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Press Release Database
Recent press releases, indexed by topic.
Finance · Aerospace & defense
COCONUT CREEK, Fla., Aug. 27, 2026 -- Willis Lease Finance Corporation (NASDAQ: WLFC) ("WLFC" or the "Company"), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced the expansion of its global maintenance offering through the purchase of land to build a new Willis Engine Repair Center® (“WERC®”) in Johor, Malaysia.
Aug 27 · 08:30·GlobeNewswire
Aerospace & defense
MUNICH, August 27, 2026--VANEA Defence today unveiled ATOMZA, the world’s first drone defence system designed for civilian deployment that can be operated by private organisations without sovereign enforcement powers. The system opens up a previously inaccessible market for active counter-UAS solutions, which until now have largely been restricted to public security authorities legally authorised to intervene against drones. ATOMZA will make its public debut at Drone Days in Bremen, Germany, on
Aug 27 · 06:49·Business Wire
Finance · SaaS
Tonner Drones acquires Azur Drones to create a leading European autonomous Drone-in-a-Box platform for defense, security and critical infrastructure.
Aug 27 · 06:15·GlobeNewswire
Education · Travel
Collaboration will study how Electra's Ultra Short aircraft can create faster, quieter, and more direct connections between Helsinki and Tallinn, where 7.5 million people travel each year HELSINKI, Aug. 27, 2026 -- Electra today announced the signing of a Memorandum of...
Aug 27 · 04:52·PR Newswire
Finance · Aerospace & defense
Philadelphia, Pennsylvania--(August 26, 2026) - National plaintiffs' law firm Berger Montague PC announces an investigation into the Board of Directors of AeroVironment, Inc. (NASDAQ: AVAV) ("AeroVironment" or the "Company") for potential breaches of fiduciary duties owed to the Company and its shareholders. The investigation is focused on whether AeroVironment improperly concealed its exposure to competition for work under the U.S. Space Force's Satellite Communication...
Aug 26 · 16:21·Newsfile
SaaS · Aerospace & defense
SAN JOSE, Calif. & RESTON, Va., August 26, 2026--Virtana, provider of the deepest and broadest Agentic Observability Platform for hybrid, multicloud, and air-gapped environments, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as Virtana’s Public Sector distributor, making the Virtana Agentic Observability Platform available to the Public Sector through Carahsoft’s reseller partners and NASA S
Aug 26 · 16:00·Business Wire
Travel · Aerospace & defense
MOUNTAIN VIEW, Calif., August 26, 2026--Wisk Aero, an autonomous aviation company, today announced the groundbreaking of a new state-of-the-art vertiport at Hollister Municipal Airport in California. The facility is one of the first public airport vertiports designed to support both piloted and autonomous operations in the United States.
Aug 26 · 15:00·Business Wire
Education · Aerospace & defense
London, Ontario, Aug 26, 2026 - ITPS Canada Ltd., together with its subsidiaries, the International Test Pilots School (ITPS) and the International Tactical Training Centre (ITTC), has achieved accreditation under NATO Flight Training Europe (NFTE), following a comprehensive evaluation of its training capabilities and operating environment.
2026 School Photo at International Test Pilots School
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The accreditation marks an important milestone for ITPS Canada, providing independent recognition of the standards underpinning its international aerospace training operations. NATO Flight Training Europe is a multinational initiative designed to provide NATO nations with access to a network of high-quality military aviation training capabilities.
ITPS Canada's accreditation places the organization within the NFTE framework and provides participating NATO air forces with a more direct mechanism to access accredited training delivered by ITPS and ITTC, spanning specialist flight test and aerospace training as well as advanced military flying and tactical training.
International Tactical Training Centre in North Bay, Ontario
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"This accreditation reflects how ITPS Canada has continued to grow while remaining focused on the standards and capabilities that have earned the trust of customers around the world," said Giorgio Clementi, Executive Chairman, ITPS Canada Ltd. "We have continued to invest in our people, aircraft, simulation, infrastructure, and training methodologies to meet increasingly complex requirements. NFTE accreditation is an important endorsement of that investment and of the professional framework we have built across ITPS and ITTC."
The NFTE accreditation process assesses training providers against demanding criteria spanning aviation safety, training quality, governance and supervision, regulatory compliance, operational delivery, infrastructure, and duty of care. Accreditation provides customers with additional assurance that ITPS Canada's training environments meet the standards expected for military aviation training within the NATO framework.
ITPS provides specialist flight test and aerospace training for test pilots, flight test engineers and associated specialists. ITTC, based in North Bay, Ontario, provides advanced military flying and tactical training for fighter aircrew preparing for increasingly complex operational environments.
International Test Pilots School in London, Ontario
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Together, these capabilities represent a growing Canadian sovereign pilot training capability, expanding the capacity available within Canada to support domestic, NATO and Allied air force requirements. ITTC's investment in advanced training capabilities, including the Leonardo M-346 Block 20 Advanced Jet Trainer, further builds Canada's domestic training capacity while strengthening ITPS Canada's ability to support the requirements of modern air forces.
"This accreditation recognizes the professionalism, discipline and operational focus that define both ITPS and ITTC," said Dave Lohse, CEO, ITPS Canada. "Our teams have worked diligently to build training environments that meet the highest international standards, with safety underpinning everything we do. We are proud to support NATO and Allied partners while contributing to the readiness and interoperability required for collective defence."
"CCC is pleased that ITPS has achieved NATO's accreditation, a significant milestone that reflects the company's world-class expertise, innovation, and commitment to excellence in pilot training. This recognition positions ITPS for continued growth with Canada's allies and like-minded nations. We look forward to securing more government-to-government (G2G) contracts with ITPS to help expand the reach of their training around the world." - Bobby Kwon, President and CEO of CCC.
As NATO and Allied air forces face growing demand for highly qualified aircrew, ITPS Canada will continue investing in its aircraft fleets, synthetic training systems, instructional capability, facilities, and people. Through ITPS and ITTC, the organization is positioned to contribute additional training capacity across the Alliance and support the operational readiness of NATO and Allied air forces.
ITPS Canada extends its appreciation to NATO Flight Training Europe and the Accreditation Team for their thorough evaluation and continued collaboration.
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Media Contact
Sheila Hodgson
Director, Sales and Marketing
press@itpscanada.com
Aug 26 · 13:59·ACN Newswire
Finance · Industrial
PMGC Holdings Terminates Previously Announced Acquisition LOI Following Due Diligence Review; Reaffirms Disciplined M&A Strategy and Expands Investment Acr
Aug 26 · 12:17·GlobeNewswire
AI · Aerospace & defense
Sovereign Agentic AI solution automates aircraft maintenance lifecycles, drives operational efficiencies, and sets new benchmark for heavy asset tracking
Sovereign Agentic AI solution automates aircraft maintenance lifecycles, drives operational efficiencies, and sets new benchmark for heavy asset tracking
Aug 26 · 12:00·GlobeNewswire
Aerospace & defense
HIGHLIGHTSFirst drill assay results from the 2026 Crater Lake drilling program confirm TG deposit grade intersected as shallow as 7.3 m downhole;A new high-density, low-altitude drone magnetic survey has identified a magnetic corridor running close to 5 km, from the south of the STG zone to the northern limit of the TG deposit. About 3 km of that corridor runs from the southern limit of the Discovery Area to the north of the TG deposit;An updated mineral resource estimate is targeted for before...
Aug 26 · 11:33·Newsfile