Aerospace and Defense Review : News

A significant obstacle to the expansion of the APAC aviation MRO industry is the pandemic, which is also fought in Japan and other Southeast Asian nations By 2028, the APAC aircraft MRO market is expected to grow at a CAGR of 5.7 per cent, from USD 15.61 billion to USD 23.07 billion. The growing use of blockchain technology accelerates market expansion. The aviation industry's MRO services are vital in ensuring the longevity, security, and financial success of both commercial and military carriers. To maintain their competitive advantage in the future, businesses must be adaptable in embracing new and popular technologies that will help them digitize their company processes and eliminate the need for human labour. Blockchain and other cutting-edge technologies enhance procedures in MRO firms. The MRO industry has enormous potential for this technology. Although blockchain technology hasn't been widely used yet, it will eventually play a significant role in the overall expansion of the APAC aviation MRO business. Businesses can keep track of the MRO component configuration information with the aid of blockchain technology. Additionally, this simplifies the documentation process between component makers and MRO service providers. By using blockchain, MRO service providers can also provide verifiable documentation regarding the components they have installed, maintaining operational transparency. The adoption of the technology is being heavily emphasized by stakeholders in the aviation sector, including aircraft manufacturers, aircraft MRO service providers, and aviation technology developers, to track their MRO processes. This aspect is expected to fuel the APAC aircraft MRO market in the upcoming years and will provide a significant future for the industry. Since new airports are planned to open in several nations, it is anticipated that APAC will recover more quickly than other regions. Wide-body and narrow-body jets, which were the main consumers of aftermarket goods and services, were retired by several regional airlines. For the upcoming few months, it is projected that this issue will restrain the market for aircraft MRO. This factor is expected to hinder the aviation MRO business in the coming months. For instance, Qantas withdrew its Boeing B747 in the middle of 2020 to deal with the financial strain of the COVID-19 pandemic. The same reason led Singapore Airlines to send a number of its Airbus A380 aircraft to long-term storage. Wide-body jet retirement and long-term storage are thus reshaping the aircraft MRO industry. In 2020, the commercial segment dominated the APAC aircraft MRO market based on end-users. Airlines that provide services for both passenger and cargo transportation make up the commercial aviation sector. The commercial aviation sector is experiencing an increase in demand for new aircraft due to rising air traffic and freight. To keep up with the rising demand for new aeroplanes and reduce backlogs, aircraft manufacturers are concentrating on making improvements to their production facilities. The demand for maintenance and repair services is anticipated to increase as the size of the commercial aviation industry's fleet grows. This will further boost the expansion of the APAC aircraft MRO market during the forecast period. ...Read more

Satellite technology is the driving force behind most of the advancements in the space sector. Most breakthroughs in the space sector are made possible by technological advances in satellites. Small satellites or smallsats, notably NanoSats, which drive the next generation of satellite capabilities, are the most significant satellite trends. In addition, the low cost of manufacturing smallsats paves the way for the mass manufacture of satellites. Satellite Internet of Things (IoT) is an additional significant trend that enables unparalleled connectivity across sectors and 5G and forthcoming 6G capabilities. Satellite makers and operators are simultaneously introducing technology advancements to ground stations and orbital services. Digitized payloads, propulsion systems, and technologies like artificial intelligence (AI) allow satellites to execute more complicated autonomous duties. Startups working on satellite manufacturing, operations, and services are building the groundwork for a new era of intelligent satellites, thanks to rising government and private investments. Small Satellites Small satellites with more intelligent and compact subsystems eliminate the requirement for huge satellites and supporting infrastructure. Commercial satellite operators deploy smallsat constellations in LEO to give global coverage with low latency. Small satellites are progressively positioned in LEO constellations for earth observation (EO) and remote sensing to produce improved insights for comparable motives. Satellite entrepreneurs accelerate this trend through mass manufacture, rocket ride-sharing with other missions, modular commercial-off-the-shelf (COTS) hardware, and standardized satellite buses. Satellite operators and owners can also save costs by vertically integrating satellite production. Satellite IoT The increasing need for satellite-enabled Internet of Things results from the satellites' greater coverage than the terrestrial infrastructure. Government and business sector investments in satellite technology for connected solutions are advancing satellite IoT technology. Commercial solutions deploy IoT sensors and devices for satellite-based, precise, real-time global asset tracking, monitoring, and remote surveillance. Advanced satellite devices and sensor technologies enable a new set of cloud and edge computing capabilities. Some of the most significant developments in satellite IoT have resulted from its military and defense applications. In extreme areas, terrestrial communication networks, for example, have limited coverage and frequently rely on the land and marine connections. Startups offer hybrid services utilizing satellite IoT as backhaul for current terrestrial networks, enhancing the infrastructure. In-Orbit Services Two key obstacles to satellite performance in space are being addressed by satellite technology companies: servicing orbiting satellites and cleaning space. Satellite operators utilize space situational awareness (SSA) to detect and remove space debris due to the exponential increase in space missions. Startups' self-destruction and other deorbiting technologies for decommissioning satellites are sustainable for the future of space. Increasing the lifespan of existing satellites is a second satellite technology that helps clear space. To service or modify satellites in orbit, startups and scaleups deploy mission extension vehicles, often known as space tugs. In addition to orbital transfer vehicles and payload and cargo delivery vehicles, additional in-orbit services consist of orbital transfer vehicles. By performing in-orbit satellite servicing and repairs, autonomous robotic technology improves the efficiency of satellite maintenance. ...Read more

Globalstar's low code, edge compute application enablement platform enables the development of new applications and solutions in a fraction of the traditional time and expense. “This newest innovation from Globalstar represents a continued commitment to IoT as a core business pillar. With Realm Enablement Suite, customers have the flexibility and agility they need to optimize data from their tracking devices and edge sensors,” comments Dave Kagan, Globalstar CEO. Globalstar, a major provider of mobile satellite services and connectivity, has unveiled its Realm Enablement Suite, an innovative range of satellite asset monitoring hardware and software solutions that includes a robust application enablement platform for processing smart data at the edge. With Realm, partners may expedite the launch of new solutions with AI-enabled applications that create a high level of telemetry data. By defining smart data at the edge, users transfer only the data they require through the highly dependable Globalstar LEO satellite network to the client endpoint, thereby decreasing transmission costs dramatically. Realm Enablement Suite introduces Integrity 150, the first solar-powered, deployment-ready satellite asset tracking device with an application enablement platform; the ST150M satellite modem module, which significantly simplifies product development; and the Realm application enablement platform, which provides tools and an extensive library for rapidly accessing and developing AI-enabled applications at the edge for vertical-specific solutions. "The end-to-end design of the new Globalstar Realm Enablement Suite ecosystem removes the technology barriers to profitable innovation in the tracking and industrial IoT space," states David Haight, VP of IoT. "Realm delivers greater speed and lower cost in both development and deployment by providing the flexibility to innovate with the power to host applications and process data on edge devices for faster action and enhanced performance. The Realm Enablement Suite is what our partners around the world have asked us for." Check Out This:  Maple Leaf Photonic  ,  Richardson Electronics ...Read more