Kongsberg NanoAvionics plans to make a “multimillion” euro investment to increase its manufacturing capacity to produce several hundred small satellites annually.
NASA is now spending more money with SpaceX than Boeing, Lockheed or any other single contractor aside from the California Institute of Technology, which operates the Jet Propulsion Laboratory.
Airports and fixed-base operators that plan to service electric air vehicles should have plans in place at least a year ahead of their arrival, says the developer of the Alia-250 electric vertical takeoff and landing aircraft.
Monte Aircraft Leasing has placed a firm order with hybrid-electric propulsion startup Ampaire for 25 Eco Caravans with an option for an additional 25 of the converted Cessna Grand Caravans.
The Advanced Air Mobility Composite for publicly held AAM stocks closed Oct. 17 down 4% for the five-day period compared to the previous five days of Oct. 3-10.
Detailing its plans for deploying the several types of advanced air mobility vehicles it has on order, Bristow Group says it is important for established operators to play an active role in ensuring the safe introduction of the new types of aircraft.
California-based electrical vertical takeoff and landing startup Overair has begun assembly of the XP-1 uncrewed full-scale demonstrator for the Butterfly tiltrotor air taxi which is expected to fly by the end of 2023.
Much of society may think the COVID-19 pandemic is mostly behind us, but in corner offices and boardrooms across the aerospace sector, industry is concerned about the next wave.