Aerospace

SIGNIA AEROSPACE (Arcline Investment Management) acquired MEEKER AVIATION, CA (external payload mounts).

Jason Johnson to Chief Commercial Officer of Peloton Aerospace, Fort Worth, TX.

GKN AEROSPACE signed agreement with GE Aerospace to develop new technologies to reduce carbon emissions and costs, supply GEnx, CF6, GE90 and GE9X fan cases, and join GEnx engine repair network to support >2,000 engines.

The AAM Stock Composite rebounded by more than 12% during the week ending Nov. 3, reversing a stretch of large weekly losses.

Rotary engine and hybrid power system developer LiquidPiston has raised $30 million through a crowdfunding campaign on DealMaker.

The Korea Aerospace Research Institute has flown its electric- vertical-takeoff-and-landing technology demonstrator in public for the first time.

Brazilian startup Moya Aero has secured another customer for its high-capacity electric-vertical-takeoff-and-landing uncrewed aircraft.

South Korean automotive engine component supplier Sambo Motors has unveiled a single-seat personal eVTOL vehicle.

Norway’s Andøya Spaceport has opened new facilities to enable satellite launches from the High North of Scandinavia.

Emirati defense conglomerate Edge Group has purchased a majority stake in Switzerland-based vertical-takeoff-and-landing UAS developer Anavia.

The design of the Extra Performance Wing combines the reduced drag of a high-aspect-ratio wing with the greater efficiency of an adaptive profile.

China’s iSpace has completed the country’s first test of a reusable rocket, performing a 50-sec. "hop" with the first stage of its Hyperbola-2 launch vehicle.

GKN Aerospace has strengthened its position on several GE engine programs through a new, wide-ranging agreement.

The threat of intense air attacks from UAVs, missiles and rockets are increasing and many defence contractors will be at next week’s Dubai International Air Show ready to counter these threats.

Royal Jordanian recorded a JD27.5 million (US$ 38,770) net profit after tax in the third quarter of 2023.

U.S. Air Force welcomes eCTOL; simulating hydrogen turnaround; China’s TCab flies eVTOL; and flying quantum sensor.

Days after a ransomware group claimed responsibility for a cyber breach, Boeing confirmed a cyberattack was affecting online Global Services operations.

Archer Chief Commercial Officer Nikhil Goel sat down again with the AAM Report.

Volocopter has conducted crewed flight tests of its 2X electric- vertical-takeoff-and-landing (eVTOL) prototype at Tampa International Airport (TPA) in Florida.

SpaceX’s internet-beaming Starlink satellite division has reached cash flow breakeven, CEO Elon Musk says.

The German startup describes the flights as the first by an eVTOL at large international airport in the U.S.

The six Survice-Malloy TRV-150C octorotors are now operational in the Third Littoral Logistics Battalion at Kaneohe Bay, Hawaii.

Draper Associates is an early-stage venture capital company led by investor Tim Draper that has funded companies including SpaceX and Tesla.

Swiss startup Dufour Aerospace has delivered an Aero2 X2.2 demo to U.S. drone operator Spright for flight testing of the electric tiltwing UAS in Oregon.

Australian electric propulsion startup Kite Magnetics has opened its Green Aviation Test Facility in Melbourne.