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Avionics Display Market to grow by USD 1.33 Billion (2024-2028), driven by rising automation demand, Report highlights AI-driven market evolution – Technavio

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NEW YORK, Dec. 4, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global display for avionics applications market  size is estimated to grow by USD 1.33 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.46%  during the forecast period. Growing demand for automation is driving market growth, with a trend towards introduction of automatic ground collision avoidance system (auto-gcas). However, barriers to adoption of new technologies and equipment  poses a challenge. Key market players include Astronautics Corp. Of America, Astronics Corp., Avidyne Corp., BAE Systems Plc, Diehl Stiftung and Co. KG, Elbit Systems Ltd., Excelitas Technologies Corp., FDS Avionics Corp., Gables Engineering Inc., Garmin Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Mercury Systems Inc., Nytric Ltd., Parker Hannifin Corp., RTX Corp., ScioTeq BV, Thales Group, and The Boeing Co..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Civil aviation and Military aviation), Type (In-flight display and Heads-up display (HUD)), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Astronautics Corp. Of America, Astronics Corp., Avidyne Corp., BAE Systems Plc, Diehl Stiftung and Co. KG, Elbit Systems Ltd., Excelitas Technologies Corp., FDS Avionics Corp., Gables Engineering Inc., Garmin Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Mercury Systems Inc., Nytric Ltd., Parker Hannifin Corp., RTX Corp., ScioTeq BV, Thales Group, and The Boeing Co.

Key Market Trends Fueling Growth

The Avionics Applications Market is experiencing significant growth, particularly in the areas of Primary Flight Displays and Multifunction Displays. Smaller displays under 5 inches are popular for military applications, while larger displays between 5 to 10 inches and greater than 10 inches cater to commercial aviation. Enhanced safety and situational awareness are key trends, with automated flight control and lightweight components also in demand. Display blackouts and system failures are major concerns, driving the need for large-format multi-functional displays, external display processors, video sensors, FLIR, and radar. Defense plans rely on advanced avionics, including weapons, cameras, and user interfaces. New aircraft, such as the Checkmate fighter, feature portrait orientation radars and full-glass cockpits with flight-control computers. Commercial aircraft focus on air traffic, load factor, and flight data. Modern cockpit displays offer touchscreens, wide viewing angles, high-resolution graphics, and heads-up displays. The aerospace industry seeks display solutions with smart displays, augmented reality, and digital cockpits to improve flight safety. Power consumption and contrast ratio are crucial factors, with liquid crystal displays being widely used. The Avionics Application Market serves pilots and civil and military aviation with flight instruments and outside views. 

The avionics market has seen significant advancements in technology to enhance aviation safety. In 2010, NASA, the US Air Force, and Lockheed Martin developed the Automatic Ground Collision Avoidance System (auto-GCAS) to prevent aircraft accidents. This system continuously monitors an aircraft’s position and distance from the ground, providing real-time status to pilots and assisting during critical situations. In 2022, the US military aviation specialists required upgrades to the flight-control software in Navy combat aircraft to minimize ground collisions. The Boeing Company provided the solution with advanced software upgrades for their defense, space, and security division. 

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Market Challenges

The Avionics Applications Market encompasses various display solutions for the Aviation industry, including Primary Flight Displays and Multifunction Displays in various sizes: less than 5 inches, 5 to 10 inches, and greater than 10 inches. These displays are essential for military and commercial aircraft, enhancing safety and situational awareness with automated flight control, lightweight components, and enhanced contrast ratio. However, challenges include display blackouts, system failure, and power consumption. Large-format multi-functional displays, external display processors, video sensors like FLIR and Radar, weapons, cameras, and defense plans are integral to military avionics. Commercial aircraft require displays for air traffic, load factor, and flight data. Modern cockpit displays include touchscreens, wide viewing angles, high-resolution graphics, and user interfaces for pilots, offering outside views and heads-up displays. The market includes smart displays, augmented reality, and digital cockpits, with ongoing advancements in military and civil aviation.In the avionics market for commercial aircraft applications, regulatory compliance is a top priority. Vendors supplying avionic systems must adhere to stringent regulations set by organizations like the FAA, ICAO, and EASA to ensure passenger safety. Advanced technologies undergo thorough testing and certification processes before implementation. However, introducing new technologies comes with challenges, including high costs and the requirement for specialized expertise. The increasing demand for efficient, lightweight, dependable, and long-lasting equipment drives up research and development expenses.

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Segment Overview 

This display for avionics applications market report extensively covers market segmentation by

End-user 1.1 Civil aviation1.2 Military aviationType 2.1 In-flight display2.2 Heads-up display (HUD)Geography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Civil aviation-  The civil aviation display market is segmented into primary flight displays (PFDs) and multifunctional displays (MFDs), based on display technologies and applications. PFDs provide pilots with vital flight information, including altitude, speed, and navigational data, using LCD or OLED technologies. MFDs offer a range of functions, from navigation and communication to engine monitoring and weather information, and may include head-up displays (HUDs). Avionics systems incorporate various displays, such as cockpit displays, cabin management displays, test and maintenance displays, and emergency and warning displays. Touchscreen technology enhances these displays, providing an intuitive user interface. In 2020, the civil aviation industry faced challenges due to COVID-19, leading to a decline in air passenger traffic and a reduction in aircraft orders. However, the resumption of manufacturing plants and increasing demand for single-engine and multi-engine piston aircraft are driving market growth. Innovations in display technology, such as the integration of HUDs, are also contributing to market expansion. For instance, China’s mandatory adoption of HUDs by 2025 will increase the demand for avionics application displays.

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Research Analysis

The Display for Avionics Applications market encompasses a range of primary flight displays and multifunction displays used in the Aviation industry. These displays come in various sizes, including less than 5 inches, 5 to 10 inches, and greater than 10 inches. They are employed in both military and commercial aviation, including new aircraft and cockpit components. These displays offer enhanced safety and situational awareness for pilots by providing modern cockpit displays with touchscreens, wide viewing angles, and high-resolution graphics. They can also include automated flight control systems, outside views, and user interfaces for cockpit instruments and head-up displays. Lightweight components ensure reduced weight in aircraft design. Avionics applications continue to evolve, offering advanced features for flight safety and improved operational efficiency.

Market Research Overview

The Display for Avionics Applications market encompasses a range of primary flight displays and multifunction displays, available in sizes less than 5 inches, 5 to 10 inches, and greater than 10 inches. These displays are integral to both military and commercial aviation industries, enhancing safety and situational awareness in new aircraft cockpits. They serve as cockpit components, providing automated flight control, lightweight components, and advanced features like external display processors, video sensors, FLIR, radar, weapons, and cameras. These displays are designed for various orientations, including portrait orientation, and offer enhanced functionality with radars, full-glass cockpits, and flight-control computers. They cater to commercial aircraft, providing air traffic, load factor, and flight data information to pilots. The market also includes advanced technologies like touchscreens, wide viewing angles, high-resolution graphics, and smart displays with augmented reality capabilities. The Display for Avionics Applications market is crucial for defense and aerospace industries, contributing to defense plans and aircraft deliveries, as well as the development of digital cockpits and heads-up displays for military aviation and civil aviation.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userCivil AviationMilitary AviationTypeIn-flight DisplayHeads-up Display (HUD)GeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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THE MINISTRY OF DEFENCE ENHANCES NATIONAL RESILIENCE THROUGH SMART DEFENCE TECHNOLOGY INNOVATION

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KUALA LUMPUR, Malaysia, April 22, 2026 /PRNewswire/ — On April 20, The Prime Minister of Malaysia, YAB Dato’ Seri Anwar bin Ibrahim, officiated the Defence Services Asia (DSA) & National Security (NATSEC) Asia 2026 Opening Ceremony at the Malaysia International Trade and Exhibition Centre (MITEC).

Themed “Enhancing Capabilities and Resilience Through Technology”, the 19th Edition of the DSA 2026 Exhibition will run for four days from 20 to 23 April 2026. This exhibition aims to enhance defence capabilities and drive future technology to ensure national resilience through innovation, international cooperation and the development of the local defence industry ecosystem.

The main focus of this event is on the evolution of defence technology that has shifted from conventional assets to smart systems. Emphasis is placed on mastering technology that is capable of facing the security threats of the new millennium which are asymmetric and hybrid in nature.

Among the core advanced technologies featured :

a) Autonomous & Robotic Systems: Exhibition of various variations of unmanned systems (UAV, UGV, and UUV) equipped with Artificial Intelligence (AI) for long-distance monitoring and detection operations.

b) Digital & Cyber Defence: Application of new generation encryption technology and cybersecurity platforms to protect the country’s data sovereignty and critical infrastructure.

c) Sensor & Electronic Technology: High-precision radar and sensor systems that enable ATM readiness to be at an optimal level in monitoring space, maritime, and land in real-time.

In line with this global technology exposure, the government continues to strengthen the Industrial Collaboration Programme (ICP) as the main mechanism for technology transfer. Through the ICP, the involvement of international industry players is required to contribute to the development of local talent and research and development (R&D) in the high-tech sector.

Among the key segments highlighted are the CBRNe Arena, focusing on technologies related to chemical, biological, radiological, nuclear and explosive threats; the Firearms and Tactical Equipment Segment, showcasing the latest operational capabilities and equipment; and the Coalition of Defence Industry Malaysia (CDIM) Pavilion, which highlights the capabilities of the country’s defence industry. The DSA & NATSEC Asia Lab also showcases innovation initiatives by providing a platform for small and medium-sized enterprises (SMEs) and start-ups to introduce their innovations on the international stage.

This edition recorded the participation of 1,456 companies from 63 countries, including 37 international pavilions, as well as approximately 600 official delegations and 50,000 trade visitors from more than 114 countries within the 48,000-square-metre exhibition space. This scale of participation reflects the strategic importance of the exhibition at the global level and further demonstrates Malaysia’s position as a strategic meeting point for defence and security cooperation.

Also present were the Minister of Defence, YB Dato’ Seri Mohamed Khaled Nordin; Chief Secretary to the Government, Tan Sri Shamsul Azri Abu Bakar; Speaker of the Dewan Rakyat, Tan Sri Dato’ Dr. Johari bin Abdul; Chairman of DSA Exhibition and Conference Sdn Bhd, Tan Sri Asmat Kamaludin; Chief of Defence Force, General Datuk Haji Malek Razak bin Sulaiman; Secretary-General of the Ministry of Defence, Datuk Lokman Hakim bin Ali; Deputy Minister of Defence, YB Adly Zahari; as well as top management and senior officers of the Ministry and the Malaysian Armed Forces.

– END –

“‘MALAYSIA MADANI” “BERKHIDMAT UNTUK NEGARA”
”PERTAHANAN NEGARA, TANGGUNGJAWAB BERSAMA”

Ministry of Defence Malaysia
20 April 2026

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SOURCE DSA & NATSEC ASIA

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Grantd Launches Platform to Help Employees Understand Their Equity, Build Confidence in Their Financial Plan, and Connect to Advice When They Need It

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New Platform Gives Every Equity Recipient a Personalized View of Their Awards — and a Clear Path to Understand, Act, and Get Advice on Them

DENVER, April 21, 2026 /PRNewswire-PRWeb/ — Grantd, an AI-powered equity compensation platform whose advisor platform helps advisors manage over $14 billion in assets under administration for more than 400 registered investment advisory firms and 14,000 clients, today announced the launch of its issuer platform, Grantd for Work. The platform is built to give employees a clear, personalized understanding of their equity compensation — what they have, what it’s worth, how it fits into their broader financial picture, and what they should consider doing about it. Equity compensation is complex, and for most employees, it has been difficult to navigate without dedicated resources and support. Grantd for Work changes that — providing the tools, education, and guidance employees need to understand their awards with confidence, and connecting them to a financial advisor when they’re ready to take the next step.

“It gives every employee a real, personalized view of their equity — what it means for their financial goals, what actions they should consider, and a direct line to advice when they need it.”

The launch marks a significant expansion of Grantd’s reach — from individual equity recipients and their financial advisors to the employers and employees inside the companies that grant those awards. It also helps HR and compensation administrators gain better visibility into their programs, reduce the volume of manual employee questions, and identify where engagement and retention may be at risk.

“Equity is one of the most powerful forms of compensation companies offer — but for most employees, it’s also one of the least understood,” said Brian McDonald, Founder & CEO of Grantd. “An employee might receive an RSU grant, watch it vest, and still have no idea what the tax implications are, whether they should sell or hold, or how it changes their financial picture. Grantd for Work changes that. It gives every employee a real, personalized view of their equity — what it means for their financial goals, what actions they should consider, and a direct line to advice when they need it.”

Grantd for Work is built around the employee experience. Key capabilities include:

A personalized equity dashboard showing each employee’s total portfolio value, vested and unvested equity broken down by grant, external holdings, and concentration risk — giving them a complete, real-time picture of what they own, what it’s worth, and how it fits into their overall financial picture.AI-powered document reading that automatically extracts holdings from any brokerage statement or equity award summary — from any provider — so the platform is accurate and fully populated from day one, with no manual entry required.Financial goal tracking that maps each employee’s equity directly to their personal financial goals — financial independence, early retirement, a home purchase — showing whether they’re on track, what’s at risk, and how upcoming vests and exercises could change the outcome.A full equity planning toolkit, including concentration analysis, price target modeling, growth scenario projections, exercise planning, withholding analysis, and trading window tracking — alongside pre-built strategy templates like sell-to-cover, diversification sell-down, and automated trading plans.Ask Grant, an AI equity guide built directly into the platform that answers employees’ most pressing questions — from how RSU income is taxed at vest to what the ESPP 15% discount means for their tax situation — in plain language, on demand.AI agents that work for every employee — Grantd’s AI agents don’t wait to be asked. They continuously analyze each employee’s equity portfolio and surface timely, personalized insights. Every insight is specific to that employee — not generic equity education, but guidance grounded in what they actually hold.A learning center with articles and guides covering equity basics, tax and finance, investing strategy, and company-specific plan guides — so employees can build real confidence in their equity, not just access to it.A direct connection to financial advice when employees are ready to go beyond self-service — with their complete equity profile already structured and ready to share with an advisor.

For HR and compensation administrators, the platform also provides visibility into how equity programs are performing across the organization — including a live dashboard of total equity wealth created by employee, department, and level; proactive retention signals for employees with expiring grants or low engagement; and competitive equity modeling tools to help design compelling offers for prospective hires.

The new platform arrives at a time when industry leaders are rethinking equity program design and employee share plan strategy. Grantd will further that conversation at the Global Equity Organization’s (GEO) 27th Annual Conference in Austin, taking place April 21–23, 2026. On Wednesday, April 22, Brian McDonald will join the expert panel, “Strategic Shifts in Employee Share Plans: How Companies Are Redesigning Equity for 2026 and Beyond,” alongside fellow Grantd Advisory Board members Billy Vitense of Starbucks, Christine Zwerling of Asana, and Melissa Howell of Nike.

To learn more about Grantd for Work or schedule a demonstration, visit Grantd online at https://www.grantdequity.com/.

About Grantd:

Founded by Brian McDonald, Grantd is an AI-powered equity compensation platform built to simplify how equity is understood, managed, and acted on. Its advisor platform manages over $14 billion in assets under administration for more than 400 registered investment advisory firms, 2,600 advisors, and 14,000 clients. With the launch of Grantd for Work, the company now serves the full equity ecosystem — from individual equity recipients and their advisors to the employees who hold those awards and the HR and compensation teams who design and run the programs. Grantd is headquartered in Denver, Colorado.

Media Contact

Jane Kim, Grantd Equity, 1 (303) 515-3158, jane.kim@grantdequity.com, grantdequity.com

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SOURCE Grantd Equity

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FERMI PROVIDES BUSINESS UPDATE

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DALLAS, April 21, 2026 /PRNewswire/ — Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ (“Fermi” or the “Company”), subsequent to the Company’s announcement of Fermi 2.0 on April 20, 2026, has received significant and positive feedback from multiple potential tenants, the Company’s landlord, the Texas Tech University System, as well as suppliers, vendors, contractors, financing sources, and other partners. The Company is gratified by that feedback and is pursuing Fermi 2.0’s business and leadership objectives with all deliberate speed.

The Company also acknowledges receipt of a letter from Mr. Toby Neugebauer, and has reviewed a press release issued by him, calling for the initiation of a process for the immediate sale of the Company. As Mr. Neugebauer indicated in his press release, he was removed from his position on April, 17, 2026,  after careful consideration by the Company’s Board of Directors in accordance with its fiduciary duties. Given recent changes in leadership, which position the Company for its next chapter of growth and evolution from a startup to a scaled enterprise, the Company firmly believes a sale is not in the best interest of its continued momentum on Project Matador, ability to serve potential tenants and long-term value creation for shareholders. The Board, consistent with its fiduciary duties, will carefully review all avenues to maximize shareholder value, which include continued execution of its business plan, strategic investments from third parties, joint ventures or other transactions.

About Fermi America™

Fermi America™ (NASDAQ & LSE: FRMI) (fermiamerica.com) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, 17 GW next-generation private HyperGrid campus. Project Matador is expected to integrate the nation’s biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

Additional Information and Where to Find It

If the Company determines to hold a special meeting of shareholders, the Company will file a proxy statement on Schedule 14A, an accompanying white proxy card and other relevant documents with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies from the Company’s shareholders for such meeting. SHAREHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), IF ANY, AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY, IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and shareholders may obtain a copy of any definitive proxy statement of the Company, an accompanying white proxy card, any amendments or supplements thereto and other documents filed by the Company with the SEC if and when they become available at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge in the “SEC Filings” subsection of the Company’s Investor Relations website at https://fermiamerica.com/ or by contacting the Company’s Investor Relations Department at IR@fermiamerica.com, as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.

Participants in the Solicitation

If the Company determines to hold a special meeting of shareholders, the Company, its directors and certain of its executive officers may be deemed participants in the solicitation of proxies from the Company’s shareholders in connection with matters to be considered at such special meeting of shareholders. Information regarding the direct and indirect interests, by security holdings or otherwise, of the Company’s directors and executive officers is included in the Company’s final prospectus, filed with the SEC on October 1, 2025, the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 30, 2026, and in the Company’s Current Reports on Form 8-K filed with the SEC from time to time. Changes to the direct or indirect interests of the Company’s directors and executive officers are set forth in SEC filings on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4. These documents are available free of charge as described above. Updated information regarding the identities of potential participants and their direct or indirect interests, by security holdings or otherwise, in the Company will be set forth in the definitive proxy statement for the Company’s special meeting of shareholders and other relevant documents to be filed with the SEC, if and when they become available.

Forward-Looking Statements

Statements contained in this press release which are not historical facts, such as those relating to future events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Fermi undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Investors should consult further disclosures and risk factors included in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, the Registration Statement on Form S-8 and other documents filed from time to time with the SEC by Fermi.

 

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SOURCE Fermi Inc.

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