Aerospace & Defense

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...

Read more

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 technology SANFORD, 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...

Read more

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...

Read more

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...

Read more

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]. Registered shareholders and duly appointed proxyholders...

Read more

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 applications SAN 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...

Read more

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 systems BOXBOROUGH, 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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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 Allies HEBRON, 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,...

Read more

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,...

Read more

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...

Read more

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...

Read more

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...

Read more