Year: 2023

SARASOTA, Fla., October 16, 2023 – Dukane Seacom Inc. (a HEICO Company, NYSE: HEI, HEI.A), a leading provider of aerospace electronic solutions, is proud to announce a significant milestone in our commitment to aviation safety. We have entered into a long-term agreement with Turner Aviation, designating them as the authorized repair center for our Emergency Locator Transmitter (ELT) AeroELT™ product line, formerly known as Honeywell RESCU™.

ELTs are pivotal components, ensuring the safety of aviation by transmitting crucial emergency signals in the event of an aircraft impact on land or water. These signals aid first responders in swiftly locating and assisting the aircraft. ELTs are not just crucial; they are mandated for use on board commercial transport category aircraft, as well as certain military aircraft.

Turner Aviation stands as an exemplar of excellence in the aviation repair industry. Holding certifications from CAA, EASA, FAA, and boasting ISO 9001 accreditation, Turner Aviation is renowned for its unwavering commitment to quality and safety. With over seven decades of continuous CAA approval since 1947, their dedication to aviation safety is evident.

Anish Patel, President of Dukane Seacom, expresses his enthusiasm about this partnership, saying, “This collaboration with Turner Aviation signifies a crucial step towards enhancing aviation safety. Our AeroELT™ products are at the forefront of emergency locator technology, and with Turner Aviation’s expertise, we aim to further strengthen the reliability and performance of these devices. Together, we are not only ensuring regulatory compliance but also bolstering the safety of passengers and crew on board.”

Douglas Muirhead, Managing Director of Turner Aviation said: “We are proud and privileged to continue our long-standing support of the ELT product line under Dukane’s stewardship. Our partnership will ensure the highest standards of reliability and performance are maintained. We look forward to providing the responsiveness and agility required to offer the highest level of service and customer focus that this equipment demands.”

Turner Aviation operates under the umbrella of Turner & Company (Glasgow) Limited, a privately owned Scottish business known for investing private equity into various sectors, with a substantial turnover exceeding $150 million.

This partnership between Dukane Seacom and Turner Aviation underscores our unwavering commitment to delivering superior solutions for aviation safety. Together, we are dedicated to ensuring the highest standards of reliability and performance in emergency locator technology.

About Dukane Seacom

Sarasota, FL-based Dukane Seacom Inc. is the world’s leading supplier of emergency locator devices for the aviation industry. Besides ELTs, Dukane has over 40 years of industry experience designing and manufacturing underwater locator beacons (ULB) for commercial, military, and business aircraft. Airlines and operators put their trust in our unmatched reliability and expertise. For more information, please visit www.dukaneseacom.com.

About HEICO

HEICO Corporation is engaged primarily in certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO’s customers include the majority of the world’s commercial airlines and MRO facilities as well as numerous defense and space contractors and military agencies worldwide.  Other industries utilizing HEICO’s leading technologies include medical, telecommunications and electronics equipment manufacturers. For more information about HEICO, please visit our website at www.heico.com.

The Company has two classes of common stock traded on the NYSE. Both classes, the Class A Common Stock (HEI.A) and the Common Stock (HEI), are virtually identical in all economic respects. The only difference between the share classes is the voting rights. The Class A Common Stock (HEI.A) receives 1/10 vote per share and the Common Stock (HEI) receives one vote per share. The stock symbols for HEICO’s two classes of common stock on most web sites are HEI.A and HEI. However, some web sites change HEICO’s Class A Common Stock symbol (HEI.A) to HEI/A or HEI.A.

CONTACT:          Danielle Sladky, Product Line Manager – ELT
                             +1 (941) 739-3200

Join us at NBAA 2023 in Las Vegas, NV on October 17-19, where Sensor Systems, Radiant Power and Dukane Seacom will showcase the latest innovations in emergency power/battery backup, flight deck displays, emergency location, and antennas. Whether you are looking for solutions to enhance your safety, performance, or connectivity, we have something for you. Visit us at booth #C11022 or contact your representative to book a meeting with us. We look forward to seeing you there!

SARASOTA, Fla. – Dukane Seacom (a HEICO Company, NYSE: HEI, HEI.A) has been selected by Norwegian Air Shuttle to supply their DK-406-DT Emergency Locator Transmitter (ELT) to support the new Global Aeronautical Distress & Safety System (GADSS) regulations that go into effect in January 2024, and the AeroELT™ SG portable ELT for new production aircraft.  The DK-406-DT is the latest in the AeroELT™ family of products designed and manufactured by Dukane Seacom in our Sarasota, FL. world headquarters. The SG ELT provides proven reliability with an install base of over 5000 units.  Norwegian is the latest airline to select DK-406-DT, joining a list of 11 other airlines that have selected the DK-406-DT for over 1200 new production aircraft.

Dukane Seacom’s AeroELT™ product family consist of integrate ELT solutions designed and tested to the current and future requirements for worldwide ELT operations.  With focus on safety and high reliability, the AeroELT™ product family provides improvements in automatic triggering as well as meeting DO-227A compliance for containment of a lithium battery thermal runaway event.  The ELT-DT utilizes multi-axis MEMS technology to automatically detect impact, improving trigger reliability over traditional “G-Switch” triggers.  A self-contained GNSS receiver further enhances the ability of search and rescue to quickly locate an aircraft in distress worldwide.

The newest addition to the product family, the DK-406-DT, is capable of being triggered in-flight to alert Search and Rescue of an emergency prior to an accident. Dukane Seacom’s ELT-DT provides highly configurable interfaces to ensure compatibility with a large range of aircraft types and avionics systems. A specialized battery and power management system allow the DK-406-DT to operate in temperatures down to -40°C, providing a complete Class 1 compliant ELT solution. The DK-406-DT combines the features of a Distress Tracking and Automatic Fixed (AF) ELT, allowing customers to meet requirements for their aircraft to contain a fixed ELT and GADSS compliance with a single transmitter that is fully compliant with current and Second Generation Beacon (SGB) requirements.

“Dukane Seacom is delighted to have been chosen by Norwegian Air Shuttle for this important new safety system for their commercial aircraft.” said Anish Patel, President of Dukane Seacom.  “Their selection supports the technical excellence that Dukane Seacom brings to aircraft safety systems and reinforces the capabilities of our ELT product family.”

Dukane Seacom is an industry leader in the design and manufacture of ELTs for the Air Transport and Business & Regional aircraft market.  In addition to the DK-406-AF product line, Dukane Seacom has produced over 8,000 private-labeled Automatic Fixed, Survival, and Portable ELTs with installations across the aviation market.

Sarasota, FL-based Dukane Seacom Inc. is the world’s leading supplier of emergency locator devices for the aviation and marine markets. With over 40 years of industry experience, Dukane Seacom has an installed base of over 100,000 Underwater Locator Beacons (ULB) in the commercial, military, and business aviation markets.  This unmatched reliability and expertise are what airlines/operators put their trust in when purchasing Dukane Seacom products.  For more information, please visit www.dukaneseacom.com.

About HEICO

HEICO Corporation is engaged primarily in certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group.  HEICO’s customers include most of the world’s airlines and overhaul shops as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications and electronics equipment manufacturers.  For more information about HEICO, please visit our website at www.heico.com.

The Company has two classes of common stock traded on the NYSE.  Both classes, the Class A Common Stock (HEI.A) and the Common Stock (HEI), are virtually identical in all economic respects.  The only difference between the share classes is the voting rights.  The Class A Common Stock (HEI.A) receives 1/10 vote per share and the Common Stock (HEI) receives one vote per share.  The stock symbols for HEICO’s two classes of common stock on most web sites are HEI.A and HEI.  However, some web sites change HEICO’s Class A Common Stock symbol (HEI.A) to HEI/A or HEIa.

CONTACT: Samir Purohit +1(941)893-6826

SARASOTA, Fla. – Dukane Seacom (a HEICO Company, NYSE: HEI, HEI.A) DK-406-AF Emergency Locator Transmitter (ELT) is one of the industry’s newest ELT solutions and is quickly gaining market share.

Since launch and certification, the DK-406-AF has been selected by multiple commercial and defense platforms, and most recently gained a large share of the emerging eVTOL platforms.

The eVTOL (Electric Vertical Take-Off and Landing) market space is a rapidly growing sector within the aviation industry. eVTOL aircraft are designed to take off and land vertically, like a helicopter, but with electric propulsion systems that enable them to operate more quietly, efficiently, and with lower emissions compared to traditional combustion engines.

The market for eVTOLs is projected to grow significantly over the next decade, driven by increasing demand for urban air mobility, emergency services, and transportation of goods. Major players in the industry include established aerospace companies like Airbus and Boeing, as well as startups such as Archer Aviation, Lilium, and Joby Aviation.

Commercial deployment of eVTOLs at scale require three core regulatory approvals: type certification, production certification, and operational authority. The FAA and EASA are making progress towards establishing regulatory frameworks for eVTOLs. Additionally, infrastructure such as vertiports (airports for eVTOLs) and battery charging-swapping locations will need to be built. Overall, the eVTOL market space offers an exciting opportunity for innovation and growth in the aviation industry, with the potential to revolutionize the way people and goods are transported in the future.

Dukane-Seacom is proud to be an early partner involved in transforming aerospace travel through urban air and advanced air mobility with its product portfolio including ELTs and underwater locator beacons. It supports all organizations committed to lasting change that will bring families closer to their loved ones, make work commutes more productive, and enable faster recreational travel.

About Dukane Seacom

Sarasota, FL-based Dukane Seacom Inc. is the world’s leading supplier of emergency locator devices for the aviation industry. Besides ELTs, Dukane has over 40 years of industry experience designing and manufacturing underwater locator beacons (ULB) for commercial, military, and business aircraft. Airlines and operators put their trust in our unmatched reliability and expertise. For more information, please visit www.dukaneseacom.com.

About HEICO

HEICO Corporation is engaged primarily in certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO’s customers include a majority of the world’s airlines and overhaul shops as well as numerous defense and space contractors and military agencies worldwide, in addition to

medical, telecommunications and electronics equipment manufacturers. For more information about HEICO, please visit our website at www.heico.com.

The Company has two classes of common stock traded on the NYSE.  Both classes, the Class A Common Stock (HEI.A) and the Common Stock (HEI), are virtually identical in all economic respects. The only difference between the share classes is the voting rights. The Class A Common Stock (HEI.A) receives 1/10 vote per share and the Common Stock (HEI) receives one vote per share. The stock symbols for HEICO’s two classes of common stock on most web sites are HEI.A and HEI.  However, some web sites change HEICO’s Class A Common Stock symbol (HEI.A) to HEI/A or HEIa.

CONTACT: Samir Purohit +1(941)893-6826

Sarasota, FL and Hollywood, FL — HEICO Corporation (NYSE HEI and HEI.A) today announced that its Dukane Seacom subsidiary entered into an exclusive license and acquired key assets for the Aircraft Emergency Locator Transmitter (“ELT”) product line from Honeywell International (“Honeywell”). The transaction was structured as an exclusive perpetual license and asset purchase. Dukane Seacom is part of HEICO’s Electronic Technologies Group. Transaction terms and financial details were not disclosed.

HEICO stated that it expects the license and asset acquisition to be accretive to its earnings in the year following closing.

Honeywell has been the commercial aviation industry’s leading ELT supplier, with more than 40 years of experience and over 40,000 units delivered. The RESCU 406 ELT family which was subject to the transactions is utilized on nearly all air transport commercial aircraft models, in addition to numerous business, commuter and rotary wing aircraft.

ELTs provide critical emergency transmission signals in the event of aircraft impact on land or water to enable first responders to locate the aircraft. The devices meet stringent performance and regulatory standards and are mandated for use onboard commercial transport category aircraft, as well as certain military aircraft.

The transaction provides Dukane Seacom with all rights to produce, sell and repair both fixed and portable Honeywell ELTs, as well as various support equipment. Prior to the transaction, Dukane Seacom and Honeywell had been longstanding technology and manufacturing partners for ELT products. Dukane Seacom is now solely responsible for
the activities formerly performed by Honeywell and will conduct its engineering, production and customer support functions from Dukane Seacom’s Sarasota, FL facility.

Laurans A. Mendelson, HEICO’s Chairman and Chief Executive Officer, along with Victor H. Mendelson, HEICO’s Co-President and Chief Executive Officer of its Electronic Technologies Group, and Anish V. Patel, President of Dukane Seacom, remarked, “This purchase deepens Dukane Seacom’s long-term commitment to emergency location and further affirms our leadership position in this high performance market.”

Sarasota, FL-based Dukane Seacom Inc. is the world’s leading supplier of emergency locator devices for the aviation and marine markets. Dukane Seacom beacons are installed on the global commercial and business jet aircraft fleets, military fixed and rotary wing aircraft, as well as maritime and specialty underwater applications. For
more information please visit: https://rtest.rpcaero.com.

HEICO Corporation is engaged primarily in the design, production, servicing and distribution of products and services to certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO’s customers include a majority of the world’s airlines and overhaul shops, as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications and electronics
equipment manufacturers. For more information about HEICO, please visit our website at https://www.heico.com.

Certain statements in this press release will constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO’s actual results may differ materially from those expressed in or implied by those forward-looking statements as a result of factors including, but not limited to: the severity, magnitude and duration of public health threats, such as the COVID-19 pandemic (“Health Emergencies”); HEICO’s liquidity and the amount and timing of cash generation; lower commercial air travel caused by Health Emergencies and their aftermath, airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase to our costs to complete contracts; governmental and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by U.S. and/or foreign customers or competition from existing and new competitors, which could reduce our sales; our ability to introduce new products and services at profitable pricing levels, which could reduce our sales or sales growth; product development or manufacturing difficulties, which could increase our product development and manufacturing costs and delay sales; our ability to make acquisitions, including obtaining any applicable domestic and/or foreign governmental approvals, and achieve operating synergies from acquired businesses; customer credit risk; interest, foreign currency exchange and income tax rates; economic conditions, including the effects of inflation, within and outside of the aviation, defense, space, medical, telecommunications, and electronics industries, which could negatively impact our costs and revenues; and defense spending or budget cuts, which could reduce our defense related revenue. Parties receiving this material are encouraged to review all of HEICO’s filings with the Securities and Exchange Commission, including, but not limited to filings on Form 10-K, Form 10-Q and Form 8-K. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

Radiant Power was honored to host the 27th Plenary meeting of RTCA’s special committee SC-235 chartered with revising the Minimum Operational Performance Standards for Non-Rechargeable Lithium Batteries (DO-227A). Meetings were successfully held at Radiant’s facility during the week of 6 March 2023 and were attended by representatives throughout the aviation industry including representatives from RTCA, regulatory agencies, military, air frame manufacturers, and equipment manufacturers.

Radiant is proud to be an active member of this important committee and look forward to the release of this important standard to help ensure the safety of these Non-Rechargeable Lithium Batteries onboard aircraft.

SARASOTA, Fla., February 12th, 2023 – Dukane Seacom (a HEICO Company, NYSE: HEI, HEI.A) has been selected by Hindustan Aeronautics (HAL) to supply MIL grade DK-406-AF (Automatic Fixed Type) on their new HTT-4O trainer program.

Dukane Seacom’s AeroELT™ DK-406-AF is an integrated ELT solution that was designed and tested to the current and future requirements for worldwide ELT operations. With focus on safety and high reliability, the DK-406-AF provides improvements in automatic triggering as well as meeting DO-227A compliance for containment of a lithium battery thermal runaway event.

The DK-406-AF uses multi-axis MEMS technology to automatically detect impact, improving trigger reliability over traditional “G-Switch” triggers. A self-contained worldwide GNSS receiver further enhances the ability of search and rescue to quickly locate an aircraft in distress. Significant effort was made during the product design phase to address thermal runaway management by utilizing robust aluminum housing to minimize weight while at the same time meeting the requirements of DO-227A. The DK- 406-AF’s small footprint also allows for flexible installation options for any type of aircraft reinforcing its advantage for STC applications.

“DK-406-AF MIL grade ELT is Dukane Seacom’s clean sheet design overcome many current industry issues including malfunction of “G” switch. We are excited on this opportunity and also would like to congratulate our partner SIKKA Aerospace & Defense, India for the coordination with team HAL. We look forward to working with HAL in future on their other program.” said Samir Purohit, Sales Manager of Dukane Seacom.

Dukane Seacom is an industry leader in the design and manufacture of ELTs. In addition to the DK-406-AF product line, Dukane Seacom has manufactured over 6,000 Automatic Fixed, Survival, and Portable ELTs with installations throughout the commercial and business aviation market as well as military applications. In addition to the DK-406- AF, Dukane Seacom has launched the new DK-406-DT, a Distress Tracking ELT (ELT-DT) that is designed to meet the Global Aeronautics Distress Safety System (GADSS) requirements.

About Dukane Seacom

Sarasota, FL-based Dukane Seacom Inc. is the world’s leading supplier of emergency locator devices for the aviation industry. Besides ELTs, Dukane has over 40 years of industry experience designing and manufacturing underwater locator beacons (ULB) for commercial, military, and business aircraft. Airlines and operators put their trust in our unmatched reliability and expertise. For more information, please visit www.dukaneseacom.com.

About HEICO

HEICO Corporation is engaged primarily in certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO’s customers include a majority of the world’s airlines and overhaul shops as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications, and electronics equipment manufacturers. For more information about HEICO, please visit our website at www.heico.com.

The Company has two classes of common stock traded on the NYSE.  Both classes, the Class A Common Stock (HEI.A) and the Common Stock (HEI), are virtually identical in all economic respects. The only difference between the share classes is the voting rights. The Class A Common Stock (HEI.A) receives 1/10 vote per share and the Common Stock (HEI) receives one vote per share. The stock symbols for HEICO’s two classes of common stock on most web sites are HEI.A and HEI.  However, some web sites change HEICO’s Class A Common Stock symbol (HEI.A) to HEI/A or HEIa.

CONTACT: Samir Purohit +1(941)893-6826

Radiant Power / Dukane Seacom will be exhibiting at the SIKA Stand B2.2A at Aero India 2023.

It is being held from 13th to 17th of February, at Air Force Station in Yelahanka, Bangalore. If you would like to setup an appointment in advance of the show, please contact Samir Purohit at the link below for additional details.

CONTACT US

Visit Radiant Power / Dukane Seacom at the 2023 Army Aviation Mission Solutions Summit at booth 147.

If you would like to setup an appointment in advance of the show, please contact Jim Stillwell or Jeff Snow at the link below for additional details.

2023 Army Aviation Mission Solutions Summit
Booth 147
April 26th – 28th
Gaylord Opryland Hotel & Convention Center
Nashville, TN

Contact Us

Visit Radiant Power / Dukane Seacom at the 2023 HAI HELI-EXPO at booth C4709, March 7th – 9th in Atlanta, GA.

If you would like to setup an appointment in advance of the show, please contact Jim Stillwell or Samir Purohit at the link below for additional details.

CONTACT US