Ace Precision Machining Corp.

Aerospace

TransDigm Group | March 15, 2022

TransDigm Group Incorporated, announced today that it has entered into a definitive agreement to acquire DART Aerospace ("DART" or "the Company"), a portfolio company of Greenbriar Equity Group, L.P. and First Aviation Services Inc., for approximately $360 million in cash. DART is headquartered in Montreal, Quebec. The Company is a leading provider of highly engineered, unique helicopter mission equipment solutions that predominantly service civilian airc...

Air Transport

Honeywell | August 16, 2021

Pipistrel's Nuuva V300 is a long-range, large-capacity, autonomous UAV. It will take off and land vertically with battery power, meaning it does not require a runway, and has significantly lower operating costs than helicopters. It can carry loads up to 460 kilograms (~1010 pounds) for more than 300 kilometers (~186 miles), making it an ideal solution for deliveries to areas traditionally accessible only by helicopter. Its smaller sibling, the Nuuva V20, shares the same architecture and adva...

Defense and Space

Sandhills Global | July 07, 2022

According to the latest Sandhills Global market reports covering the aviation industry, values for piston single, turboprop, and jet aircraft may have peaked this May. All aviation categories displayed month-to-month value decreases from May to June, and with the aviation market showing signs that values might continue their drop in the near future, sellers could need to adjust asking values going forward based on the available inventory. The market reports show that rising inventory levels are ...

Air Transport

magniX | December 08, 2021

magniX, the company powering the electric aviation revolution, has been selected by Tier 1 Engineering, specialists in the design & development of electric aircraft, to provide magniX electric propulsion units (EPUs) for the clean delivery of life-saving organs. Tier 1 is developing the electric helicopter, by modification of the Robinson R44, for launch customer Lung Biotechnology PBC, which plans to acquire a fleet of aircraft to fly transplant organs. Tier 1 Engineering wil...