Center setup and Expansion Key University partner launches GBP 30 Mn state-of-the-art Aerospace Innovation Centre at Prestwick The Spirit AeroSystems Aerospace Innovation Centre (AIC) has been established as a center of excellence for researching and developing advanced materials, digital manufacturing technologies, and processes. Spirit will collaborate with industry and academic partners to innovate and train and develop skills. Read More>>Deals and Deal Renewals EMBRAER seals largest eVTOL flying car order for Brazil EMBRAER announced that Helisul (an air taxi company) placed an initial order for 50 vehicles and that Flapper (an executive aviation platform) signed a contract to operate up to 25 units. Read More>> Israel Aerospace signs cargo aircraft conversion deal with Avolon Israel Aerospace Industries (IAI) signed a deal to convert 30 Airbus A330-300 aircraft from passenger to freighter configuration for Avolon, the third-largest aircraft leasing business. Read More>> Rocket Lab wins USD 24 Mn U.S. Space Force contract to develop neutron upper stage The agreement signifies Rocket Lab’s commitment to becoming a launch provider for the National Security Space Launch (NSSL) program, which launches the United States’ most critical missions. Read More>> Indra to digitalize Eurocontrol Network Manager’s operational systems European air navigation body Eurocontrol has selected Indra for the digital transformation of the operational systems of its network manager. The new contract may value up to USD 203.2 Mn. The digitalization of operational systems is expected to improve flight operation planning, increasing punctuality and security. Read More>>Executive Movement Gantz refuses to appoint the Israel Aerospace Industries board’s choice as CEO Defense Minister Benny Gantz is refusing to approve the appointment of Boaz Levy as CEO of Israel Aerospace Industries. However, the board of the state-owned company elected him to the post a year ago. The defense minister hopes to appoint former cabinet minister Amir Peretz to head the IAI’s board and elect a former Israel Air Force officer as IAI’s CEO. Read More>> Boeing taps digital engineering chief for its next new plane Boeing has appointed Linda Hapgood, a digital engineering chief, to prepare for the design of its next all-new commercial jet and the integrated production system that will build it. Read More>> AAC Clyde Space recruits COO and HR Director and extends the Executive Management Team Stefania will take on the COO role to ensure operational efficiency as the Group continues to expand. To further support its acquisitions, Kulwinder Bhumbra will join the Group as HR Director in November. Read More>>Partnerships Airbus and partners to study 5G standards The study, funded by the European Space Agency (ESA), will propose a comprehensive vision of how a 5G and beyond-5G space-based infrastructure can provide consumers and industries that deliver performance, reliability, resilience, and security. Read More>> Honeywell and Wood partner on technologies for carbon-neutral, sustainable aviation fuel (SAF) Honeywell and Wood’s comprehensive package of technologies to support the effort to produce carbon-neutral aviation fuel. When used together, the technologies based on Honeywell’s UOP Ecofining process technology and Wood’s hydrogen plant technology could reduce lifecycle greenhouse gas emissions (GHG) by 100% using certain feedstocks compared to traditional petroleum aviation fuel. Read More>> Mexican Space Agency and Mexican start-up Dereum Labs to collaborate on lunar resources extraction technologies Airbus has signed MoU with the Mexican Space Agency and the Mexican start-up Dereum Labs to collaborate on the technologies needed for lunar resources extraction. Innovative technologies will contribute to the sustainable presence of humankind on the moon. Read More>>Mergers & Acquisition Raytheon Eyes accelerated space tech deliveries with SEAKR Engineering Raytheon Technologies plans to integrate SEAKR Engineering into its intelligence and space business once it acquires the Centennial. The company aims to advance its qualified space technology deliveries through the purchase of SEAKR. Read More>> Mercury Systems (MRCY) to acquire avionics maker Avalex The buyout will be strategic as Avalex’s product portfolio complements Mercury Systems’ existing product portfolio. Moreover, innovative offerings like integrated smart displays and communication management solutions to Mercury Systems’ existing portfolio will reinforce its global avionics business. Read More>>
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Latest Industry Insights from Draup Braindesk
OEMs are looking to promote professional training, improve system flexibility, resilience, and responsiveness in commercial aircraft.
Embraer launched the Social Tech program, which brings together immersive distance training platforms & will promote professional training in technology for 1,500 people from Distance Training minority groups by 2025.
Raytheon launched a new hardware emulation and software analysis tool called DejaVM that provides a virtualized environment to evaluate and reduce cyber threats against mission-critical systems in a modern networked space.
Eve Urban Air Mobility partnered with Ascent Flights Global Ltd, focussed on a robust Urban Air Mobility (UAM) ecosystem in the Asia Pacific region.
The multi-Function Radio Frequency System (MFRFS) is increasingly used for operational radar frequency ranges towards broadband applications.
Northrop Grumman Corporation and Martin UAV (a Shield AI company) have successfully tested a V-BAT unmanned aircraft system (UAS) with new features, including GPS-denied navigation Aircraft Flight and target designation capabilities.
Safran Data Systems is supplying ORION 1100 antennas to Kongsberg Satellite Services (KSAT). Once installed and in operation, NASA will use them to expand its network of satellite tracking ground stations.
Boeing has received one of three development contracts to build a satellite payload prototype and develop a new secure, resilient satellite communications architecture for the U.S. Space Force’s Evolved Strategic SATCOM (ESS) program.
Key Funding Alert
Isotropic Systems Secures Over USD 37 Mn in Additional Series-B Funding
Isotropic Systems’ round will fund the development of its game-changing multi-link antennas. It is developing the world’s first multi-service, high-bandwidth, low power, fully integrated high throughput terminals. Read more>>
Startup Spotlight
Company – Starfish Space Total Funding– USD 7.5 Mn About: Starfish Space builds small space tugs to provide an on-demand in-space transportation service. The company’s space tug can perform a variety of satellite servicing missions. These include life extension, relocation, disposal, inspection, and more. Read more>>
Latest Reports Published in Draup
Digital Transformation of Space Ecosystem: The industry trends focus on leveraging technologies such as 3D printing, artificial intelligence, and IoT to innovate and improve space products and services. Space data analysis, satellite-driven internet connectivity, and space exploration are driving digital initiatives. Read More>>
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