Venture capital groups for Airbus and Boeing have teamed with others to provide a $10 million seed funding round for Arizona-based Solestial, a startup working on solar panel technology for satellites and spacecraft.
French startup Aura Aero is looking to acquire a small carbon-fiber specialist as it intends to use the material for the wing of its planned 19-seat Electric Regional Aircraft.
Eutelsat Communications said Oct. 12 that its proposed acquisition of OneWeb would grow its annual expected revenue to almost $2 billion by fiscal 2027, from less than $1.2 billion in fiscal 2021.
Pioneering space tourist Dennis Tito, who 21 years ago became the first privately paying passenger to visit the International Space Station, has booked two seats aboard a planned SpaceX Starship mission around the Moon.
Energy management company KULR Technology Group has acquired a vibration reduction capability originally developed to balance helicopter rotors that it plans to expand to “anything that spins,” from electric motors to wind turbines.
China’s XPeng AeroHT has completed the first public flight of its fifth-generation X2 electric vertical takeoff and landing aircraft, in Dubai, as it prepares to release details of its planned sixth-generation fly/drive vehicle.
South Korean startup Plana has secured $9 million in pre-Series A funding to continue development of its planned hybrid-electric vertical takeoff and landing air taxi.
The 2022 edition of the National Business Aviation Association’s Business Aviation Convention and Exhibition (NBAA-BACE) is the second since COVID-19 first threatened business aviation’s existence then turbocharged the industry’s growth.
A pair of test satellites for Amazon’s planned 3,236-member Kuiper broadband constellation will be launched as secondary payloads on the debut flight of United Launch Alliance’s Vulcan-Centaur rocket, targeted for early 2023.
Saudi Arabia has concluded participation of the 41st International Civil Aviation Organization (ICAO) Assembly, where Saudi Arabia won election to the ICAO Council for the 2023-25 term.
The Secretary General of AFRAA, Abdérahmane Berthé has met Ethiopian Airlines Group Chief Executive Officer, Mesfin Tasew Bekele, for discussions in Ethiopia.
New standardized mechanical interfaces for grappling and connecting spacecraft are critical to enabling growth of the in-space servicing, assembly and manufacturing industries, a panel of industry players says.
Raytheon Technologies has made a minority investment in Swiss electric propulsion startup H55, a technology spinoff from the Solar Impulse solar-powered, around-the-world aircraft project.
