Nikon, witnessing a surge in its businesses, is looking to market its metal 3D printers to the U.S. defense and aerospace market. In an interview with Bloomberg TV on Wednesday, Muneaki Tokunari, president and chief financial officer at Nikon, said the Japanese optics and imaging firm is “betting on many things,” one of which is...
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Tag: aerospace and defense
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Safran Bids to Purchase Preligens to Boost AI Capabilities; Olivier Andries Quoted
Safran is negotiating to fully acquire Preligens, a geospatial company focused on artificial intelligence for defense and aerospace, for $236.2 million. Established in 2016, the Paris-based Preligens generated $30 million in sales in 2023. The company has about 220 employees, with 140 engineers assigned to research and development. Its product portfolio delivers high-end imagery, video...
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Thales Works With Clavister, Blackthorn to Develop New Cyber, Defense Solutions
Thales has signed an agreement to bolster cyber collaboration and explore new business opportunities in Sweden with Clavister and Blackthorn. The three parties finalized a memorandum of understanding to develop new cybersecurity and defense solutions for their existing customers. Thales said the partnership will advance joint efforts to meet Swedish customers’ requirements for enhanced networking,...
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GE Aerospace Unveils Istanbul Tech Center to Support Global, Regional Customers
GE Aerospace has unveiled a Turkey Technology Center in İstanbul to support its global and regional customers. The company said the new campus in Kartal district will house 400 skilled technicians, enhancing its engineering, innovation, research and manufacturing capabilities in Turkey and helping advance the West Asian country’s defense programs. GE Aerospace established a TTC...
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Space Engine Systems Wins Spot in $1.27B Program to Develop UK’s Hypersonic Capabilities
Space Engine Systems has secured a spot in a $1.27 billion program designed to develop the United Kingdom’s first hypersonic missile. Following its selection, the Edmonton-based aerospace company will be eligible to compete for contracts under Defence Equipment & Support’s Hypersonic Technologies and Capability Development Framework agreement. The framework will accelerate the development of the...