TAT Technologies Unveils FutureWorks: TAT's Center for Aerospace Innovation
Rhea-AI Summary
TAT Technologies (NASDAQ: TATT) has announced the establishment of FutureWorks, its new Center for Aerospace Innovation in Charlotte, North Carolina. The company has secured its first customer partnership for next-generation universal thermal management systems, marking a significant milestone.
The state-of-the-art facility features a high voltage testing lab and advanced capabilities for product validation, focusing on developing thermal management systems and heat exchangers for electric, hybrid-electric, and hydrogen aircraft platforms. The facility is currently operational and preparing for a grand opening in November 2025.
Positive
- Secured first customer partnership for next-generation thermal management systems
- Established state-of-the-art innovation center with high voltage testing capabilities
- Strategic positioning for future aviation technologies including electric and hydrogen platforms
- Additional OEM partnerships in progress
Negative
- None.
News Market Reaction 2 Alerts
On the day this news was published, TATT gained 2.20%, reflecting a moderate positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $10M to the company's valuation, bringing the market cap to $448M at that time.
Data tracked by StockTitan Argus on the day of publication.
FutureWorks marks a bold step forward in TAT's mission to advance next-generation aerospace technologies. TAT Technologies has secured its first customer partnership for its next-generation universal thermal management systems, marking a significant milestone in its journey. This partnership validates TAT's innovative approach to delivering lightweight, high-efficiency, and ultra-reliable solutions for the evolving needs of NextGen aircraft.
To support this progress, TAT's FutureWorks, is designed to drive cutting-edge advancements in sustainable aviation, focusing on the research, testing, and development of thermal management systems and heat exchangers to support both today's aircraft and the next generation of all electric, hybrid-electric, and hydrogen platforms. Building on this momentum, additional partnerships are in progress, with more OEMs and aircraft developers turning to TAT for integrated thermal systems that meet the demands of tomorrow's aviation.
"FutureWorks represents our commitment to shaping what's next for aerospace," said Igal Zamir, CEO of TAT Technologies. "This lab is more than a building—it's a proving ground for ideas, a collaboration hub for our global partners, and a launchpad for technologies that will define the skies of tomorrow."
Key Highlights of FutureWorks:
- A state-of-the-art high voltage testing lab for aerospace thermal systems
- Advanced capabilities to accelerate product validation and development
- A collaborative space supporting OEM customers and
U.S. growth - A cornerstone in TAT's investment in sustainable aviation and engineering excellence
FutureWorks strengthens TAT's industry leadership and reinforces its role as a trusted partner to OEMs and operators navigating the next era of aerospace. While full operational capacity will come online in the months ahead, the facility is now officially open and preparing for a full grand opening this November.
About TAT Technologies
TAT Technologies is a global provider of cutting-edge thermal management solutions, MRO services for APUs and landing gear, and engineering-driven innovation for commercial and defense aviation. With facilities across the
Media Contact:
Eran Yunger
Director of IR
Tel: +1-980-451-1115
erany@tat-technologies.com
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SOURCE TAT Technologies Ltd.