Latest news with #aviationTechnology
Yahoo
8 hours ago
- Business
- Yahoo
Brazos Safety Systems Announces Strategic Growth Investment from Altaline
LOS ANGELES & FORT WORTH, Texas, July 02, 2025--(BUSINESS WIRE)--Altaline Capital Management, LLC ("Altaline" or the "Firm"), a newly launched Los Angeles-based private equity firm focused on partnering with lower-middle market companies in the technology, business services, and financial services sectors, today announced a strategic growth investment in Brazos Safety Systems, LLC ("Brazos" or the "Company"), a leading provider of flight safety technology and analytics solutions for the global aviation industry. Founded in 2015 and headquartered in Fort Worth, Texas, Brazos Safety Systems (formerly Truth Data Insights) delivers state-of-the-art Flight Data Monitoring (FDM) and Flight Operations Quality Assurance (FOQA) analytics to a diverse range of rotorcraft and fixed-wing operators worldwide. Brazos serves critical sectors including emergency medical services, oil and gas, executive transport, logistics, and law enforcement, supporting more than 300 aircraft and analyzing data from over 200,000 flights. "Brazos Safety Systems has established itself as a trusted partner to aviation operators by delivering innovative, data-driven solutions that enhance flight safety and operational efficiency," said Brian Maher, Principal at Altaline. "We are excited to support Brazos in its next phase of growth as the company expands its technology platform and broadens its impact across the aviation industry." Brazos Safety Systems is recognized for its highly configurable technology and exceptional analytics services which enable operators to implement customized FDM and FOQA programs that meet rigorous regulatory and operational requirements while powering improved flight safety. The company's team of avionics experts, software developers, and flight data analysts is dedicated to providing actionable insights and tailored support to its clients. "This partnership with Altaline marks a significant milestone for Brazos," said Peter Henrikson, President of Brazos Safety Systems. "With Altaline's support and strategic guidance, we are well-positioned to accelerate innovation, enhance our solutions, and deliver even greater value to our customers as we continue our mission to improve flight safety worldwide." "Brazos has all of the attributes we look for at Altaline, including a data-rich and mission-critical solution, strong client momentum, a leading position in its market segment of focus and strong customer loyalty and satisfaction," added Rafael Telahun, Managing Director at Altaline. "We look forward to collaborating with the Brazos team to expand on the Company's mission to leverage technology to improve flight safety globally." BakerHostetler, Elliott Davis LLC and Payne Enterprises LLC acted as legal, financial and commercial advisors to Altaline, respectively. AvStrategies LLC served as exclusive financial advisor while Cole Bryan PC served as legal advisor to Brazos. About Altaline Altaline is a Los Angeles-based private equity firm focused on buyouts and growth investments in lower middle-market companies across the technology, business services and financial services sectors in the U.S. and Canada. Founded by former professionals from TA Associates, H.I.G. Capital and KKR, the firm combines deep-sector expertise with an operationally oriented approach to support transformational growth and value creation. Learn more about Altaline at About Brazos Safety Systems Brazos Safety Systems, based in Fort Worth, Texas, is a leader in aviation safety technology and analytics, specializing in data-driven insights and analytics that enhance flight safety. The Company provides market leading Flight Data Monitoring (FDM) and Flight Operations Quality Assurance (FOQA) solutions for rotorcraft and fixed-wing operators worldwide. Learn more about Brazos at View source version on Contacts Media Contacts: Altaline Dylan McElligottmedia@ Brazos Safety Systems Kendall Sellersksellers@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
2 days ago
- CBS News
FAA's new runway incursion system aims to help boost safety. Here's why they say it's not coming to N.Y. yet.
With flight safety top of mind for many travelers ahead of the holiday weekend, the Federal Aviation Administration is touting new technology it says will keep travelers safe. One of the new tools is a revamped runway incursion device. Runway incursions occur when a plane is on part of a runway it shouldn't be. How the new runway incursion device works The new device alerts controllers if a runway is already occupied, and uses voice prompts and flashing lights to get controllers' attention. It's expected to go online at more than 70 locations nationwide by 2027 - but New York and New Jersey won't be part of the initial rollout. "What we want to do, going into this, is identify those airports that have perhaps increased risk, and put those safety mitigations in place as early as possible," acting FAA Administrator Chris Rocheleau said. "So that's not to say those 79 airports are the only airports we're looking at." While the rate of runway incursions has improved, it is still 15% higher than a decade ago. In 2014, there were 26 runway incursions for every million arrivals and departures, compared to 30 in 2024. New simulators will help controllers get trained faster, FAA says CBS News New York got an exclusive tour of the FAA's tech center near Atlantic City where the new technology was on display. While New York and New jersey may not be part of the initial rollout of the runway incursion device, the FAA says it is using other tools here already, like 4K tower simulators that replicate real airports for air traffic control trainees. More than 50 locations, including Newark Airport, have been upgraded with the simulators, the FAA said. "Using high fidelity tower simulators get us to qualification, certification 25% faster. So that represents a quarter of their time. The more tools we can put in their hands at any location, to include Newark, is going to speed up their time and get folks ready to do the job," FAA transportation specialist Johnny Riaz said. The simulators allow controllers to train for different weather conditions at various airports. A simulation of a downpour at an airport in Philadelphia can easily be changed to clear skies, for example. "At this moment in time, when we're dealing with the infrastructure issues and improvements we're trying to bring about, I think it's going to be absolutely critical to keep ourselves as the safest airspace system in the world," Riaz said Riaz said he believes it is "absolutely safe" to fly right now, and close calls on runways are expected to drop slightly for the second year in a row.
