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TAT Technologies Secures Three-Year Contract with an International Airline for Boeing 777 Platform, with Revenues of $12 Million
Prnewswire· 2025-08-18 20:30
Core Insights - TAT Technologies Ltd. has secured a new MRO contract for the GTCP331-500 APU used on the Boeing 777, valued at approximately $12 million over three years, averaging $4 million annually [1][2] - The CEO of TAT highlighted the contract's role in strengthening the company's position in the APU market and emphasized the synergies between their leasing and MRO businesses, which enhance their market penetration [2] Company Overview - TAT Technologies Ltd. is a prominent provider of products and services for the commercial and military aviation sectors, including MRO services for aviation components and OEM heat transfer solutions [3] - The company operates an FAA-certified repair station through its Limco subsidiary, offering heat transfer MRO services to various clients, including airlines and military [3]
Advent Technologies and Stralis announce Pioneering Relationship to Advance Hydrogen Electric Flight
Globenewswire· 2025-08-18 12:30
LIVERMORE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) an innovation-driven leader in the fuel cell and hydrogen technology sector, is supplying its proprietary membrane electrode assembly technology to Stralis Aircraft, based in Australia, for their hydrogen electric Beechcraft Bonanza aircraft. Emory De Castro, the Chief Technology Officer of the Company stated, “we continue to work closely with the team at Stralis on their next generation high temperature (H ...
Is Archer Aviation the Smartest Investment You Can Make Today?
The Motley Fool· 2025-08-17 12:40
Core Viewpoint - Archer Aviation is positioned for significant growth in the eVTOL market, despite currently not generating revenue and incurring substantial losses [1][7]. Company Overview - Archer Aviation develops the Midnight eVTOL aircraft, capable of carrying one pilot and four passengers, with a range of 100 miles and a maximum speed of 150 miles per hour [4]. - The company has partnerships with major airlines and plans to launch its own air taxi service, including being the official air taxi provider for the 2028 Summer Olympics in Los Angeles [5]. Financial Performance and Projections - Archer has not generated revenue yet, reporting a net loss of $652 million last year, but anticipates delivering its first 10 eVTOLs and generating $42 million in revenue by 2024 [7]. - Production is expected to ramp up significantly, with projections of 10 aircraft in 2025, 48 in 2026, 252 in 2027, and 650 in 2028, supported by a backlog of approximately $6 billion [8]. Market Potential - Analysts predict revenue of $1.4 million in 2025, increasing to $103.4 million in 2026 and $450.8 million in 2027, contingent on FAA approval for commercial flights [10]. - The eVTOL industry is projected to grow at a compound annual growth rate (CAGR) of 35.3% from 2024 to 2030, and Archer could achieve annual revenue of $3.7 billion by 2035 if it meets growth expectations [11]. Investment Outlook - If Archer achieves its growth targets and trades at a reasonable valuation, its market cap could increase to $37 billion by 2035 [12]. - Insider buying activity suggests confidence in the company's future, although it remains a speculative investment [13].
X @Bloomberg
Bloomberg· 2025-08-16 09:12
The Airbus A320 series is poised to overtake the Boeing 737 as the most-delivered commercial airliner in history, according to aviation consultancy Cirium https://t.co/OY6ZkyyPpY ...
X @Bloomberg
Bloomberg· 2025-08-14 23:34
Alan Joyce says his stormy Qantas exit hasn’t grounded him for good. The former CEO defended his record and hinted at a possible return to aviation. Read today’s Australia Briefing by @KF_Wright to read more. https://t.co/g0FLECcB8m ...
XTI Aerospace Reports Second Quarter 2025 Results and Provides Business Update
Prnewswire· 2025-08-14 20:45
Core Insights - XTI Aerospace is making significant progress in the development of the TriFan 600, aiming to position it as a transformative aircraft for commercial and defense applications [2][3] - The company has strengthened its balance sheet by raising $18.4 million through a public offering, enhancing liquidity for engineering and certification activities [2][5] - Strategic partnerships have been expanded, including a memorandum of understanding with VerdeGo Aero to explore hybrid-electric propulsion solutions [2][6] Development Milestones - The Global Finite Element Model (GFEM) for configuration C211.2 has been finalized, a crucial step for FAA type certification [6] - Key drivetrain suppliers have been selected, including Triumph Geared Solutions and Kamatics Corporation, to provide essential components [6] - Over 1,500 computational fluid dynamics simulations have been conducted using the U.S. Department of Energy's Frontier supercomputer to optimize aerodynamic design [6] Strategic and Market Expansion Initiatives - The corporate advisory board has been expanded with leaders from aerospace, defense, and AI sectors to enhance navigation through certification and market entry [2][6] - A dedicated prototyping and innovation lab has been opened to accelerate testing of subscale models and flight control systems [2][6] - Technical familiarization sessions with the FAA are ongoing to streamline certification pathways [6] Financial Highlights - Cash and cash equivalents increased to $20.0 million as of June 30, 2025, up from $4.1 million at year-end 2024, primarily due to the public offering [12] - Stockholders' equity grew to $12.4 million as of June 30, 2025, reflecting new capital raised [12] - The company maintains a debt-free position, having repaid all short-term borrowings in Q1 2025 [12] Strategic Outlook - The company is focused on advancing the TriFan 600 through continued engineering and certification efforts, with key priorities for the second half of 2025 [8] - The TriFan 600 is designed to redefine regional air mobility, offering speed, range, and flexibility without traditional infrastructure constraints [8] - The market opportunity for the TriFan 600 is considered substantial, supported by a strengthened balance sheet and clear certification path [8]
Earnings Reports From These Retail Investors' Top Stocks: Rigetti, Plug Power, BigBearAI And More
Benzinga· 2025-08-14 15:54
Retail investors have been busy this week, as several companies popular with individual investors reported their quarterly financial results. Here's a look at some of the highlights and lowlights from the recent reports. Read Next: NuScale Power Stock Slides After Q2 Earnings Report: Here's Why BBAI Q2 ACHR Q2 BigBear.ai, Inc. BBAI stock plunged after the company significantly missed on EPS and revenue and cut its 2025 outlook as "disruptions" to Army contracts slammed its bottom line. Archer Aviation, Inc. ...
Transportation Secretary Sean Duffy on opening airspace to eVTOLs
CNBC Television· 2025-08-14 15:15
Listen, I think it's it's how we use the airspace, right. Um, so if we're using terminals that cost billions of dollars um and you're a uh an airline, I think you're going to pay a higher tax and higher rates as you use those facilities. Often times, uh, private aviation is isn't using um the the massive infrastructure around airports, you uh you're using far less of that.Again, I'm going to leave that to the Congress. Uh, Andrew, they're going to figure this out. But I I do think everyone who's using the a ...
Archer Aviation Q2: The Prove-It Phase Begins
Seeking Alpha· 2025-08-13 13:25
Archer Aviation Inc. (NYSE: ACHR ) just released its Q2 '25 financials , with figures painting a critical inflection point that I believe shareholders should be aware of. The company is still in pre-revenue stages, but development is ramping up, and Rick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News ...
Amaero Publishes Financial and Corporate Update
Globenewswire· 2025-08-13 12:00
MCDONALD, Tenn., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Amaero Ltd (ASX:3DA) (OTCQB: AMROF) ("Amaero" or the "Company"), a leading U.S. domestic producer of high-value C103, refractory alloy, and titanium powders for additive and advanced manufacturing of components utilized by the defense, space, and aviation industries, today provides a financial and commercial update for the Q1 FY2026 period. As stated in June 2025 Quarterly Activities Report on July 21, Amaero began the fiscal year with contracted revenue fr ...