Page 3 - Aerospace

Karnataka-based Aequs bags Airbus contract to supply aircraft components

Karnataka-based Aequs will make parts for wings, fuselage, and pylons for Airbus' A320, A330neo, A350 aircraft

Raymond Group to acquire 59% stake in Maini Precision for Rs 682 crore

The acquisition will be concluded through Ring Plus Aqua, a subsidiary of JK Files and Engineering

Raymond Group to acquire 59.25% stake in Maini Precision for Rs 682 cr

With this acquisition, Raymond's engineering business will emerge as a large‐scale provider of engineering, automotive, electric vehicle (EV), aerospace and defence components

CSIR-NIIST, HAL sign MoU to strengthen indigenisation in aerospace sector

Kerala-based CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST) signed an MoU on Thursday with Hindustan Aeronautics Ltd (HAL), Bengaluru for a collaboration in the nation's aerospace and defence sectors, NIIST said. NIIST said that it would be collaborating with HAL on strengthening the indigenisation and import substitution programme for the nation's aerospace and defence sectors, as envisioned by the Atmanirbhar Bharat initiative. The MoU, signed and exchanged in Bengaluru, involves the development of magnesium and aluminium alloy castings and deals with related areas for the aerospace and defence sectors, it said in the release. The Memorandum of Understanding (MoU) was signed in the presence of senior scientists and officials from both organisations, the release said. "The MoU facilitates CSIR-NIIST to collaborate on human resource utilisation, facility utilisation, technology support services, consultancy services and collaborative research work

Aequs raises Rs 448 cr in funding round led by Singapore's Amansa Capital

Aequs, which operates a precision manufacturing platform in aerospace and other verticals, will use the growth capital to launch a new Advanced Technology Products (ATP) vertical

HAL, Safran Aircraft sign MoU for commercial engine parts manufacturing

Hindustan Aeronautics Limited and Safran Aircraft Engines have signed a Memorandum of Understanding (MoU) to develop industrial cooperation in ring forging manufacturing for commercial engines. HAL will produce LEAP (Leading Edge Aviation Propulsion, powering Airbus A320 Neo family and Boeing 737 Max) engine forgings at its Foundry & Forge facility here as part of the MoU. The MoU was signed by CEO (Bangalore Complex), HAL, Mihir Kanti Mishra, and Senior Vice-President (Purchasing), Safran Aircraft Engines, Dominique Dupuy, in Bengaluru in the presence of key officials from both companies on Thursday. "Safran is a long-standing partner, especially on our Helicopter programmes, as evidenced by the joint development of the "Shakti" helicopter engine. We are also going to codesign and coproduce the next generation IMRH engine with Safran. We are proud to take this partnership to another level, and to develop our skills in key technologies", Chairman & Managing Director ...

MS Dhoni-backed drone startup Garuda Aerospace raises funding of Rs 25 cr

"This fresh capital infusion will play a crucial role in accelerating our growth and enhancing our capabilities to meet the escalating market demand," said Agnishwar Jayaprakash

Skyroot unveils Vikram-1 rocket, set to launch satellites early next year

Space start-up Skyroot Aerospace on Tuesday unveiled its indigenously built Vikram-1 rocket which is expected to deliver satellites to low earth orbit early next year. Science and Technology Minister Jitendra Singh also inaugurated 'The MAX-Q Campus', the new headquarters of the start-up at the GMR Aerospace and Industrial Park at Mamidipally in South Hyderabad. Singh toured the Skyroot headquarters spread across 60,000 sq ft and billed as the country's largest private rocket development facility under one roof. Vikram-1 is a multi-stage launch vehicle with a capacity to place around 300 kg payloads in Low Earth Orbit. It is an all-carbon-fibre-bodied rocket that can place multiple satellites into orbit and features 3D-printed liquid engines. Planned to be launched in early 2024, Vikram-I will be Skyroot's second rocket, after the successful launch of the Vikram-S rocket on November 18 last year. Skyroot's new headquarters houses integrated design, manufacturing and testing facili

Chennai firm Data Patterns inks strategic MoU with Isro, to acquire SAR

SAR technology is capable of generating high-resolution images from space, unaffected by weather conditions, and can collect data during both day and night

Goodluck India to expand Defence & Aerospace wing by raising Rs 96 crore

Goodluck Defence and Aerospace Private Ltd will manufacture machinery for the defence and aerospace industry

Boeing comes out with 'Aatmanirbhar Bharat' approach for P-8I aircraft

US aerospace major Boeing on Thursday outlined its plan for enhancing engineering, manufacturing, and sustainment capabilities of the P-8I long-range maritime surveillance and anti-submarine warfare aircraft in India, eyeing an additional order of six planes. At present, the Indian Navy has 12 P-8I aircraft. The company said it had already generated a substantial economic impact, amounting to USD 1.7 billion to support the current P-8I aircraft fleet in service with the Indian Navy. Boeing said it envisions that increasing the P-8I fleet to 18 aircraft will increase investments, approximately USD 1.5 billion, while creating further indigenisation opportunities within India's aerospace and defence sector by 2032. "Boeing's commitment to advancing the Aatmanirbhar Bharat vision drives our dedication to the P-8I fleet," said Salil Gupte, president of Boeing India. "As we respond to the Indian Navy's need for more P-8I aircraft, we are actively looking to enhance engineering, ...

IndiGo to use tech to keep check on pilot fatigue, trial in next few months

It will also conduct a proof-of-concept trial for this system to assess the alertness of pilots over the next few months

Aeroflex Industries in talks to enter aerospace sector, says top official

Following the recent success of its lunar mission, India launched its first solar mission, the latest step in its efforts to increase its share of the global satellite launch market by fivefold

Honeywell will double its India business in next 3-5 years: Ashish Modi

Modi talks about the key trends shaping the industry and growth drivers for the company, in a face-to-face interview with Ayushman Baruah in Bengaluru

BITS Pilani Hyderabad to set up wind tunnel facility for aerospace research

BITS Pilani on Monday said a wind tunnel facility will be set up at its Hyderabad campus for aerodynamic testing and research. The facility is expected to be completed next year, the institute said. With the ability to recreate wind speeds of up to 220 kilometres per hour, the BITS Pilani wind tunnel will provide insights into the dynamics of flight, the institute said in a statement. The tunnel will be able to test aerodynamic effects on a diverse range of subjects, including full-scale drones, automobiles, parachutes and electric vehicle battery management systems. "Leading educational institutions have already seen successful drone startups emerge, such as Ideaforge from IIT Bombay and BotLab Dynamics from IIT Delhi. We envision BITS Pilani joining these institutions in spearheading the development of frontier technologies in drones, UAVs, and space," BITS Pilani Director of Hyderabad campus and off-campus programmes and industry engagement, Prof G Sundar, said. The wind tunnel

India offers 'tremendous possibilities' for aerospace players, says Scindia

Highlighting the growth potential of India's aviation sector, Union minister Jyotiraditya Scindia on Friday said now is the time for aerospace players to look at leveraging the opportunities in the country. Amid the global aviation segment facing headwinds of geopolitical issues and supply chain woes, the civil aviation minister also said India is the "promised land" that can help offset the risks. The minister was speaking at the International Aerospace Conference on the theme 'Moving Towards Inclusive Global Value Chain' in Gwalior, which is also his home constituency. The country is one of the fastest aviation markets in the world, Scindia said adding that the number of air passengers is expected to reach 42.5 crore by 2035 from the current level of 14.5 crore. "India has tremendous capabilities, possibilities for all of you (aerospace players)... Time has come for all of you to think afresh," he emphasised. "Now, it is time for aerospace industry players to supplant themselves

MTAR Tech surges 23% in 2 days on receiving Defence Industrial Licence

MTAR Tech is targeting a revenue growth of 45 per cent to 50 per cent in FY24, backed by robust order book with an Ebitda of 28 per cent

Skyroot expects to double its rocket launches amid Chandrayaan-3's success

"From 2024 and later, we're looking at at least two launches per year and will probably ramp up as we move further," said Chandana

Haveus Aerotech signs MoU with HAL to explore biz opportunities in aviation

AircraftO services provider Haveus Aerotech India on Friday said it has signed an initial pact with Hindustan Aeronautics Ltd for exploring business opportunities in the civil aviation sector both in the domestic and international markets. The memorandum of understanding (MoU) signed with HAL Accessories Division Lucknow (ADL), which is into manufacturing of aircraft systems and accessories for aircraft, helicopters and engines, as per the statement. Under the collaboration, the two partners will share the experience and capabilities of each other relating to the needs of the civil aviation sector focusing on aerospace applications with a larger perspective of making India Atmanirbhar in the sector and furthering the Government's 'Make & Maintain in India' Policy, Haveus said. "The MoU would mutually help us to explore business opportunities nationally as well as internationally in the civil aviation sector, said Anshul Bhargava, Chairman and Managing Director of Haveus Aerotech ..

Embraer sees opportunity to partner with India for aerospace development

Brazilian aircraft maker Embraer sees a good opportunity to partner with India to develop a strong aerospace industry in both the countries by synergising their strengths, company President and CEO Francisco Gomes Neto said on Friday. The challenges in the global supply chain brought by the pandemic also brings about opportunities to develop new partnerships in order to develop resilience, he said while speaking at a panel discussion at the B20 Summit India 2023. "India has a very competitive labour cost. India has the availability of engineering, design, (and) technical expertise, and we from Embraer, we have knowledge and experience to develop, certify and manufacture aircraft. So it seems to be a good opportunity to have collaboration," Neto said. He further said, "I'm sure we can bring both things together, create a strong aerospace industry on both sides." Neto stressed that there are a lot of opportunities among the G20 nations for collaboration but it should be "more effecti