At the end of 2020, South Korean automaker Hyundai revealed that it planned to field a longer-range regional air mobility vehicle as a follow-on to the electric vertical takeoff and landing urban air taxi it is developing for market entry in 2028.
Citing the need for local policymakers to understand the emerging technologies, the World Economic Forum has launched the Advanced and Urban Aerial Mobility Cities and Regions Coalition.
Ad Astra Rocket Co., Costa Rica SRL, and Mesoamerica, a Latin American asset manager, are forming a joint venture, ProNova Energy, to develop green hydrogen energy strategies for a global customer base and Latin American prospects
Aphelion Aerospace, a five-year-old startup targeting nanosatellite launches with its proposed environmentally friendly fueled rocket, is launching a crowdsourcing funding effort.
Sharjah Airport has won the ‘Best Airport in the Middle East’ award in the five to 15 million passenger per year category and the ‘Voice of the Customer’ accreditation given by the Airports Council International (ACI).
Rafael Advanced Defense Systems has released its financial results for the 2021 fiscal year as was approved by the company's Board of Directors, with a total of $3.075 billion in sales, and a net profit of $133 million.
Eyeing fast-growing demand for small satellite constellations from both defense and commercial customers, Boeing subsidiary Millennium Space Systems is opening a new “high-throughput” small satellite production facility.
With Swiss International Airlines as its first customer, solar kerosene startup Synhelion has selected Germany’s Ineratec to provide the Fischer-Tropsch technology required to produce carbon-neutral aviation fuel using concentrated sunlight.