14 Aug 08. Goodrich Corporation and Rolls-Royce plc announced today that they have signed a Letter of Intent proposing the formation of a joint venture company, which would develop and supply engine controls for Rolls-Royce aero engines. If the proposed joint venture goes ahead, it would enable the two companies to integrate their engine controls activity more closely. It would combine Goodrich’s existing UK-based engine controls design and manufacturing business and Rolls-Royce’s expertise in the integration of controls into the engine. Goodrich would retain the aftermarket products and services business associated with the joint venture’s products. Under the proposals, each of the contributing companies would own 50 per cent of the joint venture company. Both companies will begin discussions with employee representatives on proposed timescales for consultation.
14 Aug 08. Roke Manor Research Ltd has just signed a development agreement and licensing deal with a U.S. company – Peak Resources Incorporated. Operating in Canada – Peak Resources – will licence Roke’s cutting edge patents – ‘cold sky’ and ‘Fig8’ to develop mine detection systems. The agreement is for the development of proprietary technology and products and the provision of consulting support in the field of landmine scanning, detection, mapping and removal. The landmine detection system to be developed is for use in both Unmanned Aeronautical Vehicles (UAVs) and hand held devices. Roke has developed and owns the intellectual property rights for both a high level scanning sensor – ‘cold sky’, and a low level detection sensor – ‘Fig8. Used together, they give a powerful competitive advantage in the field of mine detection. They are both small and low power systems and have the potential to achieve good performance at the detection ranges anticipated for the final system.