Electra.aero conducted the first flight of its Dawn One solar-battery hybrid-electric research aircraft at its new development facility at Manassas Regional Airport in Virginia on Sept. 9.
The Foreign Corrupt Practices Act (FCPA) is a far-reaching piece of U.S. legislation highly relevant to companies doing business with foreign governments and foreign state-owned entities, and of particular interest to the aviation sector. Having an effective compliance program and effective internal controls are critical safeguards against running afoul of the FCPA.
Augustine’s “Law XVI” noted that every generation of aircraft is more expensive than the last, and for decades this “law” seemed to be true. Now the spiral of rising aircraft development costs has finally been conquered, thanks to new digital capabilities to handle the complexity that drives it.
MintAir, a startup that plans to become an advanced air mobility operator in South Korea, has signed a letter of intent with Electra.aero to acquire 50 electric short takeoff and landing aircraft for passenger and cargo regional air mobility services.
First flight of the all-electric commuter and cargo aircraft prototype is a major milestone on the road toward the fielding of a new generation of sustainable air vehicles.
Embraer spinoff Eve Holding has signed an agreement with on-demand helicopter service provider Blade India that covers electric air taxis and urban air traffic management software.
Taylor Moreland, the owner of Agri Spray Drones, the largest U.S. distributor of agricultural drones, breaks down the benefits of his UAVs and explains why they are not a threat to crop dusters.
The Federal Reserve’s meeting on Sept. 22 lived up to expectations, with the Fed increasing interest rates by three-quarters of a point, the third consecutive increase and fifth hike in 2022.
