TCOM Holdings Announces Acquisition of Aerostar
The acquisition will Solidify TCOM Holdings’ Global Leadership Position in Persistent Surveillance Platforms and Leading-Edge Radar and Sensor Systems.
News
Aerostar Provides Cellular Connectivity from the Stratosphere Via Thunderhead Balloon System
Aerostar and Abside Networks successfully demonstrated 4G LTE connectivity from the stratosphere in a series of test flights. Raven Aerostar's Thunderhead Balloon System provided connectivity through Abside's HAPS-RAN product line.
Aerostar Awarded $3.6M Radar Subcontract
Aerostar has secured a subcontract with a value of $3.6 million for products to TCOM L.P. for the KSA Modified Persistent Surveillance Systems - Tethered (PSS-T) Large Systems in a deployed location under a Foreign Military Sales program with the U.S. Army.
CNH Industrial completes the acquisition of Raven Industries
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) has completed its acquisition of Raven Industries, Inc., a U.S.-based leader in precision agriculture technology. The acquisition builds upon a long partnership and is an important milestone in CNH Industrial's digital transformation.
Aerostar Awarded Prime Contract for Stratospheric Balloon Systems & Services
Aerostar announced that Defense Innovation Unit (DIU) has awarded a contract to provide robust high-altitude capabilities for the U.S. Department of Defense. DIU is focused on exclusively fielding and scaling commercial technology for use across the U.S. military.
Raven Industries Gives $150,000 to South Dakota Mines for New Scholarship and Avionics Upgrades
South Dakota Mines’ Department of Electrical Engineering has received $150,000 from Raven Industries (NASDAQ:RAVN) to support the university’s new minor in avionics. The gift endows a Raven Aerostar scholarship to support students in the avionics program. It also allows the department to buy equipment for improved design, test and prototyping capabilities for high-speed electronic circuits needed in aircraft and space avionics applications.