The merger values the electric air taxi developer at $2.4 billion, a price backed up by the largest conditional orderbook in the advanced air mobility market.
The FAA on Dec. 20 granted a license to Spaceport Camden in Camden County, Georgia, for small-rocket launches to low Earth orbit after several years of local community debate.
SpaceX set a new record for Falcon 9 booster reuse, launching and landing its fleet leader for an 11th time on Dec. 18 as the company neared the end of a 2021 launch manifest that aims for a record 31 flights.
In Vancouver, British Columbia, Harbour Air Seaplanes has begun modifying a second de Havilland Canada DHC-2 Beaver to electric propulsion and will begin certification flight testing in 2022.
Archer has flown its Maker technology demonstrator, joining other leaders in the electric vertical takeoff and landing industry in flying a vehicle similar in scale to its planned urban air taxi.
The Soyuz MS-20 carrying Yusaku Maezawa, Yozo Hirano and veteran cosmonaut Alexander Misurkin touched down in remote Kazakhstan on Dec. 20, marking the end of a 12-day private spaceflight.
The U.S. Justice Department has unveiled an ongoing antitrust investigation into labor market allocation in the aerospace engineering market, revealing indictments against six executives who are alleged to have established an anti-poaching regime among their companies.
The six-year-old startup, which said it reached profitability in 2020, is one of many targeting the burgeoning counter-UAS product and services market.
Completion of Vertical Aerospace’s going-public merger with blank-check company Broadstone Acquisition on Dec. 16 took the total announced funding raised in 2021 by the nascent advanced air mobility industry to more than $5 billion.
Counter-drone systems specialist Dedrone has landed $30.5 million in Series C venture capital, the company announced Dec. 17, and is working to be able to detect, identify and track more than 200 different UAS.
Stoke Space, a startup trying to develop a completely reusable rocket for the burgeoning commercial satellite market, has closed a $65 million Series A venture capital round that will go toward developing a rapidly repeatable second-stage segment.
Bristow's partnership with California-based Overair covers the potential purchase of 20-50 of the startup’s Butterfly quad-tiltrotor platforms and collaboration on commercialization of the platform.
