Also helping lead the drive for more diversity in engineering is Cloud, a director of project engineering at Melbourne-based L3Harris Technologies Inc. and the chair of the L3Harris Employees of African Descent employee resource group, which has more than 1,300 members. We need to understand that diversity is a plus, not a negative, said Cloud, who worked at Lockheed Martin Corp. for 18 years before joining L3Harris 2½ years ago.
He said, in engineering at one time a profession dominated by white males diversity of gender, race, ethnicity and sexual orientation is crucial, and helps create diversity of thought that helps the creative process of engineering.
Global Hypersonic Technology Market to Reach $12.92 Billion by 2031
The global hypersonic technology industry analysis projects the market to have significant growth of CAGR 8.45% during the forecast period 2021-2031.
United States is expected to dominate the global hypersonic technology market with an estimated share of 54.1% in 2031.
China and Germany are the two most prominent countries having significant share in the hypersonic technology market.
The global hypersonic technology market is gaining widespread importance owing to the increasing demand of hypersonic weapons, growing global defense spending and rising territorial conflicts. Moreover, the increasing focus on super fast intercontinental travel, development of counter-hypersonic systems, and advancements in Scramjet technology for hypersonic missiles are other important factors that may propel the market growth in the coming years.
exactEarth Announces $6 Million Revolving Credit Facility from National Bank of Canada
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CAMBRIDGE, ON, April 26, 2021 /CNW/ - exactEarth Ltd. ( the Company ) (TSX: XCT), a leading provider of Satellite-AIS data services announces that it has entered into a new credit facility ( Credit Facility ) that provides for a $6 million secured revolving operating line with National Bank of Canada s ( NBC ) Technology and Innovation Banking Group. The Credit Facility is undrawn as of today s date. We are very pleased to partner with NBC on this important transaction and to further strengthen our financial foundation and flexibility, said Sean Maybee, CFO at exactEarth. This agreement is an important milestone that reflects the achievements we have made recently to generate strong revenue growth and positive Adjusted EBITDA, as well as confidence in our overall strategic outlook and growth potential.
Expanding Scope on Global cognitive electronic warfare system Market Manufacturers, Overview & Forecasts 2021-2028 – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
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The global airborne optronics market size is projected to grow from USD 1.4 billion in 2020 to USD 2.5 billion by 2025, at a CAGR of 12.7% from 2020 to 2025.
The market is driven by various factors, such as a growing fleet of commercial and combat aircraft and increased deployment of electro-optics in unmanned vehicles.
The airborne optronics market includes major players Northrop Grumman Corporation (US), Thales SA (France), Safran (France), FLIR Systems, Inc. (US), and Elbit Systems Ltd. (Israel). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect airborne optronics production and services by 7-10% globally in 2020.