Barbaricum Awarded Prime Contract on $48B IAC MAC Pool 1

November 25, 2024 1:00 PM

WASHINGTON, DC / ACCESSWIRE / November 25, 2024 / Barbaricum was selected as a Prime contractor on the Department of Defense Information Analysis Centers (DoDIAC) Multiple Award Contract (IAC MAC) Pool 1 - Full and Open IDIQ. With a $48 billion ceiling, the contract provides flexible, efficient access to pre-vetted, qualified talent to support cutting-edge research and development.Chartered by the Under Secretary of Defense for Research and...

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Cubic Defense to Showcase Advanced Live, Virtual and Constructive (LVC) Training Solutions at I/ITSEC 2024

November 25, 2024 9:00 AM

Cubic Defense, a recognized industry leader in providing blended multi-domain LVC for air and ground training, will display its advanced solutions during the I/ITSEC 2024 conference, from December 2-6, in the West Concourse of the Orange County Convention Center in Orlando, Florida."Cubic Defense is at the forefront of delivering integrated training solutions that ensure interoperability and readiness at the point of need," said Paul Shew,...

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FLYHT Sends Management Information Circular for Special Meeting of Shareholders

November 25, 2024 7:05 AM

FLYHT Aerospace Solutions Ltd. ("FLYHT") (TSX-V:FLY)(OTCQX:FLYLF) today announced that it has sent (via courier), to all registered FLYHT shareholders, the management information circular (the "Circular") and related materials for the special meeting (the "Meeting") of FLYHT shareholders (the "Company Shareholders") to be held at 9:00 a.m. (Calgary time) on December 16, 2024 to approve the previously announced plan of arrangement under the...

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Bowler Pons Successfully Deploys SAVI, a Fully-Automated Security and Vehicle Interdiction System, at One of the World's Largest Military Bases

November 21, 2024 12:15 PM

Bowler Pons, a leading provider of advanced security, autonomous, and artificial intelligence solutions, today announced the successful full operational deployment of the Situational Awareness and Vehicle Interdiction (SAVI) system at one of the world's largest military bases. This milestone marks the transition of groundbreaking LiDAR-driven base security from concept demonstration to full operational capability. The DoD program lead overseeing...

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Cubic Defense Participates in United Kingdom Cobra Warrior Exercise

November 20, 2024 9:00 AM

Providing Advanced Training Solutions for Multi-Domain ReadinessSAN DIEGO, CA / ACCESSWIRE / November 20, 2024 / Cubic Defense, the world's leading provider of advanced air combat training, is honored to have been part of the Royal Air Force's (RAF) Cobra Warrior exercise. The three-week large force employment (LFE) consisted of multiple nations with various aircraft types operating out of several UK RAF bases. Cubic's Simplified Planning...

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TransAstra Appoints Space Industry Veteran Peter Garretson to Board of Directors

November 19, 2024 3:15 PM

LOS ANGELES, CA / ACCESSWIRE / November 19, 2024 / To support TransAstra's growing portfolio of space and defense business, TransAstra has added Peter Garretson to its Board of Directors. With a distinguished background in space policy, national security, strategic planning, and innovation, Pete brings a wealth of expertise and insight to support TransAstra's vision and business.Garretson - a recognized leader in the aerospace and defense...

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VoltAero Expands to North America Through an Agreement With AltiSky for Cassio Aircraft Assembly, Sales, Training and Support

November 19, 2024 10:30 AM

ABU DHABI, ARAB EMIRATES / ACCESSWIRE / November 19, 2024 / VoltAero has signed a strategic partnership Memorandum of Understanding (MOU) with AltiSky for the Cassio electric-hybrid airplane family's local assembly and distribution across the U.S., Canada, Mexico and the Caribbean, selecting a partner that brings proven capabilities in aircraft marketing, distribution, maintenance, training and support.Under terms of the new agreement, AltiSky...

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Volatus Aerospace Secures DAIR Green Fund Grant for Detect and Avoid Technology, Accelerating BVLOS Operations

November 18, 2024 7:45 AM

Volatus Aerospace Inc. (TSXV:FLT.V)(OTCQX:TAKOF)(Frankfurt:ABB.F) (the "Company" or "Volatus") is pleased to announce that it has been awarded a grant of up to $75,000 from the Downsview Aerospace Innovation and Research (DAIR) Green Fund to develop and integrate an on-board "detect and avoid" (DAA) system to deconflict drones from other aircraft, enabling a major step forward in safe and scalable beyond visual line of sight (BVLOS)...

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Unusual Machines Issues Letter to Shareholders

November 14, 2024 4:05 PM

Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it filed its Form 10-Q with the U.S. Securities and Exchange Commission for the third quarter of 2024 and provided the following letter to its shareholders from CEO Allan Evans.Dear Shareholders,This shareholder letter follows the completion of our third quarter of 2024. This quarter represents an...

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Safe Pro Group Reports 102% Revenue Growth in Third Quarter 2024

November 14, 2024 4:05 PM

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 financial results for the third fiscal quarter ended September 30, 2024."Following our IPO in August, each of our subsidiaries made significant progress, securing key domestic and international customers across commercial, government and law enforcement sectors....

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Cubic DTECH Fusion eHPC Receives VMware vSphere 8.0 Update 3 Certified Compatibility

November 13, 2024 9:00 AM

Delivering supercharged hybrid cloud technologies to the tactical edge in a single-case solutionSAN DIEGO, CA / ACCESSWIRE / November 13, 2024 / Cubic Defense, a recognized industry leader in providing trusted, scalable and intuitive edge compute and networking platforms, announces DTECH Fusion TM Edge High-Performance Compute (eHPC) has received VMware vSphere 8 Update 3 Certified Compatibility. The certification validates the interoperability...

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Loar Holdings Inc. Reports Q3 2024 Results, Upward Revision to 2024 and Initial 2025 Guidance

November 13, 2024 8:00 AM

Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the third quarter of 2024.Third Quarter 2024Net sales of $103.5 million, up 25.0% compared to the prior year's quarter.Net income for Q3 2024 was $8.7 million, up $5.8 million compared to the prior year's quarter.Diluted earnings per share of $0.09.Adjusted EBITDA of $38.1 million, up 31.8% compared to the prior year's quarter.Net income...

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FLYHT Strengthens Partnership with WestJet for AFIRS(TM) 228 Order on Boeing 737 MAX-10 Fleet

November 13, 2024 7:05 AM

FLYHT Aerospace Solutions Ltd. ("FLYHT") (TSX-V: FLY)(OTCQX: FLYLF) today announced that it received an order from WestJet Airlines, Ltd. to install the Company's TSO approved AFIRS™ 228S satcom solution on WestJet's fleet of Boeing 737 MAX-10 aircraft."As we execute on our fleet growth and modernization plan, FLYHT's Iridium satcom solution provides us with the long-range data and voice communications that we require, while enabling us to...

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Chromalloy Enters New Engine Parts Supply Agreement With AAR for the Distribution of Chromalloy's Alternative Aftermarket Solutions

November 12, 2024 7:30 AM

PALM BEACH GARDENS, FL / ACCESSWIRE / November 12, 2024 / Chromalloy, a global leader in aftermarket engineering and manufacturing solutions for the aerospace and energy sectors, is pleased to announce the signing of a Distribution and License Agreement with AAR to distribute Chromalloy's Parts Manufacturer Approval (PMA) parts for the CF6-80C2 engine high-pressure turbine (HPT) Stage 1 and Stage 2 blades. Under the agreement, AAR will be the...

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VoltAero Readies the Production of Cassio Electric-Hybrid Aircraft at Its New Industrial Facility in Nouvelle-Aquitaine, France

November 8, 2024 12:00 PM

SAINT-AGNANT, FRANCE / ACCESSWIRE / November 8, 2024 / The inauguration of VoltAero's final assembly facility and headquarters at Rochefort Airport today marks a major new step toward certification and production of the company's Cassio electric-hybrid aircraft family, ushering in a new era of sustainable regional air transportation.This computer-generated image depicts the buildup of Cassio aircraft in VoltAero's final assembly facility at...

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Hoverfly Technologies Promotes Steve Topping to Chief Operating Officer

November 8, 2024 9:00 AM

The rapidly expanding tech company expands their leadership in anticipation of pivotal contract awards.SANFORD, FL / ACCESSWIRE / November 8, 2024 / Hoverfly Technologies, the leader in tethered drone technology, is excited to announce the promotion of Steve Topping to Chief Operating Officer (COO). In his new role, Steve will oversee the company's operational strategy and execution, focusing on continued growth and innovation in the field of...

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Unusual Machines to Host Q3 Earnings Call and Provide Corporate Update on Thursday, November 14, 2024

November 8, 2024 8:32 AM

Unusual Machines, Inc. (NYSE American:UMAC) (the "Company"), a leader in the American drone industry, will host a webcast on Thursday, November 14, at 4:30 p.m. ET to discuss the Company's operational and financial highlights for the third quarter ended September 30, 2024. A question-and-answer session will follow management's prepared remarks.Event:Unusual Machines Third Quarter 2024 Financial Results Conference CallDate:Thursday, November 14,...

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Latitude Aero Granted Approval for Digital Recordkeeping in Accordance With FAA AC 120-78A Using Vista-Suite.com Enterprise

November 8, 2024 7:00 AM

Traditionally reliant on paper documentation, aviation companies like Latitude Aero face an increasing demand for digital solutions to streamline recordkeeping while keeping with FAA data security and regulatory compliance standards.GREENSBORO, NC / ACCESSWIRE / November 8, 2024 / Latitude Aero, a leading aircraft seating refurbishment company, has successfully transitioned to FAA-compliant digital recordkeeping and electronic signatures by...

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Velocity One Signs Merger Agreement With EMCORE (EMKR)

November 8, 2024 7:00 AM

Transaction Will Unite Industry Leaders to Create an Emerging Force in the Aerospace and Defense IndustryFAIRFIELD, NJ / ACCESSWIRE / November 8, 2024 / Velocity One, a newly formed aerospace manufacturing holding company, announced today it has signed a merger agreement with EMCORE Corporation (Nasdaq:EMKR) ("EMCORE"), a provider of inertial navigation solutions to the aerospace and defense industry. Under the agreement, EMCORE will become a...

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MicroVision Announces Third Quarter 2024 Results

November 7, 2024 4:05 PM

REDMOND, WA / ACCESSWIRE / November 7, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its third quarter 2024 results.Key Business Highlights for Q3 2024Actively engaged with top-tier global automotive OEMs, with seven high-volume RFQs for passenger vehicles and custom development opportunities.Actively engaged with multiple leading industrial companies for the...

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