ARCHER AVIATION raised additional $850m, via private offering of 85m shares of Class A common stock at a price of $10 each, following US announcement to implement an eVTOL Integration Pilot Program; it now has $2b in liquidity.
The June 24-25 NATO summit and Trump’s threatened imposition of 50% tariffs on EU imports on July 9 are casting dark foreshadowings over this year’s air show.
XTI AEROSPACE has completed >1,500 complex computational fluid dynamics (CFD) calculations, using US Department of Energy's Oak Ridge National Laboratory Frontier supercomputer, for aerodynamics design of its TriFan 600 xVTOL.
GENERAL ATOMICS AEROTEC SYSTEMS (GA-ATS) and AEE AIRCRAFT ELECTRONIC ENGINEERING teamed on redevelopment of the Engine Interface Unit (EIU) and the Central Warning System (CAWS) for Do228 NXT special mission aircraft.
An integration pilot program to be set up by the FAA under the direction of an executive order signed by President Donald Trump is expected to begin in 2026.
