Latest news with #Navigation
Yahoo
3 days ago
- Business
- Yahoo
Why Rocket Lab Shares Are Jumping Today
June 26 - Rocket Lab (NASDAQ:RKLB) shares jumped more than 7% Thursday morning after the company secured two launch contracts from the European Space Agency to deploy satellites for a test navigation constellation. The missions will carry a pair of small satellites designed to support the ESA's Low Earth Orbit Positioning, Navigation, and Timing (LEO-PNT) system. The satellites are being developed by two separate manufacturers, GMV and Thales Alenia Space, and are part of a broader 10-satellite initiative. The first satellite is scheduled for launch no earlier than December 2025. Both launches are required to take place before spring 2026, in order to meet frequency and orbital slot deadlines imposed by the International Telecommunication Union. Rocket Lab was selected largely due to its ability to meet the ESA's tight timeline. However, future launches for the full constellation, expected to include up to 300 satellites, will likely be awarded to European launch providers. Shares of Rocket Lab surged following the news, extending the stock's year-to-date rally to over 43% as of Thursday morning. While this contract may not guarantee long-term work with the ESA, it reinforces Rocket Lab's position as a responsive partner for timely satellite deployment. This article first appeared on GuruFocus. Sign in to access your portfolio
Time of India
6 days ago
- Time of India
DGCA Violations: DGCA Uncovers Major Violations in Indian Aviation Safety Checks, ET TravelWorld
Advt Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETTravelWorld industry right on your smartphone! Download the ETTravelWorld App and get the Realtime updates and Save your favourite articles. Aviation watchdog DGCA has detected multiple violations related to airlines, airports, aircraft maintenance works, and repeated defects in multiple cases during its surveillance at major airports, an exercise carried out in less than two weeks after the Air India plane crash Without disclosing names of the airlines, airports and other entities in relation to the defects, the regulator on Tuesday said surveillance covered multiple critical areas such as flight operations, airworthiness, ramp safety, Air Traffic Control (ATC), Communication, Navigation and Surveillance (CNS) systems, and pre-flight medical a faded centre line marking of a runway at an airport to non-updation of obstruction limitation data for three years to a scheduled carrier's domestic flight being held up due to worn tyres, the watchdog came across multiple defects in the aviation that the comprehensive surveillance will continue in future to detect hazards in the aviation ecosystem, the Directorate General of Civil Aviation (DGCA) said the findings have been communicated to the entities concerned for taking corrective actions within seven teams led by the Joint Director General carried out the surveillance during night and early morning hours at major airports, including Delhi and Mumbai a detailed statement about the surveillance findings, DGCA listed multiple cases wherein the reported defects reappeared many times on the aircraft indicating ineffective monitoring and inadequate rectification."Ground handling equipment such as baggage trollies... were found unserviceable; Line maintenance stores, tool control procedures were not followed," it maintenance of aircraft, the work order was not followed, DGCA said and added that the unserviceable thrust reverser system and flap slat lever were not locked."During maintenance, safety precautions found not (to have been) taken by AME (Aircraft Maintenance Engineer) as per AMM (Aircraft Maintenance Manual); at places, AME was not attending to the snag rectification; defect reports generated by the aircraft system, were not found recorded in the technical logbook," the statement DGCA found that several life vests were not properly secured beneath their designated seats in aircraft and the corrosion-resistant tape on the right-hand side winglet's lower blade was found to be an airport, centre line marking of a runway was observed faded and the rapid exit taxiway, green centre light were not unidirectional. The obstruction limitation data was found to have not been updated for last three years and no survey has been performed despite many new construction around the vicinity of aerodrome, DGCA names of the airports were not disclosed."A number of vehicles in the ramp area were found without speed governors. These vehicles were withdrawn by cancelling there AVP and drivers ADP were suspended," the statement the regulator said a simulator was found not matching with the aircraft configuration and that the software was not updated to the current a domestic flight of a scheduled carrier was held up due to worn tyres and it was released only after the required rectification was done, it emphasised that it has initiated a focused assessment of the aviation ecosystem to strengthen safety measures across the sector."Throughout the surveillance, ground activities and aircraft movements were closely monitored to check the compliance of regulatory requirements and to identify weak areas for improvement," the statement the wake of the crash of the London-bound Air India Boeing 787-8 plane soon after take off from Ahmedabad on June 12, DGCA has also put in place a special audit framework for a "360-degree" evaluation of the country's aviation ecosystem and transcend the current practice of siloed assessment.
Yahoo
23-04-2025
- Business
- Yahoo
FORMER U.S. DOT LEADER JOINS TERN TO ADVANCE ITS AI-POWERED GPS ALTERNATIVE
Diana Furchtgott-Roth Appointed to Advisory Board Amid Rising Global Pressures to Accelerate Satellite-Free Navigation Technology AUSTIN, Texas, April 23, 2025 /PRNewswire/ -- Tern, the developer of the AI-powered navigation IDPS™ (Independently Derived Positioning System), announced today that Diana Furchtgott-Roth, a nationally recognized transportation economist and former Deputy Assistant Secretary at the U.S. Department of Transportation (DOT), has joined its Advisory Board. A long-time advocate for resilient and scalable alternatives to satellite-based positioning, Furchtgott-Roth brings decades of expertise at the intersection of transportation policy, infrastructure, and innovation. Her work at the DOT included leading national efforts to evaluate Positioning, Navigation, and Timing (PNT) technologies in response to increasing threats to GPS from outages, spoofing, and satellite vulnerability. "Diana brings unmatched credibility and clarity on the urgent need for a GPS alternative," said Shaun Moore, Tern CEO and Co-Founder. "Her leadership will be instrumental as we expand IDPS™ across commercial automotive , fleet, defense, and infrastructure sectors." Her appointment comes at a time of escalating geopolitical pressure. U.S.-China relations are under renewed strain, not just economically through rising tariffs, but geopolitically as tensions deepen across the Indo-Pacific. These pressures underscore the vulnerability of U.S. infrastructure that remains critically dependent on satellite-based systems. As trade frictions grow, so does the likelihood of adversarial disruption, making it imperative to accelerate deployment of resilient, non-satellite-based navigation solutions. Furchtgott-Roth underscored this in The Daily Telegraph recently, writing, "Disruptions would pose an immense economic and national security threat, costing trillions of dollars daily, dwarfing any market disruptions from tariffs." She continued, "The global cost of GPS interference is too high for world governments to wait for it to fail. This is an area where like-minded governments can and should work together to develop reliable back-ups, both for economic and military security." Tern's IDPS™ uses vehicle sensors and AI to provide uninterrupted, high-accuracy navigation without GPS, GNSS, or cellular signals. The company recently completed successful testing with the Volpe Research Center, through a US Department of Transportation contract, including the first known "cold start" demonstration, accurately initializing position without any prior knowledge or external signal, a milestone long thought to be out of reach. "Tern's approach flips the model," added Moore. "Rather than patching legacy systems, we're building a new foundation for navigation that's intelligent, resilient, and ready to scale." Learn more and request a test drive of IDPS™. Media Contact: Julie Andersen | jandersen@ ABOUT TERN: Tern's patented, award-winning Independently Derived Positioning System (IDPS™) redefines navigation by using proprietary AI to interpret real-time map and sensor data, enabling precise vehicle positioning without relying on satellites. Seamlessly integrating into OEM platforms, commercial fleets, and defense systems, IDPS™ delivers unmatched reliability and safety, even in GPS-denied environments. Founded by a team of elite navigators and AI pioneers, Tern is setting the new standard for positioning technology. View original content to download multimedia: SOURCE Tern Sign in to access your portfolio
Yahoo
17-04-2025
- Automotive
- Yahoo
PennDOT announces plans to remove Skinners Falls Bridge
WAYNE COUNTY (WBRE/WYOU) — The Pennsylvania Department of Transportation (PennDOT) announced its plans to remove a Wayne County bridge. PennDOT says the removal of the Skinners Falls Bridge is set to begin Thursday morning, starting on the New York side of the bridge. According to PennDOT, the decision to remove the bridge comes after inspections found 'critical structural failures.' In October of 2024, an inspection found the bridge superstructure in critical condition and that the superstructure had failed. The following inspection in January of this year confirmed active movement in the New York abutment and upstream truss bearing areas, PennDOT explained. PennDOT says the demolition is necessary to prevent an uncontrolled collapse and ensure public safety. Hazleton school kitchen passes inspection The parking lot and fishing access area will be unreachable for the public to use during construction, PennDOT added. PennDOT says the use of the river in the vicinity of the bridge will also be restricted during construction. Recreational users of the River are advised by PennDOT to exit the river upstream at Damascus and re-enter downstream at Narrowsburg. The precautions, listed below, put in place on April 7 will continue: Delaware River closure signage and exclusion buoys will be placed at the Cochecton-Damascus Bridge. Official signed portage will direct river users to the Narrowsburg Boat Launch. No portage in the vicinity of the bridge will be allowed due to ongoing construction activities. This stage of the Aids to Navigation (ATON) will be in place for approximately two months. PennDOT urges drivers to travel the posted speed limit, pay close attention to signs and flaggers, turn on their headlights, and avoid all distractions. In high-traffic locations, PennDOT encourages drivers to use both travel lanes to the merge point and take turns merging into the open lane. You can stay up to date on speed limit restrictions, road conditions, and closures on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
02-04-2025
- Business
- Yahoo
Medivis Receives FDA 510(k) Clearance for Spine Navigation and Announces Commercial Launch in the United States
NEW YORK, April 2, 2025 /PRNewswire/ -- Medivis Inc., a pioneer in surgical intelligence, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its groundbreaking Spine Navigation platform. This milestone marks a significant advancement in surgical technology, utilizing AR and AI to empower surgeons with holographic navigation across open and minimally invasive spine procedures. Alongside the FDA clearance, Medivis is announcing the commercial launch of Spine Navigation, making it available to hospitals and ambulatory surgical centers nationwide. "Surgery is entering a new era of advanced computing that enhances precision, speed, and efficiency in the operating room. This is a pivotal moment in medicine, and we are thrilled to deliver a solution that will elevate patient care to new heights," said Dr. Christopher Morley, President of Medivis. "At Medivis, we envision a future where surgical navigation transcends boundaries by integrating imaging data with the operative field. With our recent FDA clearance for Spine Navigation, we are thrilled to equip surgeons with breakthrough technology to visually transform spine surgery and empower them with intuitive image guidance," added Dr. Osamah Choudhry, CEO of Medivis. Medivis' Spine Navigation platform is applicable across neurosurgery and orthopedic surgery. Its key strengths include: Surgical Intelligence: Combining proprietary computer vision algorithms, AI segmentation, real-time data analysis and advanced image processing to deliver precise, context-aware insights throughout the surgical workflow. Ergonomic Freedom: Lightweight AR hardware allows surgeons to visualize critical information with unmatched comfort while operating. Hand tracking and voice commands grant complete control of the environment, eliminating attention-shift away from the operative field. Seamless Integration: Minimal-footprint workstation paired with intuitive instrumentation allows Medivis' technology to integrate with spinal hardware and imaging systems across major commercial vendors. It is built for easy deployment in operating rooms, including in ambulatory surgical centers. Spine Navigation is the latest addition to the company's portfolio of AI-powered surgical solutions, which are designed to transform the operating room and enhance surgical precision across a range of specialties. About Medivis Medivis is a leading surgical intelligence company dedicated to pioneering the future of surgical navigation with artificial intelligence and augmented reality. To learn more, visit Contact: brooke@ View original content to download multimedia: SOURCE Medivis Sign in to access your portfolio
