AVIATION TECHNOLOGY

eDreams ODIGEO sign strategic partnership agreement with British Airways and Iberia

eDreams ODIGEO | February 03, 2022

Castlelake News
eDreams ODIGEO, Europe's largest online travel company, the second largest in terms of flights globally and one of the largest European e-commerce businesses, today announced that they have signed a New Distribution Capability (NDC) agreement with British Airways and Iberia, part of IAG, one of the world's leading airlines groups.  

The strategic agreement involves all four of eDreams ODIGEO's leading travel agency brands (eDreams, Opodo, Travellink and GO Voyages) and IAG's airlines British Airways and Iberia. This will allow travellers, globally, to enjoy a modern air retailing experience for travel to 268 destinations.

The distribution agreement between eDreams ODIGEO and British Airways and Iberia will give travellers access to a more diverse offering when booking flights in the future. Through the NDC tech, travellers all over the world will benefit from increased flexibility, more competitive fares, and new methods of travel personalisation. The NDC agreement will streamline options for customers based on user preferences and deliver an improved customer experience.

Pablo Caspers, Chief Air Supply Officer at eDreams ODIGEO: "As one of the world's largest online travel companies, we are committed to continuously enhance our product offering to ensure the highest levels of customer satisfaction. We are delighted to be strengthening our partnership with one of the world's leading airline groups. As a result, our customers will now benefit from an even better booking and travel experience, together with more competitive flight options. We look forward to continuing to drive forward tech innovation for our joint customers."

"NDC is the most advanced distribution model, and this agreement with eDreams ODIGEO represents an excellent opportunity to strengthen our collaboration with travel agencies and, through this channel, to reach a greater number of customers with all Iberia products and all the advantages that NDC brings."

- Miguel Henales, Digital Business & Direct Sales Director at Iberia

"Through this partnership even more customers will benefit from exclusive British Airways NDC content such as Additional Price Points and ancillaries. This collaboration demonstrates our continued focus and investment in delivering a robust and scalable British Airways API solution for both partners and customers."

- Katy Cardwell, Head of Distribution and Payments at British Airways:

About eDreams ODIGEO
eDreams ODIGEO is one of the world's largest online travel companies and one of the largest e-commerce businesses in Europe. Under its four leading online travel agency brands – eDreams, GO Voyages, Opodo, Travellink, and the metasearch engine Liligo – it serves more than 17 million customers per year across 45 markets. Listed on the Spanish Stock Market, eDreams ODIGEO works with over 660 airlines and has partnerships with 130. The brand offers the best deals in regular flights, low-cost airlines, hotels, cruises, car rental, dynamic packages, holiday packages and travel insurance to make travel easier, more accessible, and better value for consumers across the globe.

About Iberia:
Iberia is the main Spanish airline and the leading carrier on routes between Europe and Latin America. It flies to 140 destinations in 48 countries in Europe, the Americas, Africa, Middle East and Asia. Together with its subsidiary Iberia Express and its franchise partner Iberia Regional/Air Nostrum, it operates about 600 flights each day with a fleet of 144 aircraft. It offers easy and convenient connections at its hub in T4 in Madrid-Barajas airport. Since 2014 it ranked among the five most punctual airlines in the world according to FlightStats, while it was awarded its 4th Skytrax star in 2017. The airline is a member of the oneworld alliance that operates more than 14,000 daily flights to some 1,100 destinations in 180 countries. For more information, please visit http://grupo.iberia.es

About British Airways
British Airways is the UK's largest international airline offering more than 45 million customers a year quality, choice and convenience. Its principal place of business is London, with a significant presence at Heathrow, Gatwick and London City airports. British Airways' main home at Heathrow is Terminal 5, regularly voted the world's best airport terminal in international passenger surveys. Operating one of the most extensive international scheduled airline route networks together with its joint business agreement, codeshare and franchise partners, British Airways flies to more than 200 destinations in almost 80 countries on a fleet of around 300 aircraft. The airline is investing £6.5bn over the next five years in new aircraft, new cabins, new lounges, new food and new technology - including industry-leading WiFi. British Airways is a founding member of the airline alliance oneworld, which serves some 1,000 destinations across the globe.

Spotlight

Hainan Airlines Group ordered 100 aircraft from Comac spread across two aircraft types for their future operations. The deal is being labelled as a test move by the group to understand the capabilities of Cormac's aircraft, in any case, the deal is a substantial one for the planemaker.

Spotlight

Hainan Airlines Group ordered 100 aircraft from Comac spread across two aircraft types for their future operations. The deal is being labelled as a test move by the group to understand the capabilities of Cormac's aircraft, in any case, the deal is a substantial one for the planemaker.

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AIR TRANSPORT

Electric Battery Aviation Leader Electric Power Systems Announces Strategic Partnership with Regent Craft

Businesswire | April 21, 2023

Electric Power Systems (EP Systems), a leading global electric powertrain supplier for the aviation industry, today announced it has entered into a strategic partnership with Regent Craft, where it will supply EP Systems' power integration technology for the manufacturing of REGENT’s all-electric seagliders. REGENT has already obtained $8 billion in orders from major airlines and leading ferry operators in five different continents. REGENT’s 12-passenger seaglider, Viceroy, is expected to enter service by mid-decade. The partnership between REGENT and EP Systems is a significant development, as it combines the expertise and resources of two industry leaders to create an innovative and environmentally friendly solution bringing a new level of efficiency and sustainability to the transportation industry. The seaglider is poised to revolutionize transportation by offering high-speed, zero-emission transportation along coastal water ways. The use of state-of-the-art power integration technology will not only make the seaglider able to service routes up to 180 miles on a single charge, but also enable it to operate quietly, reducing noise pollution. This will have significant benefits, particularly in areas where noise abatement is a concern, such as near residential areas and wildlife habitats. “We are pleased to have EP Systems on board as our battery provider for our full-scale prototype seaglider," said REGENT's CEO Billy Thalheimer. "Their expertise in producing high-quality, efficient battery technology is second to none, and they share our deep commitment to safety. We are confident that their battery solution will help make the seaglider a true game-changer in the transportation industry.” EP Systems is known for its expertise in developing and implementing power integration solutions that meet the needs of today’s transportation industry. Its technology will enable the seaglider to fly with a longer range and higher speed while reducing operating costs and maintenance requirements. “EP Systems is thrilled to partner with REGENT to provide the Energy Storage System and the power management system for this innovative Wing in Ground effect vehicle,” said Nathan Millecam, CEO of EP Systems. “Our technology will enable the vehicle to achieve greater efficiency, reliable paced operations, and a sustainable solution for this groundbreaking form of transportation.” EPS adds REGENT to a growing list of customers, which includes NASA, the FAA, Boeing, Diamond Aircraft, Plana, Safran, Supernal and VoltAero. The company also provides its electric powertrain system to X-57, Boeing’s CAV (Cargo Air Vehicle) and Bell Helicopter’s hybrid Advanced Air Mobility aircraft (Bell Nexus). About Electric Power Systems Electric Power Systems (EP Systems) is a leading provider of high-power, scalable powertrains that are certifiable for electrified aviation. It develops energy storage systems, DC fast-charging stations, and electric propulsion products for Aerospace. EP Systems has numerous battery systems currently powering customer flight demonstrator vehicles (e.g., NASA X-57, Bell Nexus, Aurora Flight Sciences Pegasus, Embraer Ipanema, and Boeing CAV). Advanced features produce safer battery systems resulting in a perfect safety record in field. EP Systems is currently partnered with the FAA to certify batteries for general aviation aircraft and will complete its first TSO in 2023.

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AIR TRANSPORT

Zeroavia Sets New Benchmark with Record-breaking HTPEM System Performance

ZeroAvia | March 10, 2023

On March 09, 2023, ZeroAvia, one of the leaders in zero-emission aviation, announced it has accomplished record-breaking performance in its High-Temperature Proton Exchange Membrane (HTPEM) systems testing. The previous testing of the pressurized 20kW HTPEM stack power module at ZeroAvia's UK R&D facility discovered a record of 2.5 kW/kg specific power at the level of the cell, which will set the standard for system-level densities of 3 kW/kg or more within the next two years. Fuel cell technology for aviation development is critical to enable accurate zero-emission commercial flight and energy-intensive applications such as sizeable fixed-wing aircraft and rotorcraft. Therefore, increasing the temperature and pressure within fuel cell stacks is necessary for a commercially viable product. Increased temperature and pressure enable air cooling, simplify the system, reduce cooling drag, and ultimately enable significantly more rigorous applications. By delivering a pressurized HTPEM system, the team at ZeroAvia has made ground-breaking advances in deep technology. Additionally, innovative conductive coatings enable using aluminum bipolar plates in aggressive HTPEM environments and a novel membrane electrode assembly (MEA) technique. ZeroAvia's proprietary technology has been developed in the past three years as part of a concentrated effort to create an in-house portfolio of critical technology for fuel cell aviation. Further R&D will deliver a fuel cell system with a specific power of over 3 kW/kg, enabling a step change in performance relative to conventional fuel cell technologies and making fuel cell propulsion commercially feasible for large aircraft. To support prime candidates for ZeroAvia's ZA2000 powertrain for 40-80 seater airplanes, a range of rotorcraft and eVTOL applications, it will be the HTPEM. This next generation of fuel cells may also be adequate to enable electric propulsion systems for single-aisle turbofan aircraft with more than 100 seats, such as the Airbus A320 and Boeing 737. About ZeroAvia ZeroAvia is one of the leading zero-emission aviation focusing on hydroelectric solutions. The company, based in Hollister (California) enables scalable, sustainable aviation by replacing conventional engines with hydrogen-electric powertrains from 19-seater regional flights to more than 100-seater long-distance flights. It has already obtained experimental certificates from the CAA and FAA for its two prototype aircraft, passed momentous flight test milestones, secured a number of key partnerships with leading aircraft OEMs and global airlines, and is on track to begin commercial operations in 2025.

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DEFENSE AND SPACE

BlueHalo Bolsters Leading Position in Counter-UAS With Acquisition of Verus Technology Group

PRnewswire | April 04, 2023

BlueHalo, a leading provider of critical capabilities and technologies across Space, Air, and Cyber domains, today announced it has acquired Verus Technology Group, Inc. ("Verus" or the "Company"). Founded in 2014, Verus designs, develops, and integrates counter-Unmanned Aerial Systems ("c-UAS") products utilizing industry-leading radio frequency ("RF") and digital signal processing ("DSP") technologies. Verus's flagship product, SkyView, provides category-leading passive RF-based detection, identification, tracking and telemetry extraction of small unmanned aircraft systems ("sUAS"). Available in both fixed-site and mobile configurations, SkyView allows for a wide variety of use cases from military applications to defending critical commercial infrastructure. Verus's reputation for superior performance and ease-of-use has enabled the Company to deliver its critical solutions across a broad portfolio of demanding customers throughout the Department of Defense ("DoD") and Intelligence Community ("IC") including two Programs of Record with the United States Marine Corps ("USMC") and Special Operations Command ("SOCOM"), as well as civilian, commercial, and international markets. The acquisition of Verus directly complements BlueHalo's AI/ML enabled, RF-based Titan c-UAS solution as well as the company's Locust directed energy c-UAS solution and ARGUS Perimeter Security solution. Verus's proprietary platform and software coupled with BlueHalo's existing technology will allow the combined enterprise to deliver a superior suite of products to support the warfighter in the ever-evolving next generation battlefield and protect critical infrastructure against adversarial threats. "Verus has consistently demonstrated their ability to deliver critical, innovative c-UAS solutions to the most demanding customers across the DoD, IC and civilian markets. Combining SkyView and the team's proven ability to innovate at mission speed alongside BlueHalo's Titan system positions BlueHalo as the #1 c-UAS provider in the market," said Jonathan Moneymaker, Chief Executive Officer of BlueHalo. "We are incredibly excited to bring Verus into BlueHalo and provide an integrated, superior set of solutions offering a protective ring around our customers as we seek to neutralize the ongoing c-UAS threat." David Wodlinger, a Managing Partner at Arlington Capital Partners, said "Drone technology continues to proliferate, allowing bad actors to acquire greater capability at a lower cost. The U.S., and the world more broadly, are not yet adequately prepared for the threat that drones pose to our critical infrastructure and national security. Within BlueHalo, we plan to invest an increasing amount of resources into bringing to market the best c-UAS solutions to address these emerging threats." John Abbey, CEO and Founder of Verus, shared "We are incredibly excited to partner with BlueHalo as we continue to deliver innovative solutions to our customers. Joining BlueHalo will allow us to deliver an expanded set of capabilities and resources to both new and existing customers as we focus on achieving an even greater mission impact. We're thrilled to continue to push boundaries and deliver critical technology and capabilities to the warfighter with BlueHalo." Henry Albers, a Vice President at Arlington Capital Partners, said "We have tracked Verus for many years as the Company has developed into the clear leader for passive RF detect solutions in the c-UAS market. With access to BlueHalo's extensive corporate infrastructure and resources, we believe the Company is well positioned to continue its impressive growth trajectory." Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to BlueHalo. Citizens Capital Markets acted as sole financial adviser and Cooley LLP served as legal counsel to Verus Technology Group. About BlueHalo BlueHalo is purpose-built to provide industry-leading capabilities in the domains of Space, c-UAS, Autonomous Systems, and Cyber. BlueHalo focuses on inspired engineering to develop, transition, and field next-generation capabilities to solve the most complex challenges of our customers' critical missions and reestablish our national security posture in the near-peer contested arena. About Arlington Capital Partners Arlington Capital Partners is a Washington, DC-based private equity firm that has managed approximately $7 billion in capital commitments. Arlington is focused on middle market investment opportunities in growth industries including aerospace & defense, government services and technology, healthcare, and business services and software. The firm's professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company's position as leading competitors in their field.

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