Aerospace

HONEYWELL teamed with Worcester Polytechnic Institute (WPI) to study hydrogen storage and power generation technology for aircraft/drones.

CPI AEROSTRUCTURES had $9.2m net income on $83.3m revenues in 2022 vs $6.8m on $103.4m in 2021.

ZEROAVIA and ABSOLUT HYDROGEN teamed to explore liquid hydrogen production, storage and refueling services.

SKY MART, FL was selected by Socomore, Canada as authorized distributor of its aerospace surface preparation products in the Americas.

Czech startup Zuri has launched a pre-Series A funding round, aiming to raise up to $1.6 million for development of its planned hybrid eVTOL air taxi.

Orbit Fab, an in-space refueling depot startup that aims to provide fuel for satellites beginning in 2025, has completed a Series A round of funding.

AE Industrial Partners, a private equity investment firm in the aerospace and defense sector, has unveiled a partnership with Space Florida.

Visiona’s goal is to field a constellation of similar, Earth-observing nanosatellites if the mission is successful, then move on to bigger satellites.

ZeroAvia plans to enter the market in 2025 with the 600-kW ZA600 fuel-cell powertrain retrofit for 9-19-seat regional aircraft.

A three-month project to see mail delivered by UAS between hubs on different islands in the Orkney archipelago is to launch this spring.

The Advanced Air Mobility Stock Composite climbed 5.6% during the week ending April 14.

California-based Skyway is to provide vertiport management systems and urban air traffic management infrastructure to Australian vertiport developer Skyportz.

Thales Alenia Space has matured technologies and production processes for its Spacebus Neo all-electric telecommunications satellite platform.

The space industry faces a “double bind” of insufficient launch capacity in the short term and oversupply in the long run, a McKinsey & Co. report says.

SpaceX has turned the first launch attempt of its integrated Starship/Super Heavy vehicle into a wet dress rehearsal.

Boom says its XB-1 third-scale demonstrator “continues to progress through successful ground and taxi testing."

On the eve of the first integrated flight test of the Starship/Super Heavy, SpaceX CEO Elon Musk says his most fervent wish is to not destroy the launchpad.

Deliveries have plummeted and Airbus is doubling down with a new assembly line. Analysts Sash Tusa and Richard Aboulafia join Aviation Week editors to discuss.

The aviation sector is addressing the humanitarian consequences of climate change in the most responsible way that goes beyond its own footprint.

The FAA has issued a vehicle operator license to SpaceX for the first orbital flight test of its Starship/Super Heavy launch system.

Small geostationary satellite provider Astranis on April 14 announced a $250 million Series C financing round.

REX, Australia acquired 20% stake in DOVETAIL ELECTRIC AVIATION, which is developing electric propulsion system.

REGENT, RI unveiled full-scale mock-up of its Viceroy all-electric seaglider prototype for flight testing in 2024.

MAEVE AEROSPACE, Netherlands plans to develop 44-pax all-electric regional airliner with range of 460 km for 2029.

Dennis Muilenberg and David Neeleman joined the Board of Advisors of REGENT, North Kingstown, RI.