LYNNWOOD, Wash., May 11, 2021 - Crane Aerospace & Electronics, a segment of Crane Co. (NYSE:CR), will collaborate with BAE Systems to provide specific expertise on the power management systems for Jaunt Air Mobility's all-electric vertical takeoff and landing (eVTOL) aircraft.

Working with BAE Systems and Jaunt, the plan is to conduct a series of studies to explore exact power needs to determine an optimum power electronics solution for Jaunt Air Mobility's developing Advanced Air Mobility (AAM) platform. In doing so, Crane A&E will share its years of expertise in integrating high-voltage power conversion, distribution and control.

“BAE Systems is excited to work with Crane A&E to develop power management systems for Jaunt’s AAM platform,” said Ehtisham Siddiqui, Vice President and General Manager of Controls and Avionics Solutions at BAE Systems. “This strategic collaboration will leverage the expertise and knowledge of both industry-leading companies to  advance energy management solutions for this emerging market.”

"Crane A&E is investing in power management technologies that support the transformation to carbon-neutral air travel," said Hilary King, Vice President & General Manager of Sensing & Power Solutions at Crane Aerospace & Electronics. "We are extremely pleased to collaborate with BAE Systems and Jaunt Air Mobility in advancing the next generation of air mobility.”

"Working with BAE Systems, we understand the value that Crane A&E offers. Power management is one of the vital transformative challenges for enabling AAM. These two organizations bring a level of aviation expertise unparalleled in the industry,” says Martin Peryea, CEO of Jaunt.

Crane A&E has more than 60 years of experience delivering premier power conversion, distribution, motor controls, energy management, and advanced packaging solutions to a robust base of aerospace and defense customers. Crane A&E's enabling technology accelerates the electrification of air, land, and sea vehicle systems and, through technology advancements, provides higher power in smaller and more efficient products. For more information, visit www.craneae.com. Follow Crane A&E on LinkedIn and Twitter for the latest company news and updates.

Jaunt Air Mobility is a transformative aerospace company. We design and build an all-electric Vertical Takeoff and Landing aircraft for advanced air mobility, addressing multiple markets. Jaunt is the world leader in Reduced rotor Operating Speed (ROSA™) aircraft, combining a fixed-winged aircraft's efficiency and advanced helicopter performance. www.jauntairmobility.com. Contact Nancy Richardson, nmrichardson@jauntairmobility.com; 610-952-2595.

BAE Systems, Inc. and its 33,000 people are part of a global defense, aerospace and security company with 87,800 employees worldwide. We deliver products and services for air, land, sea and space, as well as advanced electronics, security, information technology solutions, and customer support services. Our dedication shows in everything we create and deliver – from advanced electronic systems to cyber operations and intelligence analysis, from combat vehicles to naval weapons, and from ship maintenance and modernization to vehicle upgrades and services. We push the limits of possibility to provide critical advantage to our customers where it counts.

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Contact
Andrew Lang
Crane Aerospace & Electronics
Sr. Marketing & Communications Specialist
425-760-8825
andrew.lang@craneae.com