Korea Aerospace Industries plans to enter the urban air mobility market as part of a new strategy to make the South Korean manufacturer the No. 1 aerospace company in Asia by 2030.
Swedish-British small satellite manufacturer AAC Clyde Space this month entered a conditional agreement to buy privately owned Omnisys Instruments, a Swedish developer and manufacturer of sensors for space projects, in a deal worth about $8.7 million.
Agriculture is the latest market to get the electric vertical flight treatment, with crop protection startup Guardian Agriculture emerging from stealth with a $10.5 million seed funding round.
Willie Walsh will be doing one of his very first interviews as the new IATA Director General at the World Aviation Festival Virtual on Tuesday, 20 April, 9:30 AM to 10:00 AM GMT.
Privately owned TECT Aerospace of Wichita, which manufactures complex aerostructure components, parts and assemblies, filed to begin U.S. bankruptcy proceedings April 6.
As SpaceX prepared to deliver its 24th batch of Starlink satellites into orbit this week, President and Chief Operating Officer Gwynne Shotwell said beta trials will continue until the network, designed to deliver high-speed, low-latency internet, is more reliable.
With more than 100 companies trying to break into the nascent urban air mobility market, it is perhaps inevitable that some of the vehicle designs look similar. But Boeing-backed Wisk sees enough similarities between one of its designs and new entrant Archer’s aircraft that it has filed a lawsuit.
Bell Textron has delivered a Bell 505 helicopter equipped with the Med-Pac Emergency Medical Services Lite Interior to BAR Aviation. This marks the first Bell 505 in Uganda and the first Bell 505 designed to complete medical evacuation (medevac) missions in Africa.
