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General Atomics Awarded Contract for Second EWS Satellite and On-Orbit Services by USSF's Space Systems Command
Aerospace & DefenseAwards

General Atomics Awarded Contract for Second EWS Satellite and On-Orbit Services by USSF's Space Systems Command

July 11, 2024 11:00 AM

SAN DIEGO, CA / ACCESSWIRE / July 11, 2024 / General Atomics Electromagnetic Systems (GA-EMS) announced today that the U.S. Space Force's (USSF) Space Systems Command (SSC) has awarded GA-EMS a contract modification to help alleviate Government on-orbit risks through delivery of a second weather satellite and to provide three years of operations services for each of the two satellites to support the Electro-Optical Infrared (EO/IR) Weather...

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Vaya Space Signs Agreement With Army DEVCOM Aviation and Missile Center to Explore Vortex Hybrid Rocket Engine for Defense Missile Use
Aerospace & DefenseCompany Update

Vaya Space Signs Agreement With Army DEVCOM Aviation and Missile Center to Explore Vortex Hybrid Rocket Engine for Defense Missile Use

July 9, 2024 11:15 AM

COCOA, FL / ACCESSWIRE / July 9, 2024 / Vaya Space, a space and defense company, today announced that it has signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Army Combat Capabilities Development Command Aviation and Missile Center (DEVCOM AvMC) to investigate the use of Vaya Space's vortex hybrid propulsion technology in a representative size for a surface-to-surface missile. The agreement will also allow Vaya to...

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UrbanLink Air Mobility Signs Letter of Intent With Skyway for Vertiport Services in Designated Markets
Aerospace & DefensePartnerships

UrbanLink Air Mobility Signs Letter of Intent With Skyway for Vertiport Services in Designated Markets

July 9, 2024 9:30 AM

Florida Vertiport Route Announcement Set to Launch in October MIAMI, FL / ACCESSWIRE / July 9, 2024 / UrbanLink Air Mobility LLC (UrbanLink), a pioneering advanced air mobility (AAM) operator based in South Florida, has entered into a partnership agreement with Skyway Technologies Corp. (Skyway), a leading vertiport development and operations company based in California, for the joint placement of vertiports in key U.S. and Caribbean markets....

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Face Center of Excellence Director Wins Prestigious FedID Award
Aerospace & DefenseAwards

Face Center of Excellence Director Wins Prestigious FedID Award

July 9, 2024 9:00 AM

ARLINGTON, VA / ACCESSWIRE / July 9, 2024 / On June 26, the Federal Identity Forum (FedID) awarded the 2024 FedID award for "Best Educational Effort" to Ms. Lora Sims, Director of the Face Center of Excellence (FaCE), an affiliate of Ideal innovations., Inc. (I-3). Face Center of Excellence Logo Ms. Sims, as the Director of FaCE, has been supporting standards development through membership and leadership in various working groups, including...

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Asylon Robotics Passes 100,000 Missions Completed With Boston Dynamics Spot Robots
Aerospace & DefenseProduct Announcements

Asylon Robotics Passes 100,000 Missions Completed With Boston Dynamics Spot Robots

July 9, 2024 7:11 AM

Milestone Marks Significant Achievement in Robotic Security Operations NORRISTOWN, PA / ACCESSWIRE / July 9, 2024 / Asylon Robotics, a leader in robotic perimeter security solutions, is proud to announce that 100,000 missions have been completed with its DroneDog™ systems. This milestone underscores Asylon's leadership and commitment to operationalizing robotics at scale to transform the physical security industry. Asylon DroneDog Security Robot...

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Unveiling New Horizons: Theby Space Services (TSS) - Pioneering as the First Black-Owned Rocket Company
Aerospace & DefenseCompany Update

Unveiling New Horizons: Theby Space Services (TSS) - Pioneering as the First Black-Owned Rocket Company

July 8, 2024 3:45 PM

CASPER WY / ACCESSWIRE / July 8, 2024 / As the first Black-owned rocket firm committed to furthering space research, Theby Space Services (TSS) is pleased to announce its ascent to prominence in the aerospace industry. Mateus Chipa, the Founder of TSS started the company with an unwavering goal of transforming space technology and empowering the Black community. TSS was established by Mateus Chipa, who had a strong desire to break down barriers...

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Applied Energetics Announces Expansion of its Facilities at University of Arizona Tech Park to Support New Battle Lab and Laser Manufacturing
Aerospace & DefenseCompany Update

Applied Energetics Announces Expansion of its Facilities at University of Arizona Tech Park to Support New Battle Lab and Laser Manufacturing

July 8, 2024 8:30 AM

Applied Energetics, Inc. (OTCQB:AERG), a leader in the advancement of ultrashort pulse laser technologies (USPL), today announced that it has exercised its option to lease more than 5,000 square feet of additional space at the University of Arizona Tech Park to support the Company's investment in a new Battle Lab and laser manufacturing capacity to ensure it has the critical infrastructure in place to fulfill both current and possible future...

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Piasecki Aircraft and Columbia Helicopters Partner to Deliver Upgraded Heavy-Lift Tandem Rotorcraft
Aerospace & DefensePartnerships

Piasecki Aircraft and Columbia Helicopters Partner to Deliver Upgraded Heavy-Lift Tandem Rotorcraft

July 3, 2024 8:00 AM

Joint Program to Upgrade Columbia Model 107-II Helicopters to New and Enhanced Model-107-III Configuration; Coatesville Heliplex Selected as Development Site COATESVILLE, PA / ACCESSWIRE / July 3, 2024 / Piasecki Aircraft Corporation (PiAC), a global leader in advanced Vertical Take Off and Landing (VTOL) aircraft development, and Columbia Helicopters (CHI), the world's premier tandem rotor helicopter OEM, MRO, and operator, today announced a...

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Canada Jetlines Announces 2024 Annual General Meeting Voting Results
Aerospace & DefenseShareholder Meeting

Canada Jetlines Announces 2024 Annual General Meeting Voting Results

June 28, 2024 7:30 AM

Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company"), a leisure carrier which also offers charter and Aircraft Crew Maintenance Insurance (ACMI) services, announced today the results of the 2024 Annual General Meeting of shareholders. Detailed results of the vote for the election of directors held at the Annual General and Special Meeting on June 27, 2024 in Mississauga, Ontario, are set out below: Director Votes...

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Q1 2024 Financial Results
Aerospace & DefenseEarnings

Q1 2024 Financial Results

June 28, 2024 3:00 AM

CALGARY, AB / ACCESSWIRE / June 28, 2024 / CannaPharmaRx, Inc. (OTC PINK:CPMD), a future leader in ultramodern, highly efficient cannabis production facilities announced today that it filed its first quarter 2024 financial reports for the quarter ending March 31, 2024, on Tuesday, June 25, 2024. Q1 2024 Financial Highlights: Revenue of $25,839 versus $0 in the comparable period of 2023 due to the beginning of product sales. These first product...

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AWS Publishes Case Study on Safe Pro AI’s SpotlightA(TM); Company Included in Keynote at the Amazon Web Services Public Sector Summit
Aerospace & DefenseCompany Update

AWS Publishes Case Study on Safe Pro AI’s SpotlightA(TM); Company Included in Keynote at the Amazon Web Services Public Sector Summit

June 26, 2024 12:30 PM

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 Amazon Web Services (AWS) has published an AWS Partner Network case study on Safe Pro AI and its SpotlightAI™, artificial intelligence (AI)-powered, drone-based imagery analysis ecosystem as used in Ukraine by the humanitarian aid organization, Norwegian People's Aid (NPA). The Company was...

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AeroGuard Flight Training Center Exceeds 100 Planes in Its Rapidly Expanding Aircraft Fleet
Aerospace & DefenseCompany Update

AeroGuard Flight Training Center Exceeds 100 Planes in Its Rapidly Expanding Aircraft Fleet

June 26, 2024 12:00 PM

PHOENIX, AZ / ACCESSWIRE / June 26, 2024 / AeroGuard Flight Training Center, a leader in the flight training industry, has recently exceeded 100 planes within its growing aircraft fleet, passing a significant milestone. AeroGuard has seen rapid growth this past year not only in its fleet, but also in student enrollments, instructor hiring, campus expansion, and notable airline partnerships. AeroGuard Exceeds 100 Planes in Its Rapidly Expanding...

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 Canada Jetlines Announces Loan
Aerospace & DefenseFinancing

Canada Jetlines Announces Loan

June 25, 2024 5:00 PM

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, today announces that it has closed a non-convertible term Loan Agreement for a $2,000,000 loan (the "Loan") with an arm's length third party corporation. The terms of the Loan include: the Loan will be advanced in tranches of $200,000 with the full amount to be...

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USPTO Issues Patent to Ideal Innovations for Handheld Integrated Targeting System (HITS)
Aerospace & DefenseProduct Announcements

USPTO Issues Patent to Ideal Innovations for Handheld Integrated Targeting System (HITS)

June 25, 2024 9:00 AM

ARLINGTON, VA / ACCESSWIRE / June 25, 2024 / The U.S. Patent and Trademark Office (USPTO) issued a patent on June 4, 2024, (patent #US12,000,674), to Ideal Innovations, Inc. (I-3), called Handheld Integrated Targeting System (HITS). HITS facilitates increased accuracy for targeting drones and other Unmanned Aerial Systems (UAS) and represents a leap forward in the counter-UAS space. I-3 Logo Ideal Innovations, Inc. standard logo Modern conflicts...

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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...

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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...

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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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