Aerospace

LIEBHERR-AEROSPACE LINDENBERG opened 1,000 sq meter extension to develop and implement future surface treatment technologies.

EVE AIR MOBILITY announced $94m in new equity financing from multiple investors to support eVTOL development.

XTI AEROSPACE signed agreement with FC Imperial for a proposed strategic equity investment for shares of convertible preferred stock of up to $55m at a post-money valuation of $275m to accelerate development of TriFan 600.

BOEING agreed to acquire SPIRIT AEROSYSTEMS in all-stock transaction at equity value of $4.7b to close in mid-2025. Spirit says it is also proposing to sell certain operations, including those in Belfast, Northern Ireland (non-Airbus operations), Prestwick, Scotland, and Subang, Malaysia and AIRBUS signed binding term sheet to acquire major activities related to its programs, including manufacture of A350 fuselage sections and A220 wings, mid-fuselage and pylons.

Embraer spinoff Eve Air Mobility has secured a further $94 million in equity financing from multiple investors.

Volocopter returned to the top slot in the June edition of the AAM Reality Index with a score of 8.6/10.

The designation enables Space Florida to tap the Florida Department of Transportation’s Spaceport Improvement Program.

The next 18 months will be busy for United Launch Alliance’s (ULA) newest rocket, and no one is more aware of that fact than Tory Bruno.

Europe’s Eumetsat agency is turning to SpaceX to deliver its Meteosat Third Generation-Sounder 1 (MTG-S1) weather satellite into orbit in 2025.

Equinor’s investigation is independent of one currently underway by the state’s safety body, the Norwegian Safety Investigation Agency.

Al Yah Satellite Communications says it has selected SpaceX and the Falcon 9 to launch the Al Yah 4 and Al Yah 5 satellites it recently ordered from Airbus.

How The Lee Company, a well-established aerospace supplier, evolved their capabilities to meet the needs of the emerging New Space market.

Boeing announced it entered into a definitive agreement to acquire Spirit AeroSystems early July 1 which values the supplier at $4.7 billion.

Cryo-compressed hydrogen; Nullforming antenna; Contrail mitigation; Condensed battery flies.

The airframer is building production and hopes for more KC-390 orders in defense as its executive aviation branch thrives. Where will it invest next?

Start-up zero-emissions propulsion developer Universal Hydrogen has been forced into liquidation after failing to raise additional funding.

Carbon recycling company LanzaTech and SAF producer LanzaJet have launched an alternative to using technology to convert waste into liquid fuels.

Boeing’s CST-100 Starliner will remain at the International Space Station (ISS) while a new ground campaign begins to test thrusters.

A pilot plant has produced its first quantities of CO2-neutral SAF but warns a reduction in flying still is needed to cut the carbon footprint.

Airbus is conducting a flight-test campaign to study the water vapor exhaust from a hydrogen fuel cell system to understand if it will create a contrail.

The region is going shopping to address defense shortfalls, with counter-UAS on most countries’ lists.

A new plan focuses on tracking airplane production basics as key to addressing issues and eventually increasing production.

Archer Aviation and Joby Aviation both aim to start electric air taxi services in 2025.

Our roundup of the main aerospace and defense stories making the news this week.

AEROMED GROUP acquired AEROSPACE PRODUCTS INTERNATIONAL (API), TN (chemicals and MRO consumables).