JSSI, SierraTrax | June 30, 2021
Jet Support Services, Inc. (JSSI), the premier independent supplier of business aviation maintenance support and financial services, announced today the purchase of SierraTrax, a pioneer in aircraft maintenance tracking.
SierraTrax, via its modern technology interface, offers maintenance tracking software for commercial airplanes all around the globe. The SierraTrax platform is widely utilized by Cessna, Beechcraft, and Hawker operators as a Textron Aviation approved supplier of maintenance tracking services. Most turboprop, light, and midsize aircraft are supported by the company, but it will now concentrate on expanding the service into the super-mid and large-cabin sectors to match with JSSI's coverage of nearly every make and model of business jet, turboprop, and helicopter.
JSSI's Hourly Cost Maintenance Programs serve more than 10% of the world's business jets and manage more than 10,000 maintenance events each year. Through its JSSI Parts & Leasing division, the company also supplies parts, engines, and APUs to hundreds of operators of various makes and models. This strategic expansion into the maintenance monitoring sector will combine SierraTrax knowledge with more than 30 years of JSSI operating cost data, and will complement the company's current portfolio, which also includes JSSI Advisory Services and Conklin & de Decker.
GTCR, a prominent private equity company, owns the majority of JSSI.
spacenews | December 03, 2020
Little dispatch startup Aevum on Dec. 3 uncovered its Ravn X vehicle, a reusable robot airplane and rocket blend intended to dispatch little payloads to circle.
Ravn X has been a long time being developed. Aevum, situated in Huntsville, Alabama, is situating Ravn X to contend in the undeniably packed little dispatch market, promising quick reaction administration empowered by a self-ruling airplane that can take off from any mile-long runway.
The 55,000-pound unpiloted airplane is 80 feet in length with a 60-foot wingspan. While in flight it will deliver a two-stage rocket that can dispatch 100 kilograms to 500 kilograms of payload to low circles. Skylus said Ravn X will be prepared for activities inside the following year and a half after it clears administrative obstacles.
DEFENSE AND SPACE
D-Orbit | June 27, 2022
D-Orbit, the space logistics and orbital transportation company that is going public through a transaction with Breeze Holdings Acquisition Corp announced the signing of a launch contract with European launch services provider Isar Aerospace. D-Orbit will launch its ION Satellite Carrier the company’s versatile and cost-effective orbital transfer vehicle designed both to precisely deploy satellites and perform technology demonstrations of third-party payloads in orbit, aboard Isar Aerospace’s Spectrum launch vehicle for small and medium-sized payloads.
This launch contract brings D-Orbit one step closer to achieving a launch schedule able to meet the increasing demand for last-mile space transportation solutions and in-orbit demonstration of third-party payloads.
“We are excited to partner with Isar and launch onboard their Spectrum rocket. The combination of Spectrum with our ION Satellite Carrier enables a variety of mission profiles that allow us to expand our offer in terms of transportation services and better serve the growing space logistics market.”
Monica Valli, D-Orbit’s VP Operations
Isar Aerospace develops and builds launch vehicles for transporting small and medium-sized satellites as well as satellite constellations into Earth’s orbit. The privately financed company is headquartered in Ottobrunn, Germany. The company is developing Spectrum, a two-stage launch vehicle with a payload capacity to low Earth orbit of 1000kg.
“We are pleased to welcome D-Orbit on board Spectrum’s flight and thank the D-Orbit team for the trust they place in us. We are looking forward to working towards our common goal of reducing the barriers to flexible space access,” says Stella Guillen, Chief Commercial Officer of Isar Aerospace.
D-Orbit has already successfully launched six ION Satellite Carriers since September 2020 and three additional launches are scheduled for the remainder of 2022. With 13 flights scheduled for 2023, the fleet will soon reach 22 spacecraft in orbit, which will allow D-Orbit to offer new and valuable services to their customers, including in-orbit data storage and computing capabilities.
About D-Orbit and Its Proposed Business Combination with Breeze Holdings
D-Orbit is a market leader in the space logistics and transportation services industry with a track record of space-proven technologies and successful missions.
Founded in 2011, before the dawn of the New Space market, D-Orbit is the first company addressing the logistics needs of the space market. ION Satellite Carrier, for example, is a space vehicle that can transport satellites in orbit and release them individually into distinct orbital slots, reducing the time from launch to operations by up to 85% and the launch costs of an entire satellite constellation by up to 40%. ION can also accommodate multiple third-party payloads like innovative technologies developed by startups, experiments from research entities, and instruments from traditional space companies requiring a test in orbit.
D-Orbit is a space infrastructure pioneer with offices in Italy, Portugal, the UK, and the US; its commitment to pursuing business models that are profitable, friendly for the environment, and socially beneficial, led to D-Orbit S.p.A. becoming the first certified B-Corp space company in the world.
As previously announced on January 27, 2022, D-Orbit has entered into a business combination agreement among Breeze Holdings Acquisition Corp. a publicly traded special purpose acquisition company, D-Orbit and a newly formed joint stock company governed by the laws of the Grand Duchy of Luxembourg pursuant to which Holdco will become the publicly traded parent company of Breeze Holdings and D-Orbit upon the closing of the transactions. The transaction is expected to close in the second or third quarter of 2022, subject to the satisfaction of customary closing conditions, including certain governmental approvals and the approval of the shareholders of Breeze Holdings and the contribution of the D-Orbit shares by the D-Orbit shareholders.
About Breeze Holdings Acquisition Corp.
Breeze Holdings is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.