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General Atomics Awarded US Space Force Contract for Phase 1 of the Enterprise Space Terminal Program
Aerospace & DefenseAwards

General Atomics Awarded US Space Force Contract for Phase 1 of the Enterprise Space Terminal Program

June 21, 2024 11:00 AM

SAN DIEGO, CA / ACCESSWIRE / June 21, 2024 / General Atomics Electromagnetic Systems (GA-EMS) announced today that the U.S. Space Force's (USSF), Space Systems Command (SSC) has awarded the company Phase 1 of the Enterprise Space Terminal (EST) program. The EST program will increase the mission effectiveness of future Department of Defense (DoD) platforms by providing a mesh laser communication network for resilient, high-capacity communications...

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CORRECTION FROM SOURCE Unusual Machines Selected to Provide the First Drone for Red Cat's FANG(TM) Line of First-Person View Strike Systems
Aerospace & DefensePartnerships

CORRECTION FROM SOURCE Unusual Machines Selected to Provide the First Drone for Red Cat's FANG(TM) Line of First-Person View Strike Systems

June 21, 2024 10:50 AM

ORLANDO, FL / ACCESSWIRE / June 21, 2024 / Unusual Machines, Inc., (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it will provide the first drone and components in Red Cat's new FANG™ line of First-Person View (FPV) systems. This partnership underscores Unusual Machines' commitment to onshoring drone and component production, as well as its expertise in FPV technology.Red...

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Unusual Machines Selected to Provide the First Drone for Red Cat's FAN(TM) Line of First-Person View Lethal Strike Systems
Aerospace & DefenseCompany Update

Unusual Machines Selected to Provide the First Drone for Red Cat's FAN(TM) Line of First-Person View Lethal Strike Systems

June 21, 2024 8:03 AM

Unusual Machines, Inc., (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced it will provide the first drone and components in Red Cat's new FANG™ line of First-Person View (FPV) systems. This partnership underscores Unusual Machines' commitment to onshoring drone and component production, as well as its expertise in FPV technology.Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat")...

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Platform Aerospace’s Vanilla UAS – Communications Relay at Valiant Shield 2024
Aerospace & DefenseCompany Update

Platform Aerospace’s Vanilla UAS – Communications Relay at Valiant Shield 2024

June 20, 2024 6:15 PM

HOLLYWOOD, MD / ACCESSWIRE / June 20, 2024 / Platform Aerospace's Ultra-Long Endurance Group 3 Unmanned Aircraft System (UAS), Vanilla, completed mission requirements during a 27-hour flight at the Valiant Shield 2024 (VS24) exercise in Guam.Vanilla UAS Vanilla UAS - Communications Relay at Valiant Shield 2024 From June 7th to June 18th, Platform Aerospace participated in VS24, a training exercise built on the collaborative efforts of the United...

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Volatus Aerospace Signs Sales Agency Agreement with Xer Technologies for Distribution in North America
Aerospace & DefenseCompany Update

Volatus Aerospace Signs Sales Agency Agreement with Xer Technologies for Distribution in North America

June 20, 2024 11:40 AM

Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") signed a sales agency agreement with Xer Technologies to offer their heavy duty hybrid electric engine drones in North America on June 12, 2024. The Xer X8 UAV is designed to take on demanding industry applications such as right of way and asset inspections, search and rescue, wildfire and LiDAR and photogrammetry mapping and can fly for 2.5-hours with a 3 kg payload in...

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HEICO Corporation Increases Cash Dividend by 10%
Aerospace & DefenseDividends

HEICO Corporation Increases Cash Dividend by 10%

June 20, 2024 8:30 AM

HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Board of Directors declared an $0.11 per share semiannual cash dividend payable on all shares of its Class A Common Stock and its Common Stock. The amount is 10% greater than the Company's last cash dividend of $.10 per share paid earlier this year.The dividend is HEICO's 92nd consecutive semiannual cash dividend since 1979.The dividend is payable on July 15, 2024 to all...

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Volatus Aerospace Provides $2.4M CAD Drone and Training Package to a North American Disaster Response Entity
Aerospace & DefenseCompany Update

Volatus Aerospace Provides $2.4M CAD Drone and Training Package to a North American Disaster Response Entity

June 19, 2024 7:45 AM

Volatus Aerospace Corp. (TSXV:VOL)(OCTQB:VLTTF) ("Volatus" or the "Company") announced today it has finalized the sale of a comprehensive drone solution and training package to a North American Disaster Response Entity with delivery to be finalized in Q2 and Q3. The package included drones and associated ground support equipment totaling $2.4M CAD with margins consistent with historical equipment sales done by the Company."The discussion around...

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Hoverfly Technologies Celebrates Major Milestone: Over 500 Tethered Drone Systems Sold to the Army
Aerospace & DefenseCompany Update

Hoverfly Technologies Celebrates Major Milestone: Over 500 Tethered Drone Systems Sold to the Army

June 18, 2024 11:00 AM

With the most recent order of $14 Million from the US Army, Hoverfly continues to prove why it is the leader in tethered drone technologySANFORD, FL / ACCESSWIRE / June 18, 2024 / Hoverfly Technologies, the leading engineering design and manufacturer of tethered drone systems, proudly announces the receipt of a significant purchase order for 120 systems, spare parts, and accessories totaling $14 million. This order is also a significant...

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 Safe Pro Group Invited to Participate in the Amazon Web Services Public Sector Summit in Washington, D.C.
Aerospace & DefenseConferences

Safe Pro Group Invited to Participate in the Amazon Web Services Public Sector Summit in Washington, D.C.

June 18, 2024 8:30 AM

Safe Pro Group Inc. (Safe Pro or the Company), a U.S.-based developer of safety and security solutions for people and infrastructure, today announced that its Safe Pro AI subsidiary and its SpotlightAI™, artificial intelligence (AI)-powered, drone-based imagery analysis ecosystem, has been invited to participate in the AWS Public Sector Summit Conference being held in Washington, DC on June 26-27, 2024. The Company also published a new video...

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Travis Manion Foundation Announces the 17th Annual  9/11 Heroes Run Race Series Sponsored by USAA
Aerospace & DefenseProduct Announcements

Travis Manion Foundation Announces the 17th Annual 9/11 Heroes Run Race Series Sponsored by USAA

June 17, 2024 11:00 AM

DOYLESTOWN, PA / ACCESSWIRE / June 17, 2024 / Travis Manion Foundation (TMF), one of the nation's leading veteran service organizations, will return to communities around the country for the 17th Annual 9/11 Heroes Run 5K Race Series dedicated to honoring those lost on September 11th, 2001 and in the wars following.Held each September, the Travis Manion Foundation 9/11 Heroes Run series serves to unite our nation to honor the nearly 3,000 lives...

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FLYHT to Hold Annual Meeting of Shareholders on June 19, 2024
Aerospace & DefenseConference Call

FLYHT to Hold Annual Meeting of Shareholders on June 19, 2024

June 14, 2024 7:45 PM

FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (TSXV:FLY)(OTCQX:FLYLF) today announced that it will hold its Annual General and Special Meeting (AGM) virtually, on Wednesday, June 19, 2024, at 9:00 am MT. Following the formal meeting, FLYHT will provide a brief corporate update followed by a question-and-answer session. Questions can be emailed in advance to [email protected] shareholders and duly appointed proxyholders...

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Nuvotronics Exhibits at the IEEE MTT-S International Microwave Symposium 2024 in Washington, DC
Aerospace & DefenseConferences

Nuvotronics Exhibits at the IEEE MTT-S International Microwave Symposium 2024 in Washington, DC

June 13, 2024 11:00 AM

Showcasing a wide range of innovative mmWave components for multiple applicationsSAN DIEGO, CA / ACCESSWIRE / June 13, 2024 / Cubic Corporation is excited to announce that its Microelectronics business, Nuvotronics, will be exhibiting at the IEEE MTT-S International Microwave Symposium June 16-21 at the Walter E. Washington Convention Center in Washington, D.C. Nuvotronics is a global leader in the design and manufacturing of mmWave and radio...

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SynQor Releases an Advanced Military Field-Grade 3-Phase Programmable High Output Voltage Power Supply (MPPS-4000-270)
Aerospace & DefenseProduct Announcements

SynQor Releases an Advanced Military Field-Grade 3-Phase Programmable High Output Voltage Power Supply (MPPS-4000-270)

June 13, 2024 10:00 AM

New programmable power supply provides military designers with latest technology for 270 Vin systemsBOXBOROUGH, MA / ACCESSWIRE / June 13, 2024 / SynQor®, Inc. has unveiled its latest innovation, the MPPS-4000-270, a compact and lightweight high output voltage programmable power supply, designed for military field use. The device can accept a 3-Phase input ranging from 360-528 VrmsL-L and is capable of delivering an output voltage of 25 to 400...

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FLYHT to Participate in Jefferies Virtual Aerospace ESG Summit
Aerospace & DefenseCompany Update

FLYHT to Participate in Jefferies Virtual Aerospace ESG Summit

June 13, 2024 7:05 AM

FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (TSXV:FLY)(OTCQX:FLYLF) today announced that Board Member Nancy Young will participate in a fireside chat at the Jefferies Virtual Aerospace ESG Summit on Thursday, June 20, 2024 beginning at 8:55 a.m. MT (10:55 a.m. ET). The Company will also host meetings with institutional investors which can be arranged by contacting your Jefferies representative or the FLYHT investor relations team...

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FLYHT Receives STC Certification for the AFIRS Edge(TM) on Boeing 737 NG Aircraft
Aerospace & DefenseCompany Update

FLYHT Receives STC Certification for the AFIRS Edge(TM) on Boeing 737 NG Aircraft

June 11, 2024 8:31 PM

CALGARY, AB / ACCESSWIRE / June 11, 2024 / FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (TSXV:FLY)(OTCQX:FLYLF) today announced that Transport Canada has issued FLYHT a Supplemental Type Certificate ("STC") for the flange version of the AFIRS EdgeTM, the Company's 5G wireless data communication device, for Boeing 737 NG aircraft. The achievement of this STC enables FLYHT to ship the Edge units to Canadian Boeing 737 NG customers...

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FLYHT Announces Closing of $5 Million Unsecured Debenture Arrangement
Aerospace & DefenseCompany Update

FLYHT Announces Closing of $5 Million Unsecured Debenture Arrangement

June 10, 2024 5:55 PM

CALGARY, AB / ACCESSWIRE / June 10, 2024 / FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") is pleased to announce that the Company has closed its previously announced unsecured debenture in the principal amount of $5,000,000 (the "Debenture") with Pinnacle Island II LP (the "Lender"), an unrelated third-party lender (see press release dated May 29, 2024).The Debenture carries a term of three years, with annual...

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Volatus Aerospace Corp. Continues to Expand Oil and Gas Right of Way Surveillance Business into U.S.
Aerospace & DefenseCompany Update

Volatus Aerospace Corp. Continues to Expand Oil and Gas Right of Way Surveillance Business into U.S.

June 10, 2024 7:45 AM

TORONTO, ON / ACCESSWIRE / June 10, 2024 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or the "Company") announced today that its subsidiary, Synergy Aviation, signed a master services agreement (MSA) on May 7, 2024 with a leading oil and gas company in the U.S. to provide bi-weekly aerial surveillance of pipeline right of way starting in the northern states and ending in Texas. The trial was completed this month, and inspections...

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Unusual Machines Inc. to Present at the Emerging Growth Virtual Conference on June 12, 2024
Aerospace & DefenseConferences

Unusual Machines Inc. to Present at the Emerging Growth Virtual Conference on June 12, 2024

June 5, 2024 8:03 AM

Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, is pleased to announce that it has been invited to present at the Emerging Growth Virtual Conference on June 12, 2024 at 12 noon ET.This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with Unusual Machine's CEO, Allan Evans in real time.Allan Evans...

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Volatus Aerospace Corp. and Drone Delivery Canada Corp. to Collaborate on Commercializing Drone Nesting Stations
Aerospace & DefenseCompany Update

Volatus Aerospace Corp. and Drone Delivery Canada Corp. to Collaborate on Commercializing Drone Nesting Stations

June 5, 2024 7:45 AM

TORONTO, ON / ACCESSWIRE / June 5, 2024 / Volatus Aerospace Corp. ("Volatus") (TSXV:VOL)(OTCQB: VLTTF) and Drone Delivery Canada Corp. ("Drone Delivery Canada" or "DDC") (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A3DP5Y) (Frankfurt: ABBA.F) are excited to announce the beginning of a collaboration to commercialize the Volatus Aerieport Drone Nesting Station in concert with DDC's Remote Operations Center. This follows the announcement of their planned...

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Platform Aerospace’s Vanilla, Ultra-Long Endurance UAS Flies Over 1,000 Miles Into the Arctic Polar Ice Cap
Aerospace & DefenseProduct Announcements

Platform Aerospace’s Vanilla, Ultra-Long Endurance UAS Flies Over 1,000 Miles Into the Arctic Polar Ice Cap

June 4, 2024 12:30 PM

HOLLYWOOD, MD / ACCESSWIRE / June 4, 2024 / Platform Aerospace has successfully completed an Arctic flight campaign for a DoD customer. Vanilla flew two flights totaling more than 65 hours in the Arctic Circle, including operations north of the 78th parallel. Vanilla flew in the Arctic environment for 39 hours continuously. In September 2023, the Vanilla Ultra-Long Endurance UAS carried a metrological sensor suite to measure environmental...

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