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Aerospace news and aerospace widget


Tuesday, July 22, 2008 ( change date )


Boeing to buy Insitu
Boeing will buy Bingen-based Insitu, which designs, develops and manufactures unmanned air systems.
The Seattle Times Tuesday, July 22, 2008

Optessa Inc.: Steve Rodgers Joins the Optessa Advisory Board
EDMONTON, AB (MARKET WIRE) Optessa Inc. is proud to announce that Stephen I. Rodgers - president, GS Global Solutions has joined the Optessa team as a member of the Optessa Advisory Board. "We look forward to benefitting from Steve's experience and knowledge of the global auto industry from both business development and strategic perspectives to help expand our presence as the provider of choice for optimal sequencing and scheduling technology to auto OEMs and suppliers," said Vasu Netrakanti, Chief Executive Officer of Optessa.
Marketwire.com Tuesday, July 22, 2008

CyOptics Inc.: CyOptics Introduces 10Gb/s TOSAs With a Wide Operating Temperature Range of -40C to +90degC for DWDM Applications
LEHIGH VALLEY, PA (MARKET WIRE) CyOptics Inc., a leader in Indium Phosphide (InP) optical chip and component technologies, today announced the availability of its 10Gbps XMD TOSAs (Transmit Optical Sub-Assemblies) and TOSAs with integrated driver IC enabling DWDM 80km applications with an extended operating temperature range.
Marketwire.com Tuesday, July 22, 2008

Homeland Integrated Security Systems, Inc.: Homeland Integrated Security Inc. CT-150 Evaluation Helps Florida County Identify Potential Fuel Savings
ARDEN, NC (MARKET WIRE) Homeland Integrated Security systems, Inc. (PINKSHEETS: HISU) announced that the Company has received positive preliminary results from an evaluation of the Cyber Tracker CT-150 installed on a Southeastern U.S. county vehicle recently. County representatives installed the Company's low cost solution for standard GPS tracking applications on one of its trucks and observed the vehicle for two days.
Marketwire.com Tuesday, July 22, 2008

API Nanotronics Corp.: API Nanotronics Receives Two 2008 Nanotech Briefs ''Nano 50'' Awards
NEW YORK, NY (MARKET WIRE) API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced it received two of the 2008 NanoBriefs(R) Nano 50(TM) awards. Dr. Martin Moskovits, API's Chief technology Officer, was honored as a Nano 50 Innovator and API's SubWave(TM) UV Polarizers were honored with a Nano 50 product award.
Marketwire.com Tuesday, July 22, 2008

Symantec: Symantec Government Symposium 2008: Critical Connections on the Cyber Frontier
CUPERTINO, CA (MARKET WIRE) Symantec Corp. (NASDAQ: SYMC) today announced Symantec Government Symposium 2008, Symantec's annual event dedicated to the public sector and its partners. The event will bring together more than 500 government IT, security, and business professionals to discuss all aspects of information protection -- including storage management, endpoint security, virtualization, and backup and recovery -- as they relate to the public sector.
Marketwire.com Tuesday, July 22, 2008

Cray Inc.: Researchers Break Ground in Storm Prediction on Cray Supercomputer
SEATTLE, WA (MARKET WIRE) Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced that researchers from the University of Oklahoma's Center for Analysis and Prediction Storms (CAPS) used a powerful Cray XT3™ supercomputer housed at the Pittsburgh Supercomputing Center (PSC) to incorporate real-time radar data into their high-resolution thunderstorm forecasting model for the first time. This critical milestone in severe weather prediction, part of the annual National Oceanic and Atmospheric Administration (NOAA) Hazardous Weather Testbed (HWT) Spring Experiment, demonstrated an ability to predict
Marketwire.com Tuesday, July 22, 2008

Radiant Energy Corporation: Radiant Energy Corporation Provides an Update on Its Norwegian Operations
TORONTO, ONTARIO (MARKET WIRE) Radiant energy Corporation, (TSX VENTURE: RDT) ("Radiant" or the "Company"), the developer and marketer of the radiant de-icing systems, announced that its Norwegian subsidiary, Radiant Aviation Services europe AS ("RASE"), is in default of the terms of a loan from Innovations Norway, which has demanded repayment. The Company has begun initial discussions with the lender on behalf of RASE. The loan of NOK 9,000,000 ($1.8 million) is secured by a cash deposit of NOK 3,272,100 ($0.6 million) which the lender has taken possession of, a deicing facility located at the Oslo airport owned by RASE,
Marketwire.com Tuesday, July 22, 2008

Frontier income sinks on loan losses
Frontier Financial reported that its second-quarter profit tumbled 89 percent on increased provisions for loan losses. Net income sank to...
The Seattle Times Tuesday, July 22, 2008

Boeing to buy drone maker Insitu
Boeing agreed to buy partner Insitu to gain full control of the ScanEagle drone and expand in the $100 billion industry for unmanned systems...
The Seattle Times Tuesday, July 22, 2008

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