Design changes and component supply issues have pushed back the first flight of the certification prototype for Harbour Air Seaplanes’ conversion of the de Havilland Canada DHC-2 Beaver to electric propulsion.
Several venture capital firms and the related office at Lockheed Martin have teamed to invest $27 million in X-Bow Systems, an Albuquerque, New Mexico-based additive manufacturing startup targeting production of solid rocket energetics.
VoltAero’s Cassio 1 hybrid-electric testbed aircraft is anticipated to surpass 10,000 km of flight en route to the AERO Friedrichshafen general aviation trade show in Germany.
Raytheon Technologies has shaved back its forecasted revenue for 2022, but the Super Tier 1 supplier reiterated the rest of its full-year profit guidance, illustrating how the wider Western aerospace and defense industry continues to encounter headwinds in its recovery from the COVID-19 pandemic, but not enough to derail momentum.
A large white tent in the middle of an English Midland town center parking lot is providing the advanced air mobility industry with a sense of the infrastructure it may need to serve its customers.
Hours after a SpaceX Crew Dragon capsule returned from a privately financed sortie to the International Space Station (ISS), NASA cleared the company to proceed with a launch attempt at 3:52 a.m. EDT on April 27 to deliver the next resident crew to the orbital outpost.
Autonomous electric aircraft developer Pyka has closed a $37 million Series A funding round to support production of its Pelican uncrewed crop sprayer and develop a cargo version of the aircraft.
Capella Space has raised $97 million through a Series C financing round that it plans to spend on further developing its automated image analysis software and next-generation satellites.
