Press Releases

Pratt & Whitney, an RTX business and the Federal Aviation Administration (FAA) will work together with Missouri University of Science and Technology (Missouri S&T), Aerodyne Research, Inc., and the Environmental Protection Agency (EPA) to study non- CO2 aviation emissions, to help understand and reduce the environmental impact of those emissions. As part of the FAA's ASCENT program, the project will measure emissions from a Pratt & Whitney GTF™ engine combustor rig test

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BlackSea Technologies, a leader in defense technology solutions, announced it has acquired Blue Tide Marine. BlackSea Technologies is a portfolio company of Razors Edge Ventures, a Reston, VA growth equity firm with extensive experience in the national security sector. The acquisition is a key development in strengthening support for maritime operations, particularly focusing on the critical needs of warfighters. End-to-End UxS operations and material readiness will improve deployability, con

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Terra Drone Corporation (Terra Drone), a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, has announced an investment in Aloft Technologies (Aloft), a company focusing on developing UTM, and a market leader in drone fleet and airspace management in the United States. This investment makes Terra Drone the largest shareholder in Aloft, with Aloft becoming an affiliate company of Terra Drone. Additionally, Yuki Ueno, Terra Drone's executive

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Frontier Aerospace, a leader in next-generation liquid rocket engines used for commercial space, exploration, and missile defense, announced it had received a contract to advance its 500-lbf engine through Critical Design Review (CDR) in mid-2024. The 500-lbf engine design has been iterated through internal research and development campaigns to optimize performance with hypergolic propellants. Contract funding will support design and analysis, leading to CDR and achieving engine qua

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Karman Space & Defense proudly announces its pivotal role as a key subsystems supplier for Lockheed Martin Skunk Works' groundbreaking supersonic aircraft, developed in partnership with NASA's Quesst Mission. NASA's debut of the X-59 supersonic aircraft marks a significant step forward in aerospace innovation. This groundbreaking aircraft is being utilized for gathering data to achieve quiet supersonic flight characteristics. NASA and Lockheed Martin collaborated to

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Antaris™, the leading software platform for space missions, today announced that it is partnering with SpeQtral™ to create, deliver, and deploy quantum-safe key distribution satellites for government and commercial operators. The partnership will involve integrating SpeQtral's quantum payloads with Antaris SatOS™ space vehicle software and partner bus platforms. The novel, cloud-based satellite design, powered by Antaris' SatOS™ and delivered as a tur

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J.F. Lehman & Company a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired Mission Microwave Technologies, LLC ("Mission" or the "Company"). Founded in 2014 and headquartered in Cypress, CA, Mission is a leading provider of Solid-State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) to the satellite comm

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NASA will host a media availability with four astronauts at 9:30 a.m. EDT Tuesday, March 19, at the agency's headquarters in Washington. The crew, including record-breaking NASA astronaut Frank Rubio, will discuss their recent mission aboard the International Space Station where they conducted a broad range of science experiments to benefit life on Earth and human space exploration. Rubio, as well as fellow NASA astronauts Stephen Bowen and Woody Hoburg, and UAE (United Arab Emi

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The U.S. Navy has awarded BAE Systems a contract worth approximately $86 million to continue supporting its Mobile Deployable Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance (MDC5ISR) programs. The five-year contract from the U.S. Naval Air Systems Command's Naval Air Warfare Center Aircraft Division Webster Outlying Field Special Communications Mission Solutions Division will involve the company providing engineering a

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VPT, Inc., a HEICO company announces the release of the first-ever configurable box solution featuring state-of-the-art GaN technology: the SGRBX. Housing up to four award-winning SGRB DC-DC converter slices within its framework, the SGRBX delivers up to 1600 watts of output power. Utilizing the SGRB's advanced fixed frequency, reduced voltage switching topology, the SGRBX has extremely low input and output noise. In addition, the SGRBX features an integrated EMI filter, guaranteed TID pe

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NASA selected the first winners of the agency's Space Tech Catalyst prize to expand engagement with underrepresented and diverse individuals in the space technology sector as part of the agency's broader commitment to inclusivity and collaboration. The winners are receiving $25,000 each to create more inclusive space technology ecosystems. "As NASA continues to explore the unknown, making the impossible possible, we are committed to engaging talents from all backgrounds

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XTI Aerospace, Inc. today announced the closing of the merger between Inpixon® and XTI Aircraft Company ("XTI") after market close on March 12, 2024. The newly combined Company, renamed XTI Aerospace, Inc., will begin trading on the Nasdaq Capital Market under the ticker symbol "XTIA" as of market open on March 13, 2024. XTI Aerospace will focus on the development and commercialization of the TriFan 600, a fixed-wing, vertical lift crossover airplane (VLCA), as well as

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NASA's SpaceX Crew-7 completed the agency's seventh commercial crew rotation mission to the International Space Station on Tuesday after splashing down safely in a Dragon spacecraft off the coast of Pensacola, Florida. The international crew of four spent 199 days in orbit. NASA astronaut Jasmin Moghbeli, ESA (European Space Agency) astronaut Andreas Mogensen, JAXA (Japan Aerospace Exploration Agency) astronaut Satoshi Furukawa, and Roscosmos cosmonaut Konstantin Borisov, re

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OSI Systems, Inc. today announced that its Optoelectronics and Manufacturing division has received an order valued at approximately $3 million to supply advanced optical sensors to a leading defense electronics original equipment manufacturer (OEM). These high-precision components are designed for integration into sophisticated missile systems. OSI Systems’ Chairman and Chief Executive Officer, Deepak Chopra, stated, “This collaboration underscores our commitment to exce

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Byrna Technologies Inc., a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that the Córdoba Provincial Police force in Argentina has committed to purchasing 10,000 Byrna launchers, augmenting the 5,000 launchers previously purchased by the police force last year through Bersa S.A., Byrna's distributor in the region. To date, over 10,000 officers in the force have been t

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