Electra said on Wednesday it has signed a production agreement with France's Safran Helicopter Engines for turbogenerators, as the hybrid-electric aircraft startup looks to advance certification efforts.
French jet engine maker Safran is said to be studying a potential acquisition of sea-drone maker Exail Technologies , Bloomberg News reported on Friday.
Here is how Safran SA (SAFRY) and Spire Global, Inc. (SPIR) have performed compared to their sector so far this year.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 24,465 | $845,845.79 | $2.31M | $1.47M | 173.27% |
Steven Albrecht Curat Global LLC | 277 | $22,293 | $26,195.89 | $3,902.89 | 17.51% |
| Aerospace & Defense Industry | Industrials Sector | Olivier Andries CEO | OTC PINK Exchange | 786584102 CUSIP |
| FR Country | 96,390 Employees | 27 May 2026 Last Dividend | 8 Nov 2013 Last Split | - IPO Date |
Safran SA, a significant player in the aerospace and defense sectors, operates globally through a vast network of subsidiaries. The company's business activities are segmented into Aerospace Propulsion; Aircraft Equipment, Defense, and Aerosystems; and Aircraft Interiors. Each segment encompasses a wide range of products and services tailored to meet the demands of commercial aircraft, military operations, civil and military helicopters, and drones. Safran SA's legacy dates back to 1924, with its headquarters firmly established in Paris, France. Over the decades, Safran has committed itself to innovation and excellence, solidifying its status as a leading entity in the aerospace and defense industries.
Specializes in designing, developing, producing, and marketing propulsion and mechanical power transmission systems for a variety of aircraft and helicopters, alongside drones. This segment also extends its expertise to include maintenance, repair, and overhaul (MRO) services and the distribution of spare parts, ensuring the optimal performance and longevity of propulsion systems.
Covers a wide array of crucial aircraft components and systems, including landing gears, brakes, and engine systems like thrust reversers and nacelles. Furthermore, this unit delivers avionics, such as flight controls and onboard information systems, in addition to security systems (e.g., evacuation slides, emergency arresting systems, and oxygen masks). It also encompasses electrical power management systems, optronic equipment, and navigation sensors, thereby supporting both civil and military aviation needs. The provision of spare parts and associated engineering services augments this robust product offering.
Focuses on the design, development, manufacture, and marketing of aircraft seats for both passengers and crew, alongside a range of cabin equipment. This includes overhead bins, class dividers, passenger service units, and comprehensive cabin interior solutions. Moreover, the segment provides chilling systems, galleys, electrical inserts, trolleys, cargo equipment, water distribution equipment, lavatories, air systems, and in-flight entertainment and connectivity systems. Through its broad spectrum of interior solutions, Safran SA significantly enhances the comfort, functionality, and overall travel experience onboard aircraft.