Aerospace

NORSK TITANIUM completed Master Supply Agreement negotiations with Airbus Aerostructures for printed preforms.

GARDNER AEROSPACE, Derby secured £45m financing from HSBC UK to refinance debt and bolster working capital.

BOOM received first-of-its-kind Special Flight Authorization (SFA) from FAA to fly the XB-1 beyond Mach 1 during flight testing (in Black Mountain Supersonic Corridor), later in 2024, at Mojave; aircraft has made one sub-supersonic flight.

Vertiport developer and drone operator Skyports has raised more than $110 million in a Series C funding round.

Dark, a developer of a space junk interceptor rocket, has raised a $6 million seed round extension.

The U.S. Missile Defense Agency seeks to field an “interim capability” against hypersonic glide vehicles by 2029 as the Glide Phase Interceptor slides to 2035.

The special flight authorization is the first ever issued by the FAA for tests of a civil supersonic aircraft.

Boeing’s first crewed CST-100 Starliner capsule was rolled out to Space Launch Complex 41 at Cape Canaveral SFS on April 16.

BOEING says it has committed to purchase 9.4m gallons of SAF (produced by Neste and World Energy) to support US commercial operations in 2024.

LILIUM began production of aviation grade battery packs for the Lilium Jet; first flight is targeted for end of 2024.

ENTROL AMERICA plans in September 2024 to open flight simulator maintenance center in Monterrey, Mexico.

Lilium has begun producing battery packs for the first prototype Lilium Jet.

Czech startup Zuri has completed a large-scale ground testbed for its planned five-seat hybrid-electric vertical-takeoff-and-landing air taxi.

Supported by Itochu, Germany’s Wingcopter has applied for Japanese certification of its Wingcopter 198 delivery drone.

Scandinavian Seaplanes, Norway’s largest seaplane operator, has signed a strategic partnership with Dovetail Electric Aviation to electrify its fleet.

The MEBAA Show will return to Dubai this year, offering access to the region’s private jet market.

Moya Aero is preparing to test automated takeoff, flight to predefined points, return to home and landing on its demonstrator eVTOL.

Organizations are making progress but still debating the best way to prevent contrail formation.

ENAER signed two agreements with Embraer to provide component manufacturing and maintenance for A-29s, C-390s and E-Jets in Chile.

SOPRA STERIA established a subsidiary in Toronto/Montreal Canada.

MONTE teamed with Natilus to provide leasing/financing options for customers of the Kona blended-wing-body aircraft.

KOREA AEROSPACE INDUSTRIES was selected by Eve to supply pylons (to support electric power units and eight lift propellers) for its eVTOL aircraft under development; Eve’s eVTOL is scheduled to begin deliveries and enter service in '26.

AAR extended/expanded V2500 component distribution agreement with Sumitomo Precision Products, adding all starter and valve subcomponents to deal that originally included the pneumatic starter and starter control valve.

Electric Power Systems (EPS) has unveiled a new battery, the Electric Propulsion ion Core Ecosystem 2.0 (EPIC 2.0), that promises 90 min. of power for flight and 30 min. of reserve power.

The AAM Stock Composite declined 8% during the week ending April 12, dragged lower by broad-based selling among air taxi OEMs.