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Shares of AXISCADES Technologies jumped 5% after it secured two pilot orders valued at $1.2 million.
AXISCADES is an end-to-end technology, product, and solutions provider aiding the creation of innovative, sustainable, and safer products worldwide in the Aerospace, Defence, and ESAI domains.
The deets: the order is for aircraft cabin interiors design, development, and retrofit solutions. These orders have been awarded by two global leaders, one a leading aerospace original equipment manufacturer (OEM) and the other a renowned aircraft cabin interior company with operations in Europe and the United States.
Why this matters: diversifying into interiors strengthens its end-to-end engineering services and positions it to capture opportunities in the fast-growing aircraft interiors market, fueled by modernisation needs and the demand for enhanced passenger experience.
That’s not all: the company has also won a big order tied to the Su-30 fighter jet upgrade. Its subsidiary, Mistral Solutions, will design and supply 10 special control units that help keep the jets cool while in operation.
The deal comes from India’s Combat Aircraft System Development and Integration Centre, the agency that manages upgrades for combat aircraft. This marks an important step in modernising the Su-30 fleet and strengthening India’s air power.
Zoom out: the aerospace interior market is expected to grow from $32.8 billion in 2025 to $59.9 billion by 2035, with a CAGR of 6.2%. This early growth is driven by the continuous evolution of passenger comfort, safety standards, and growing demand for advanced, sustainable materials in cabin interiors, including seating, lighting, and storage solutions.
