Neuraspace, a Portuguese startup looking to use artificial intelligence for space debris and satellite collision avoidance services, has landed more than $2.7 million from Armilar Venture Partners to accelerate the commercialization of its platform.
Barry Matsumori, a SpaceX veteran and until recently the CEO of space optical communications startup BridgeComm, was named the chief operating officer of Impulse Space Propulsion, the new in-orbit transfer services company founded by Tom Mueller, a SpaceX co-founder and its longtime chief technology officer.
A UK consortium led by Embraer company Eve UAM has completed a concept of operations for urban air mobility in London that identifies the near-term challenges and actions required to enable electric air taxi service.
The UK’s Cranfield Aerospace Solutions has secured £10.5 million ($13.8 million) in investment from HydrogenOne Capital Growth and Safran to develop hydrogen fuel-cell electric propulsion for aviation.
The Public Investment Fund (PIF) has said that five leading Saudi businesses have signed an MoU to become the first potential partners of the MENA regional Voluntary Carbon Market (VCM).
Bell Textron announced a signed purchase agreement with BAR Aviation for a Bell 412EPi to support 24/7 medical evacuation missions and the new development of oil and gas projects in Uganda.
Japanese commercial UAV company Terra Drone has raised $70 million in Series B venture capital from local investors and will apply the funds toward a drone air traffic management service.
NASA plans to extend its Human Landing System contract with SpaceX to cover a second crewed landing on the Moon and launch a parallel procurement leading to a second commercial provider for crewed transportation services to and from lunar orbit and the lunar surface.
Volocopter has taken another step toward its goal of operating a commercial electric air taxi service during the 2024 Paris Olympics by conducting a series of test flights in France to measure its aircraft’s acoustic signature.
Japanese automaker Suzuki Motor is looking at adding electric air taxis to its lineup of compact cars and motorcycles and targeting markets such as India through a partnership with Tokyo-based startup SkyDrive.