Aerospace & Defense

Jet2.com Partners With IWG, Installing Pre-Select to Support Aircraft Weight and Emissions Reductions

January 4, 2024 9:00 AM

SURREY, BC / ACCESSWIRE / January 4, 2024 / International Water-Guard Industries, Inc. (IWG) and Jet2.com have entered into an agreement to install IWG's patented "Pre-Select" Intelligent Water Quantity System on 52 B737-800 NG aircraft, making Jet2.com the first airline in Europe to use the product. International Water-Guard Logo Jet2.com has chosen the IWG Pre-Select system, which enables operators to accurately manage the amount of potable...

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Canada Jetlines (NEO:CJET) Announces Closing of Additional Proceeds of $13.5 Million Equity Financing

December 29, 2023 5:00 PM

TORONTO, ON / ACCESSWIRE / December 29, 2023 / Canada Jetlines Operations Ltd. (NEO:CJET) ("Canada Jetlines" or the "Company"), Canada's friendly leisure airline, is pleased to announce that it has closed on an additional $2.66 million in proceeds from its non-brokered private placement with a single arm's length investor to raise a total of $13,500,001 (the "Offering"). The Offering consists of common shares (each a "Share") issued at...

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UVify's IFO Dazzles the World, Clinching 'Best LED Light Show Drone' Title at LDI 2023!

December 23, 2023 9:45 AM

UVify's IFO Earns Coveted 'Best LED Light Show Drone' Award at LDI 2023 SEATTLE, WA / ACCESSWIRE / December 23, 2023 / UVify is excited to announce that the IFO has been honored with the prestigious "Best LED Light Show Drone" award at LDI 2023, as part of the "Best of LDI 2023" accolades by rAVe. This award solidifies UVify's position as a frontrunner in the drone light show industry. Word's biggest Merry Christmas done with Drones The world's...

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Government of Canada Orders the MQ-9B SkyGuardian RPAS From GA-ASI

December 19, 2023 6:55 PM

SAN DIEGO, CA / ACCESSWIRE / December 19, 2023 / The Government of Canada has signed a contract to purchase a fleet of MQ-9B SkyGuardian® Remotely Piloted Aircraft Systems (RPAS) from General Atomics Aeronautical Systems, Inc. (GA-ASI). The order includes the associated Certified Ground Control Stations and support equipment from GA-ASI. The first delivery is expected in 2028. The SkyGuardian RPAS is interoperable with Canada's domestic missions...

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HEICO Corporation Reports Record Operating Income and Net Sales for the Fourth Quarter and Full Fiscal Year

December 18, 2023 4:25 PM

4th Quarter of Fiscal 2023 Operating Income Increased 29% on a Net Sales Increase of 54%; Full Fiscal Year 2023 Net Income, Operating Income and Net Sales Set All-Time Records HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 18, 2023 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net sales increased 54% to a record $936.4 million in the fourth quarter of fiscal 2023, up from $609.6 million in the fourth quarter of fiscal 2022....

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General Atomics Awarded Contract From Bay West, LLC for PFAS Destruction Demonstrations

December 18, 2023 11:00 AM

General Atomics' iSCWO System to Destroy PFAS and other organic waste in various waste streams SAN DIEGO, CA / ACCESSWIRE / December 18, 2023 / General Atomics Electromagnetic Systems (GA-EMS) announced today that it has been awarded a contract by Bay West, LLC, an environmental remediation and industrial solutions firm, to destroy per- and polyfluoroalkyl substances (PFAS) in multiple demonstration projects using GA-EMS' industrial...

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HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates

December 18, 2023 8:30 AM

$.10 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / December 18, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock. The dividend is HEICO's 91st consecutive semi-annual cash dividend since 1979. The dividend is payable on January 19, 2024 to all shareholders of record on January...

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MicroVision Reiterates Revenue Guidance and Provides Updates on OEM Engagements

December 14, 2023 9:20 AM

REDMOND, WA / ACCESSWIRE / December 14, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, today reiterated its 2023 revenue guidance and provided updates on engagement with OEMs. "As we wrap up a year of strong growth and momentum for MicroVision, we want to give a brief update to shareholders about where we are and where we're going," said Sumit Sharma, MicroVision's Chief...

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Mynaric Receives US $33 million Order from Northrop Grumman

December 13, 2023 2:30 AM

MUNICH, GERMANY / ACCESSWIRE / December 13, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) has today entered into a definitive agreement with Northrop Grumman for the delivery of optical communication terminals in the framework of the U.S. Government's Space Development Agency Tranche 2 Transport Layer-Alpha space vehicles program. The contract, with a value of around US $33 million, foresees payment milestones starting early 2024 and continuing...

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Defense Innovation Unit Awards General Atomics a Contract to Demonstrate iSCWO System for PFAS Destruction

December 11, 2023 11:00 AM

PFAS Destruction Testing at DoD Site to Start in Early 2024 SAN DIEGO, CA / ACCESSWIRE / December 11, 2023 / General Atomics Electromagnetic Systems (GA-EMS) announced today that it has been awarded a contract funded by the Department of Defense's (DoD) Environmental Security Technology Certification Program (ESTCP) through the Defense Innovation Unit (DIU) to demonstrate the company's iSCWO (industrial Supercritical Water Oxidation) system's...

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Canada Jetlines Soars with Purpose: A Commitment to Education and Community Empowerment

December 11, 2023 8:00 AM

TORONTO, ON / ACCESSWIRE / December 11, 2023 / Canada Jetlines Operations Ltd. (NEO:CJET) ("Canada Jetlines" or the "Company") the premier airline committed to delivering affordable and reliable travel experiences to leisure destinations, is thrilled to announce its association with Wings Kidz, a remarkable organization dedicated to providing a safe haven and educational support for at-risk children in Montego Bay, founded by the inspiring Ms....

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Canada Jetlines Takes Flight: Inaugural Route from Toronto to Montego Bay

December 7, 2023 10:00 AM

TORONTO, ON / ACCESSWIRE / December 7, 2023 / Canada Jetlines Operations Ltd. (NEO:CJET) ("Canada Jetlines" or the "Company") the premier airline committed to delivering affordable and reliable travel experiences to leisure destinations, is thrilled to announce the launch of its much-anticipated inaugural flight from Toronto Pearson International Airport to Montego Bay, Jamaica. Commencing Saturday, December 9, 2023, Canada Jetlines will operate...

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Volatus Aerospace Strengthens Online Drone Training in the UK with Acquisition of UAVHub and The Drone Mentor

December 7, 2023 7:00 AM

Expected 2024 Revenue of C$2M with 9% EBITDA TORONTO, ON / ACCESSWIRE / December 7, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a leader in innovating aerial intelligence, announced today that it signed an arm's length definitive agreement on November 30th, 2023 to acquire two UK-based companies, Aerial Motion Pictures Ltd., dba UAVHub and Open Sky Consulting International Ltd., dba The Drone Mentor,...

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FAA Selects SkySafe for UAS Detection and Mitigation Testing and Evaluation Program

December 6, 2023 9:05 AM

SkySafe's industry-first cloud-based platform offers the most future-ready solution for the integration of UAS into the national airspace SAN DIEGO, CA / ACCESSWIRE / December 6, 2023 / SkySafe, a global leader in drone airspace management and awareness, is pleased to announce it has been selected for the FAA's UAS Detection and Mitigation Testing and Evaluation Program. SkySafe's solution marks a significant step towards enhancing aviation...

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HEICO Corporation Announces Regular Quarterly Conference Call

December 5, 2023 4:15 PM

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 5, 2023 / On December 18, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2023. The earnings release will be available through the Internet on the Company's website at http://www.heico.com. In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company...

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Hydrosat Awarded Contract with the National Reconnaissance Office for Thermal Imagery

December 5, 2023 11:30 AM

Innovative Geospatial Startup Announces Contract Under NRO's Strategic Commercial Enhancements Broad Agency Announcement Framework, Commercial Electro-Optical Capabilities Focus Area WASHINGTON, DC / ACCESSWIRE / December 5, 2023 / Hydrosat, the thermal infrared data and analytics company, announced today it has secured a 2.5-year contract with the National Reconnaissance Office (NRO) under the agency's Strategic Commercial Enhancements (SCE)...

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Canada Jetlines Celebrates Record-Breaking Black Friday Week Ticket Sales

December 5, 2023 8:00 AM

TORONTO, ON / ACCESSWIRE / December 5, 2023 / Canada Jetlines Operations Ltd. (NEO:CJET) ("Canada Jetlines" or the "Company") the premier airline committed to delivering affordable and reliable travel experiences to leisure destinations, Canada Jetlines is pleased to announce a significant achievement with its Black Friday week ticket sales. The Company experienced an overwhelming response from eager travelers seeking a winter getaway, marking a...

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Luxoft and MicroVision Join Forces to Enhance ADAS Automated Testing at Scale

December 4, 2023 3:00 AM

ZUG, SWITZERLAND / ACCESSWIRE / December 4, 2023 / Luxoft, a DXC Technology Company, have teamed up with MicroVision (NASDAQ:MVIS) to set the foundation for a new generation of testing and simulation environments. Modern advanced driver assistance systems (ADAS) and autonomous drive (AD) applications rely on algorithms that must be tested and validated using ground truth (GT) data. MicroVision develop automotive lidar sensors and provide...

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International Water-Guard Industries, Inc. (IWG) Selected to Provide Lavatory Components Including Touchless Faucets and Water Heaters to Airbus

November 30, 2023 8:00 AM

SURREY, BC / ACCESSWIRE / November 30, 2023 / International Water-Guard Industries, Inc. (IWG) announced today that it has been selected to provide Lavatory components including Touchless Faucets and Water Heaters to Airbus for installation on their A320, A330, and A350 series airframes. International Water-Guard Logo IWG's corporate ID represents our leadership in UV water treatment. It presents its dedication to the aviation industry for over...

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Uplift Aerospace Receives Grant to Host Workshops for New Virtual Reality Astronaut Training Program

November 30, 2023 7:06 AM

PARK CITY, UT / ACCESSWIRE / November 30, 2023 / NRP Stone, Inc. (Symbol:NRPI) NRP Stone, Inc. (Symbol:NRPI), a pioneering force in space innovation through its subsidiary Uplift Aerospace, Inc., is proud to announce its recent receipt of a STEP grant from the Utah World Trade Center. This grant provides industry validation of Uplift Aerospace's commitment to revolutionizing STEM education globally through cutting-edge technology. The grant...

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