An investment fund formed last summer to support small and medium enterprises in the French aerospace sector has received an additional €100 million ($120 million) from the Credit Agricole banking group, thus bringing it closer to its goal of raising a total of €1 billion.
U.S.-based emergency air transport provider Hatzolah Air has placed four preorders for an air ambulance version of the CityHawk vertical-takeoff-and-landing vehicle under development by Israel’s Urban Aeronautics.
The benefits of cost savings, inventory reduction, increased cash flow and office efficiencies have never been more important. Learn how one company is poised to deliver via innovative supply chain services for Japanese aerospace as demand grows.
Japanese express delivery company Yamato Holdings is collaborating with the Japan Aerospace Exploration Agency (JAXA) on the design of a cargo pod for an electric vertical-takeoff-and-landing aerial logistics system that the company plans to introduce early this decade.
The publicly traded aerospace and defense (A&D) sector saw its share prices fall 16% collectively in 2020, with commercial aerospace companies plummeting 21% and defense companies dropping 8%, according to Vertical Research Partners.
