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AeroGuard Flight Training Center Partners With APCU/Center Parc Credit Union to Expand Financing Options for Students
Aerospace & DefenseCompany Update

AeroGuard Flight Training Center Partners With APCU/Center Parc Credit Union to Expand Financing Options for Students

June 4, 2024 12:00 PM

PHOENIX, AZ / ACCESSWIRE / June 4, 2024 / AeroGuard Flight Training Center, a leader in training future airline pilots, is pleased to announce a new agreement with APCU/Center Parc Credit Union (APCU/Center Parc) to provide additional financial lending and support options for individuals pursuing their professional pilot careers. AeroGuard Partners With New Lender to Provide More Financing Options for Students Recognizing the financial barriers...

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ArmorSource Increases Production to Meet Rising Demand for Next-Gen Models
Aerospace & DefenseProduct Announcements

ArmorSource Increases Production to Meet Rising Demand for Next-Gen Models

June 4, 2024 7:00 AM

Ohio-based Ballistic Helmets Giant ArmorSource Ramps Up Production Following Surge in Orders for Advanced Helmets, Aire II and Crew II from U.S. and Its AlliesHEBRON, OH / ACCESSWIRE / June 4, 2024 / Fifteen months after Ohio-based ArmorSource introduced its "Aire System" at the SHOT Show in Las Vegas in January 2023, the company's backlog for two of its "GEN II" models, Aire II and Crew II, has increased dramatically. In response, ArmorSource's...

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bluShift Aerospace Secures $2.3M to Accelerate Development of Small Satellite Launch Services, Appoints Brady Brim-DeForest as Chairman
Aerospace & DefenseFinancing

bluShift Aerospace Secures $2.3M to Accelerate Development of Small Satellite Launch Services, Appoints Brady Brim-DeForest as Chairman

June 4, 2024 5:00 AM

bluShift Aerospace announced today that it has raised $1.3M in a seed round, led by Houston-based Late Stage Capital, with participation from Maine Technology Institute. The private investment round is further amplified by a $1M matching Federal SBIR grant. Capitalizing on its strong commercial trajectory, bluShift will use the funding to accelerate launch offerings in the orbital and small satellite services markets. Brady Brim-DeForest,...

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Unusual Machines to Participate on the Drone Panel at the
Aerospace & DefenseCompany Update

Unusual Machines to Participate on the Drone Panel at the "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference Presented by Maxim Group LLC on Tuesday, June 4, 2024 at 10:00 A.M. E.T.

June 3, 2024 3:03 PM

Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, is pleased to announce that its CEO, Allan Evans, will participate on the drone panel at the "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference, presented by Maxim Group LLC, on Tuesday, June 4, 2024, at 10:00 a.m. E.T.The conference addresses the continuous evolution of...

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Unusual Machines Announces Insider Share Purchases
Aerospace & DefenseCompany Update

Unusual Machines Announces Insider Share Purchases

May 31, 2024 8:03 AM

Unusual Machines, Inc. (NYSE American:UMAC) ("Unusual Machines" or the "Company"), a drone and drone components manufacturer, today announced that key executives and directors have purchased additional shares of the company's stock. Between May 20 and May 30, 2024, CEO Allan Evans, COO Drew Camden, board member Sanford Rich, and board member Cristina Colon collectively acquired more than 40,000 shares through open market purchases.This recent...

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Canada Jetlines Provides Management Update
Aerospace & DefenseCompany Update

Canada Jetlines Provides Management Update

May 31, 2024 7:00 AM

Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company"), a leisure carrier which also offers charter and ACMI (Aircraft Crew Maintenance Insurance) services, announced today that Eddy Doyle, the Company's current CEO, will retire as of June 30, 2024 after serving in the role since 2021. The Board of Directors has initiated a CEO recruitment search to identify an experienced leader to succeed Mr. Doyle and guide the...

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

FLYHT Announces a $5 Million Unsecured Debenture Arrangement

May 29, 2024 6:30 PM

FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") is pleased to announce that the Company has executed an unsecured debenture in the principal amount of $5,000,000 (the "Debenture") with Pinnacle Island II LP (the "Lender"), an unrelated third-party lender. The additional capital is expected to provide significant financial resources for the Company to pursue additional Supplemental Type (STC) certifications and...

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FLYHT Reports First Quarter 2024 Results
Aerospace & DefenseEarnings

FLYHT Reports First Quarter 2024 Results

May 29, 2024 6:05 PM

FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") today reported financial results for the first quarter ended March 31, 2024 ("Q1 2024"). All figures are Canadian dollars unless otherwise stated. Three Months Ended March 31 2024 2023 Variance Revenue 4,790,594 4,757,230 1%SaaS 2,763,716 2,413,200 15%Hardware 663,532 1,771,445 -63%Licensing 79,159 8,737 806%Technical Services 1,284,187 ...

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Cubic Awarded NAVAIR Contract to Provide Secure Live Virtual and Constructive Advanced Training Environment (SLATE)
Aerospace & DefenseProduct Announcements

Cubic Awarded NAVAIR Contract to Provide Secure Live Virtual and Constructive Advanced Training Environment (SLATE)

May 29, 2024 9:00 AM

Ensuring combat readiness for the warfighter: ‘Train Like you Fight'SAN DIEGO, CA / ACCESSWIRE / May 29, 2024 / Cubic Defense, the world's leading provider of advanced air combat training, is awarded a contract modification with Naval Air Systems Command (NAVAIR) to provide engineering support services for a demonstration in Guam, Valiant Shield ‘24.Fighter pilots train as they fight with Secure Live Virtual and Constructive Advanced Training...

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Volatus Aerospace and Mitsubishi Electric US, Inc. to Collaborate for Logistics Operations Management
Aerospace & DefenseCompany Update

Volatus Aerospace and Mitsubishi Electric US, Inc. to Collaborate for Logistics Operations Management

May 29, 2024 7:45 AM

TORONTO, ON / ACCESSWIRE / May 29, 2024 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announces a collaboration with Mitsubishi Electric US, Inc. to use their AnyMile™ drone-based, logistics operations management platform to provide end-to-end logistics management to scale. Later this year, the two companies will work together on a funded trial to provide logistics and deliveries to offshore oil rigs. Subject to...

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Volatus Releases Q1 2024 Financial Results and Provides General Corporate Update
Aerospace & DefenseEarnings

Volatus Releases Q1 2024 Financial Results and Provides General Corporate Update

May 28, 2024 4:30 PM

TORONTO, ON / ACCESSWIRE / May 28, 2024 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a leader in the aerial intelligence industry, is pleased to announce its financial results for the three months ended March 31, 2024.The Company generated revenues of $6,623,741 for the three months ended Mar 31, 2024, with a 34% gross margin, and adjusted EBITDA improvement of $378,215 between Q1 2023 and Q1 2024.Q1 2024...

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HEICO Corporation Reports Record Net Sales (Up 39%), Operating Income (Up 33%) and Net Income (Up 17%) for the Second Quarter of Fiscal 2024
Aerospace & DefenseEarnings

HEICO Corporation Reports Record Net Sales (Up 39%), Operating Income (Up 33%) and Net Income (Up 17%) for the Second Quarter of Fiscal 2024

May 28, 2024 4:15 PM

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 28, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 17% to a record $123.1 million, or $.88 per diluted share, in the second quarter of fiscal 2024, up from $105.1 million, or $.76 per diluted share, in the second quarter of fiscal 2023. Net income increased 20% to a record $237.8 million, or $1.70 per diluted share, in the first six months of fiscal 2024,...

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Quantum Entanglement in Neurons: Researcher Ali Karakuş Proposes Using Quantum Entanglement to Rejuvenate Neurons
Aerospace & DefenseProduct Announcements

Quantum Entanglement in Neurons: Researcher Ali Karakuş Proposes Using Quantum Entanglement to Rejuvenate Neurons

May 27, 2024 9:00 AM

Ali Karakuş hypothesizes that quantum entanglement in nucleotides and cryptochromes, followed by their reinjection into neurons, can enhance neuronal repair. Additionally, exposing these entangled particles to space conditions might amplify these effects.ISTANBUL, TURKEY / ACCESSWIRE / May 27, 2024 / In a groundbreaking study, quantum and neuroscience researcher Ali Karakuş proposes a novel approach to rejuvenate and repair brain neurons using...

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Neuroscience and Quantum Researcher Ali Karakus Aims to Slow Aging of Brain and Facial Cells Using Principles of Quantum Entanglement and Space-Time Dilation
Aerospace & DefenseProduct Announcements

Neuroscience and Quantum Researcher Ali Karakus Aims to Slow Aging of Brain and Facial Cells Using Principles of Quantum Entanglement and Space-Time Dilation

May 25, 2024 9:00 AM

Ali Karakus' Innovative Project Aims to Slow Aging of Brain and Facial Cells, Leading to the Foundation of a Private Deep Tech Institute in IstanbulISTANBUL, TURKEY / ACCESSWIRE / May 25, 2024 / In a groundbreaking research project, Turkish neuroscience researcher Ali Karakus is investigating how quantum entanglement could revolutionize our understanding of aging. This phenomenon, where particles become so interconnected that the state of one...

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Travis Manion Foundation Honors Fallen Heroes at 47 Cemeteries Nationwide Through the Honor Project Over Memorial Day Weekend
Aerospace & DefenseProduct Announcements

Travis Manion Foundation Honors Fallen Heroes at 47 Cemeteries Nationwide Through the Honor Project Over Memorial Day Weekend

May 24, 2024 8:00 AM

Over 2,000 volunteers will pay respects to fallen service membersDOYLESTOWN, PA / ACCESSWIRE / May 24, 2024 / Travis Manion Foundation (TMF), one of the nation's leading veteran service organizations, will host The Honor Project, an annual initiative to honor the sacrifices of our country's military heroes over Memorial Day weekend. This year's project will be the largest in its history, with 2,000 volunteers visiting the resting places of...

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Arkisys(TM) Ground Demo Shows We Can Now Build Satellites in Space
Aerospace & DefenseCompany Update

Arkisys(TM) Ground Demo Shows We Can Now Build Satellites in Space

May 23, 2024 2:50 PM

Arkisys™, an innovative space company based in Los Angeles, has achieved a groundbreaking accomplishment by assembling a prototype satellite in just one hour on their ground testbed, thanks to a collaboration with SpaceWerx."We aim to move space system integration from the ground to orbit," said Dr. Rahul Rughani, Chief Systems Engineer at Arkisys. "Our Port architecture for space is designed to allow any space system or payload to be modified,...

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SkyWatch Announces SkyWatch Platform, Launches New Application for Discovering and Purchasing Geospatial Data
Aerospace & DefenseProduct Announcements

SkyWatch Announces SkyWatch Platform, Launches New Application for Discovering and Purchasing Geospatial Data

May 23, 2024 7:00 AM

KITCHENER, ON / ACCESSWIRE / May 23, 2024 / SkyWatch Space Applications Inc. ("SkyWatch"), a leader in the geospatial data technology industry, announced today its new platform strategy and five new solutions to be released over 2024, including the new SkyWatch EXPLORE application for discovering and purchasing geospatial data. The SkyWatch platform provides the infrastructure for data providers to bring their data to market, and the tools for...

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Applied Energetics Selected to Join DARPA’s BRIDGES Consortium for Space Superiority
Aerospace & DefenseCompany Update

Applied Energetics Selected to Join DARPA’s BRIDGES Consortium for Space Superiority

May 22, 2024 10:00 AM

TUCSON, AZ / ACCESSWIRE / May 22, 2024 / Applied Energetics, Inc. (OTCQB:AERG), a leader in the advancement of ultrashort pulse laser technologies (USPL), today announced that it has been selected to join the Defense Advanced Research Projects Agency's (DARPA) Bringing Classified Innovation to Defense and Government Systems (BRIDGES) Consortium. As a member of the consortium, Applied Energetics plans to develop and support innovations underway...

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Vaya Space Awarded SBIR Phase I Hybrid Rocket Ejector-Ramjet Airbreathing Hypersonic Missile Study
Aerospace & DefenseAwards

Vaya Space Awarded SBIR Phase I Hybrid Rocket Ejector-Ramjet Airbreathing Hypersonic Missile Study

May 22, 2024 8:45 AM

Defense technology expected to dramatically increase range, performance, and survivabilityCOCOA, FL / ACCESSWIRE / May 22, 2024 / Vaya Space, a space and defense company, announces it has been selected by AFWERX for a SBIR Phase I contract focused on strengthening A2/AD penetration with hybrid rocket ejector-ramjet (HRER) hypersonic propulsion to address the most pressing challenges in the Department of the Air Force (DAF).Vaya Space...

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Infinity Power Unveils Highest Efficiency Atomic Battery
Aerospace & DefenseCompany Update

Infinity Power Unveils Highest Efficiency Atomic Battery

May 21, 2024 10:00 AM

Highly Efficient, Scalable & Mass-Producible Radioisotope Power Sources May Start New Chapter in Groundbreaking Energy Storage Solution HistorySAN DIEGO, CA / ACCESSWIRE / May 21, 2024 / With strong support from the U.S. Department of Defense, Infinity Power in San Diego County in California has successfully developed an incredibly efficient and long-lasting atomic cell harvesting decay energy from radioisotopes. It has been proven that about...

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