Despite the worldwide pandemic, the global space economy grew 4.4% last year to reach $447 billion, with the commercial sector accounting for the bulk of the increase, a new Space Foundation report shows.
Embraer company Eve Urban Air Mobility is expanding its list of customers well ahead of entering the market with an electric vertical takeoff-and-landing air taxi.
Virgin Orbit, the small-satellite launching startup under aerospace entrepreneur Richard Branson’s portfolio that started operations this year, plans to end 2021 as a publicly traded company after a reverse merger with a special purpose acquisition company, executives announced Aug. 23.
Switzerland’s Dufour Aerospace is unusual among electric vertical-takeoff-and-landing startups in targeting the established helicopter market, and in particular emergency medical services.
Il-112 manufacturer United Aircraft Corporation has announced the suspension of flight trials of the Ilyushin Il-114 prototype after the crash of an Il-112 which has similar engines.
Collins Aerospace is to develop an environmental control and life-support system (ECLSS) for a privately owned and operated outpost in low Earth orbit for an unidentified customer.
Millennium Space Systems says last month’s early re-entry of an experimental spacecraft successfully demonstrated the ability of deployable tape technology to significantly accelerate de-orbiting a satellite.
Oman Air has signed a sponsorship agreement with the Oman Football Association (OFA) renewing its role as key partner and official carrier for national football teams in the Sultanate.
The rise of launch companies like SpaceX and Rocket Lab have shown the U.S. government how it can leverage the investment of private companies to reduce its costs and improve its technologies.
Low-Earth-orbit launch upstart Rocket Lab will become a publicly traded company Aug. 25 after shareholders approved a reverse merger with Vector Acquisition, a special purpose acquisition company, grossing three-quarters of a billion dollars for the 15-year-old rocket company.
Disruptive innovation by startups could play a key role in enabling a sustainable future for aviation, but the sector is barely being considered by investors, the Hamburg-based Sustainable Aero Lab says.
Increased flight activity during the last quarter boosted TransDigm’s aftermarket sales both sequentially and year-over-year (YOY), yet another positive sign that the sector is in recovery mode.
The Dubai Airshow 2021, set to take place from 14-18 November 2021, serves as a key indicator of Dubai’s success in overcoming the challenges that the pandemic has posed while creating opportunities for global business.
The study, conducted by the DLR’s Institute of Maintenance, Repair and Overhaul (MRO), focused initially on engine washes as part of a broader effort to develop a modular framework for life-cycle assessment of aircraft maintenance.
