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HEICO Corporation Agrees to Make Major and Highly Complementary Acquisition
Aerospace & DefenseMergers and Acquisitions

HEICO Corporation Agrees to Make Major and Highly Complementary Acquisition

May 15, 2023 8:37 AM

HOLLYWOOD, FL and PEACHTREE CITY, GA / ACCESSWIRE / May 15, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that it entered into an agreement to acquire Wencor Group ("Wencor") from affiliates of Warburg Pincus LLC and Wencor's management for $1.9 billion in cash and $150 million in HEICO Class A Common Stock1 to be paid at closing, or $2.05 billion in the aggregate.The transaction will be HEICO's largest ever in purchase price,...

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FLYHT Names Peter Large and Nancy Young to Board of Directors and Provides Corporate Updates
Aerospace & DefenseCompany Update

FLYHT Names Peter Large and Nancy Young to Board of Directors and Provides Corporate Updates

May 11, 2023 7:35 PM

Proven Aviation, Transportation and Sustainability Executives Join Board as Independent DirectorsCALGARY, AB / ACCESSWIRE / May 11, 2023 / FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") today announced that the Board of Directors has named Nancy N. Young and Pete Large to the Company's Board of Directors. Ms. Young and Dr. Large will serve as independent directors.Ms. Young currently is a globally recognized...

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Volatus Aerospace Corp. Announces Closing of Private Placement of Convertible Debenture Units
Aerospace & DefenseFinancing

Volatus Aerospace Corp. Announces Closing of Private Placement of Convertible Debenture Units

May 11, 2023 9:30 AM

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICESTORONTO, ON / ACCESSWIRE / May 11, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OCTQB:VLTTF) ("Volatus" or the "Company") announced today that it has completed a closing of its previously announced brokered private placement offering (the "Offering") of 12% senior unsecured convertible debenture units of the Company (the "Debenture Units"). Pursuant to the Offering, the...

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Calian Reports Record Revenue for the Second Quarter
Aerospace & DefenseEarnings

Calian Reports Record Revenue for the Second Quarter

May 10, 2023 4:31 PM

(All amounts in release are in Canadian dollars)OTTAWA, ON / ACCESSWIRE / May 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 second quarter ended March 31, 2023.Second quarter highlights:Revenue up 19% to $169 millionGross margin above 30% for the fourth consecutive quarterAdjusted...

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Volatus Aerospace Signs an Exclusive Distribution Agreement for AEE in the Americas
Aerospace & DefenseProduct Announcements

Volatus Aerospace Signs an Exclusive Distribution Agreement for AEE in the Americas

May 10, 2023 1:50 PM

TORONTO, ON / ACCESSWIRE / May 10, 2023 / Today, Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announces that it has signed an exclusive distribution agreement with AEE for the Americas with the intent to ultimately produce NDAA compliant versions of their products."We are excited to start working with AEE and bring their reliable, robust drones to commercial and public safety users," said Dean Attridge, VP of...

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MicroVision Announces First Quarter 2023 Results
Aerospace & DefenseEarnings

MicroVision Announces First Quarter 2023 Results

May 9, 2023 4:50 PM

REDMOND, WA / ACCESSWIRE / May 9, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced its first quarter 2023 results."Following the closing in January of our acquisition of assets from Ibeo Automotive Systems GmbH, we are energized by the strength of our combined team, accelerated engagement with multiple OEMs, and positive financial performance in Q1 2023. Revenue of...

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HEICO Corporation Announces Regular Quarterly Conference Call
Aerospace & DefenseConference Call

HEICO Corporation Announces Regular Quarterly Conference Call

May 9, 2023 4:15 PM

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 9, 2023 / On May 22, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the second quarter ended April 30, 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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Volatus Aerospace Becomes Velos Rotors Partner
Aerospace & DefenseProduct Announcements

Volatus Aerospace Becomes Velos Rotors Partner

May 9, 2023 12:15 PM

Industry-leading UAV integrator is a primary distributor for the AmericasTORONTO, ON / ACCESSWIRE / May 9, 2023 / Velos Rotors announces that Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) has become the exclusive distributor for the Americas. The partnership will support future growth for both companies as they provide a total end-to-end UAV platform for industrial applications including oil and gas, public safety, cargo delivery, and utility...

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a.i. solutions to Host Second Annual Fireside Chat — Amplify Her Voice
Aerospace & DefenseDiversity, Equity and Inclusion

a.i. solutions to Host Second Annual Fireside Chat — Amplify Her Voice

May 9, 2023 9:15 AM

LANHAM, MD. / ACCESSWIRE / May 9, 2023 / The women of a.i. solutions®, a leading space mission engineering services provider and space software applications developer, will be hosting their second annual Fireside Chat - Amplify Her Voice on May 25 from 5-8 p.m. This event will be held in person, and live-streamed, from the company headquarters in Lanham, Maryland.Amplify Her Voice with a.i. solutions Join a.i. solutions on May 25, 2023, from...

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OMEGA by UVify: The Ultimate Open Platform for Developers Creating Autonomous Drone Solutions
Aerospace & DefenseProduct Announcements

OMEGA by UVify: The Ultimate Open Platform for Developers Creating Autonomous Drone Solutions

May 9, 2023 9:00 AM

Empowering Developers to Build Custom Autonomous Solutions and Applications with Unmatched Features and Benefits - Launching at Xponential 2023SEATTLE, WA / ACCESSWIRE / May 9, 2023 / As the drone industry continues to evolve, there is a growing demand for customizable, open platforms that enable developers to create and implement their own autonomous navigation capabilities. Enter the Open Modular Environment for General Autonomy (OMEGA)...

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AgEagle to Host First Quarter 2023 Results Corporate Update on Tuesday, May 16, 2023 at 4:30 PM ET
Aerospace & DefenseEarnings

AgEagle to Host First Quarter 2023 Results Corporate Update on Tuesday, May 16, 2023 at 4:30 PM ET

May 9, 2023 8:30 AM

WICHITA, KS / ACCESSWIRE / May 9, 2023 / AgEagle Aerial Systems Inc. (NYSE American:UAVS) ("AgEagle" or the "Company"), an ​industry-leading​ provider of full stack flight hardware, sensors and software for commercial and government use, will host a webcast on Tuesday, May 16, 2023 at 4:30 p.m. Eastern Time to discuss recent operational developments and its financial results for the first quarter ended March 31, 2023.AgEagle CEO Barrett Mooney...

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DroneUp and Iris Automation Partner to Provide Airspace Awareness for BVLOS Deliveries
Aerospace & DefenseCompany Update

DroneUp and Iris Automation Partner to Provide Airspace Awareness for BVLOS Deliveries

May 5, 2023 12:25 PM

Casia G Technology Enables Dramatic Growth in Safe Flight Operations As DroneUp's Delivery Service Grows across New U.S. MarketsVIRGINIA BEACH, VA and RENO, NV / ACCESSWIRE / May 5, 2023 / DroneUp, LLC, a leading autonomous drone delivery platform and drone services provider, today announced a partnership with Iris Automation, developer of AI-based vision technology for crewed and uncrewed aircraft to prevent airborne collisions. At the center...

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Protector Training for First RAF Cohort Begins at GA-ASI's FTTC
Aerospace & DefenseProduct Announcements

Protector Training for First RAF Cohort Begins at GA-ASI's FTTC

May 4, 2023 11:00 AM

MQ-9B Training at FTTC Will Become Benchmark for Future TrainingSAN DIEGO, CA / ACCESSWIRE / May 4, 2023 / On May 1, 2023, the Royal Air Force (RAF) began training its first cohort of pilots, sensor operators, and mission intelligence coordinators on operating its new Protector Remotely Piloted Aircraft System (RPAS) at the Flight Test & Training Center (FTTC) in Grand Forks, N.D. The FTTC is owned and operated by General Atomics...

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Independent Proxy Advisory Firms ISS & Glass Lewis Recommend MicroVision Shareholders Vote FOR Proposals at Upcoming Annual Meeting of Shareholders
Aerospace & DefenseCompany Update

Independent Proxy Advisory Firms ISS & Glass Lewis Recommend MicroVision Shareholders Vote FOR Proposals at Upcoming Annual Meeting of Shareholders

May 3, 2023 4:02 PM

REDMOND, WA / ACCESSWIRE / May 3, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions, today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis") have each recommended that MicroVision shareholders vote "FOR" the Company's proposals at its Annual Meeting of...

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Volatus Aerospace Approved to Fly Beyond Line of Sight, above 400 Feet by Transport Canada to Support with Forest Fires in Canada
Aerospace & DefenseCompany Update

Volatus Aerospace Approved to Fly Beyond Line of Sight, above 400 Feet by Transport Canada to Support with Forest Fires in Canada

May 3, 2023 11:00 AM

TORONTO, ON / ACCESSWIRE / May 3, 2023 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company"), announced that it has been granted a Special Flight Operating Certificate (SFOC) to fly beyond visual line of sight (BVLOS) and above 400 feet above ground level (AGL) in order to support fire suppression agencies across Canada.In recent years, the prevalence of forest fires has only grown in North America and the ability to...

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MicroVision to Announce First Quarter 2023 Results on May 9, 2023
Aerospace & DefenseCompany Update

MicroVision to Announce First Quarter 2023 Results on May 9, 2023

May 2, 2023 9:20 AM

REDMOND, WA / ACCESSWIRE / May 2, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions, today announced that it will report its first quarter 2023 results on Tuesday, May 9, 2023 after the market close.The Company will subsequently hold a conference call and webcast, consisting of prepared remarks by management, a slide presentation, and a...

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Lamperd Less Lethal is Prepared to Deliver Advanced Riot Shields in a Range of Sizes and Types with Quickest Order Fulfillment Thanks to In-House Production
Aerospace & DefenseCompany Update

Lamperd Less Lethal is Prepared to Deliver Advanced Riot Shields in a Range of Sizes and Types with Quickest Order Fulfillment Thanks to In-House Production

May 2, 2023 8:30 AM

Interlocking Riot Shields and Specialized Versions Available for Every ApplicationIn-House Production and Local Material Sources for Quick Delivery TimesLong Established Reputation for the Highest Quality and Versatile DesignsSARNIA, ON / ACCESSWIRE / May 2, 2023 / Lamperd Less Lethal, Inc. (OTC PINK:LLLI), an innovation leader and manufacturer of advanced security solutions for law enforcement, military and security agencies worldwide, is fully...

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AgEagle Signs $2M Agreement with Wingtra Guaranteeing  Delivery of RedEdge-P Sensor Kits
Aerospace & DefenseCompany Update

AgEagle Signs $2M Agreement with Wingtra Guaranteeing Delivery of RedEdge-P Sensor Kits

May 2, 2023 8:30 AM

Leading Panchromatic Camera Kit Integrated with WingtraOne Gen II VTOL DroneProvides Users with Optimal Spectral and Spatial Resolution for Commercial Aerial MappingWICHITA, KS / ACCESSWIRE / May 2, 2023 / AgEagle Aerial Systems Inc. (NYSE American:UAVS) ("AgEagle" or the "Company"), an ​industry-leading​ provider of full stack flight hardware, sensors and software for commercial and government use, today announced that it has signed a two-year...

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Government of Canada Invests in SkyWatch to Build Advanced Autonomous Space Systems Using Artificial Intelligence and Big Data Analytics
Aerospace & DefenseAwards

Government of Canada Invests in SkyWatch to Build Advanced Autonomous Space Systems Using Artificial Intelligence and Big Data Analytics

May 1, 2023 4:21 PM

SkyWatch was selected by the Canadian Space Agency to receive $1,128,870.00 (taxes included) through the Innovation Solutions Canada program.KITCHENER, ON / ACCESSWIRE / May 1, 2023 / SkyWatch Space Applications Inc. ("SkyWatch"), a leader in the remote sensing data technology industry, announced today that it has been selected by the Canadian Space Agency (CSA) to complete Phase 2 of the Artificial Intelligence and Big Data Analytics for...

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Government of Canada Invests in SkyWatch to Build Advanced Autonomous Space Systems Using Artificial Intelligence and Big Data Analytics
Aerospace & DefenseAwards

Government of Canada Invests in SkyWatch to Build Advanced Autonomous Space Systems Using Artificial Intelligence and Big Data Analytics

May 1, 2023 12:15 PM

SkyWatch was selected by the Canadian Space Agency to receive $1,128,870.00 (taxes included) through the Innovation Solutions Canada program.KITCHENER, ON / ACCESSWIRE / May 1, 2023 / SkyWatch Space Applications Inc. ("SkyWatch"), a leader in the remote sensing data technology industry, announced today that it has been selected by the Canadian Space Agency (CSA) to complete Phase 2 of the Artificial Intelligence and Big Data Analytics for...

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