AAR | April 27, 2022
AAR CORP, a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a marketing partnership agreement with ProvenAir Technologies, LLC to enhance the digital solutions available to AAR customers.
ProvenAir’s digital solution leverages advanced technologies to analyze and dynamically generate back-to-birth (BtB) trace history for life limited parts. ProvenAir automates the BtB process to save aviation customers time, increase records quality, shorten the sales cycle, ease aircraft transitions, and increase the residual value of used serviceable material.
“ProvenAir’s mission is to redefine service in the aviation industry through innovation and technology. We make an impact by digitizing and automating a cumbersome manual process,” said James Boccarossa, ProvenAir Founder and CEO. “By partnering with AAR, one of the world’s top MROs and parts suppliers, we will be able to reach more customers and help those customers realize their digitization goals.”
“AAR continues to focus on digital solutions that enhance and differentiate our offerings. We are impressed by ProvenAir’s technology and have been able to realize internal efficiencies from utilizing ProvenAir for our own Parts Supply and Landing Gear needs. Leveraging our global sales team to connect aircraft owners and operators with ProvenAir for the benefit of our customers is a natural progression of our relationship.”
Rahul S. Ghai, AAR Chief Digital Officer
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair, and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems operations.
ProvenAir is a technology company with a service platform that, with the click of a mouse, dynamically generates consistent, easy to follow, back-to-birth trace insights for life limited material. The ProvenAir system uses proprietary algorithms and advanced technology to scan, digitize, and categorize maintenance records, precisely interpret life limited part usage, and create historical trace timelines and exception reports for assemblies, sub-assemblies, or individual parts.
Draganfly Inc | June 02, 2022
Draganfly Inc. an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the launch of its new North American-made Heavy Lift and Commander 3 XL Drones.
Draganfly’s Heavy Lift Drone is a versatile, industrial, multirotor unmanned aerial vehicle that is designed to lift more and fly further. Capable of automated missions and manual flight operations, the Company’s heavy-duty, robust UAV has a payload lift capacity of 67 pounds and up to 55 minutes of flight time.
Draganfly’s Commander 3 XL Drone is a high-endurance, weather-resistant, multirotor UAV that is designed for easy assembly and rapid deployment. The “Swiss Army Knife” of drones is capable of drop and winch-down systems to transport up to 26 pounds of payload. It performs extremely well in light rain and snow.
Both Draganfly’s Heavy Lift and Commander 3XL Drones are compatible with a variety of interchangeable payloads, including optical and thermal imaging solutions, specialized delivery containers, and the Company’s Long Range LiDAR system.
According to a recent report by Verified Market Research, the global drone services market size is projected to reach $60.67 billion USD by 2028 with a compound annual growth rate (“CAGR”) of nearly 24%. Demand for drone services is rapidly increasing as more businesses recognize the potential of UAV technology across different industry verticals.
“As drone use continues to rise, industry leaders are looking for sophisticated solutions that are versatile, reliable, and secure. Our Heavy Lift and Commander 3 XL Drones will help a variety of major markets improve their business outputs and profitability,”
Cameron Chell, President and CEO of 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.
Mystifly | April 22, 2022
UATP and Mystifly announced a strategic partnership in which UATP will be integrated into MystiPay, an airline payment solution from Mystifly. The partnership focuses on reducing the cost of acceptance for travel payments.
"We recognize that the airline distribution and payments landscape is complex. Through MystiPay, and with UATP as the scheme, we want to offer a profitable and secure payment solution that unlocks new revenue streams and better rebates, while lowering the cost of acceptance. We take great pride in partnering with UATP as both businesses share a common vision to provide a better payment opportunity for all. We look forward to maximizing the value of this partnership."
Rajeev Kumar, CEO and MD, Mystifly
Today, Mystifly is one of the largest global B2B airfare aggregators backed by its strong travel technology vision. Mystifly offers search and retailing, order management, revenue and channel management, ancillary sales, multi-currency payment wallet and automated post booking management processes through their technology SaaS platform. Mystifly's model is to merge the gaps between aggregation, distribution, fulfilment and payments and settlements.
UATP President and CEO Ralph Kaiser commented, "Mystify continues to grow as a travel tech leader. Becoming an Issuer will enhance supplier relations and increase spending power. Mystifly will help save the industry money by utilizing UATP in its supplier relationships."
UATP is a global payment solution owned and operated by the world's airlines and accepted by thousands of merchants for air, rail and travel agency payments. UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally. UATP offers easy-to-use data tools, DataStream℠ and DataMine℠, which provide comprehensive account details to Issuers and Corporate Subscribers for accurate travel management.
Mystifly is a travel tech leader in airline retailing envisioned to bring a positive difference in the experience of the travelers and how air travel is sold. Mystifly is the new operating system for existing or new businesses to start or grow their travel business globally. Certified by IATA as a NDC Level 4 Aggregator, Mystifly offers NDC-aligned tech stacks for businesses of every size. Founded in 2009, Mystifly unifies distribution, fulfilment and payments on a single platform that allows search, ticket, ancillary sales, post-booking services and payment for over 700 airlines including 180 LCCs, NDC and Non-NDC Airlines. Mystifly's suite of products empowers over 3000 clients globally.
COMSovereign Holding Corp. | January 24, 2022
COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions today announced that its Lighter Than Air Systems ("LTAS") subsidiary, dba Drone Aviation, has been awarded a multi-unit, $8.4 million subcontract from a U.S. Government prime contractor for its Winch Aerostat Small Platform ("WASP") and related support services.
Based on current production scheduling, Drone Aviation anticipates the initial unit fulfillment under this subcontract to start in May 2022.
"Today's award for new WASP systems is a major endorsement of our unique, rapidly deployable tethered aerostat technology. It was the technology and operating advantages of our WASP aerostat that resulted in our selection for this award. We are excited to begin working with our new prime contractor partner on this program and to helping this important government customer meet their mission requirements, Our Sky Sovereign business unit enters 2022 with significant growing interest in its tethered aerial platforms for both government and commercial end-users. Although we have seen several contract awards delayed through the course of 2021, this award gives us reason to be optimistic that those delays will ease during 2022 and we are looking forward to achieving several new milestones in the coming months."
-Dan Hodges, Chairman and CEO of COMSovereign Holding Corp.
The WASP is a highly tactical and mobile aerostat system which can be operated by a crew of two and can provide day/night video, secure multi-frequency and multi-wave form wireless communication range extension capability from an unimproved site or while being towed. U.S. Army soldier-operated and DHS agent-operated WASP systems have accumulated thousands of flight hours across the U.S., Middle East and Africa. Operating at altitudes of up to 1,500 feet AGL, the WASP system can significantly extend Intelligence, Surveillance and Reconnaissance ("ISR") capabilities and secure communications in remote and austere locations. The systems can be rapidly configured to support a variety of mission requirements for days, weeks or months with customized payloads.
About COMSovereign Holding Corp.
COMSovereign Holding Corp. (Nasdaq: COMS and COMSP) has assembled a portfolio of communications technology companies that enhance connectivity across the entire network. By combining strategic acquisitions with organic research and development efforts, COMSovereign has built a U.S.-based communications solution provider able to deliver end-to-end 4G LTE Advanced and 5G-NR telecom solutions to network operators, enterprises, and governments.