The Croatian government said on Thursday it would help a troubled shipyard owned by Uljanik , the country's largest shipbuilder, resume production.The government, which owns a 25% stake in Uljanik, said in March that it would not back a proposed…
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HHI Reports Q2 Results
Huntington Ingalls Industries (NYSE: HII) reported second quarter 2019 revenues of $2.2 billion, up 8.3% from the second quarter of 2018. The increase was driven primarily by growth at HII’s Technical Solutions division from recent acquisitions…
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Nidec ASI Supplies Power Management for Megayacht
Nidec ASI - head of the Nidec Industrial Solutions platform belonging to the Nidec Group - leaders in the field of solutions for energy management in the nautical sector, has taken another important step forward in support of more sustainable navigation.
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Chinese state agency to launch rocket for commercial use in August
A Chinese government space agency is expected to launch its first rocket meant for commercial use in August, putting pressure on other domestic rocket firms to develop their own launch vehicles ahead of an expected commercial satellite boom.
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Sunbeam-sailing spacecraft deemed ‘mission success’ in Earth orbit
A small crowd-funded satellite promoted by TV host and science educator Bill Nye has been propelled into a higher orbit using only the force of sunlight blowing against its sail in space, a novel propulsion developers say could "democratize" spacefligh...
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