Aerospace & Defense

CORAS Rolls Out Early Release of Driver Trees Tool

April 17, 2024 1:00 PM

Responding to U.S. Navy's Agenda for Performance-based Management, Decision-Making, and Readiness MCLEAN, VA / ACCESSWIRE / April 17, 2024 / CORAS Federal, a FedRAMP High Software as a Service (SaaS) platform, announced an early release of a Driver Trees feature that adds to its suite of enterprise decision management tools. Driver Trees are a performance-based management process that identifies root causes and the most impactful way of pushing...

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The145.com Announces Technology Partnership Aimed at Benefitting Its Aviation Aftermarket Parts Suppliers and MROs

April 17, 2024 12:30 PM

CAMBRIDGE, MN / ACCESSWIRE / April 17, 2024 / In a significant move, The145 is excited to announce a strategic partnership with Ambry Hill Technologies, advocating for its innovative cloud-based Vista-Quote RFQ and quote management platform. This collaboration is poised to transform how The145 customers handle inbound requests for quotes (RFQ) volume, offering a more efficient and seamless quote response process. The145.com Vista-Quote.com...

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Loar Announces Launch of Initial Public Offering

April 17, 2024 6:30 AM

WHITE PLAINS, NY / ACCESSWIRE / April 17, 2024 / Loar Holdings Inc. ("Loar") announced today that it has launched the roadshow for the initial public offering of 11,000,000 shares of its common stock. In addition, the underwriters are expected to have a 30-day option to purchase up to an additional 1,650,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price...

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TRS Services Announces Appointment of Rick Stine to Its Board of Directors

April 16, 2024 7:30 AM

HOUSTON, TX / ACCESSWIRE / April 16, 2024 / TRS Services ("TRS"), a provider of maintenance, repair and overhaul services for component parts of industrial gas turbine engines ("IGTs"), announced today the appointment of Rick Stine to its Board of Directors. "We are excited to have Rick join the TRS platform as a member of the Board of Directors," said Cliff Orr, Partner with Battle Investment Group. "Rick brings an extensive track record of...

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Operation Storybook: Addressing the Challenges of Military Pet Boarding Through Storytelling and Support

April 10, 2024 9:00 AM

Launching Operation Storybook, Dogs on Deployment addresses the soaring pet relocation costs impacting military families. The campaign features "Sometimes Love," a children's book that empathizes with military life challenges, aiming to raise awareness and funds for families navigating pet boarding during relocations and deployments. SAN MARCOS, CA / ACCESSWIRE / April 10, 2024 / Dogs on Deployment, a renowned non-profit organization focused on...

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AELF Acquires 737-800

April 10, 2024 4:00 AM

U.S.-based Lessor Adds MSN 37960 to Its Fleet CHICAGO, IL / ACCESSWIRE / April 10, 2024 / Aircraft Engine Lease Finance, Inc. ("AELF") announced today its acquisition of Boeing 737-8AL serial number 37960 from Saroja Aviation, Limited. "We are thrilled to welcome this aircraft into our portfolio as we seek to expand our presence in the 737-800 market," said Joe Cirillo, Head of Global Marketing for AELF. "Expanding our presence in the narrowbody...

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Canada Jetlines Provides Management Update

April 5, 2024 4:00 PM

TORONTO, ON / ACCESSWIRE / April 5, 2024 / Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company"), a prominent leisure airline in Canada, announced today that Mr. Brad Warren, Chief Operating Officer (COO), at Canada Jetlines will be leaving the Company at the end of April 2024 to pursue another opportunity in the industry. Brad joined Canada Jetlines in April 2021 as Vice-President of Maintenance and was promoted to...

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ICON Aircraft Initiates Restructuring Process and Files for Chapter 11 Protection

April 4, 2024 11:00 AM

VACAVILLE, CA / ACCESSWIRE / April 4, 2024 / ICON Aircraft, manufacturer of the revolutionary ICON A5 amphibious sport plane, today announced that it has commenced a strategic restructuring process by filing for Chapter 11 protection. The Company further disclosed that it intends to pursue a sale of its business under Section 363 of the Bankruptcy Code while continuing to support its customers and operations during the Chapter 11 process. The...

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Loar Files Registration Statement for Proposed Initial Public Offering

April 2, 2024 5:40 PM

WHITE PLAINS, NY / ACCESSWIRE / April 2, 2024 / Loar Holdings, LLC, which will convert into a corporation and be renamed Loar Holdings Inc. ("Loar"), announced today that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet...

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Safe Pro AI Invited to Croatian Mine Action Symposium to Present Paper on SpotlightAI, AI-Powered, AWS Cloud-Based Ecosystem for Drone Imagery Analysis

April 2, 2024 8:30 AM

Team to Highlight the Real-World Impact of Drone-Based, AI-Powered Landmine Detection in Ukraine AVENTURA, FL / ACCESSWIRE / April 2, 2024 / 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 Safe Pro AI have been selected to present a paper on its patent-pending SpotlightAI, Machine Learning (ML)-AI powered, drone-based demining...

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CannapharmaRx Pays Off Convertible Notes

April 2, 2024 6:00 AM

CALGARY, AB / ACCESSWIRE / April 2, 2024 / CannapharmaRx, Inc. (OTC PINK:CPMD), a future leader in ultramodern, highly efficient cannabis production facilities announced today that it has extinguished convertible notes on the company. This transaction will avoid potential dilution of the company's stock and protect shareholder interests. The notes, with 1800 Diagonal Lending, LLC and Janbella Group, LLC, were paid with cash generated primarily...

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Canada Jetlines Announces Q4 and Full Year 2023 Financial Results

March 28, 2024 4:00 PM

TORONTO, ON / ACCESSWIRE / March 28, 2024 / Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company"), one of Canada's leading leisure airlines, today reported financial results for the fourth quarter and full year ended December 31, 2023. All financial figures are in Canadian dollars and in accordance with IFRS as presented in the annual consolidated financial statements. Q4 2023 Three-Month Period Financial Results:...

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United States Department of the Air Force Notice of Availability Final Programmatic Environmental Assessment and Finding of No Significant Impact for Testing and Training with Defensive Countermeasures

March 26, 2024 5:35 PM

LACKLAND, TX / ACCESSWIRE / March 26, 2024 / A Final Programmatic Environmental Assessment (PEA) and Finding of No Significant Impact (FONSI) have been prepared by the Department of the Air Force (DAF) to consider the potential environmental consequences associated with the implementation of Testing and Training with Defensive Countermeasures (chaff and flares) in the continental United States. The PEA assesses the Proposed Action to continue...

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DroneUp Reinvents Last-Mile Logistics With the Launch of the Industry's First Drone Autonomous Ecosystem

March 26, 2024 1:30 PM

New Technology Offers Scalable and Affordable Last Mile Delivery VIRGINIA BEACH, VA / ACCESSWIRE / March 26, 2024 / DroneUp, America's leading autonomous drone delivery company, today unveiled groundbreaking technology to revolutionize last-mile logistics. DroneUp introduces its proprietary autonomous Ecosystem, integrating cutting-edge ground, air, and software products into a single platform. This marks an unprecedented move towards scalable,...

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Metal Finishing Technologies Announces Acquisition of Aqua Blasting Corp.

March 26, 2024 7:30 AM

BRISTOL, CT / ACCESSWIRE / March 26, 2024 / Metal Finishing Technologies, LLC (MFT), a nationally-recognized leading provider of metal finishing and specialty coating services for aerospace, defense and industrial customers, announced the acquisition of Aqua Blasting Corp. (Aqua Blasting), a Bloomfield, CT based provider of shot peening and blasting services to the aerospace, defense, medical, and semiconductor markets. This acquisition marks a...

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General Atomics Signs a Memorandum of Understanding With Emirates Nuclear Energy Corporation

March 21, 2024 4:00 PM

Collaboration Will Fast-Track Technologies, Materials for Nuclear Reactor Systems SAN DIEGO, CA / ACCESSWIRE / March 21, 2024 / General Atomics (GA) announced today that it has signed a Memorandum of Understanding (MOU) with the Emirates Nuclear Energy Corporation (ENEC) to investigate collaborative project opportunities to support United Arab Emirates (UAE) nuclear energy programs. Representatives from both companies signed the MOU while...

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Canada Jetlines (Cboe CA:CJET) to Announce Q4 and Full Year 2023 Earnings Results

March 20, 2024 7:30 AM

TORONTO, ON / ACCESSWIRE / March 20, 2024 / Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company"), one of Canada's leading leisure airlines, announces that it intends to release fourth quarter and full year 2023 results prior to open of market on Thursday, March 28. Company management will then conduct a Webcast (with call in details) to provide a business update and discuss the fourth quarter and full year 2023...

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AeroGuard Flight Training Center Announces Partnership With China Airlines to Train Cadet Pilots

March 19, 2024 12:00 PM

PHOENIX, AZ / ACCESSWIRE / March 19, 2024 / AeroGuard Flight Training Center, an industry leader in ab initio pilot training, is proud to announce a new partnership with Taiwan-based China Airlines. This significant agreement marks a pivotal milestone for AeroGuard as it expands its training on a global scale to professionally prepare future pilots for the world's leading airlines. AeroGuard Selected by China Airlines to Train the Airline's...

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Cubic to Demonstrate Radio Over IP Technologies at the International Wireless Communications Expo

March 18, 2024 8:00 AM

Delivering simple, easy-to-deploy, secure communications to shape the future of mission-critical operations. SAN DIEGO, CA / ACCESSWIRE / March 18, 2024 / Cubic DTECH Mission Solutions, a recognized industry leader in providing trusted, scalable and intuitive edge compute and networking platforms will showcase its innovative Radio Over IP gateway solutions during the International Wireless Communications Expo (IWCE) 2024, from March 27-28, in...

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CannapharmaRx Receives First Purchase Order and Begins Shipment of Product

March 14, 2024 6:00 AM

CannapharmaRx products have been approved for sale in multiple countries worldwide CALGARY, AB / ACCESSWIRE / March 14, 2024 / CannaPharmaRx, Inc. (OTC PINK:CPMD), a future leader in ultramodern, highly efficient cannabis production facilities announced today that it has received its first purchase order covering the output for the first four harvests. This product was shipped on March 11 to a Canadian LP for distribution within Canada. The...

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