Aerospace

Many investors bought into electric air-taxi companies in 2021 hoping to find the next Tesla, but instead they may be stuck with the next Uber.

Vertical Aerospace’s VX4 eVTOL prototype suffered significant damage during a remotely piloted flight test at Cotswold Airport in Kemble, England.

The rotary-wing industry model is fracturing, and a much smaller U.S. civil rotorcraft industry is likely as civil and military requirements diverge.

The linkup between Kratos Defense & Security Solutions and Australia’s Hypersonix Launch Systems is the latest in Hypersonix’s growth into the U.S. market.

Boeing’s legacy 727 has found an unlikely role as a first responder to global oil spills.

During more than three decades in our Washington bureau, Bond wore many hats: reporter, editor, content innovator and mentor to young journalists.

Northrop bids dasvidaniya to rocket’s Russian engines.

Skyports Drone Services has announced the successful completion of a four-week drone delivery trial.

The offerings are built around a new family of vehicles known as Elytra (a term for the wings of a firefly).

The spacecraft originally were to fly on separate missions on startup ABL Space Systems’ RS1.

Benchmark Space Systems, a propulsion systems manufacturer, has raised a $33 million Series B round.

Textron Aviation has won type certification from the National Civil Aviation Authority of Brazil (ANAC) for its Cessna 408 SkyCourier utility turboprop.

SWEDISH BIOFUELS announced ASTM International has accepted the use of C2 to C5 alcohols as feedstock.

HÉROUX-DEVTEK had C$4m net income on C$140.7m sales for first quarter ended June 30 vs C$965k on $114.1m a year ago.

TRANSDIGM had $352m net income on $1.7b sales for third quarter ended June 30 vs $239m on $1.4b a year ago.

Startup Transcend Air has redesigned its turbine-powered tiltwing VTOL aircraft and is working to raise the funds required to build a proof-of-concept vehicle.

Northrop Grumman is accelerating its proposal and says it could deliver its Next Generation Interceptor prototype as early as 2026.

BAA TRAINING FRANCE is being established near Orly with four full-flight simulators for operation by end 2023.

HEICO completed acquisition of WENCOR GROUP, GA for $2.05b in cash/stock, it largest transaction in purchase price.

Christopher England to new Global Sales Director of TP Aerospace, Copenhagen

Space tourism company makes room for experiments and prototypes.

Trade-offs involving battery weight and range are inevitable in electric aviation, but German startup Vaeridion thinks that it has a novel solution.

Lockheed Martin has opened a 20,000-ft.2 small satellite assembly facility at its Waterton campus in Littleton, Colorado.

Amazon plans to take advantage of an earlier opportunity to fly a pair of test satellites for its Kuiper broadband constellation.

Redesigning and testing part of the parachute system on the Boeing CST-100 Starliner spacecraft will delay a long-awaited crew flight test (CFT) until March 2024 at the earliest.