ARCHER AVIATION raised additional $850m, via private offering of 85m shares of Class A common stock at a price of $10 each, following US announcement to implement an eVTOL Integration Pilot Program; it now has $2b in liquidity.
AIR MOANA, French Polynesia purchased new ATR 72-600 (1720) from Avation, Singapore, which now has 10 ATRs remaining on order for delivery 4Q25-2Q28 and purchase rights to acquire up to 24 additional new ATR 72-600s.
GENERAL ATOMICS AEROTEC SYSTEMS (GA-ATS) and AEE AIRCRAFT ELECTRONIC ENGINEERING teamed on redevelopment of the Engine Interface Unit (EIU) and the Central Warning System (CAWS) for Do228 NXT special mission aircraft.
XTI AEROSPACE has completed >1,500 complex computational fluid dynamics (CFD) calculations, using US Department of Energy's Oak Ridge National Laboratory Frontier supercomputer, for aerodynamics design of its TriFan 600 xVTOL.