This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Panasonic Avionics Corporation Announces Acquisition Of AirDat's Real-Time Weather Data And Superior Forecasting Technology

HAMBURG, Germany, April 9, 2013 /PRNewswire/ --

Panasonic Avionics Corporation (Panasonic), the world leader in in-flight entertainment and communications (IFEC) today announced that it has expanded its product and service offering and its global communication network with the addition of AirDat's real-time weather data and superior forecasting technology.

Since 2003, AirDat's advanced technology has changed the way commercial airlines, governments, energy providers, and commodity investors use weather forecast modeling to make better operational decisions.

AirDat's core technology is its Tropospheric Airborne Meteorological Data Reporting (TAMDAR) sensor, a patented device designed to collect sophisticated weather data from the atmosphere during the flight of an aircraft. The data will be transmitted over Panasonic's global Ku-band aeronautical network and via the Iridium satellite network in real time to the AirDat operations center for analysis, distribution and assimilation into high-resolution models optimized for the real time data stream.  

TAMDAR is installed across a network of hundreds of commercial aircraft that are operated by more than a dozen partner airlines.  It collects thousands of highly detailed and accurate readings from the upper atmosphere each day.  In addition to the existing installed base, hundreds of additional aircraft around the world have been scheduled for TAMDAR installations.

Independent studies conducted by NASA, National Oceanic and Atmospheric Administration (NOAA) and Federal Aviation Administration (FAA) scientists have found TAMDAR data quality and precision to equal or surpass those of weather balloon (radiosonde) data, which is the current global standard.

"At Panasonic Avionics, we see incredible opportunity in globally connecting aircraft," said Paul Margis, President and Chief Executive Officer for Panasonic Avionics Corporation.  "Many industries such as aviation, energy, insurance and government will benefit from using the highly accurate real-time analysis of weather that will come from coupling AirDat technology with Panasonic's global aviation connectivity solutions"

About Panasonic Avionics Corporation

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,325.56 -353.14 -2.00%
S&P 500 2,030.90 -26.19 -1.27%
NASDAQ 4,693.6510 -78.1120 -1.64%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs