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Safe Pro Group Surpasses 10,000 Mine Detections in Ukraine, Boosting Global Food Security and Land Reclamation Efforts
Aerospace & DefenseProduct Announcements

Safe Pro Group Surpasses 10,000 Mine Detections in Ukraine, Boosting Global Food Security and Land Reclamation Efforts

November 7, 2024 8:35 AM

AVENTURA, FL / ACCESSWIRE / November 7, 2024 / Safe Pro Group Inc. (NASDAQ:SPAI), a leader in artificial intelligence-driven drone imagery analysis, has reached a historic milestone in Ukraine: over 10,000 explosive devices detected using everyday drones and Artificial Intelligence (AI), paving the way for safer agricultural lands and enhanced food security worldwide. Safe Pro AI's cutting-edge SpotlightAI™ platform, powered by Amazon Web...

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Volatus Aerospace Inc. Corporate Update
Aerospace & DefenseCompany Update

Volatus Aerospace Inc. Corporate Update

November 7, 2024 7:45 AM

TORONTO, ON / ACCESSWIRE / November 7, 2024 / Today, Volatus Aerospace Inc. (TSXV:FLT.V)(OTCQX:TAKOF)(Frankfurt:A3DP5Y/ABBA.F) ("Volatus" or the "Company") provides a corporate update outlining recent developments aimed at strengthening leadership, accelerating commercialization, and positioning for growth in aerial solutions.New Board AppointmentThe Company is pleased to announce the appointment of Omar Mourad, CFA, Director, Private Equity -...

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Volatus Aerospace Inc. Announces Closing of Financing
Aerospace & DefenseFinancing

Volatus Aerospace Inc. Announces Closing of Financing

November 6, 2024 9:00 AM

TORONTO, ON / ACCESSWIRE / November 6, 2024 / Volatus Aerospace Inc. (TSXV:FLT.V)(OTCQX:TAKOF)(Frankfurt:A3DP5Y, ABBA.F) ("Volatus" or the"Company") is pleased to announce that it has closed its previously announced commercially reasonable best efforts private placement of an aggregate of 19,766,000 units of the Company ("Units") at a price of $0.14 per Unit (the "Issue Price") for aggregate gross proceeds of $2,767,240.00 (the "Offering"). Each...

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Loar Holdings Inc. Announces Date and Time for Third Quarter 2024 Earnings Conference Call
Aerospace & DefenseEarnings

Loar Holdings Inc. Announces Date and Time for Third Quarter 2024 Earnings Conference Call

November 6, 2024 8:00 AM

Loar Holdings Inc. (NYSE:LOAR), said it will report Q3 2024 earnings before the market opens on Wednesday, November 13, 2024.A conference call will follow at 10:30 a.m., Eastern Time. To participate in the call telephonically please dial +1 877-407-0670 / +1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section...

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Chromalloy Appoints Lee S. Eckert as Chief Financial Officer
Aerospace & DefenseCompany Update

Chromalloy Appoints Lee S. Eckert as Chief Financial Officer

November 6, 2024 7:30 AM

Chromalloy Has Appointed Industry Finance Leader Lee S. Eckert as Chief Financial OfficerPALM BEACH GARDENS, FL / ACCESSWIRE / November 6, 2024 / Chromalloy is pleased to announce the appointment of Lee S. Eckert to its Executive Leadership Team as Chief Financial Officer (CFO). In this role, Eckert will oversee all aspects of Chromalloy's financial operations, including long-term budget planning, cost management, and financial analytics, to...

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Volatus Aerospace Inc. and Kongsberg Geospatial Announce Strategic Collaboration to Advance BVLOS Operations Using IRIS Terminal Technology
Aerospace & DefenseCompany Update

Volatus Aerospace Inc. and Kongsberg Geospatial Announce Strategic Collaboration to Advance BVLOS Operations Using IRIS Terminal Technology

November 5, 2024 7:45 AM

TORONTO, ON / ACCESSWIRE / November 5, 2024 / Volatus Aerospace Inc. (TSXV:FLT.V)(OTCQX:TAKOF)(Frankfurt:A3DP5Y/ABBA.F) ("Volatus" or the "Company"), a leader in advanced aerial solutions, and Kongsberg Geospatial ("Kongsberg"), a recognized innovator in geospatial software and situational awareness solutions, are pleased to announce a new collaboration to enhance Beyond Visual Line of Sight (BVLOS) capabilities for Remotely Piloted Aircraft...

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Metro Aviation Orders BETA Technologies’ eVTOL for Medical Transport
Aerospace & DefensePartnerships

Metro Aviation Orders BETA Technologies’ eVTOL for Medical Transport

November 4, 2024 5:45 PM

Metro has placed a deposit-backed order for up to 20 A250 aircraft, with plans to integrate the airframe into its existing fleet.SHREVEPORT, LA / ACCESSWIRE / November 4, 2024 / Metro Aviation, the world's largest family-owned, traditional air medical operator, has placed a deposit-backed order for up to 20 electric vertical takeoff and landing ALIA VTOL aircraft manufactured by electric aerospace company, BETA Technologies. Metro plans to...

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HEICO Corporation Subsidiary Acquires Specialty Component Maker in India
Aerospace & DefenseMergers and Acquisitions

HEICO Corporation Subsidiary Acquires Specialty Component Maker in India

November 4, 2024 8:55 AM

MIAMI, FL, PARIS, FRANCE, and CHENNAI, INDIA / ACCESSWIRE / November 4, 2024 / HEICO Corporation today announced that its Paris, France-based Exxelia subsidiary acquired 70% of SVM Private Limited ("SVM") for cash paid at closing. Exxelia is part of HEICO's Electronic Technologies Group. SVM's management retains the remaining 30% ownership.HEICO stated that it expects the acquisition to be accretive to its earnings within the year following...

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MicroVision to Announce Third Quarter 2024 Results on November 7, 2024
Aerospace & DefenseConference Call

MicroVision to Announce Third Quarter 2024 Results on November 7, 2024

October 31, 2024 9:20 AM

MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, today announces that it will report its third quarter 2024 results on Thursday, November 7, 2024 after the market close.The Company will subsequently hold a conference call and webcast, consisting of prepared remarks by management, a slide presentation, and a question-and-answer session at 1:30 PM PT/4:30 PM ET on Thursday,...

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Unusual Machines Announces Closing of $1.95 Million Private Placement
Aerospace & DefenseFinancing

Unusual Machines Announces Closing of $1.95 Million Private Placement

October 30, 2024 4:55 PM

Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the closing of a private placement with certain institutional investors. The aggregate gross cash proceeds were approximately $1,955,000, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement...

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Ambry Hill Technologies and Locatory.com Partner to Deliver Integrated Aviation Software Solutions
Aerospace & DefensePartnerships

Ambry Hill Technologies and Locatory.com Partner to Deliver Integrated Aviation Software Solutions

October 30, 2024 8:00 AM

CAMBRIDGE, MN / ACCESSWIRE / October 30, 2024 / Through the partnership, Locatory.com's global aviation parts marketplace integrates with Ambry Hill's Vista-Quote.com, an aviation RFQ and quote automation platform. This integration can automate the entire Request for Quote (RFQ) process for users on both platforms to improve response times and reduce repetitive data entry. From updating listed inventory availability to fully integrated RFQ and...

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Unusual Machines Announces Pricing of $1.96 Million Private Placement
Aerospace & DefenseFinancing

Unusual Machines Announces Pricing of $1.96 Million Private Placement

October 29, 2024 1:15 PM

Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced the pricing of a private placement with certain institutional investors. The aggregate gross cash proceeds were approximately $1.96 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private...

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Helio Corporation Announces Launch of Radar Antennas on NASA Europa Clipper Mission
Aerospace & DefenseCompany Update

Helio Corporation Announces Launch of Radar Antennas on NASA Europa Clipper Mission

October 29, 2024 10:00 AM

BERKELEY, CA / ACCESSWIRE / October 29, 2024 / Heliospace, a subsidiary of Helio Corporation (OTC Pink:HLEO) has announced the successful launch of its deployable radar antennas aboard the NASA Europa Clipper spacecraft on Oct 14, 2024. Heliospace designed, assembled, tested, and delivered these antennas under contract with Caltech as part of the Radar for Europa Assessment and Sounding: Ocean to Near-surface (REASON) instrument onboard Europa...

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Volatus Aerospace Inc. Announces $5,000,000 Million Brokered Private Placement
Aerospace & DefenseFinancing

Volatus Aerospace Inc. Announces $5,000,000 Million Brokered Private Placement

October 28, 2024 6:35 PM

Volatus Aerospace Inc. (TSXV:FLT.V)(OTCQX:TAKOF)(Frankfurt:A3DP5Y/ABBA.F) ("Volatus" or the "Company") is pleased to announce that it has entered into an agreement with Ventum Financial Corp. ("Ventum"), on behalf of a syndicate of agents (collectively, the "Agents"), pursuant to which Ventum has agreed to act as co-lead agent, together with Cormark Securities Inc. (together with Ventum, the "Co-Lead Agents"), in connection with a brokered...

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Safe Pro AI Releases Video Highlighting its Impact Using Drones and AI-Powered Image Processing in Demining Ukraine
Aerospace & DefenseCompany Update

Safe Pro AI Releases Video Highlighting its Impact Using Drones and AI-Powered Image Processing in Demining Ukraine

October 28, 2024 10:35 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 shared a video highlighting the capabilities of the Company's patent-pending SpotlightAI™ AI-powered demining solution presented by Amazon Web Services (AWS) at this year's AWS Summit Washington, D.C. The video highlights AWS Partners in the AWS Partner Network (APN)...

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Safe Pro AI Deploys 3-D Drone Imagery AI Analysis Tool Powered by Amazon Web Services (AWS) In Global Mine Action Mission of Saving Lives
Aerospace & DefenseProduct Announcements

Safe Pro AI Deploys 3-D Drone Imagery AI Analysis Tool Powered by Amazon Web Services (AWS) In Global Mine Action Mission of Saving Lives

October 28, 2024 9:00 AM

Safe Pro Group Inc. (Nasdaq:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery analysis, today announced its Safe Pro AI unit has launched SpotlightAITM 3.0, the next generation of its patent-pending AI solution powered by Amazon Web Services (AWS). SpotlightAITM is currently in use in Ukraine by multiple international humanitarian mine action (HMA) organizations and...

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Volatus Aerospace Completes Large Drone Solar Farm Inspection Contract
Aerospace & DefenseCompany Update

Volatus Aerospace Completes Large Drone Solar Farm Inspection Contract

October 28, 2024 3:00 AM

Volatus Aerospace Inc. (TSXV:FLTV)(OTCQX:TAKOF)(Frankfurt:A3DP5Y/ABBA.F) is pleased to announce the successful completion of a large drone solar farm inspection project. The inspection spanned 2,250 acres, covering over 400MW of solar power capacity and 762,750 solar panels across 16 solar fields and 1 large substation. This milestone highlights Volatus' expertise in providing innovative aerial solutions for critical infrastructure sectors,...

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ATS Technic and ATS Maintenance Announce Strategic Partnership to Enhance Line Maintenance Services Across Europe and the Middle East
Aerospace & DefensePartnerships

ATS Technic and ATS Maintenance Announce Strategic Partnership to Enhance Line Maintenance Services Across Europe and the Middle East

October 25, 2024 9:30 AM

BARCELONA, SPAIN / ACCESSWIRE / October 25, 2024 / ATS Technic, the UAE's first independent EASA-certified provider of line maintenance and logistics services, and ATS Maintenance, a leading European MRO based in Denmark, are pleased to announce a new strategic partnership aimed at strengthening aircraft maintenance operations between Europe and the Middle East.ATS Technic and ATS Maintenance signing the MOU at MRO Europe 2024 With similar names...

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Safe Pro's Airborne Response Adds Skydio Autonomous Drone Technology to its Solutions Portfolio for Public Safety, Energy Utility, Critical Infrastructure and Government Applications
Aerospace & DefensePartnerships

Safe Pro's Airborne Response Adds Skydio Autonomous Drone Technology to its Solutions Portfolio for Public Safety, Energy Utility, Critical Infrastructure and Government Applications

October 22, 2024 8:35 AM

Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a leading provider of mission-critical aerial and artificial intelligence (AI) solutions, today announced that its Airborne Response (Airborne) division has entered into an agreement with Skydio, Inc. to offer hardware and software solutions for public safety, emergency services, disaster response, and critical infrastructure customers. Airborne Response is one of Florida's...

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Volatus Aerospace Secures $15 Million in Financing from Major Institutional Investors
Aerospace & DefenseFinancing

Volatus Aerospace Secures $15 Million in Financing from Major Institutional Investors

October 21, 2024 7:10 PM

TORONTO, ON / ACCESSWIRE / October 21, 2024 / Volatus Aerospace Inc. (TSXV:FLT.V)(OTCQX:TAKOF) (Frankfurt:A3DP5Y/ABBA.F) ("Volatus" or the "Company") is pleased to announce the successful closing of a total of $15 million in combined funding from Investissement Québec and Export Development Canada ("EDC") (together, the "New Financing").This New Financing will allow Volatus to expand its operations and accelerate the development of its aerial...

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