PAL Aerospace selected by Air Greenland as missionization partner

Exchange Income (EIFZF) announced that its subsidiary, PAL Aerospace has been selected by Air Greenland as the missionization partner in its development and delivery of new maritime surveillance capability, comprising the delivery of two missionized DHC-8-200 aircraft and an integrated ground mission environment. Air Greenland is currently in the final stages of negotiations with the Government of Denmark to assume responsibility for surveillance and search and rescue operations within the autonomous territory of Greenland. To support this transition, two Air Greenland DHC-8-200 aircraft will be converted by PAL Aerospace into fully missionized platforms equipped with advanced surveillance and sensor systems. The capability will enhance detection-to-response timelines through live mission monitoring, onboard sensor fusion, and post-flight data exploitation, in close coordination with Joint Arctic Command and Joint Rescue Coordination Center Greenland. PAL Aerospace has also been informed by the Government of Australia that it has not been selected as the successful proponent in the competitive process for the provision of Aerial Surveillance Services, encompassing the provision of Scheduled, Targeted and Persistent Surveillance Services, to the Australian Border Force, commonly referred to as the Coastwatch program.