Chairman Helmuth Ludwig explained the personnel changes stem from the board’s desire to “to unlock the potential of Circor and accelerate progress on our strategic priorities.”
Two early-stage startups have joined forces to lay the foundations for an on-demand regional air service in Western Australia using small electric aircraft.
SalamAir is marking its five years of successful operation with 500free tickets to spread among its passengers who have partnered in the company’s success story.
Swiss startup Daedalean has closed a $58 million financing round that will provide the funds needed to bring its machine-leaning-based visual guidance, navigation and control suite to market over the next four years.
More sustainable aviation fuel (SAF) production plants are being announced in the U.S. and Middle East as energy companies respond to commitments from airlines to net-zero carbon emissions by 2050.
Radian Aerospace has unveiled plans for “the world’s first fully reusable horizontal takeoff and landing, single-stage to orbit spaceplane” for sending passengers and cargo to low Earth orbit.
AJW Group, an independent aircraft component parts, repair and supply chain solutions provider, and Honeywell, have announced a worldwide sole distributor agreement.
Satellite-powered hyperspectral imagery and analytics startup HySpecIQ is aiming to raise more funds and grow its small staff ahead of an expected September 2023 launch of its first of 12 orbital assets.
The Hamburg Port Authority has formed a technology partnership with drone control center developer HHLA Sky to accelerate use of drones within the German port for logistics, surveillance, inspection and emergency coordination.
A Japanese team has demonstrated an integrated sea-air drone combining an unmanned aircraft and underwater robot and designed to reduce the cost and risk of marine inspections and repairs.
UK startup Electric Aviation Group is continuing its strategy of building out the enabling technologies for its planned zero-emissions 90-seat hydrogen hybrid-electric regional airliner, the H2ERA.
Seasoned dealmakers say late 2022-early 2023 could see a long-awaited—and potentially dramatic—revival in commercial aero M&A among small and midsized enterprises.
