Welcome to our dedicated page for Safran news (Ticker: SAFRY), a resource for investors and traders seeking the latest updates and insights on Safran stock.
Safran (SAFRY) delivers cutting-edge solutions across aviation, defense, and space systems. This news hub provides investors and industry professionals with essential updates on the company's technological advancements and market position.
Access official press releases, earnings reports, and analysis of strategic developments including aircraft testing innovations, defense partnerships, and propulsion system breakthroughs. Our curated collection ensures you stay informed about SAFRY's contributions to aerospace safety standards and mission-critical telemetry solutions.
Key updates cover corporate milestones, R&D investments, and global expansion efforts. Bookmark this page for real-time insights into Safran's leadership in flight testing technologies and aerospace equipment manufacturing.
Safran Defense & Space (OTC:SAFRY) has secured a contract to provide two EPS®X00 electric propulsion systems for AstroForge's Vestri asteroid mission, set to launch in early 2026. The systems will support AstroForge's mission to analyze and potentially mine valuable platinum group metals from asteroids.
Each system includes a PPS®X00 thruster, Power Processing Unit, and Fluid Management System. The selection came after AstroForge witnessed a successful test firing at Safran's Normandy facility. Additionally, Safran is expanding its U.S. manufacturing capabilities with a new facility in Parker, Colorado, expected to begin deliveries in Q4 2026.
Safran reported sales of 27.3 billion euros in 2024 and maintains a global workforce of 100,000 employees.
Safran Defense & Space (SAFRY) has secured a contract from Bell Textron to provide flight testing solutions for six aircraft under the U.S. Army's Future Long Range Assault Aircraft (FLRAA) program. The company will deliver comprehensive onboard and ground testing solutions, focusing on data acquisition, recording, and analysis capabilities.
The FLRAA program, developed by Bell, features a tiltrotor aircraft combining helicopter-like vertical takeoff and landing capabilities with twin-turboprop aircraft speed and range. This development is important for the Army's future air mobility strategy.
Safran, a global high-technology group with €27.3 billion in sales (2024) and 100,000 employees, operates in aviation, defense, and space markets. The company maintains leadership positions in its core markets and is listed on Euronext Paris as part of the CAC 40 and Euro Stoxx 50 indices.
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