Embraer, Widerøe, and Rolls-Royce partner to decarbonize regional air travel
Key Insights and Signals in Aerospace and Defense
Center setup and Expansion Babcock International opens Plymouth manufacturing facility Aerospace, defense, and security company Babcock International opened a new additive manufacturing center with Plymouth Science Park. The facility will allow Babcock to ramp up its advanced technology capabilities to address critical engineering and defense support industry needs. Read More>>Deal BAE Systems takes orders for 340 hybrid drive systems The Southeastern Pennsylvania Transportation Authority selected BAE Systems to supply up to 340 hybrid electric drive systems for its new low-emission transit buses. BAE Systems will provide 220 electric drive systems to New Flyer of America, with an option for 120 additional systems, over the next three years. Read More>> HENSOLDT delivers IFF mode-5 technology to South Korean forces LIG Nex1 two contracts worth approximately EUR 10 Mn (USD 11.23 Mn) to deliver 20 MSSR 2000 ID secondary radars, including test equipment and related services. The IFF systems will be integrated into several coastal surveillance and air surveillance radars to improve their ability to distinguish hostile from friendly forces. Read More>> Vietjet signed a digitalization deal with Lufthansa Technik Vietjet and Lufthansa Technik signed an agreement at Singapore Airshow to adopt AVIATAR’s Technical Logbook, the seamless digital pilot-to-maintenance collaboration application. AVIATAR is the independent platform for digital products and services developed by Lufthansa Technik. The platform offers digital solutions ranging from predictive maintenance to automated fulfillment solutions. Read More>>Partnerships Adani Group signs pact with Ballard to manufacture hydrogen fuel cells in India Adani signed a non-binding pact with Nasdaq-listed Ballard Power Systems to evaluate a joint venture for investment in the commercial production of hydrogen fuel cells for various mobility and industrial applications in India. Adani Enterprises newly formed arm Adani New Industries Limited, will be housing the group’s green hydrogen initiatives. Read More>> Brazil’s Embraer signs R&D partnership with Widerøe and Rolls-Royce on sustainable aircraft Brazil planemaker Embraer signed a research partnership with Norwegian company Widere and Rolls-Royce to create a conceptual zero-emission regional aircraft. The study will last 12 months and provide research and pre-competitive development of sustainable regional aircraft. Read More>> Joby Aviation partners with Japan’s All Nippon Airways Joby announced a partnership with ANA Holdings, the parent company of Japan’s largest airline, All Nippon Airways. Transportation leaders hope to use the six-month-long World Expo, which could attract millions of visitors, to kickstart Japanese demand for urban air mobility. Read More>> Agilyx and Virgin Group collaborate on waste-to-fuel production The company formed a strategic partnership with London-based Virgin Group to produce lower-carbon aviation fuel from recycled plastic. The partners will use Agilyx’s proprietary pyrolysis process to break down mixed plastic waste into synthetic crude oil. Read More>>Executive Movement Raytheon Technologies signs up Christopher Calio as COO Raytheon Technologies Corp. named Christopher Calio the CEO, and Shane Eddy will succeed Calio as president of its Pratt & Whitney business unit. Calio will oversee its four business units and its technology and engineering; enterprise services and digital; operations, quality, environmental, health and safety, and supply chain functions. Read More>> Tata Sons appoints Ayci CEO & MD of AI The company appointed the former chairman of Turkish Airlines, Ilker Ayci, as the CEO and MD of Air India. Tata Sons chairman N Chandrasekaran was a special invitee to this board meeting. Read More>>
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Latest Industry Insights from Draup Braindesk
The Lufthansa partnered with IBM to digitalize critical handling processes for products and services like dangerous goods, pharmaceuticals, and fresh produce with the help of iPartner Handling solution from IBM.
Hensoldt partnered with L3Harris Technologies to develop NATO’s Alliance Future Surveillance and Control (AFSC) program. It provides an intelligent approach to platform-independent, networked high-end sensors, AI-based data exploitation, and dissemination.
MBDA partnered with Naval Group to develop new remote assistance solutions, an end-to-end encrypted multimedia communication system for naval systems users.
Key Funding Alert
Aerospacelab raises EUR 40 Mn (USD 25.22Mn) in Series-B round
Aerospacelab is building the ability to operate and task different satellite assets. The funding will help Aerospacelab ramp up satellite production capacity, deploy multiple constellations to establish intra-daily monitoring of the Earth’s surface, and implement geospatial data fusion analytics capabilities. Read more>>
Company – Space Transportation Total Funding– USD 60.59 Mn About: Space Transportation designs and manufactures space transport systems intended to reduce space exploration costs. It develops reusable commercial space transport vehicles to reduce commercial launch costs associated with reentry and carrier recycling. Read more>>
Latest Reports Published in Draup
MBDA Account Intelligence Report
MBDA focuses on strengthening its missile and naval solutions specializing in air defense systems by enabling various services to equip missiles. It intends on providing a wide range of technologies, such as AI, cyber security, and advanced materials to the defense industry. Read More>>
Hensoldt Account Intelligence Report
Hensoldt focuses on portfolio development that provides signal intelligence, support, attack, self-protection, cyber intelligence, and secure IT to connect land, naval, and air forces in electronic warfare applications. Read More>>
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