Airbus and STM to work on more efficient and lighter power electronics in hybrid and full electric aircraft

Partnerships
ST and Airbus team up on aircraft electrification
Airbus and STMicroelectronics have collaborated on power semiconductors for aircraft electrification as part of a R&D partnership. By developing SiC and GaN devices, the collaboration aims to improve power and weight efficiency, enabling the aerospace industry’s transition to hybrid and all-electric systems. Read More>>
Nidec and Embraer to develop electric propulsion systems for the emerging aerospace industry
The partnership aims to advance air mobility, beginning with eVTOL vehicles and eventually expanding to non-eVTOL vehicles. Nidec will own 51% of the joint venture, while Embraer will hold 49%. Read More>>

Deal
Lilium signs agreement with Heli-Eastern
Lilium and Heli-Eastern have signed an agreement to operate Lilium’s Jet fleet in the region, as well as maintenance and crewing services. Heli-Eastern intends to purchase 100 Lilium Jets and work with partners to identify suitable locations for vertiports and ground infrastructure. Read More>>

Centre Setup and Expansion
Pratt & Whitney announces US$ 206 Mn investment for Georgia jet engine plant
The investment includes purchasing new equipment and expanding the Columbus Engine Center by 81,000 square feet. The expansion is anticipated to create 400 new jobs by 2028 and increase the overhaul capacity of the facility. Read More>>

Executive Movements
AeroVironment announces that retired Navy Admiral Phil Davidson joins the Board of Directors
Admiral Davidson retired from the United States Navy in 2021 and is currently the CEO of Davidson Strategies LLC. He served as the 25th Commander of the United States Indo-Pacific Command as part of a distinguished military career. Read More>>
William Ballhaus appointed interim President and CEO of Mercury Systems
William Ballhaus is appointed interim President and CEO of Mercury Systems as part of a leadership renewal strategy. Gerard DeMuro joins the board as an independent member. The company intends to expand its board and replace Michelle McCarthy with a permanent CFO. McCarthy will continue to serve as senior vice president and chief accounting officer. Read More>>

Product Launch
Elbit unveils electronic warfare counter-drone system
Elbit Systems’ product line includes various components, including an EW controller, radar warning receiver, missile warning system, and countermeasure dispenser system. It has improved processing capacities for drone detection. Read More>>
Honeywell (HON) unveils HEM upgrade for Boeing 737’s APU
Honeywell’s 131-9B auxiliary power unit (APU) for Boeing 737 aircraft has been upgraded. The High-Efficiency Mode (HEM) upgrade regulates airflow autonomously, decreasing fuel consumption and CO2 emissions by 1% to 2%. Read More>>
Embraer unveils first simulator for Millennium C-390 multi-mission aircraft
Built by Rheinmetall, Embraer has unveiled its first Full Flight Simulator for the C-390 Millennium aircraft. The simulator will accommodate pilot training requirements, thereby reducing costs and risks. The device’s initial users will be Brazil, Portugal, and Hungary, allowing for safe and thorough training. Read More>>

Supply Chain Management

• MRO providers rely on a global supply chain to obtain spare parts, components, and materials, and managing the supply chain efficiently, ensuring timely availability of parts, managing inventory, and maintaining relationships with suppliers can be difficult, particularly when dealing with older aircraft models or rare components.

Skilled Workforce Shortage

• The aerospace industry, including MRO, faces a shortage of skilled technicians, engineers, and other specialized professionals, which makes recruiting and retaining a skilled workforce a significant challenge. Furthermore, training programs are necessary to develop expertise to handle complex aircraft systems and new technologies.

Obsolescence Management

• Rapid technological advancement can lead to obsolescence problems in aircraft components and systems. MRO providers must navigate the difficulties of sourcing or developing suitable replacements for obsolete parts, ensuring component compatibility, and addressing potential issues resulting from component mismatches.

Integration of New Technologies

• Incorporating new technologies, such as predictive maintenance systems, augmented reality, robotics, and AI, into existing MRO operations can present integration challenges. MRO providers must ensure seamless integration of these technologies with their existing infrastructure, processes, and workforce.

Key Funding Alert

Boeing announces US$ 100 Mn investment in India for infrastructure and pilot training
Boeing will focus on India’s aviation industry, infrastructure, pilot training, and support facilities. The investment addresses India’s demand for skilled pilots and reflects Boeing’s commitment to the country’s aviation sector. Read more>>

Startup Spotlight

Company – Stoke Space
Total Funding – USD 76.2 Mn
About: Stoke Space is on a mission to scale the space economy sustainably using 100% reusable rockets. It is building the world’s most efficient, fully and rapidly reusable rocket designed to fly daily. It will radically increase access to space and open the space economy to safeguard Earth. Read more>>

Here’s what’s new on our Sales Intelligence Platform
Introducing Outsourced Workloads and Tech Stack Developer filters in Universe

• Effortlessly filter companies based on their outsourcing engagements using the new Outsourced Workloads filter in Universe.
• Filter Accounts in Universe based on the Tech stack they use that is developed by specific developer companies.