09 Sep 2021Aerospace
Collins Aerospace to provide life support for privately run LEO outpost

Key Insights and Signals in Aerospace & Defence

Centre Setup and Expansion 
General Atomics seeks to expand Optical Comms terminal production with new San Diego facility
General Atomics has added to its space systems infrastructure in San Diego a 7,500-square-foot cleanroom facility that can support the production of up to 300 optical communication terminals per year. Read More>>
Deals and Deal Renewal  
Hensoldt to equip German F214 Sachsen-class frigates with new radars 
Hensoldt and Israel Aerospace Industries (IAI) is supplying new radars to the German Navy to modernize the sensor technology of the F124 air defense frigates. The F124 frigates’ radars will be refurbished to overcome the obsolescence of electronics components. Read More>>
Collins Aerospace to provide an Earth-like atmosphere for future travelers heading into orbit  
Collins Aerospace’s Environmental Control and Life Support Systems (ECLSS) will support a mission to establish a privately owned and operated orbital outpost in low Earth orbit to enable livable conditions as low as 250 kilometers above Earth’s surface. Read More>>
Maxar Technologies Ltd. announces a 5-year contract from NGA
Maxar Technologies’ USD 60 Mn contract with the U.S. National Geospatial-Intelligence Agency (NGA) will develop and operate a classified big data analytics program. Maxar will continue to support a mission-critical analytic system relied on by thousands of Department of Defense and Intelligence Community users. Read More>>
Army selects Elbit Systems, L3Harris for USD 92 Mn Aviator Imaging tech supply contract 
L3Harris Technologies and Elbit Systems will manufacture helmet-mounted image intensification technology for U.S. Army aviators. The third-generation ANVIS will help the Army aircrew manage flight operations in low light or degraded visual environments. Read More>>
Partnerships
Airbus UP42 partners with Indian startup HyperVerge for AI-based satellite imagery analytics  
HyperVerge’s automated algorithms will help detect small structural changes to homes and properties for local government tax assessment and code enforcement. The automated algorithms will accurately detect these changes by comparing two images acquired on different dates. Read More>>
Bharat Dynamics, MBDA sign pact to set up a facility for the air-to-air missile in Telangana 
MBDA, a European missile maker, is establishing a facility for the final assembly, integration, and test (FAIT) of Advanced Short Range Air-to-Air Missile ( ASRAAM ) at Bhanur. MBDA will transfer the equipment and knowledge to BDL for establishing the facility. Read More>>
Mergers and Acquisitions 
Boeing, an investor in two of Richard Branson’s space companies 
Virgin Orbit will soon join sister company Virgin Galactic and other space stocks on Wall Street in a reverse merger that includes Boeing’s backing. The deal is expected to raise USD 483 Mn, with USD 100 Mn from private investment. Read More>>
Shareholders approve Rocket Lab SPAC deal 
Shareholders of a special-purpose acquisition company (SPAC) voted to merge with Rocket Lab, giving the small launch vehicle and spacecraft developer an infusion of cash. It will receive approximately USD 777 Mn. Read More>>
Huntington Ingalls Industries acquires Alion Science and Technology 
Alion provides advanced engineering and R&D services in ISR, military training and simulation, cyber and data analytics, and other next-generation technology-based solutions to the global defense marketplace. Huntington Ingalls Industries is America’s largest military shipbuilding company and provides professional services to partners in government and industry. Read More>>
Executive Movement
Boeing names new head of SE Asia business 
The Boeing Company appointed Alexander Feldman as the new president of the company’s Southeast Asia business. Feldman will oversee the company’s strategy and operations as Boeing expands its regional presence. Read More>>
Firefly hires former SpaceX, Blue Origin engineer as COO 
Firefly Aerospace hired Lauren Lyons as the new COO. Lyons spent several years at SpaceX on the Dragon, Falcon 9, and Starlink programs and most recently was a lead systems engineer in the advanced concepts group at Blue Origin. Read More>>
Former Embraer CEO Silva becomes advisor to electric-aircraft start-up Airflow 
Former Embraer chief executive Paulo Cesar de Souza e Silva became an advisor to Airflow. Silva will advise Airflow on bringing new aircraft to market, including financing, manufacturing, and go-to-market strategy. Read More>>
Sunny Guglani appointed head of Airbus Helicopters for India, South Asia  
Sunny Guglani assumed charge and will be based in New Delhi. Guglani will be responsible for growing Airbus’ civil, parapublic, and defense helicopter business in the region, including aftermarket services. Read More>>

Latest Industry Insights from Draup Braindesk

Aerospace manufacturers in North America are expanding their operations to meet the demands of the rising number of air passengers and increasing military expenditure in the country. 

  • Honeywell used additive manufacturing, also known as 3D printing, to design, develop, and qualify one of its valves for a military trainer jet with significantly less material while maintaining the same performance levels. 

  • Curtiss-Wright Corporation participated in Project SAFARI, a U.S. Department of Energy-funded project to develop Digital Twin technology for advanced nuclear reactors. 

  • Moog acquired Genesys AerosystemsGroup, Inc. (Genesys) for approximately USD 77.7 Mn to bring Genesys Aerosystems’ products and people into Moog’s aircraft controls segment. 

The Australian Aerospace industry is focusing on the Aircraft Manufacturing and Repair Services comprises MRO services for airlines and manufacturing commercial and military aircraft and parts. 

  • Thales Australia has signed a major research extension with the SmartSat Cooperative Research Centre (CRC) to develop Advanced Optical Communications technologies for transmission through Earth’s Turbulent Atmosphere. 

  • Boeing Australia has presented the first unmanned Loyal Wingman aircraft to the Royal Australian Air Force, which uses artificial intelligence to extend the capabilities of manned and unmanned platforms. 

  • Sikorsky Australia, a Lockheed Martin company, has been awarded an AUD 10 Mn contract to deliver additional sustainment support services for the Royal Australian Navy’s (RAN) fleet of 24 MH-60R Seahawk maritime helicopters. 

Key Funding Alert

Aerospace startup Elroy Air raises USD 40 Mn in Series-A financing 
Elroy Air will continue developing its autonomous cargo aircraft technology. It will build full-capability pre-production aircraft, advance its certification programs, secure key supply chain partnerships, and collaborate in flight-test operations. Read More>>

Startup Spotlight

Company – AirMap 
Total Funding – USD 78.66 Mn
HQ Location –Greater Los Angeles, US
About: AirMap is trying to put drones in the mainstream, building the foundations for low-altitude air navigation systems. It is collaborating with other players to provide airspace information so that others in the nascent industry can build vehicles and applications. Read more>>

Latest Reports Published in Draup

IMP Aerospace Account Intelligence Report: IMP Aerospace & Defence and various companies collaborated with aerospace and defense companies to provide support and solutions for their project. Their priorities are aligned towards transitioning futuristic offerings across its business domains.Read More>>
ITP Aero Account Intelligence Report: ITP Aero focuses on developing high-power turbine configurations to generate in-flight electrical energy in short and mid-range commercial flights. It is developing simulation software to produce components and expand its global footprint. Read More>>
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