Aerospace

Gevo says its Net-Zero 1 ethanol-to-jet project has been invited to begin due diligence and term sheet negotiation phase for a $950 million loan guarantee.

Aero Challenge Group is to invest “a double-digit million Euro sum” in development of the aircraft designed to carry 1,000 kg of payload or eight passengers.

German satellite launcher developer Rocket Factory Augsburg (RFA) has secured €30 million ($32.8 million) from global investment firm KKR.

Singapore-headquartered maintenance, repair and overhaul company ST Engineering secured SG$2.3 billion ($1.7 billion) in contracts in the second quarter.

Carriers in the U.S. affected by accelerated inspections of certain Pratt & Whitney PW1100 engines are preparing to have aircraft on the ground during the fall.

Country-specific policies around climate goals could complicate financial decisions by airlines and OEMs.

The differentiator in military programs is shifting from platforms to software. Listen in to hear how this change is transforming industry.

Buying counter-UAS as a service is part of the U.S. Army’s plan for more directed energy to target large numbers of attacking drones.

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

Another eVTOL technology demonstrator crashes during flight testing. Should the industry be worried?

Archer Aviation has raised a $215 million funding round led by automaker Stellantis.

Despite developing Parkinson’s disease, one of Virgin Galactic’s first customers boarded the company’s VSS Unity spaceship for a suborbital ride.

Archer Aviation has agreed to settle an intellectual property theft lawsuit filed against it by rival Wisk Aero.

The Hexa is a single-seat, unwinged multicopter with a range of 15 mi. (24 km) and maximum cruise speed of 55 kt.

Canada-based CAE Inc. beat analysts’ expectations in the April-to-June quarter.

German aerospace center DLR has flown a subscale demonstrator of the HyBird concept for a small hybrid-electric regional aircraft.

Using inputs from the fledging HAPS industry, Frontex believes HAPS would be useful for Earth observation.

The low-altitude flight test was conducted at Willcox Playa, Arizona, on March 14.

The report was jointly produced by the Commonwealth Scientific and Industrial Research Organization and Boeing amid a growing acceleration of SAF in Australia.

Baykar’s Akinci drone as well as its associated weapons and sensors will be produced in Saudi Arabia under a new deal estimated at roughly $3 billion.

Tier 1 aerospace suppliers see the AAM industry as a way to bridge the business and technology gaps to the next single-aisle airliner.

Viasat executives also said the "unexpected event" with the ViaSat-3 reflector antenna will slow the growth of the company’s residential internet business.

Eve Air Mobility said it is on track to begin manufacturing parts and components for its first full-scale prototype during the third quarter of 2023.

SpaceX and NASA are meeting to discuss options for Artemis III’s return to the lunar surface.

The mission date is to be announced at a later date, and the name of the astronaut awaits approval by NASA and the other ISS partners.