The Week in Business Aviation - Dec. 13
December 13, 2019
Harbour Air, MagniX Fly First Electric Commercial Aircraft
Canadian seaplane airline Harbour Air has flown a de Havilland Canada DHC-2 Beaver converted to electric propulsion and powered by a 540-kW (750-hp) motor developed by MagniX.
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Drone Software Maker Raises $32M From Investors
PrecisionHawk, a developer of enterprise software for drone applications, announced a $32 million venture capital investment on Dec. 11.
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BIRD Aero Unveils Missile Defense For Mid-cabin Bizjets
BIRD Aerosystems, a developer of airborne missile protections systems and special mission aircraft products, has launched a compact version of its all-in-one AeroShield POD (put on device) to provide antimissile protection for medium-size VIP business jets.
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Activist Investor Leaves Rolls-Royce Board
British jet engine maker Rolls-Royce said Bradley Singer, the COO of activist investor ValueAct Capital and Rolls-Royce’s largest shareholder, left the board of directors Dec. 9.
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MagniX fly first electric commercial aircraft, drone software maker raised $32m, BIIRD Aero unveils missile defense for mid-cabin business jets and more. A weekly roundup of Business Aviation.