Aerospace

Pale Blue has won a contract to provide its Resitojet water-vapor based propulsion system for a pair of 6U cubesats.

The Advanced Air Mobility Stock Composite was little changed during the week ending Aug. 4.

Eviation has appointed Seattle-based engineering company TLG Aerospace to design the production configuration for the Alice electric regional aircraft.

SpaceX has hot fired the engines of its next Super Heavy booster as it prepared for a second flight test of an integrated Starship-Super Heavy vehicle.

A new U.S. effort to prove technology for reusable hypersonic flight is inching forward as government scientists seek information on industry-funded projects.

Comac/CATL electric aircraft venture; high-power silicon battery; JetBlue and carbon capture; and fly/drive evTOL hovers.

Nikhil Goel helped establish the vision of urban air mobility (UAM) that has since captured the imaginations of entrepreneurs and investors around the world.

INDRA, Spain and BAIN CAPITAL agreed to acquire 9.5% of ITP AERO, Spain (engine components) for €175m.

Owners of Catalina Aircraft Trust, plan to revive and update the aircraft as a new Next-Generation transport category turboprop with modern technology.

Spanish defense electronics supplier Indra is taking a stake in compatriot ITP Aero, the aero-engine company sold off by Rolls-Royce in 2021.

The Amprius battery cell has a power density of 400 Wh/kg at a C/5 discharge rate typical of electric vehicles.

The Aska A5 eVTOL vehicle has six propellers mounted on fore and aft wings that are folded along the top of the fuselage in drive mode.

If China actively enforces its export controls, the U.S. is certain to step up supply chain efforts with allies to reduce dependency on Beijing.

A mix of old and new brought thousands of aviation enthusiasts to the annual fly-in and convention in Oshkosh.

Some EAGLE executive committee members briefed pilots on progress made by the four developers of candidate unleaded fuels.

Vertical Aerospace said it will begin conducting crewed thrust-borne test flights of its full-scale VX4 prototype.

Northrop Grumman plans to increase the cargo capacity of its Cygnus cargo spacecraft from 3,750 kg to 5,000 kg.

Rolls management’s top priority is regaining an investment-grade credit rating as work continues on reducing the engine-maker's debt pile.

VERTICAL AEROSPACE, UK lost £36m in 1H23 due to development costs for full-scale VX4 prototype. It has £89.7m cash.

BLUEBOX, UK was selected by AirJapan to provide Blueview IFE system for its 787s for startup in February 2024.

ASTRONICS announced that it has accepted purchase orders to provide certain electrical power distribution, conversion, and vehicle charge control capabilities.

KAMAN had $5.3m net income on $195.2m sales in 2Q23 vs $3.8m on $160.8m in 2Q22. It has $34.3m in cash.

JOBY AVIATION posted net loss of $286m in 2Q23, reflecting loss on the revaluation of derivative liabilities of $181m and operating expenses of $116m.

ALTA added Textron Aviation as new member.

ATI had $76m net income on $1b sales (58% aerospace/defense) in 2Q23 vs $38m loss on $959.5m (46%) in 2Q22.