Aerospace & Defense

ATI Sets November 12 Investor Day to Unveil New Growth Targets

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ATI Sets November 12 Investor Day to Unveil New Growth Targets

Dallas – – September 28, 2026 -- ATI Inc. (NYSE: ATI) will hold an Investor Day livestream on Thursday, November 12, 2026, running from 12:30 PM to 3:00 PM ET, during which company leaders will present new financial and strategic targets.

ATI leaders will detail transformation progress and competitive positioning

Executives are set to outline the company's transformation to date, its competitive advantages, and profitable growth opportunities across its core end markets. The session will conclude with the unveiling of new corporate targets, giving investors updated benchmarks against which to measure ATI's performance.

Webcast access will be available through ATI's investor relations site

The event will be webcast live via the News & Events section of ATImaterials.com/investors. An audio replay and full transcript will be posted following the presentation, allowing stakeholders unable to attend live to review the full proceedings.

Defense VC Grows Tenfold Since 2019 but Production Financing Lags Sharply

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Defense VC Grows Tenfold Since 2019 but Production Financing Lags Sharply

Boston – September 28, 2026 -- Private investors have committed seven dollars for every one dollar the US government has put toward production funding for new-entrant defense companies, a gap that risks stalling next-generation technology before it reaches frontline forces, according to a joint analysis released by Bain & Company and the Aerospace Industries Association (AIA).

The report, titled "The State of Investment in Defense: Unlocking Growth," draws on 50 stakeholder interviews conducted between April and August 2026 with prime integrators, new market entrants, suppliers and investors.

Star Catcher Preps Protostar for First Free-Flying Power Beaming Test

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Star Catcher Preps Protostar for First Free-Flying Power Beaming Test

Vandenberg Space Force Base, Calif. – September 28, 2026 -- Star Catcher Industries has its Protostar power node ready for launch aboard SpaceX's Transporter-18 mission, scheduled for October 2026, in an attempt to complete the first optical power beaming demonstration between two untethered spacecraft.

Protostar targets a power beaming feat never before achieved in orbit

Following launch and commissioning, Protostar will deploy and track a CubeSat, beaming measurable power to off-the-shelf solar panels on the target spacecraft. Success would mark the world's first optical power transfer between two free-flying spacecraft, validating the core technology stack Star Catcher intends to scale into a commercial orbital power grid: energy harvesting, satellite acquisition and tracking, and energy transmission.

TransDigm Closes $1.066B Acquisition of Prince & Izant

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TransDigm Closes $1.066B Acquisition of Prince & Izant

Cleveland – September 28, 2026 -- TransDigm Group Incorporated (NYSE: TDG) has completed its acquisition of Prince & Izant ("P&I") for approximately $1.066 billion in cash, including certain tax benefits, financed entirely through cash on hand.

TransDigm pays $1.066 billion cash to acquire aerospace brazing alloy maker

The deal, first announced on July 27, 2026, brings under TransDigm's umbrella a company formerly owned by private equity firm Industrial Growth Partners. Prince & Izant, headquartered in Cleveland, Ohio, designs and manufactures highly engineered brazing alloys and specialty metal components for advanced performance, high cost-of-failure applications.

Zulu Pods' ZPOD Lubrication System Passes AFRL Altitude Tests

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Zulu Pods' ZPOD Lubrication System Passes AFRL Altitude Tests

Coral Springs, Fla. – September 28, 2026 -- Zulu Pods, Inc. (ZPI) has completed altitude testing of its patented ZPOD lubrication system at the Air Force Research Laboratory (AFRL), recording bearing temperatures comparable to or lower than legacy systems on a 200 lbf class turbojet engine.

AFRL testing confirms no bearing degradation across mission-relevant flight conditions

ZPI's engineering team ran multiple test cycles on an engine OEM's turbojet, with post-test inspections by the OEM confirming no signs of bearing wear or concern. The milestone marks the first time the ZPOD has been validated under representative altitude conditions at a government facility, and the second OEM engine platform to successfully integrate the system following earlier ground testing.

MagLev Aero Wins Dual DARPA Awards to Fast-Track Drone Propulsion

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MagLev Aero Wins Dual DARPA Awards to Fast-Track Drone Propulsion

Boston – – September 25, 2026 -- MagLev Aero has secured concurrent contracts from the Defense Advanced Research Projects Agency under its Minimum Viable Product (MVP) and Embedded Entrepreneur Initiative (EEI) programs, providing non-dilutive funding to push its propulsion platform to Technology Readiness Level 6 (TRL-6).

DARPA funding targets flight-tested production for defense drones

The MVP award funds a full-scale, flight-relevant propulsion demonstration culminating in a TRL-6 test in an operational environment, aimed at de-risking adoption for airframers and OEMs building autonomous drones and crewed aircraft.

Senate Passes Twin Bills on Pilot Mental Health, Medication Rules

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Senate Passes Twin Bills on Pilot Mental Health, Medication Rules

Columbus, Ohio – September 25, 2026 -- The U.S. Senate has passed two aeromedical reform bills -- S. 3257, the John A. Hauser Mental Health in Aviation Act, and S. 3258, the Aviation Medication Transparency Act -- prompting the NetJets Association of Shared Aircraft Pilots (NJASAP) to press the House of Representatives for swift companion action.

NJASAP represents more than 3,800 professional pilots flying for NetJets Aviation, Inc., a Berkshire Hathaway (NYSE: BRK.A) subsidiary.

Aleut Federal Opens AV/VTC Demo Center in Colorado Springs

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Aleut Federal Opens AV/VTC Demo Center in Colorado Springs

Colorado Springs – September 25, 2026 -- Aleut Federal has built a dedicated audiovisual and video teleconferencing (AV/VTC) demonstration environment in Colorado Springs, Colorado, giving government and industry customers a simulated secure setting to test next-generation collaboration and video distribution technologies.

Q-SYS VisionSuite architecture automates camera control and speaker framing

The facility centers on a Q-SYS VisionSuite-enabled system that combines 17 points of biometric data with sound-positioning data from beamforming microphones. The system identifies and frames individual speakers, recalls scenes automatically, and adjusts cameras in real time without manual operation, producing a video feed for remote participants that mirrors an in-room experience.

Acron Aviation Extends Thales Singapore Repair Deal by Five Years

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Acron Aviation Extends Thales Singapore Repair Deal by Five Years

St. Petersburg, Fla. – – September 25, 2026 -- Acron Aviation has extended its Authorized Repair Center agreement with Thales Singapore by five years, establishing in-region repair and overhaul capability for its ACSS surveillance product line across Asia-Pacific.

Thales Singapore becomes sole APAC repair partner for ACSS surveillance systems

Under the renewed agreement, Thales Singapore will continue to perform repair and overhaul work on all ACSS surveillance products, including the T3CAS system. The facility previously served customers who required support from outside the Asia-Pacific region; the extension now anchors that capability locally.

Thomas Mouveaux, General Manager APAC for Aviation Global Services at Thales, said the company is the only Acron Aviation authorized repair partner for surveillance products in Asia-Pacific, citing ACSS's large regional market share in surveillance equipment.

Iridium Shareholders Approve $54-Per-Share Rocket Lab Merger

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Iridium Shareholders Approve $54-Per-Share Rocket Lab Merger

McLean, Va. – September 24, 2026 -- Iridium Communications Inc. (Nasdaq: IRDM) stockholders have formally approved the company's acquisition by Rocket Lab Corporation (Nasdaq: RKLB), clearing a critical hurdle for a deal valued at $54.00 per share on a notional basis.

Shareholders back the deal with overwhelming margin

At a special meeting, approximately 99.6% of votes cast supported the merger agreement, representing roughly 81.0% of Iridium's total outstanding common stock entitled to vote. Full voting results will be disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission.

Deal terms combine cash and stock in collared exchange

Under the agreement, Iridium stockholders will receive $27.00 in cash plus Rocket Lab shares calculated under an exchange ratio subject to a collar, for each share of Iridium common stock held at closing. The combined consideration carries a notional value of $54.00 per Iridium share.