Tag: aerospace
Quickstep to provide composite aerostructures for Carbonix’s long-range drone production
Quickstep, Australia’s largest independent aerospace composite company, has secured a $2.34 million contract with Carbonix for the production and supply of composite aerostructures for Carbonix’s latest long-range drone.
BAE, Heart Aerospace join forces to develop batteries for hybrid regional aircraft
Aerospace and defence company BAE Systems is partnering with Swedish startup Heart Aerospace to develop the battery system for Heart’s ES-30 regional hybrid electric aircraft.
Sidus Space and Markforged are sending a 3D-printed satellite to space
Aerospace company Sidus Space has recognised additive manufacturing’s capability as a highly effective tool to optimise weight in systems designed to reach space, with the development of a 3D-printed satellite set to launch in 2023.
Orbital UAV to complete UAV engine project for Singapore customer
Australian drone manufacturer Orbital UAV said it secured a $2 million contract with a major Singapore customer to continue and complete a multi-fuel unmanned aerial vehicle (UAV) engine program.
Additive manufacturing, material market could surpass $183b by 2032 – report says
The market for additive manufacturing (AM) and materials could reach USD 183 billion (AUD 275 billion) by 2032, a 21.2 per cent spike in CAGR, as a result of the growing popularity of 3D printing, according to a market report from Future Market Insights.
Report: Additive manufacturing industry sees growth, revenues to hit $25b by 2025
The additive manufacturing (AM) market is predicted to grow at a rapid pace, by roughly 23 per cent, to $13.5 billion (AUD 20.2 billion) in 2022, and is projected to be worth $25 billion (AUD 37 billion) by 2025, based on the most recent market statistics by SmarTech Analysis.
Queensland’s Ferra Engineering to expand Indian presence with new partnership
Ferra Engineering has signed a partnership agreement with Indian precision engineering company Dynamatic Technologies to enhance scale and capabilities in strategic aerospace manufacturing.
Hypersonix tapped by key US defence accelerator for test vehicle
Australian aerospace startup Hypersonix Launch Systems has been drafted into the US Defense Innovation Unit’s accelerator program after being chosen to provide hypersonic vehicles for testing.
UIUC engineers bring composite additive manufacturing tech to campus
The University of Illinois Urbana-Champaign has added a new additive manufacturing machine by Continuous Composites to its campus in an effort to print large and lightweight structural composites like those used in aerospace structures.
Global 3D printing high-performance plastic market expected to grow at 8.5% CAGR by 2029
The market for high-performance plastics used in 3D printing is expected to expand significantly between 2023 and 2029, with a compound annual growth rate (CAGR) of 8.45 per cent, reaching a value of USD 184.5 million by that year, according to market research firm BlueWeave Consulting.
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