FAA Certifies Protection System Against Catastrophic Loss-of-Engine Accidents
Innovative Solutions and Support, Inc. (ISSC)
US:NASDAQ Investor Relations:
innovative-ss.com/investor-relations
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Source: Business Wire
EXTON, Pa.--(BUSINESS WIRE)--The Federal Aviation Administration (FAA), following over two years of multi-departmental review, has awarded a first-of-its-kind Supplemental Type Certificate (STC) to Innovative Solutions & Support, Inc. (NASDAQ: ISSC) for protection against one-engine-inoperative (OEI) catastrophic loss-of-control accidents. Authorities suggest that one-engine-inoperative loss-of-control accidents are responsible for as many as 90 fatalities annually.Industry periodicals write:“While pilots who haven’t flown with an auto-throttle might not fully appreciate its benefits, the King Air ThrustSense® system adds more than just easier speed control and engine management. In the King Air, the IS&S auto-throttles also offer a significant safety benefit in case of failure of one engine, especially on takeoff. This hazard has come under the microscope as a result of a pair of King Air takeoff accidents: in Wichita in 2014; and Addison, Texas, on July 1 this year.” -Matt Thurb
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News
- Innovative Solutions and Support, Inc. (ISSC): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- According to Analysts, Innovative Solutions and Support, Inc. (ISSC) Poised for Significant Growth in Defense Sector [Yahoo! Finance]Yahoo! Finance
- IS&S’s ThrustSense® Autothrottle Selected for U.S. Army C-12 FleetBusiness Wire
- Innovative Solutions & Support Acquires License for Honeywell's Display Generator and Flight Control Computer Product Line, Strengthening Position in Military Market [Yahoo! Finance]Yahoo! Finance
- Innovative Solutions & Support Acquires License for Honeywell’s Display Generator and Flight Control Computer Product Line, Strengthening Position in Military MarketBusiness Wire
ISSC
Sec Filings
- 10/3/24 - Form 8-K
- 9/12/24 - Form 8-K
- 9/10/24 - Form 8-K
- ISSC's page on the SEC website