Volocopter Launches Its First Autonomous Flying Taxi

Posted by MarketsandMarkets on Oct 14, 2019 5:00:25 PM

Air Taxi of the Future

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Topics: Aerospace and Defence, Volocopter, Air Taxi Market, autonomous flying taxi

SpaceX Enters SmallSat Launch Market Offering Competitive Prices

Posted by MarketsandMarkets on Aug 27, 2019 10:47:02 AM

In August 2019, SpaceX announced a new, low-cost program, targeted at the launch of small satellites into sun-synchronous orbits. The program will adopt a rideshare approach, creating the opportunity for satellite manufacturers/owners to launch payloads weighing up to 150 kg at USD 2.25 million, and USD 4.5 million for payloads of up to 300 kg. The rocket to be used for these missions will be the Falcon 9. SpaceX plans to undertake these launches at regularly scheduled intervals.

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Topics: Aerospace and Defence, small satellites, space launch services market, SpaceX, small satellite launch market

Amazon’s Drone Delivery Service-Prime Air-to Become Reality Soon

Posted by MarketsandMarkets on Aug 21, 2019 3:32:17 PM

The Federal Aviation Authority (FAA) has published a petition that Amazon Prime Air, a drone operating subsidiary of Amazon has requested an exemption to operate its customized MK27 drone for deliveries under the Part 35 air carrier certificate. The petition, if passed, will allow the company to operate a delivery system that will enable reaching packages to customers in 30 minutes or less, using unmanned aerial systems.

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Topics: Aerospace and Defence, Delivery Drones, advanced aerial delivery drones, Autonomous Last Mile Delivery Market, Amazon Prime Air

In July 2019, Rheinmetall AG and BAE Systems plc created a joint venture with an aim to manufacture Boxer multirole fighting vehicles for the UK.

Posted by MarketsandMarkets on Jul 15, 2019 2:42:04 PM

MarketsandMarkets™ View Point:

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Topics: Aerospace and Defence, armored vehicles market, Rheinmetall AG, BAE Systems plc

Tesla Plans Long-haul Electric Planes

Posted by MarketsandMarkets on Jul 11, 2019 3:42:13 PM

In July 2019, Tesla CEO Elon Musk discussed the potential of electric airplanes. According to Musk, these planes could be viable in about five years.

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Topics: Aerospace and Defence, eVTOL Aircraft, Urban Air Mobility, Tesla Jet, Electric Aircraft Market, Aircraft Battery, Tesla electric airplane

Boeing to Collaborate with Kitty Hawk in Strategic Partnership

Posted by MarketsandMarkets on Jul 3, 2019 4:21:22 PM

In June 2019, the Boeing Company and Kitty Hawk Corporation entered into a strategic partnership to work on futuristic urban air mobility.

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Topics: Aerospace and Defence, urban air mobility market

Amazon’s same-day package delivery using drones to revolutionize the e-commerce industry

Posted by MarketsandMarkets on Jun 27, 2019 5:23:12 PM

On June 5, 2019, Amazon showcased the latest version of its Prime Air delivery drone—that is set to transform last mile package delivery—at the Mars Conference in Las Vegas, US. The Prime Air delivery drone is a hybrid aircraft equipped with optical, thermal, and ultrasonic sensors. Moreover, the drone is also capable of vertical takeoff and landing along with continuous forward flight.

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Topics: Aerospace and Defence, Unmanned Aerial Vehicles, Unmanned Ground Robots

Raytheon and United Technologies to merge their businesses to address challenges in the fast-growing Aerospace & Defense market

Posted by MarketsandMarkets on Jun 14, 2019 6:43:58 PM

Raytheon and United Technologies are joining hands to further expand their aerospace & defense segment, making it the second-largest company in the US in the aerospace & defense segment, after Boeing in terms of revenue.

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Topics: Aerospace and Defence

India Enters into A Deal with Israel To Acquire 100 ‘Balakot’ Spice-2000 Bombs

Posted by MarketsandMarkets on Jun 12, 2019 4:49:46 PM

The Indian Air Force (IAF) has once again sourced the highly advanced SPICE-2000 bomb from Israel to strengthen its arsenal. The SPICE-2000 bomb was earlier used in the Balakot airstrike conducted in February 2019, to neutralize Jaish-e-Mohammed (JeM) terrorists hiding in a building. The airstrike was a retaliation against a terror attack carried out by JeM in Jammu and Kashmir's Pulwama district on February 14, 2019, killing 40 Central Reserve Police Force (CRPF) soldiers. As part of a comprehensive defense strategy, the IAF awarded Israel’s Rafael Advanced Defense Systems a USD 40 million contract for the purchase of more than 100 SPICE-2000 bombs.

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Topics: Aerospace and Defence, Precision Guided Munition Market, SPICE-2000

In a Revolutionary Deal, Atkins and Vertical Aerospace Collaborate to Build and Fly a Full-Scale, Fully Electric Vertical Takeoff and Landing (eVTOL) Aircraft

Posted by MarketsandMarkets on Jun 7, 2019 3:37:08 PM

THE NEED FOR EVTOL?

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Topics: Aerospace and Defence, eVTOL Aircraft

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