The investment fully funds E-Space’s Beta 1 launch of its first test satellites in March, as well as its Beta 2 launch “later” this year, the company says.
Rolls-Royce is continuing to produce Trent 1000 and Trent XWB fan blades in Singapore at maximum volume, despite depressed demand for widebody aircraft in recent years as a result of the pandemic.
Chinese-owned Dornier Seawings has acquired the rights to a light amphibious aircraft that it plans to produce alongside the 12-passenger Seastar CD2 flying boat.
South Korea’s ambition to launch urban air mobility services in 2025 has been boosted by the signing of a strategic collaboration agreement between air taxi developer Joby Aviation and Korean telecommunications giant SK Telecom.
After Denmark’s Prime Minister in January set the goal of all domestic aviation being fossil-free by 2030, a massive Danish project to produce sustainable fuels from renewable energy is investigating whether it can begin jet fuel production in 2025, two years earlier than planned.
Saudi Arabia’s World Defense Show has officially sold out all exhibition space. Visitors have until February 10th to register for the inaugural event by visiting www.worlddefenseshow.com .
U.S. regional airline Mesa Air Group has invested in startup Regent and signed a letter of intent to purchase 200 of its sea-skimming electric seagliders for overwater routes between coastal cities.
The UK is moving to bolster its burgeoning sustainable space sector with government funding for projects to advance capabilities ranging from situational awareness to debris removal.
A team including former NASA Acting Administrator Steve Jurczyk has unveiled a new business venture to develop and operate a reconfigurable robotic outpost and space tug in cislunar space, with an eye on providing payload hosting, communications, in-space transportation, remote sensing and other services to commercial and government customers, including the Defense Department.
Japanese equipment and machinery leasing company Fuyo General Lease has invested in Bye Aerospace and “entered into a capital alliance” to support the Colorado-based startup’s development of electric-powered aircraft.