The Sikorsky Innovations Entrepreneurial Challenge, now in its second year, saw a significant increase in entries over last year, a sign that the competition is gaining interest among its target audience: entrepreneurial companies looking “to understand some of the toughest issues facing the vertical flight community and to identify their technology as relevant to one or more of these issues.” The Challenge is open to any small company with revenue under $5 million, including newly formed and pre-revenue entities.
Sikorsky Innovations launched its third Entrepreneurial Challenge on Wednesday at Heli-Expo ’13. The competition is designed to identify and accelerate growth for companies in the rotorcraft segment with revenues under $5 million, including newly formed and pre-revenue entities.
Avtrak, an aviation maintenance tracking and consulting firm based in Englewood, Colo., has announced the addition of three international offices within the past 12 months, in Toluca, Mexico; São Paulo, Brazil; and Amsterdam in the Netherlands. The facilities join the company’s U.S. locations, which include Wichita, Boston and Dallas.
Avtrak and Midcoast Aviation have reached an agreement by which Avtrak will provide technology that will automate the information flow through Midcoast Aviation’s MRO processes, said Dennis Steinbeck, v-p of business development for Littleton, Colo.-based Avtrak. More details about the agreement are to be announced by Avtrak (Booth No. 2137) here.
“We are one of the fortunate companies that have been expanding during one of the worst times in our industry,” Dennis Steinbeck, v-p of business development for Avtrak, told AIN. The company offers maintenance management software, consulting and logbook services to corporate aviation. “More than a year ago we began to focus on the market in Mexico.
AircraftPost.com has added two new data points to its online information system for the medium through long-range business jet market.
Pre-owned business jet prices are down 40 percent from the heights of 2008 and are now on average 15 percent below “market value,” AircraftPost president Dennis Rousseau said in a recently released white paper.
Northstar Aerospace Turbine Engine Service Group has a new name: Mint Turbines. Operations and personnel of the turbine engine repair and overhaul facility in Stroud, Okla., remain as before privately owned Mint Turbines acquired Northstar on May 27. Northstar specializes in maintenance, repair and overhaul of Pratt & Whitney Canada PT6A and PT6T turbine engines. Mint Turbines (Booth No.
The old saw “If we don’t have it, you don’t need it” could conceivably have been first uttered by a Duncan Aviation employee. “Vast capacity” would be a fair assessment of what this giant in the MRO industry offers.
Last month AeroVironment’s RQ-11B Raven B small unmanned air vehicle (SUAV) passed its initial operational test and evaluation. It is already in high-rate production, having been awarded an initial production contract in last October for use by the U.S. Army and U.S. Special Operations Command (SOCOM). Full-rate production is expected next year, but by then the Raven B will already be widely deployed.