$1.3 billion contract will enable continued design maturation and aircraft integration 

EAST HARTFORD, Conn., Sept. 30, 2024 /PRNewswire/ — Pratt & Whitney, an RTX (NYSE: RTX) business, has been awarded a contract valued up to $1.3 billion to continue work on the F135 Engine Core Upgrade (ECU), which will deliver enhanced durability to the engine. The ECU also provides power and cooling for Block 4 and beyond capabilities for all three variants of the F-35 global enterprise.

“This contract is critical to continuing our positive forward momentum on this program,” said Jill Albertelli, president of Pratt & Whitney’s Military Engines business. “It allows us to continue work in the risk reduction phase with a fully staffed team focused on design maturation, aircraft integration, and mobilizing the supply base to prepare for production.”

In July, Pratt & Whitney announced it had completed the F135 ECU’s preliminary design review which signified the alignment between Pratt & Whitney and the F-35 Joint Program Office on the upgrade’s design. Today, more than 700 engineers and program managers are working full-time on the program.

“We are fortunate to have bipartisan and bicameral support from our congressional advocates, especially the Connecticut and Maine delegations led by senior appropriators Sen. Susan Collins and Rep. Rosa DeLauro,” said Jeff Shockey, senior vice president of RTX Global Government Relations. “Their steadfast commitment to the F135 ensures it will deliver critical capabilities for decades to come.”

The F135 program is a major driver of economic growth in the states of Connecticut, Maine, and around the country; supporting more than 57,000 jobs across 43 states.

To date, Pratt & Whitney has delivered more than 1,200 F135 production engines, with more than 900,000 engine flight hours recorded. The F135 ECU will be incorporated into F-35s at the point of production or retrofitted at one of the multiple F135 depot sustainment facilities around the world and will be available to all F-35 operators.

About Pratt & Whitney 
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more visit www.prattwhitney.com.

About RTX 
With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

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SOURCE RTX

New Hires Include Chief Operating Officer, Development and Client Services Team Members

CHICAGO, Sept. 30, 2024 /PRNewswire/ — Chicago-based technology company RedMane is expanding its team in Chicago and throughout the U.S. and Canada as it introduces new capabilities for its comprehensive child welfare information system (CCWIS) platform.

RedMane’s expansion initiative aligns with the explosive growth of its CCWIS business and the firm’s investment in its mCase solution, a purpose-built health and human services platform that improves client outcomes, saves casework administrative time, and reduces burnout. New hires include new chief operating officer Marc Campbell, who joined RedMane earlier this year, most recently serving as senior vice president and business unit leader at CGI. RedMane expects to add further to its teams throughout North America, totaling more than 400 by the end of the year. Open positions can be viewed at RedMane.com.

RedMane’s CEO, Cem Tanyel, underscored that the staff’s commitment to child and adult welfare outcomes drives them to create new and innovative solutions for caseworkers.

“We’ve experienced significant growth and client success in the past several years due to the hard work of our team, and our commitment to people-first problem-solving, which always drives our achievements,” said Tanyel. “Our culture is firmly anchored in mutual respect, collaboration, development of team members, and commitment to our clients. By staying true to these values, we’re able to deliver innovative solutions that serve both our clients and the broader communities they serve.”

Additionally, Tanyel said RedMane expects to release more capabilities for mCase in November.

“In an incredibly competitive industry, we think mCase is the best health and human services platform in the marketplace,” said Tanyel. “We continue to invest heavily in our platform and our team, enhancing the platform and realizing significant advancements.”

About RedMane
Since 2000, RedMane has created solutions to help health and human services organizations implement, modernize, and optimize systems for child support, child welfare, and critical case management. RedMane has successfully developed systems for the adult protective services, benefits eligibility, veterans’ services, student loans, and financial aid sectors. Client partners throughout North America include the U.S. states of Alaska, California, Florida, Louisiana, Mississippi, Missouri, New Mexico, and South Dakota, along with Indigenous Peoples communities, the U.S. Virgin Islands, Puerto Rico, Canadian provinces, and First Nations communities. For more information, visit RedMane.com.

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SOURCE RedMane Technology

NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global 3D Printing in Low-Cost Satellite Market size is estimated to grow by USD 39.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  75.62%  during the forecast period. Rapid development and deployment of low-cost satellites is driving market growth, with a trend towards increasing number of space exploration missions  However, scalability issues associated with 3D printing in low-cost satellite manufacturing  poses a challenge – Key market players include Airbus SE, EOS GmbH, L3Harris Technologies Inc., Lockheed Martin Corp., Stratasys Ltd., and The Boeing Co..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Market Driver

The space industry witnessed significant advancements in 2023, with multiple space exploration missions launched by renowned organizations such as the European Space Agency (ESA) and the Indian Space Research Organization (ISRO). Notably, ESA’s Jupiter Icy Moons Explorer (Juice) mission was set to reach Jupiter by July 2031, while ISRO’s Chandrayaan-3 mission was successfully launched at a cost under USD100 million. Additionally, SpaceX launched 91 satellites using the Falcon 9 rocket. These milestones were accompanied by groundbreaking developments, including the first-ever 3D-printed rocket launch by SpaceX in Florida and two Starship test launches in Texas. The increasing number of space missions will fuel the demand for cost-effective satellites, thereby propelling the growth of the global 3D printing in low-cost satellite market in the forecast period. 

3D printing is revolutionizing the low-cost satellite market by enabling the production of housing, propulsion systems, and components for Nano and Microsatellites and Small Satellites. Advanced printer technology and materials from material suppliers are reducing satellite production costs for satellite manufacturers and space agencies. Budget-conscious space industry players are adopting 3D printing equipment for waste reduction and efficient production of satellite parts. This trend is particularly relevant for space exploration, satellite constellations, and small satellite missions. Components like antennas, brackets, and shields are being 3D printed for communication, Earth observation, navigation, internet access, telecommunications, broadcasting services, military operations, and more. Overall, 3D printing technology is transforming the space industry by making satellite manufacturing more accessible and cost-effective. 

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Market Challenges

The implementation of 3D printing in low-cost satellite manufacturing presents significant opportunities, but scalability remains a primary challenge. While 3D printing offers cost savings for creating small, complex components, its limitations in large-scale or high-volume production pose concerns. Three main scalability issues include printing speed, material compatibility, and post-processing challenges. 3D printers are slow in producing large and complex satellite parts, making it difficult to meet high-volume requirements within a short timeframe. Additionally, some materials required for low-cost satellite manufacturing are not compatible with 3D printers, reducing the available options. Lastly, post-processing steps, such as polishing, sanding, and painting, are labor-intensive and time-consuming, making it challenging to scale to high-volume production. These challenges may hinder the growth of the low-cost satellite manufacturing market during the forecast period.In the low-cost satellite market, housing, propulsion, and manufacturing challenges persist for Nano and Microsatellites and Small Satellites. Traditional satellite production methods face budget constraints, making 3D printing an attractive alternative. 3D printer technology, materials, and printing techniques offer solutions for satellite manufacturers and space agencies. Material suppliers are crucial for advanced printing technology, ensuring the production of high-quality satellite components. The space industry benefits from waste reduction through 3D printing, enabling space exploration and satellite constellations. Small satellite missions rely on 3D printing for producing essential components like antennas, brackets, and shields. Communication, Earth observation, navigation, internet access, telecommunications, broadcasting services, military operations, and more can be enhanced through satellite-based services made possible by this innovative technology. 3D printing equipment and materials are essential for producing satellite components, reducing costs and increasing efficiency. The use of 3D printing technology in satellite manufacturing is revolutionizing the space industry, enabling the production of complex structures and custom parts for various space applications.

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Segment Overview 

This 3d printing in low-cost satellite market report extensively covers market segmentation by  

Application 1.1 Aerospace and defense1.2 Scientific researchProduct 2.1 Power system2.2 Framework2.3 AntennaGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Aerospace and defense-  The demand for low-cost satellites is escalating in the aerospace and defense sectors due to the growing requirement for affordable and dependable satellite technology for various mission-critical applications. Small satellites, also known as low-cost satellites, offer several advantages over conventional, larger satellites. They have lower manufacturing and launch costs and faster deployment times. The global defense sector is witnessing a consistent increase in spending on defense, creating a significant market opportunity for low-cost satellites. For instance, the US Department of Defense (DoD) is investing in advanced technology and communication, surveillance, and reconnaissance capabilities by developing small satellites equipped with multiple sensors. The US government’s proposed budget for the fiscal year 2022 includes USD1.9 billion in funding for space programs, including low-cost satellite initiatives. One of the significant benefits of 3D printing in low-cost satellite and aerospace applications is the ability to produce parts with complex geometries, which cannot be manufactured using traditional methods. 3D printing also enables on-demand manufacturing, reducing lead times and streamlining supply chain processes. This capability is crucial in the aerospace and defense sector, where timely delivery is essential. For example, SpaceX, the space venture company owned by Elon Musk, has successfully launched Falcon 9 rockets with 3D-printed parts, significantly reducing the cost of its spaceflights. The use of 3D-printed low-cost satellites provides several benefits, including reducing manufacturing costs and timelines and enabling companies to send satellites into orbit more frequently. For instance, NASA launched the world’s first 3D-printed satellite in 2015, and Alba Orbital developed the PocketQube satellite in February 2022. The defense sector is also exploring the use of 3D-printed low-cost satellites. For example, the US Air Force (USAF) is collaborating with Aerojet Rocketdyne and 3D printing company Stratasys to develop 3D-printed rockets for space missions, aiming to reduce manufacturing time and cost to support military operations. In conclusion, the increasing application of 3D-printed low-cost satellites in the aerospace industry will drive the growth of the market during the forecast period. The benefits of 3D printing, such as reduced manufacturing costs and timelines and the ability to produce complex geometries, make it an attractive option for both commercial and defense applications. The global market for 3D printing in low-cost satellite manufacturing is expected to grow significantly in the coming years.

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Research Analysis

The 3D printing technology is revolutionizing the satellite manufacturing industry, offering significant cost savings and design flexibility. This innovation is transforming the space sector, enabling the production of lightweight, customizable satellite components and structures. The technology’s applications in satellite-based services are vast, including communication, Earth observation, navigation, internet access, telecommunications, broadcasting services, and military operations. 3D printers and printer technology are at the heart of this transformation, utilizing advanced printing techniques and materials from material suppliers tailored for space applications. These materials include high-strength composites, alloys, and polymers, ensuring durability and functionality in the harsh space environment. The space industry is embracing this technology, with satellite constellations being developed using 3D printed components. The benefits of 3D printing in satellite manufacturing extend to space exploration, enabling the creation of advanced printing technology for in-space manufacturing and reducing the need for extensive ground-based infrastructure. Overall, 3D printing is driving innovation and cost savings in the satellite market, paving the way for a new era of space applications.

Market Research Overview

The 3D printing technology is revolutionizing the small satellite market by enabling the manufacturing of satellite components with reduced budgets and lead times. This technology is being increasingly adopted for the production of Nano and Microsatellites and Small Satellites due to its potential to produce lightweight and complex structures. 3D printing is being used to create various satellite components such as antennas, brackets, shields, housing, propulsion systems, and more. The space industry is leveraging advanced printing technology to produce satellite constellations for various applications including communication, Earth observation, navigation, internet access, telecommunications, broadcasting services, military operations, and space exploration. The use of 3D printing reduces waste, streamlines production, and allows for customization of satellite components. Material suppliers and printer technology manufacturers are also investing in this space to provide suitable materials and equipment for satellite manufacturing. The space industry, satellite manufacturers, and space agencies are embracing this technology to overcome budget constraints and produce high-quality satellite components for various space applications.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationAerospace And DefenseScientific ResearchProductPower SystemFrameworkAntennaGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
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Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio