Montreal, Quebec--(Newsfile Corp. - February 18, 2026) - Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (FSE: ABB) ("Volatus" or the "Company"), a Canadian-controlled aerospace and defence platform delivering dual-use uncrewed systems, aerial intelligence, and mission-critical operational services, is pleased to announce that it has been recognized as one of the 2025 top 50 performers on the TSX Venture Exchange ("TSXV"), based on an outstanding 279% share price appreciation and 441% market capitalizati ...

Vertical Aerospace Brings Valo to Miami, Showcasing the Future of Electric Inter-City TravelFeb 18, 2026 6:20 AM Eastern Standard Time# Vertical Aerospace Brings Valo to Miami, Showcasing the Future of Electric Inter- City TravelShare---- Display coincides with iConnections, offering attendees a first look at next-generation air mobility- Vertical outlines routes to connect Miami, Fort Lauderdale and Palm Beach in minutes- Visitors can experience the premium four-seat aircraft designed for journeys up to 10 ...

MONTRÉAL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed US$500 million principal amount of its outstanding 6.000% Senior Notes due 2028 (the “Redemption Notes”) as set forth in the notice of partial redemption issued December 17, 2025. This debt redemption was funded using cash from Bombardier’s balance sheet. Payment of the redemption price and surrender of the Redemption Notes for redemption are being made through the facilities of the Depository Tru ...

Virgin Galactic Announces Date of Fourth Quarter and Full Year 2025 Financial Results and Conference CallFeb 17, 2026 4:06 PM Eastern Standard Time# Virgin Galactic Announces Date of Fourth Quarter and Full Year 2025 Financial Results and Conference CallShare---ORANGE COUNTY, Calif.--([BUSINESS WIRE])-- Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic†or the "Company†) today announced that it will report its financial results for the fourth quarter and full year 2025 following the close of th ...

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Core Insights - The article highlights Volatus Aerospace Inc.'s positive reception of Canada's Defence Industrial Strategy (DIS), which aims to enhance sovereign industrial capabilities and long-term defense investment [1][2]. Group 1: Defence Industrial Strategy Overview - The DIS allocates $6.6 billion as part of a larger $81.8 billion reinvestment in the Canadian Armed Forces and establishes a Defence Investment Agency (DIA) to implement a new procurement framework [2]. - The strategy identifies key sovereign capability domains such as Uncrewed and Autonomous Systems, Aerospace Platforms, Digital Systems, Sensors, Space, and Training and Simulation, which align with Volatus' operational model [2][3]. Group 2: Strategic Objectives - A primary goal of the DIS is to provide long-term demand visibility to Canadian industry and increase the share of defense acquisitions awarded to Canadian firms to 70 percent, while also accelerating the commercialization of Canadian-developed technologies [3]. - The implementation of the DIS is expected to differentiate companies with established regulatory approvals, infrastructure, and financial capacity to scale responsibly [4]. Group 3: Alignment with BUILD–PARTNER–BUY Framework - The DIS emphasizes building sovereign capabilities in Canada, partnering with trusted allies, and procuring under defined sovereign control conditions, which aligns with Volatus' operating model [6]. - Volatus has secured a facility in Québec for defense-related manufacturing and plans to invest over $10 million to expand production capacity and enhance systems integration capabilities [7]. Group 4: Partnerships and Technology Integration - Volatus maintains active partnerships across Canada, the UK, and Europe to support collaborative development and export pathways in line with Canada's defense relationships [8]. - The company integrates allied technologies within a Canadian-controlled framework, reinforcing sovereign execution while leveraging global innovation [9]. Group 5: Operational Capabilities and Compliance - Volatus has built regulated aerospace operations infrastructure and developed remote command and control capabilities for mission-critical environments [11]. - The company operates under established aviation regulatory frameworks and has developed secure operational environments to support defense-adjacent activities [12]. Group 6: Future Outlook - The CEO of Volatus emphasizes that the DIS establishes a framework for strengthening sovereign capability and accelerating industrial execution, with a focus on operational readiness and disciplined scaling [14]. - Volatus plans to host an investor briefing to discuss the implications of the DIS for the uncrewed and autonomous systems sector [15].

Core Insights - The article highlights Volatus Aerospace Inc.'s positive reception of Canada's Defence Industrial Strategy (DIS), which aims to enhance sovereign industrial capabilities and long-term defense investment [1][2]. Investment and Procurement Framework - The DIS allocates $6.6 billion as part of a larger $81.8 billion reinvestment in the Canadian Armed Forces and introduces a Defence Investment Agency (DIA) to implement a new procurement framework [2]. - The strategy aims to increase the share of defense acquisitions awarded to Canadian firms to 70% and accelerate the commercialization of Canadian-developed technologies [3]. Company Positioning and Strategy - Volatus is positioned to benefit from the DIS due to its established regulatory approvals, infrastructure, and operational capabilities, which align with the new procurement framework [4][6]. - The company has developed a Québec-based facility for defense-related manufacturing and plans to invest over $10 million to expand production capacity [7]. Partnerships and Collaborations - Volatus maintains partnerships across Canada, the UK, and Europe to support collaborative development and export pathways in line with Canada's defense relationships [8]. Operational Capabilities - The company has built regulated aerospace operations infrastructure and developed remote command and control capabilities for mission-critical environments [11]. - Volatus' remote operations capabilities and uncrewed platforms are positioned to support surveillance and monitoring in remote areas, aligning with the DIS's focus on northern defense priorities [12][13]. Leadership Perspective - The CEO of Volatus emphasizes that the DIS provides a framework for strengthening sovereign capabilities and operational readiness, indicating that companies with accredited facilities and execution track records will lead future industrial growth [14]. Investor Engagement - Volatus plans to host an investor briefing to discuss the implications of the DIS for the uncrewed and autonomous systems sector [15].

ITT Conference Call Summary Company Overview - **Company**: ITT Inc. (NYSE: ITT) - **Industry**: Engineering and manufacturing of components for harsh environments across various sectors including transportation, aerospace and defense, energy, chemicals, and mining - **Market Size**: Approximately $4 billion - **Growth**: Achieved 7% organic growth over the last three years [10][11] Core Business Segments 1. **Industrial Process**: Focuses on flow technologies, including pumps and valves 2. **Motion Technologies**: Produces brake pads and shock absorbers for various vehicles, including defense and high-speed trains 3. **Connect and Control Technologies**: Manufactures connectors and control components primarily for aerospace and defense [10][11] Financial Performance and Targets - **Long-term Growth Targets**: - 10% total growth - 5% organic growth until 2030 - Adjusted EPS target of over $11, potentially $12 with M&A adjustments - Adjusted operating margin target of 23-25% and cash flow margin of 14-15% [11][12] Market Demand Insights - **U.S. Industrial Demand**: Positive indicators observed in Q4 and January, particularly in aerospace and defense, automotive, and short-cycle projects [13][14] - **Backlog**: Healthy backlog with increased profitability; long-term visibility in air and defense sectors [15][16] - **Green Projects**: Significant growth in green projects, with a 90% increase in 2025 orders compared to 2024 [17] Segment-Specific Insights - **Aerospace and Defense**: Expected to see significant growth due to Boeing's production ramp-up and defense modernization investments [18][20] - **Automotive**: Anticipated to remain flat to slightly down, but ITT expects to outperform the market by 400-500 basis points [22][24] - **Industrial Process**: Expected low- to mid-single-digit growth; strong performance in short-cycle orders and spare parts [24][25] Acquisition Strategy - **SPX FLOW Acquisition**: Expected to close in March; aims to reduce automotive exposure to 20% and integrate successfully for growth [11][12][88] - **Integration Approach**: Focus on value creation rather than traditional integration; immediate synergies targeted [85][86] Profitability and Productivity - **Decentralized Structure**: Emphasizes accountability at local levels to drive productivity and growth; utilizes 48 KPIs for performance measurement [73][75] - **Pricing Power**: Strong pricing power in CCT segment; however, limited pricing power in automotive [57][100] Future Outlook - **Debt Management**: Post-acquisition focus on debt reduction, aiming for a debt ratio around 2.7 [110][114] - **Valuation Expectations**: Anticipated P/E ratio around 20 times [116] Key Risks and Considerations - **Market Volatility**: Potential impacts from economic fluctuations and sector-specific challenges, particularly in automotive and chemicals [22][66] - **Integration Challenges**: Ensuring smooth integration of SPX FLOW while maintaining customer satisfaction and operational efficiency [86][90] This summary encapsulates the key points discussed during the ITT conference call, highlighting the company's strategic direction, market performance, and future growth prospects.

SpaceX is reportedly eyeing a dual-class share structure for its highly anticipated IPO later this year. The move would let billionaire founder Elon Musk maintain iron-grip control over the rocket maker even as he taps public markets for cash. The two-tier setup mirrors a strategy Musk has publicly championed for Tesla Inc (NASDAQ:TSLA), giving select insiders supervoting shares that dominate corporate decision-making. Critics say the structure shields executives from accountability, but Musk has long a ...

分组1: Shopify Earnings Report - Shopify reported a 31% year-over-year revenue growth, maintaining the same growth rate as the previous year, with merchandise volume through the platform growing by 29% for the full year [1][2] - The company authorized a new $2 billion buyback and provided first-quarter guidance that exceeded analyst expectations [1] - Despite strong overall metrics, Shopify missed earnings per share (EPS) estimates by a few cents, and free cash flow margin contracted slightly [1][2] 分组2: Market Reaction and Analyst Insights - The stock initially rose 13% in pre-market trading but fell 6% by the end of the day, indicating a negative market reaction following the conference call [1] - Analysts raised concerns about "agentic commerce," a trend that could significantly impact e-commerce and Shopify's future, as AI technology evolves to handle transactions on behalf of consumers [2][3] - There is uncertainty regarding how agentic commerce will affect Shopify, with some analysts viewing the market's reaction as more of a jitter than a fundamental shift in the investment thesis [3][4] 分组3: Moderna FDA Challenges - Moderna faced a setback as the FDA refused to consider its recent flu vaccination for approval, which is critical for funding its pipeline of cancer and rare disease treatments [7][8] - The FDA's decision was based on issues with the methods used in Moderna's late-stage clinical trials, but the vaccine has shown greater efficacy compared to traditional flu vaccines [8][12] - Moderna has a robust pipeline with over 50 candidates, and while the flu vaccine setback is significant, it is not seen as a death blow for the company's overall strategy [8][10] 分组4: Regulatory Environment and Future Outlook - The current administration's cautious attitude towards vaccines, particularly mRNA vaccines, raises questions about future approvals and the regulatory landscape for Moderna [12] - Analysts suggest that Moderna may need to retool its late-stage trials, which could delay progress but is not expected to derail the company's broader goals [12] - The lack of regulatory clarity is a concern for companies like Moderna, as it complicates planning and investment in research and development [12]