Aerospace

Tokyo-based Gitai, a startup developing several space robots, has raised about ¥4 billion ($29 million) in funding as part of a Series B extension round.

Lilium has signed a pair of firm agreements for its Pioneer Edition Lilium Jet with two European operators.

Asked whether the aspiration to have certifiable AAM aircraft flying by 2025 was realistic, panelists reached an emphatic conclusion: absolutely yes.

The Malaysian helicopter operator also inked a deal with Leonardo for five more AW139 twin-engine helicopters at the LIMA Exhibition in Langkawi.

Recaro Aircraft Seating, a market leader for economy-class seats, has seen demand return following the pandemic, but parts shortages are an everyday challenge.

Virgin Orbit will close after its assets were bought by four bankruptcy bidders including Rocket Lab and Stratolaunch.

CHELTON, UK selected Infor CloudSuite Aerospace & Defence as its ERP platform.

TRIUMPH GEARED SOLUTIONS has GE Aerospace contract to supply LEAP inlet gearboxes out of Macomb, MI.

CANADIAN MATERIALS TESTING BUREAU was granted C$174,000 in under government program to help Quebec's aerospace sector to recover.

Alexander Varlahanov to Chief Technology Officer at Velo3D, CA.

AIRBORNE, The Hague was selected by Airbus to supply an Automated Ply Placement (APP) system at Getafe.

WORLD FUEL SERVICES signed distribution agreement with Neste to expand availability of SAF from 13 to >40 airports.

HEICO FLIGHT SUPPORT GROUP earned $100m on $392m sales for second quarter ended April 30 vs $66.2m on $306m a year ago.

The agreement starts with Sky2Share acquiring the five-seat Cassio 330.

NASA’s LROC has captured what appears to be images of debris scattered on the Moon at the planned landing site of ispace’s lunar lander, which crashed in April.

Targeting the bizav sector, eVTOL developer Lilium shows off the aircraft interior of the high-end Pioneer Edition at EBACE.

High-speed airliner developer Boom Supersonic agreed to a sustainable aviation fuel deal with power-to-liquid producer Dimensional Energy for Overture testing.

Frederic Lemos, head of Airbus Corporate Helicopters, talks about the market prospects for the ACH160.

The company has a $2.5 billion backlog but also fast-shrinking cash reserves.

Accidents are becoming more survivable, meaning regulators are doing their jobs, but finding additional improvements has become more challenging.

To succeed, innovators must cultivate confidence among regulators, the flying public and investors.

Technology being hatched under Europe’s newly launched Clean Aviation aeronautics research program could help decarbonize business aviation.

ULA returned its first Vulcan rocket to the launchpad on May 22 in preparation for a static test firing of the booster’s dual BE-4 main engines.

Daher says it will narrow down design options for either a lightly hybridized or all-electric production follow-on to the EcoPulse demonstrator.

Kawasaki Motors has made a strategic investment of an undisclosed amount in VoltAero, a hybrid-electric aircraft developer.