Astronics Corporation (NASDAQ:ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense and semiconductor industries, announced that it will supply Textron Aviation, a Textron Inc. (NYSE:TXT) company, with an aircraft power system that features Astronics’ COREPOWER® Induction Starter Generator System and COREPOWER® Electronic Circuit Breaker Units, in addition to the 28 Volt DC EMPOWER® In-Seat Power Supply, for the new Cessna Denali single engine turboprop.
Astronics designs and manufactures advanced power generation and distribution systems, which efficiently manage aircraft power. The brushless starter generation unit, a key part of the Induction Starter Generator System, eliminates the need for brush maintenance, which is often one of the highest maintenance items with the poorest reliability on business aircraft today. Additionally, Astronics is providing secondary power distribution via Electronic Circuit Breaker Units, which both simplify and automate the entire power system. These solid state units manage power throughout the aircraft and provide fault detection, circuit protection and programmable load management through automated power control functions, helping to reduce pilot workload and improve crew awareness.
“Astronics is proud to be a part of the Cessna Denali program,” said Kellsey Justus, Vice President of Astronics AES Airborne Power & Control. “The technology and innovation being applied to the Cessna Denali program is typically reserved for larger aircraft, and we believe the addition of these systems will enable a significant increase in features and performance for smaller business and general aviation aircraft.”
Widely available on Commercial Air Transport and Business Jet aircraft, the patented, highly efficient, EMPOWER® in-seat power systems enable passengers to simultaneously use and charge multiple personal electronic devices in the air.
The program is targeted to achieve first flight in 2018.
For more information on Textron Aviation and its products, visit its website at: www.Txtav.com
ABOUT ASTRONICS CORPORATION
Astronics Corporation (NASDAQ:ATRO) is a leading supplier of advanced technologies and products to the global aerospace, defense and semiconductor industries. Astronics’ products and services include advanced, high-performance electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems. Astronics’ strategy is to increase its value by developing technologies and capabilities, either internally or through acquisition, and using those capabilities to provide innovative solutions to its targeted markets and other markets where its technology can be beneficial. Through its wholly-owned subsidiaries, Astronics has a reputation for high-quality designs, exceptional responsiveness, strong brand recognition and best-in-class manufacturing practices. The Company routinely posts news and other important information on its website at www.astronics.com.
For more information on Astronics and its products, visit www.astronics.com.
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Securities Exchange Act of 1934. One can identify these forward-looking statements by the use of the words “expect,” “anticipate,” “plan,” “may,” “will,” “estimate” or other similar expressions. Because such statements apply to future events, they are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated by the statements. Important factors that could cause actual results to differ materially from what may be stated here include the state of the aerospace, defense, consumer electronics and semiconductor industries, the market acceptance of newly developed products, internal production capabilities, the timing of orders received, the status of customer certification processes and delivery schedules, the demand for and market acceptance of new or existing aircraft which contain the Company’s products, the need for new and advanced test and simulation equipment, customer preferences, and other factors which are described in filings by Astronics with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking information in this news release whether to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial conditions or prospects, or otherwise.