Astronics Expands and Enhances CorePower® Product Offering for Emerging Electric Aircraft Industry

Rhea-AI Summary

Astronics Corporation (NASDAQ: ATRO) has expanded its CorePower product portfolio to cater to the electric aircraft sector. The new offerings include high voltage power conversion products and solid-state switching devices, focused on enhancing efficiency and reliability for both commercial and military applications. This development aligns with the industry's shift towards More Electric Aircraft (MEA) architectures, promoting reduced carbon emissions and noise pollution. The advanced capabilities support longer ranges and increased payload capacities, reinforcing Astronics' commitment to sustainable aviation solutions.

Positive

• Expansion of CorePower product line to include high voltage power conversion products and solid-state switching devices.
• Products designed for More Electric Aircraft (MEA), improving efficiency and reliability in operations.
• Enhanced aircraft capabilities lead to longer ranges and increased passenger or cargo loads.

Negative

• None.

EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has expanded its CorePower^® product portfolio and capabilities to address the needs of the emerging electric aircraft industry.

The Company’s CorePower product line offers advanced flight-critical electrical power generation, conversion, distribution and control, primarily for smaller rotary and fixed wing aircraft in both commercial and military markets. Astronics has over 50 years of experience designing and manufacturing highly efficient and reliable aircraft electrical power solutions.

The aerospace industry today is making significant investments in More Electric Aircraft (MEA) architectures, including specifically electric propulsion and electric vertical take-off and landing (eVTOL) aircraft. These new aircraft aim to reduce the carbon footprint and noise pollution associated with today’s aircraft, as well as enable new business models like urban air mobility (UAM) and cargo delivery. Significant investments are being made both by newcomers to the aerospace industry and established airframe OEMs.

Astronics has expanded its CorePower product offerings to include a new line of high voltage power conversion products (950VDC to 28VDC) and high voltage/high current solid state switching devices, for both uni- and bi-directional power distribution, along with required load protection. These products are designed to meet stringent regulatory certification requirements, including dissimilar topologies to minimize common-cause failure modes. The new products complete a flexible, modular line of high-voltage DC power conversion and distribution capabilities required by the new aircraft, and do so with increased efficiency and lower weight, leading to aircraft benefits such as increased run time, longer ranges, and higher passenger or cargo loads. The Company has added intelligence to every element of the power system to meet industry demands for higher reliability, increased safety, and extended periods of sustained, no-maintenance operation.

"Our Airborne Power and Control team has specialized in creating innovative and market leading Airframe Power solutions for small to medium sized rotorcraft and business jets - now with the advent of eVTOL and More Electric Aircraft, there are a number of new platforms that will benefit from our new CorePower high voltage products," said Jon Neal, President of Astronics Advanced Electronic Systems. "Astronics is excited to be part of the evolution of aviation moving towards more sustainable and cleaner modes of transportation."

About Astronics Corporation

Astronics Corporation (Nasdaq: ATRO) serves the world’s aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. For over 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, militaries, completion centers and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics. The Company’s strategy is to increase its value by developing technologies and capabilities that provide innovative solutions to its targeted markets.

For more information on Astronics and its solutions, visit Astronics.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220506005107/en/

For more information:

Jon Neal

President Astronics AES

T: 425.339.0281

jon.neal@astronics.com

Source: Astronics Corporation

FAQ

What recent development did Astronics Corporation announce regarding its product portfolio?

Astronics Corporation announced an expansion of its CorePower product portfolio to address the needs of the electric aircraft industry.

How does Astronics' new product line impact the aerospace industry?

The new product line enhances efficiency and reliability for electric aircraft, supporting the industry's shift towards More Electric Aircraft (MEA) architectures.

What are the benefits of Astronics' high voltage power conversion products?

These products provide increased efficiency, lower weight, and support longer ranges and higher payload capacities for aircraft.

What is Astronics' focus in the development of its CorePower products?

The focus is on meeting stringent regulatory certification requirements while improving aircraft power systems for cleaner and more sustainable transportation.