Press Releases

SpaceX's Starlink recently officially announced their high-speed internet constellation is now connecting more than 3 million people with high-speed internet across nearly 100 countries, territories, and many other markets. Low Earth orbit satellite constellations offer real-time network services to people in extreme environments and areas with underdeveloped infrastructure. As LEO satellite deployments surge globally, commercial aerospace enterprises are becoming key players.

Deep Analytics LLC announces it has been selected by AFWERX for an SBIR in the amount of $74,891 focused on improved object detection under high contrast lighting, especially objects illuminated by bright artificial lights in the dark, to address one of the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) proces

AAR CORP. a leading provider of aviation services to commercial and government operators, MROs, and OEMs, will participate in Stifel's 2024 Cross Sector Insight Conference. AAR's Chief Financial Officer Sean Gillen will present on Wednesday, June 5, 2024, at 1:50 p.m. Eastern Time. A live audio webcast will be available at https://wsw.com/webcast/stifel89/air/1916320. Following the conference, the webcast recording will be available for on-demand listening at https://www.aar

MITS (Military Innovation Technology Solutions) and AUK kicked off the first acceleration program for Ukrainian defense startups. After a rigorous three-month selection process in which the team evaluated over sixty applications, six promising startups were selected to participate in an acceleration program that will help them develop their business mindset, find partners and buyers, and scale. Through a multi-step process, applicants were put through a series of evaluatio

Preligens, the global leader in Geospatial Artificial Intelligence for Aerospace, Defense and Government, was awarded a new contract to provide AI analytics software on high volumes of government satellite imagery. This award by a new leading Asia Pacific customer is another proof point of Preligens' cutting-edge AI analytics performance and further advances the expansion and internationalization of the company's customer base. "Since its incorporation 8 years ago, Prel

As we approach Memorial Day, GEICO is proudly recognizing five members of the United States military with its 2023 GEICO Military Service Awards. These awards serve as a tribute to the immeasurable sacrifices, unwavering dedication, and invaluable contributions of enlisted service members. GEICO’s Military Service Awards, which have recognized members of the U.S. military since 1988, not only acknowledge the distinguished leadership commitment these individuals exemplify while

Sidus Space, Inc. a multi-faceted Space and Data-as-a-Service satellite company, today announced its Department of Defense (DoD) Mentor-Protégé Program (MPP) relationship with L3Harris Technologies  is extended for an additional year. The DoD Mentor-Protégé Program was designed to foster partnerships between established defense contractors and smaller, emerging businesses, to help them expand their footprint in the defense industry. "W

BAE Systems has signed a contract with the Swedish Defense Materiel Administration  for new CV9035 MkIIIC vehicles, as well as associated integrated logistic support. This new contract will provide new-build CV90s to help replenish the Swedish Army’s fleet. These new CV9035 MkIIICs will replace CV9040 vehicles donated to Ukraine by the Swedish government. In addition, the Swedish government is procuring more new-build CV90 vehicles to expand Ukraine capabilities. The cont

NASA announced Tuesday it selected a new instrument to study the Sun and how it creates massive solar eruptions. The agency's Joint EUV coronal Diagnostic Investigation, or JEDI, will capture images of the Sun in extreme ultraviolet light, a type of light invisible to our eyes but reveals many of the underlying mechanisms of the Sun's activity. Once integrated aboard the ESA's Vigil space weather mission, JEDI's two telescopes will focus on the middle layer of the so

Collins Aerospace, an RTX business will unveil its cabin solution for onboard wheelchair accommodation next week at the annual Aircraft Interiors Expo in Hamburg, Germany. The Collins product is compatible with most WC19 and ISO 7176-19 transport-certified powered wheelchair devices, allowing passengers with reduced mobility (PRM) an inflight experience more equivalent to that of able-bodied passengers. Implementation involves installation of a restraint system at the front of a nar

ctive-duty military members face an array of challenges when trying to pursue a college degree. First, there’s the difficulty of balancing studies with the responsibilities of their military duties. Further, there is often a gap between what military benefits cover and the total cost of college attendance. For active-duty students, the average need to cover this gap is $3,000 each year. But the University of Colorado Colorado Springs  has developed a solution with the HER

Congress has just passed a landmark bill that lays the policy groundwork for the American high speed flight aviation industry. The bipartisan and bicameral bill reauthorizes the FAA for 5 years and directs the agency to take steps leading to the eventual certification and integration of supersonic and high speed flight aircraft into our aviation system. The FAA Reauthorization Act of 2024 ensures that American companies like Venus can innovate, test, and build aircraft here at home.

Curtiss-Wright Corporation announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Wolfe Research 17th Annual Global Transportation & Industrials Conference. A fireside chat discussion and simultaneous webcast will take place on Wednesday, May 22, 2024, at 12:45pm ET. There will be no formal presentation at this event. A link to the webcast and a copy of the latest slide pre

Air Industries Group, a leading manufacturer of precision assemblies and components for large aerospace and defense prime contractors, today announced it has received orders, from two customers, aggregating $8.2 million, for components used on UH-60 Black Hawk and H-92 Super Hawk helicopters. Mr. Lou Melluzzo, CEO of Air Industries, commented: “These contract awards provide tangible evidence of growing demand for critical military aircraft parts and our prominent role in suppo

Axient Systems B.V., a wholly owned subsidiary of Axient LLC, celebrated a significant milestone today with the vice-mayor of Delft, marking the establishment of their first subsidiary outside the U.S. and the opening of their office in Delft. Located at Poortweg 4A, in Delft, this new office will be a hub for cutting-edge solutions and services in three key business areas: Space Systems Engineering, Critical Asset Security, and Modeling, Simulation and Analysis. These strategic are