BUSINESS AVIATION

Oceaneering to Team with Collins Aerospace, ILC Dover on NASA’s Next-Generation Spacesuit Program

Oceaneering Space | June 10, 2022

Oceaneering to
Oceaneering International announces that Oceaneering Space Systems a division of the Aerospace and Defense Technologies segment, will serve on a team led by Collins Aerospace a Raytheon Technologies business selected by the National Aeronautics and Space Administration to develop next-generation extravehicular spacesuits.

NASA is enlisting commercial partners to develop, build, and maintain new spacesuit technology. The Collins team, which also includes ILC Dover, has decades of experience supplying spacesuits to NASA. Collins is one of two companies that received access to a NASA contract for Extravehicular Activity Services  worth up to $3.5 billion over 12 years to supply spacesuits for future missions.

Next-generation spacesuits require new technologies for missions targeted to begin as early as 2025 through 2034. These new suits are expected to allow astronauts to work outside the International Space Station, explore the lunar surface on Artemis missions, and prepare for human missions to Mars. Additionally, the suits are expected to accommodate nearly every astronaut body type, provide added flexibility to allow for increased mission times, and be adaptable to evolving technology enhancements as required.

“These suits will provide a better fit and comfort for the astronauts, increasing their mobility to safely operate on the surface of the moon,” said Carl Walz, former NASA astronaut and longtime Director of Business Development for OSS.

We are thrilled to work alongside teammates Collins and ILC Dover on this xEVAS contract to deliver the most capable spacesuit systems possible to get NASA astronauts to the moon and beyond. This award builds upon Oceaneering’s longstanding relationships with Collins, ILC Dover and NASA and its experience in prior spacesuit programs. Oceaneering has proudly enabled successful space missions for NASA alongside our industry partners for over 40 years, delivering thousands of products and mission support for the Space Shuttle, the International Space Station, and its international partners’ extravehicular activity.”

Rod Larson, President and Chief Executive Officer

This release contains “forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to the expectations, beliefs, future expected business and financial performance and prospects of Oceaneering. More specifically, the forward-looking statements in this press release include the statements concerning product delivery expectations and the timing thereof. The forward-looking statements included in this release are based on Oceaneering’s current expectations and are subject to certain risks, assumptions, trends and uncertainties that could cause actual results to differ materially from those indicated by the forward-looking statements. These include, among other factors, risks and uncertainties related to counterparty performance under contracts and market conditions and other economic factors affecting Oceaneering’s business. For a more complete discussion of these and other risk factors, please see Oceaneering’s latest annual report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements. Except to the extent required by applicable law, Oceaneering undertakes no obligation to update or revise any forward-looking statement.

About Oceaneering Space Systems
Oceaneering Space Systems is a leader in specialized engineering for harsh environments from sea to space. We complete turnkey design, development, manufacturing, certification, maintenance, testing and sustaining engineering for space-based robotics and automation, satellite servicing tools and equipment, human space flight systems and thermal protection systems. Our diverse engineering experience and precision manufacturing capabilities enable us to deliver product quality and mission assurance while maintaining an uncompromised focus on safety.

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DEFENSE AND SPACE

Alabama State University Launches Draganfly Drone Technology Course

Draganfly Inc. | June 27, 2022

Draganfly Inc. an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that Alabama State University is offering the Draganfly Drone Technology Course through ASU’s Division of Continuing Education. Draganfly’s experienced team is sharing their vast industry knowledge with a variety of ASU faculty members and students. The program provides an introduction to unmanned aerial vehicles and explores advanced topics including regulations, airspace operations, and navigation. “Being able to learn from the experts at Draganfly is an incredible opportunity. As more businesses and governments turn to drones, it is crucial for us to understand how to meet their needs effectively,” said O’Nesha Burke, an ASU student and recipient of the Draganfly Drone Pilot Scholarship. Draganfly’s Drone Technology Course includes a Federal Aviation Administration Part 107 drone preparation course. To fly drones under the FAA’s Small Unmanned Aircraft Systems Rule a Remote Pilot Certificate must be obtained. The certificate demonstrates that pilots understand the regulations, operating requirements, and procedures for safely flying drones. “As drone demand continues to rise, so does the need for technologically-proficient workers. We are grateful for the opportunity to further expand our partnership with ASU and provide a robust technology program that properly prepares students for the future,” Cameron Chell, President and CEO of Draganfly “Following the success of the Drone Pilot Training Program last year, we are thrilled to be working with Draganfly once again to provide industry-leading drone education,” said Dr. Quinton T. Ross Jr., President of ASU. “Draganfly continues to ensure our students have the knowledge and skills required for a rewarding career in the rapidly growing drone space.” About Draganfly Draganfly Inc. is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 20 years, Draganfly is an award-winning industry leader serving the public safety, public health, mining, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives. About Alabama State University Founded in 1867, ASU is a comprehensive, regional institution offering students from across the nation and around the globe a world-class education. ASU’s learning experiences are holistic and are designed to develop intellectual, as well as social, moral, cultural and ethical values. ASU graduates are equipped with the skills, insights, attitudes and practical experiences that will enable them to become well-rounded, contributing citizens, fully qualified to take their places in their chosen professions and in service to humanity.

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AIR TRANSPORT

American Airlines Cargo Partners with IBS Software to Fast-Track WebCargo Integration

IBS Software | June 22, 2022

American Airlines Cargo has taken another major step forward in the digitalization of its cargo operations by deploying IBS Software's latest iPartner Customer (iPC) solution to allow seamless, fast integration with leading digital marketplace WebCargo, a Freightos Group company. IBS Software's iPartner Customer platform is equipped with out-of-the-box APIs that allow faster integration of airline cargo sales and distribution offerings. The deployment allows American Airlines Cargo to take advantage of the business opportunities provided by WebCargo, ultimately delivering enhanced reach to a wider customer base. iPC's real-time data exchange empowers American Airlines Cargo to define and better control its distribution strategy by providing critical features such as smart filtering and configurable business rules. IBS Software's vision for iPC is to enable carriers to leverage a highly flexible and scalable platform, with an out-of-the-box capability to integrate digital sales channels. This design philosophy enabled the entire lifecycle of the integration between American Airlines Cargo and Freightos to be achieved in a matter of weeks. The iPartner solutions was developed with a vision to enable airlines to digitize their integration capabilities with suppliers and partners and leverage the digitalisation boom in the industry to achieve tangible business benefits like better customer engagement, faster sales cycles and reduced operational costs. "At American Airlines Cargo, we are 100% committed to driving operational excellence through digital technology. Working with IBS Software on our integration with WebCargo enables us to provide our customers with an enhanced digital booking experience and access to the real-time rates and capacity that WebCargo offers, as well as expand our reach to new customers," said Roger Samways, Vice President Commercial for American Airlines Cargo. "We're excited to continue our partnership with IBS Software and tap into their unrivalled experience and expertise as we both aim to drive growth in the air cargo sector through digitalization." "Modernizing the air cargo industry through digital technology is critical to its continued growth, and American Airlines Cargo is a trailblazer. We are thrilled to further our partnership with them with this exciting new venture as they continue their journey to transform the service and experience they provide customers," commented Ashok Rajan, Head of Cargo & Logistics Solutions at IBS Software. AA Cargo's deployment of the iPartner solution is the latest milestone in its longstanding strategic relationship with IBS Software to transform its business through innovative digital technology. About IBS Software IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise and hospitality industries. IBS Software's solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management. IBS Software also runs a real time B2B and B2C distribution platform providing hotel room inventory, rates and availability to a global network of hospitality companies and channels. For the tour and cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. IBS Software is a Blackstone portfolio company and operates from 15 offices across the world.

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BUSINESS AVIATION

Dedrone Partners with South Carolina Law Enforcement Division to Secure Popular Cooper River Bridge Run

Dedrone | June 24, 2022

Dedrone, the market leader in smart airspace security, announced it partnered with Threat Management Group to provide airspace security for South Carolina Law Enforcement Division during the popular Cooper River Bridge Run. Due to the pandemic, the annual race was held twice within a six-month period, in September 2021 and again in April 2022. SLED utilized Dedrone technology to secure the airspace for runners and spectators during both events. Using funding from the 2020 Port Security Grant Program SLED leveraged Dedrone’s Smart Airspace Security solution, deploying mobile DedroneSensors on marine vessels and installing Dedrone Sensors around the bridge in a static configuration to ensure wide-area security. During the 2021/2022 events, three drones were intercepted and SLED was able to quickly de-escalate the threat. Dedrone’s technology helped ensure the safest and most secure events in the history of the 10K race, the third largest of its kind in the United States. “We needed a scalable drone detection solution capable of detecting a wide variety of drones and flexible enough to be deployed in our highly complex race environment, which includes both the land and marine components,” said Trey Elrod at SLED. “After an extensive analysis of available solutions, Dedrone was the clear market leader. The ease of deployment, robust drone detection library and simplicity of the user interface made it much easier for law enforcement to successfully protect our annual Bridge Run.” Drone detection is complex. Drones come in various shapes, sizes and control mechanisms, with fixed wings or a varying number of rotors. Radio frequencies also vary - many drones are controlled using common radio protocols, but others are controlled via Wi-Fi. Dedrone shines a light on the “blind spot” of suspicious drones, ensuring airspace is safe from unwanted aircraft and providing tools to help mitigate threats. “We were honored to work with TMG and SLED to help secure the iconic Cooper River Bridge Run, especially as these were the first events following the pandemic and the community was excited to be together again. Airspace security is now a critical part of ensuring the safety of participants in any live event, and Dedrone makes it easy for law enforcement to quickly and easily manage unauthorized drones.” Aaditya Devarakonda, CEO of Dedrone Races, stadiums and live events are especially vulnerable to drone threats, both from nefarious actors and individuals seeking to get their own unique footage. Spectators and participants alike are vulnerable to physical threats, while event organizers also worry about copyright infringement issues. Dedrone and TMG have successfully partnered to secure additional events, including NASCAR. “TMG provides a wide range of counter technologies for Unmanned Aircraft Systems including risk management, training, TTP development and drone detection solutions,” said Brandon Cox, CEO, TMG. “Dedrone is the company we trust most to provide our clients with a complete end-to-end, drone-agnostic detection solution.” Dedrone works across 35 countries to deliver best-in-class detection, identification, tracking, and mitigation of drones. The company’s technology is used by four of the G-7 nations, nine U.S. federal agencies, including the Department of Defense, and more than 70 critical infrastructure sites, 20 airports and 50 correctional facilities worldwide. About Dedrone Dedrone is the market leader in smart airspace security. Dedrone’s counter-drone system is trusted by hundreds of commercial, government, and military customers globally to protect against unauthorized drones. With flexibility to host on premise or in the cloud via Dedrone’s Airspace Security-as-a-Service (ASaaS), Dedrone customers can detect, identify, locate, analyze and mitigate unauthorized drone threats. Established in 2014, Dedrone is headquartered in San Francisco, with operations in the Washington, D.C.-area, Columbus, Ohio, London, and Germany.

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BUSINESS AVIATION

Former Acting FAA Administrator Dan Elwell Joins Autonomous Flight Leader Merlin Labs' Advisory Board

Merlin Labs | July 12, 2022

Merlin Labs, the leading developer of autonomous flight technology for fixed-wing aircraft, announced that Dan Elwell, former Acting FAA administrator, industry advocate, and pilot, has joined the company's advisory board. He will advise the company on policy and strategy as it engages with regulators in shaping the future of autonomous flight. "Throughout my career, I've been an advocate for common-sense implementations of new technologies in the aerospace industry, with a particular focus on safety and efficiency. What Merlin Labs has been building these last few years, with its numerous applications across civilian and government aviation, has been tremendously interesting to observe, and I'm excited to help shepherd it to commercial and governmental adoption under Merlin's 'crawl-walk-run' approach." Elwell Elwell has extensive experience in governmental administration: he served as Deputy Administrator of the Federal Aviation Administration from June 2017 to November 2020, including an appointment as Acting FAA Administrator from January 2018 to August 2019. Prior to that appointment, Elwell served as a Senior Advisor on Aviation to the Secretary of the Department of Transportation. He had previously served at the FAA as the Assistant Administrator for Policy, Planning, and Environment from 2006–2008. Lieutenant Colonel Elwell retired from military service as a Command Pilot with more than 6,000 hours combined civilian and military flight time in the U.S. Air Force and U.S. Air Force Reserve, including combat service during Operation Desert Storm. In the private sector, Elwell held the position of Senior Vice President for Safety, Security, and Operations at Airlines for America (A4A), where he was responsible for leading the advancement of commercial aviation safety and security excellence for major U.S. air carriers. Prior to that, Mr. Elwell was Vice President of the Aerospace Industries Association. In this role, he represented civil aerospace manufacturers and led policy development and advocacy for the civil aerospace manufacturing industry. Elwell was a commercial pilot for 16 years with American Airlines, flying numerous airframes, during which time he also served as Managing Director for International and Government Affairs at American Airlines. Elwell is a graduate of the United States Air Force Academy, where he earned a degree in International Affairs. He earned his pilot wings at Williams Air Force Base. About Merlin Labs Founded in 2018 and headquartered in Boston, with additional offices in Los Angeles, Denver, Mojave, and Auckland, NZ, Merlin Labs is building the definitive autonomy system for all things that fly.

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