Rolls-Royce’s new Testing CoE signals door for new tech deals
Key Insights and Signals in Aerospace & Defence
Centre Setup and Expansion Rocket Lab will launch CAPSTONE in New Zealand Rocket Lab will launch the Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE) mission on an Electron rocket from its Launch Complex 1 in New Zealand in the fourth quarter. Read More>> Rolls-Royce announces major testing facility expansion with Purdue University This facility will enable Rolls-Royce North America to continue providing full-service advanced design, development, production, and aftermarket support of world-leading propulsion solutions. Read More>> Airbus Space opens their new UK HQ The state-of-the-art HQ, Orbit House, will be home to 500 space engineers and experts that underlines Airbus’ continued investment in British space capability. Read More>>Deals and Deal Renewal Planet enters into a multi-year, multi-launch agreement with SpaceX The first launch is Flock 4x, 44 SuperDoves on the Falcon 9 Transporter-3 SSO rideshare mission scheduled for launch in December 2021. This agreement enables Planet to launch SuperDoves and Carbon Mapper efficiently. Read More>> Lockheed Martin awarded USD 22 Mn contract mod for a joint air-to-surface standoff missile program The modification provides the change in the work and contract type necessary to develop the new air to ground (AGM-158) JASSM B-2 missile variant. The work will occur in Orlando, Florida. Read More>>Partnerships Boeing, AE Industrial Partners (AEI) launch platform to shape the future of aerospace venture capital investing The partnership brings together Boeing’s aerospace and technology innovation and its HorizonX Ventures platform with AEI’s operational and private equity investing experience to establish an independent and expanded venture capital group, AEI HorizonX. Read More>> Collins Aerospace to support IATA Travel Pass Collins will integrate IATA’s Travel Pass platform into airlines’ passenger management systems using the company’s TransAction™ solution, allowing the safe and secure exchange of passenger data between airlines and the IATA Travel Pass mobile app. Read More>> Malaysia Airlines partners with GE Digital to modernize the airline’s fuel analytics platform GE Digital’s software, GE Digital’s Fuel Insight and FlightPulse, will help the airlines to monitor and reduce fuel usage and emissions, helping them reach the sustainability goals. Read More>>Mergers and Acquisitions SpaceX to acquire Swarm Technologies SpaceX will acquire the smallsat constellation operator providing low-cost IoT services. Their product, Tile, is a small modem embedded in various connectivity devices and linked to the satellite network. Read More>> Rolls-Royce plans to sell ITP Aero to Bain and Sener Engine-maker Rolls-Royce wants to sell GBP 2 Bn (USD 2.8 Bn) worth of assets to repair its balance sheet after the pandemic forced it to take on substantial new debts. ITP will remain a supplier of its turbine blades to Rolls-Royce. Read More>>Executive Movement Lockheed Martin begins to search for new CFO after Possenriedes exit CFO Kenneth Possenriede resigned from the post. The company has appointed VP and Treasurer John Mollard as the acting CFO. Mollard has held several positions within finance and business operations during his almost four-decade stint. Read More>> Raytheon Vet Richard Campos named Altamira Business Development SVP He will be responsible for Altamira’s efforts to communicate its growth strategy and create value for shareholders, the engineering and analytics technology contractor. Read More>>
Latest Industry Insights from Draup Braindesk
Autonomy – Key Initiatives: There is a continued focus on autonomous landing, navigation, unmanned aircraft system, and facial recognition-related engagements.
L3Harris Technologies expanded its XL platform of Project 25 (P25) radios with the new XL Extreme 400P, the first and only handheld radio system.
Honeywell Aerospace has begun flight testing an automated system to help urban air mobility (UAM) vehicles land autonomously. Honeywell adds sensors that support safer, autonomous urban air mobility operations.
BAE Systems has acquired Pulse Power and Measurement Limited (PPM), a developer and manufacturer of high-end electronics, to expand the use of RF systems and power electronics technologies across a range of applications.
Hillwood and Bell Textron Inc., a Textron company, developed a Bell Autonomous Pod Transport (APT), a point-to-point unmanned aircraft system (UAS) package delivery to complete complex missions.
Connectivity – Key Initiatives: The connectivity segment focuses on the in-flight connectivity, aircraft cybersecurity, connected aircraft, laser communication terminal, and flight connectivity platform to improve passenger, pilot, and operator experience during travel.
Cobham Aerospace Connectivity and QinetiQ partnered to test, integrate and assure the technology for a new 4G LTE Aircraft Communications System (ACS), transforming Emergency Services Air to Ground (A2G) communications.
Sky Grid, a joint venture between Boeing and SparkCognition, launched an AI-powered cybersecurity system on drones.
Airbus and The Netherlands Organization for Applied Scientific Research develop an Ultra Air airborne laser communication terminal to establish connections between an aircraft and satellite in geostationary orbit.
Key Funding Alert
Flexspace software firm raises GBP 1.87 Mn (USD 2.59 Mn) The company will use the funds to grow opportunities within the flexible office industry, including helping flex space operators meet the increased demand for flexibility and grow its market share by 10% across North America, the UK, parts of Europe, and the Asia Pacific. Read More>>
Company – Unseenlabs Total Funding – USD 31.07 Mn HQ Location – Rennes area, France About: Unseenlabs develops, produces, and operates Earth observation instruments that detect electromagnetic emissions. Its spectrum surveillance payload helps in maritime surveillance service that locates and characterizes ships at sea from space. Read more>>
Latest Reports Published in Draup
Pratt & Whitney Account Intelligence Report: Pratt & Whitney intends to develop a world-class provider of dependable engines, propulsion systems, parts, and services that meet customer expectations. It equips the service centers with auxiliary power unit facilities and automated services. Read More>>
North America Manufacturing Market: The COVID-19 pandemic has had a damaging effect on several manufacturing industry segments, disrupting the whole value chain. Its key focus areas are AI, utilizing IoT, and autonomous flight systems. Read More>>
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