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FLYHT to Participate in Planet MicroCap Showcase 2023 in Vancouver
Aerospace & DefenseConferences

FLYHT to Participate in Planet MicroCap Showcase 2023 in Vancouver

August 29, 2023 7:05 AM

CALGARY, AB / ACCESSWIRE / August 29, 2023 / FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") announced today that management will participate in the Planet MicroCap Showcase 2023 in Vancouver, BC, on September 6-7, 2023. Kent Jacobs, President and Interim CEO, and Alana Forbes, CFO, are scheduled to host a presentation on Wednesday, September 6, 2023 at 10:30 AM PT (11:30 AM MT), followed by a Q&A session....

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Volatus Announces 31% Revenue Growth & 34% Gross Margins in Q2 2023
Aerospace & DefenseEarnings

Volatus Announces 31% Revenue Growth & 34% Gross Margins in Q2 2023

August 28, 2023 4:35 PM

Record Q2 Revenues, Cost Reduction Plan Drives Gross Profit & Gross MarginsTORONTO, ON / ACCESSWIRE / August 28, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending June 30, 2023 ("Q2 2023").The Company generated revenue of $8,684,991 for the three months ending June 30, 2023.Revenue for Q2 2023...

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HEICO Corporation Reports Record Net Sales for the Third Quarter of Fiscal 2023
Aerospace & DefenseEarnings

HEICO Corporation Reports Record Net Sales for the Third Quarter of Fiscal 2023

August 28, 2023 4:15 PM

Fiscal 2023 3rd Quarter Net Income up 24% on 16% Operating Income Increase, and Record Net Sales - Which Increased 27%HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 28, 2023 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net sales increased 27% to a record $722.9 million in the third quarter of fiscal 2023, up from $569.5 million in the third quarter of fiscal 2022. Operating income increased 16% to $149.4 million in the third...

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CannaPharmaRx Expands Board of Directors
Aerospace & DefenseManagement Changes

CannaPharmaRx Expands Board of Directors

August 25, 2023 6:00 AM

CALGARY, AB / ACCESSWIRE / August 25, 2023 / CannaPharmaRx, Inc. (OTC EXPERT:CPMD), a future leader in ultramodern, highly efficient cannabis production facilities announced today that it has expanded its Board of Directors from three seats to five. The Board deemed this expansion was in the best interest of the Corporation as it coincides with an expansion of operations.The following person(s) were elected to the Board to fill the newly created...

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Two HEICO Subsidiaries Supply Mission-Critical Parts on India's Chandrayaan Spacecraft
Aerospace & DefenseCompany Update

Two HEICO Subsidiaries Supply Mission-Critical Parts on India's Chandrayaan Spacecraft

August 24, 2023 8:30 AM

3D PLUS AND Exxelia Design and Made ComponentsHOLLYWOOD, FL and BUC, FRANCE / ACCESSWIRE / August 24, 2023 / HEICO Corporation (NYSE: HEI.A and HEI) today reported that two of its subsidiaries, 3D PLUS and Exxelia, supplied mission-critical electronic components on India's Chandrayaan-3 spacecraft, which successfully executed a soft landing on the Moon's South Pole yesterday.HEICO's Buc, France-based 3D PLUS designed and produced sophisticated...

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Ditto Selected by AFWERX To Address the Department of the Air Force's Most Pressing Challenges
Aerospace & DefenseCompany Update

Ditto Selected by AFWERX To Address the Department of the Air Force's Most Pressing Challenges

August 22, 2023 9:00 AM

$1.125M contract for innovative edge sync technology strengthens the defense of the United States of AmericaBERKELEY, CA / ACCESSWIRE / August 22, 2023 / DittoLive Incorporated (Ditto) announces it has been selected by AFWERX for a Direct-to-Phase II contract in the amount of $1.125M focused on the Ditto Edge Sync Platform to address the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and...

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PFAS 'Forever Chemicals' in Biosolids Waste Destroyed by General Atomics iSCWO System
Aerospace & DefenseEnvironmental, Social and Governance

PFAS 'Forever Chemicals' in Biosolids Waste Destroyed by General Atomics iSCWO System

August 21, 2023 11:00 AM

Eliminates PFAS in Biosolids Filtered from Wastewater Treatment ProcessesSAN DIEGO, CA / ACCESSWIRE / August 21, 2023 / General Atomics Electromagnetic Systems (GA-EMS) announced today that its industrial Supercritical Water Oxidation (iSCWO) system successfully destroyed per-and polyfluoroalkyl substances (PFAS) in biosolids waste from samples provided by two Southern California waste management facilities. GA-EMS is providing the test analysis...

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Primordial Labs Awarded Direct to Phase II SBIR Contract to Apply Innovative Human-Machine Teaming Product to Army Special Forces’ Drone Operations
Aerospace & DefenseCompany Update

Primordial Labs Awarded Direct to Phase II SBIR Contract to Apply Innovative Human-Machine Teaming Product to Army Special Forces’ Drone Operations

August 21, 2023 7:00 AM

NEW HAVEN, CT / ACCESSWIRE / August 21, 2023 / Primordial Labs Inc, the AI company transforming the way warfighters interact with complex systems, announced today the award of a milestone contract that will put Anura, the company's Tactical AI Assistant, into the hands of special operators to make it easier for them to control drones during combat missions. The Direct to Phase II Small Business Innovation Research (SBIR) grant will be awarded in...

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Calian Announces Intention to Launch Normal Course Issuer Bid
Aerospace & DefenseCompany Update

Calian Announces Intention to Launch Normal Course Issuer Bid

August 18, 2023 9:45 AM

OTTAWA, ON / ACCESSWIRE / August 18, 2023 / Calian® Group Ltd. ("Calian" or the "Company") (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, announces today that, subject to the approval of the Toronto Stock Exchange ("TSX"), it intends to launch a normal course issuer bid ("NCIB") to purchase for cancellation up to 10% of its public float of common...

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General Atomics Destroys PFAS 'Forever Chemicals' in Landfill Leachate
Aerospace & DefenseEnvironmental, Social and Governance

General Atomics Destroys PFAS 'Forever Chemicals' in Landfill Leachate

August 16, 2023 11:00 AM

PFAS-Contaminated Liquid Percolates Through Municipal Solid Waste LandfillsSAN DIEGO, CA / ACCESSWIRE / August 16, 2023 / General Atomics Electromagnetic Systems (GA-EMS) announced today that its industrial Supercritical Water Oxidation (iSCWO) system has successfully destroyed per- and polyfluoroalkyl substances (PFAS)-contaminated landfill leachate sourced from a municipal landfill. Leachate is a liquid generated when water percolates through...

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Proserv Aviation Expands Operations With New Corporate Office and Warehouse Facility
Aerospace & DefenseCompany Update

Proserv Aviation Expands Operations With New Corporate Office and Warehouse Facility

August 16, 2023 9:00 AM

Global Aircraft Parts Distributor Relocates to Accommodate Growth and EfficiencyMILWAUKEE, WI / ACCESSWIRE / August 16, 2023 / Proserv Aviation will open a new corporate headquarters in Oak Creek, Wisconsin, this September. A global distributor of aircraft parts, Proserv Aviation has been deploying extensive capital into strategic rotable pools, expendables, and ground support equipment backed by decades of experience and industry knowledge. ...

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UAV Corp Opens New Office in Oklahoma
Aerospace & DefenseCompany Update

UAV Corp Opens New Office in Oklahoma

August 16, 2023 8:00 AM

Executes Mou With Osage, LLCTULSA, OK / ACCESSWIRE / August 16, 2023 / UAV Corp (OTC PINK:UMAV) has opened a new office in Tulsa, Oklahoma, as a strategic move to address it's high altitude airship program for achieving altitudes up to 70,000 feet for both manned and unmanned satellite technology, utilizing new lighter than air technologies. "UAV Corp. is thrilled to announce the grand opening of our new office in Tulsa as a significant...

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SkyWatch Announces Availability of Umbra SAR Data; Launch of InSARance Offering
Aerospace & DefensePartnerships

SkyWatch Announces Availability of Umbra SAR Data; Launch of InSARance Offering

August 16, 2023 6:00 AM

KITCHENER, ON / ACCESSWIRE / August 16, 2023 / SkyWatch, a leader in the remote sensing data technology industry, announced today its partnership with Umbra, a leader in advanced space radar technology. This partnership will allow customers to purchase Umbra's industry-leading synthetic aperture radar (SAR) data via SkyWatch's EarthCache platform. SkyWatch's core mission is to make remote sensing data accessible, affordable, and standardized....

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HEICO Corporation Announces Regular Quarterly Conference Call
Aerospace & DefenseConference Call

HEICO Corporation Announces Regular Quarterly Conference Call

August 15, 2023 1:30 PM

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 15, 2023 / On August 28, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the third quarter ended July 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 issues...

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DDC-I's Deos RTOS Hosts GE's Flight Management System
Aerospace & DefenseProduct Announcements

DDC-I's Deos RTOS Hosts GE's Flight Management System

August 15, 2023 8:00 AM

GE's FMS utilizing Deos employs AdaCore's Ada, CoreAVI OpenGL graphics, ProtoLogic EDS display platform and Ansys display software to achieve unprecedented configurability, multi-core performance, modularity, scalability, and reusePHOENIX, AZ / ACCESSWIRE / August 15, 2023 / DDC-I, a leading supplier of safety-critical operating systems and tools, today announced that its DO-178C Design Assurance Level A Deos™ multicore real time operating...

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Volatus Aerospace Corp. Announces Distributorship Agreement with US Drone Manufacturer Inspired Flight
Aerospace & DefenseCompany Update

Volatus Aerospace Corp. Announces Distributorship Agreement with US Drone Manufacturer Inspired Flight

August 11, 2023 7:45 AM

TORONTO, ON / ACCESSWIRE / August 11, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announces that on July 25th, 2023 the Company has signed a reseller agreement with Inspired Flight, a US-based National Defense Authorization Act (NDAA) compliant drone manufacturer, to meet client demands for reliable off-the-shelf blue sUAS qualified equipment in the mid-sized class. Typically, this regulatory requirement...

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Calian Reports Third Quarter Results
Aerospace & DefenseEarnings

Calian Reports Third Quarter Results

August 10, 2023 5:06 PM

(All amounts in release are in Canadian dollars)OTTAWA, ON / ACCESSWIRE / August 10, 2023 / Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, today released its results for the third quarter ended June 30, 2023.Third quarter highlights:Revenue up 11% to $167 millionGross margin above 30% for the fifth consecutive quarterAdjusted EBITDA1...

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U.S. Air Force Digital Transformation Office Seeks Small Business Solutions to Provide Novel Ways of Increasing Productivity and Collaboration in Remote Settings
Aerospace & DefenseCompany Update

U.S. Air Force Digital Transformation Office Seeks Small Business Solutions to Provide Novel Ways of Increasing Productivity and Collaboration in Remote Settings

August 9, 2023 3:30 PM

Catalyst Accelerator Ogden (Accelerator), in coordination with the U.S. Air Force and Digital Transformation Office (DTO), seeks technologies for its three-month Accelerator that will focus on improving the USAF's remote worker's collaboration and production capabilities.OGDEN, UT / ACCESSWIRE / August 9, 2023 / Small businesses from every industry are encouraged to apply to pitch their technology to the U.S. Air Force if they have a technology...

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Volatus Aerospace Consolidates Subsidiary Operations and Optimizes Costs through Minority Share Acquisition
Aerospace & DefenseCompany Update

Volatus Aerospace Consolidates Subsidiary Operations and Optimizes Costs through Minority Share Acquisition

August 9, 2023 7:45 AM

TORONTO, ON / ACCESSWIRE / August 9, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announced that it has acquired all the minority shares of Volatus Unmanned Services Inc., (VUS) to consolidate and optimize costs and business operations. The estimated savings through consolidation is ~C$1.1M+ on an annualized basis. Benefits will begin to be realized in Q3 2023 and beyond. The Company executed a roll-up...

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TransAstra Wins Space Force Phase 2 Contract for Development of Groundbreaking Turn Key Telescope Observatory System
Aerospace & DefenseAwards

TransAstra Wins Space Force Phase 2 Contract for Development of Groundbreaking Turn Key Telescope Observatory System

August 8, 2023 12:30 PM

LOS ANGELES, CA / ACCESSWIRE / August 8, 2023 / Trans Astronautica Corporation, the pioneering space technology company and Y Combinator graduate, is pleased to announce it has been awarded a Phase 2 SBIR contract from the United States Space Force. This contract will fund the development of an operational prototype for the Sutter Turn Key Observatory (Sutter TKO), a cutting-edge, self-contained observatory capable of housing up to 18 integrated...

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