Energetics and Kord Technologies Sign Memorandum of Understanding to Advance Directed Energy and Pulsed Laser Technology Solutions

December 3, 2024 8:30 AM

TUCSON, AZ and HUNTSVILLE, AL / ACCESSWIRE / December 3, 2024 / Applied Energetics, Inc., a recognized leader in the field of Advanced Optical Technologies and Ultrashort Pulse Directed Energy Solutions is pleased to announce the signing of a Memorandum of Understanding (MOU) with Kord Technologies, a leading provider of defense and aerospace solutions and a subsidiary of KBR, Inc. This strategic collaboration aims to further the development and...

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Volatus Aerospace Inc. Receives Energy Globe National Award for SEAR Program
Aerospace & DefenseCompany Update

Volatus Aerospace Inc. Receives Energy Globe National Award for SEAR Program

December 3, 2024 7:45 AM

Volatus Aerospace Inc. (TSXV:FLT.V)(OTCQB:TAKOF)(Frankfurt:A3DP5Y) proudly announces that its Science Experiential Aerial Research (SEAR) Program has been awarded the prestigious Energy Globe National Award in the Youth category for Canada. This accolade underscores Volatus' dedication to environmental innovation and sustainability.The Energy Globe Award, initiated in 1999 by Austrian energy pioneer Wolfgang Neumann, stands as one of the world's...

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Chromalloy Appoints Dave Chriske as President for Chromalloy Material Solutions (CMS) Operating Unit
Aerospace & DefenseCompany Update

Chromalloy Appoints Dave Chriske as President for Chromalloy Material Solutions (CMS) Operating Unit

December 3, 2024 7:30 AM

PALM BEACH GARDENS, FL / ACCESSWIRE / December 3, 2024 / Chromalloy is excited to announce the appointment of Dave Chriske to the executive leadership team as President for the Chromalloy CMS business. Dave will be based at the Fort Lauderdale operating location and will provide strategic direction for the CMS business unit.The CMS team is focused on providing turbine management and material solutions, including acquisition of unserviceable...

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General Atomics Awarded Navy Contract to Advance Long Range Maneuvering Projectile
Aerospace & DefenseAwards

General Atomics Awarded Navy Contract to Advance Long Range Maneuvering Projectile

December 2, 2024 7:00 PM

General Atomics Electromagnetic Systems (GA-EMS) announced today that it has been awarded a contract from the U.S. Navy via Advanced Technology International (ATI) for its Long Range Maneuvering Projectile (LRMP) Common Round. GA-EMS received the award under the Naval Surface Technology Innovation Consortium (NSTIC) Other Transaction Authority (OTA) contract vehicle to mature and further demonstrate the company's LRMP prototype system to perform...

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TransAstra to Demonstrate Capture Bag on the International Space Station
Aerospace & DefenseCompany Update

TransAstra to Demonstrate Capture Bag on the International Space Station

December 2, 2024 6:20 PM

LOS ANGELES, CA / ACCESSWIRE / December 2, 2024 / TransAstra, a leader in space sustainability and asteroid mining technology, announces the signing of a contract with the Center for the Advancement of Science in Space (CASIS), the manager of the International Space Station (ISS) National Lab to demonstrate TransAstra's revolutionary Capture Bag technology; the mission is targeted for late 2025. Under this agreement, CASIS will fund half of the...

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15 Companies Pitch Their Capabilities at GA-ASI’s Blue Magic Netherlands
Aerospace & DefenseConferences

15 Companies Pitch Their Capabilities at GA-ASI’s Blue Magic Netherlands

December 2, 2024 1:00 PM

SAN DIEGO, CA / ACCESSWIRE / December 2, 2024 / On November 19, 2024, General Atomics Aeronautical Systems, Inc. (GA-ASI) hosted its first Blue Magic Netherlands (BMN) event in Eindhoven, the Netherlands. Approximately 200 people attended the event that provided Dutch businesses with an opportunity to present their capabilities to GA-ASI and other companies interested in possible collaborations. GA-ASI was joined for the event by the Netherlands...

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Aerospace Technical Services (ATS) Clarifies Company Structure and Ownership
Aerospace & DefenseCompany Update

Aerospace Technical Services (ATS) Clarifies Company Structure and Ownership

December 2, 2024 2:00 AM

Aerospace Technical Services ("ATS") issued a statement to clarify its company structure and ownership while reiterating its commitment to compliance, transparency, and strategic expansion.ATS, a leading global distributor of aviation parts and provider of aviation maintenance, repair, and overhaul (MRO) solutions, operates its headquarters and core facilities in the United Arab Emirates and Jordan. ATS is owned and operated by Mahdi...

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CORRECTING AND REPLACING - Volatus Releases Third Quarter 2024 Financial Results and Provides Corporate Update
Aerospace & DefenseEarnings

CORRECTING AND REPLACING - Volatus Releases Third Quarter 2024 Financial Results and Provides Corporate Update

November 29, 2024 7:55 AM

Volatus Aerospace Corp. (TSXV:FLT)(OTCQB:TAKOF) (Frankfurt:A3DP5Y/ABBA.F)("Volatus" or "the Company"), a leader in aerial solutions, is pleased to announce its financial results for the third quarter ended Sept 30, 2024. All dollar figures are stated in Canadian dollars, unless otherwise indicated.The Company generated revenues of $20,364,238 for nine months period ended Sept 30, 2024, and $6,618,504 for the three months ended Sept 30, 2024. For...

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Volatus Releases Third Quarter 2024 Financial Results and Provides Corporate Update
Aerospace & DefenseRegulatory

Volatus Releases Third Quarter 2024 Financial Results and Provides Corporate Update

November 28, 2024 6:20 PM

TORONTO, ON / ACCESSWIRE / November 28, 2024 / Volatus Aerospace Corp. (TSXV:FLT)(OTCQB:TAKOF) (Frankfurt:A3DP5Y/ABBA.F)("Volatus" or "the Company"), a leader in aerial solutions, is pleased to announce its financial results for the third quarter ended Sept 30, 2024. All dollar figures are stated in Canadian dollars, unless otherwise indicated.The Company generated revenues of $20,364,238 for nine months period ended Sept 30, 2024, and...

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Donald Trump Jr. Joins Unusual Machines as an Advisor
Aerospace & DefenseCompany Update

Donald Trump Jr. Joins Unusual Machines as an Advisor

November 27, 2024 8:31 AM

Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a U.S. based drone and drone components manufacturer, today announced that Donald Trump Jr., a globally recognized business leader, best-selling author, and investor in the Company, has joined the Company's advisory board."Don Jr. joining our board of advisors provides us unique expertise we need as we bring drone component manufacturing back to America," said...

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USfalcon Announces Realignment to Enhance Operational Efficiency and Drive Future Growth
Aerospace & DefenseCompany Update

USfalcon Announces Realignment to Enhance Operational Efficiency and Drive Future Growth

November 26, 2024 1:00 PM

USfalcon is pleased to announce a strategic realignment of its existing management team as part of its ongoing efforts to optimize operations, strengthen collaboration, and position the company for growth. The new structure will leverage the diverse expertise of our current management team members while fostering an environment of agility and cross-functional collaboration."By realigning our talented team, we are positioning ourselves for a new...

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Skyway, in Collaboration With Bluenest by Globalvia and UrbanLink, Partner to Build Advanced Air Mobility Vertiport Network Across South and Central Florida
Aerospace & DefensePartnerships

Skyway, in Collaboration With Bluenest by Globalvia and UrbanLink, Partner to Build Advanced Air Mobility Vertiport Network Across South and Central Florida

November 26, 2024 9:00 AM

Following the announcement of our nationwide partnership, Skyway, a leader in vertiport operations, and UrbanLink Air Mobility, a pioneering independent eVTOL operator and leader in sustainable transportation, are excited to announce the selection of Central and South Florida as locations for the development of Advanced Air Mobility (AAM) vertiports, with commercial operations slated to commence in late 2026. With major hubs in Miami and...

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Applied Energetics Names Chris Donaghey President and CEO
Aerospace & DefenseCompany Update

Applied Energetics Names Chris Donaghey President and CEO

November 25, 2024 5:05 PM

TUCSON, AZ / ACCESSWIRE / November 25, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the field of advanced optical technologies and ultrashort pulse laser (USPL) technologies, today announced that its Board of Directors has elected Chris Donaghey as the company's new president and chief executive officer, effective November 25, 2024. A respected defense industry veteran and seasoned operator, Donaghey brings more than two decades of...

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The Official VHA-H: Hoverfly Spectre Secures Variable Height Antenna - Heavy (VHA-H) Program for U.S. Army
Aerospace & DefenseCompany Update

The Official VHA-H: Hoverfly Spectre Secures Variable Height Antenna - Heavy (VHA-H) Program for U.S. Army

November 25, 2024 2:00 PM

After completing rigorous validation and environmental testing, Hoverfly Technologies is proud to announce its award of the U.S. Army Variable Height Antenna - Heavy (VHA-H) program with their Spectre Tethered Unmanned Aerial System (TeUAS). This monumental achievement will see Hoverfly's Spectre TeUAS deployed across critical operations as an integral part of the Integrated Tactical Network (ITN), underscoring the TeUAS's exceptional payload...

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