10 Feb 2022Aerospace
Eve and Falko to develop eVTOL route networks to further sustainable urban air mobility

Key Insights and Signals in Aerospace and Defense

Center setup and Expansion  
Rolls-Royce moves into Leicester space research center 
Rolls-Royce has opened new offices at Space Park Leicester to develop its expertise in nuclear power applications for space. A base there will enable Rolls-Royce employees to better collaborate with researchers from the University of Leicester. Read More>>
Deal
British Army selects Maxar’s route-planning solution 
Maxar demonstrated one of the winning military solutions during the British Army’s Hackathon 2021, delivered in collaboration with AI software provider Adarga, at the Army’s new Battlelab facility in Dorset, U.K. Maxar was tasked with creating a solution that delivers the safest and most appropriate routes for military convoys in real-time via a digital platform. Read More>>
SpaceX awarded USD 102 Mn AFRL rocket cargo contract 
SpaceX has won a potential five-year contract from the U.S. Air Force to demonstrate technologies under a program that seeks to determine the viability of using large rockets to support the Department of Defense’s global logistics missions. Read More>>
Partnerships 
Eclipse, ST Engineering iDirect, Smiths Interconnect announce ISR Satcom collaboration 
The three entities collaborated to provide government and military aircraft with the satellite communications capability to support airborne intelligence, surveillance, and reconnaissance missions. Read More>>
Palantir Technologies to collaborate with Hyundai Heavy Industries (HHI) 
Palantir and HHI will build a big data platform for HHI’s core businesses. HHI will provide the affiliate’s process expertise and sales knowledge, while Palantir will provide its software and development personnel to expand into the new market. Read More>>
Embraer and Falko to build a global network of eVTOL operators 
The companies will collaborate with existing Falko operators to develop route networks where eVTOLs can be deployed. In the same way, it is intended to introduce Eve’s portfolio of state-of-the-art air traffic management solutions and fleet services to create a secure network for the users of these aircraft. Read More>>
Australian 3D printing company Titomic partners with Boeing to test the process for producing space components 
Boeing will collaborate with Australian additive manufacturer Titomic Ltd. to investigate the use of “green” titanium to manufacture lightweight, spaceworthy components. Boeing to provide the designs and engineering expertise that will enable Titomic to demonstrate its patented Titomic Kinetic Fusion (TKF) technology. Read More>>
Palantir-Hyundai Heavy Industries (HII), partnership on big data 
Palantir and HII will create a big data platform for the affiliates of the South Korean group. The two companies will evaluate ​​creating a joint venture to promote the business of big data platforms in the medium to long term. Read More>>
Mergers and Acquisition
Rocket Lab acquires SolAero Holdings for USD 80 Mn to boost space solar cell production 
SolAero Holdings is a space solar power products and precision aerospace structures supplier. Its acquisition will help Rocket Lab’s long-term vision by capturing a chunk of the space market. Read More>>
Executive Movement
Leidos names Terry Phillips as Chief Security Officer 
Leidos appointed Terry Phillips as the company’s Senior Vice President and Chief Security Officer (CSO). Phillips will lead, manage, and direct the Leidos Global Security Organization activities. Read More>>
QinetiQ US appoints new president and CEO 
QinetiQ US has appointed Shawn Purvis as president and CEO. In her new role, Purvis will be responsible for the complete operations of the business while transforming QinetiQ US. Read More>>
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Latest Industry Insights from Draup Braindesk

Aerospace Ecosystem:
  • Major deal winners are solutions providers focusing on AI/ML, AR/VR, Digital twin, Robotics, Cloud, GPS, Automation, and IoT technologies. 
  • Several specialized solution providers and start-ups have been offering niche solutions such as aircraft maintenance services using digital technologies and automation solutions for aircraft, including navigation solutions and cybersecurity solutions. It brings next-gen flight management systems to the aerospace industry. 
  • Top technology providers such as Capgemini, TCS, Cyient, and HCL offer sophisticated solutions in digital engineering capabilities, MRO Solutions, and digital aviation service to the aerospace industry. 
  • The aerospace industry is keen to enhance its four key segments, including autonomy, connectivity, smart mobility, and manufacturing, by leveraging advanced robotics platforms and digital technologies to develop next-gen autonomous and electric aircraft. It enhances the efficiency of combustion engines and explores electric and hybrid propulsion systems.
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Key Funding Alert

SpaceX secures a USD 337 Mn in an equity financing round 
SpaceX reached a valuation of USD 100 Bn after a secondary share sale in October, and its investors include Alphabet and Fidelity Investments. SpaceX transports NASA astronauts and cargo payloads to the International Space Station. Read more>>

Startup Spotlight

Company – Elite Aerospace
Total Funding  USD 7.28 Mn
About: Elite Aerospace Group manufactures premier aircraft components with design and engineering. The company’s components are cost-competitive, quality competitive, and customer-centric, enabling clients to avail efficient in-flight integration technologies at a quality price. Read more>>

Latest Reports Published in Draup

Virgin.com Limited Account Intelligence Report 
Virgin.com  Limited focuses on branding through networking and partnering with like-minded brands and organizations. They diversified their investment portfolios into unbranded venture capital, real estate, and a range of ESG investments. Read More>>
The Boeing Company (Global and India) Account Intelligence Report 
Boeing focuses on offering significant technology insertions in the form of advanced cockpit, new computing and advanced datalink, comfortable fuel tanks, increase in airframe life, and ability to carry a wide variety of weapons. Read More>>
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