Electric motor developer MagniX is consolidating its global operations near Everett, Washington state. Electric aircraft startup Eviation, a sister company of MagniX, is building a final assembly, flight test and delivery center in Arlington, just north of Everett.
Organisers of the ACI Conference and Exhibition in Mombasa, Kenya, have postponed the event that was due to take place in March this year, until March 2022.
Leading Tier 1 supplier Spirit AeroSystems and the U.S. Export-Import Bank (Ex-Im) have inaugurated a new kind of federally backed, discounted-rate lending for aerospace suppliers—beginning with a $40 million transaction based on receivables from Spirit’s lower-tier providers.
Airbus delivered 566 commercial aircraft to 87 customers in 2020, in line with the production adaptation plan set out in April 2020 in response to the COVID-19 pandemic.
Siemens Digital Industries Software offers a complete aerostructure simulation solution that enables traceable data and results while maintaining consistent global process control.
Airbus says it has completed the Preliminary Design Review on the UK’s new Skynet 6A military communications satellite. The review occurred in November and was completed virtually due to the restrictions in place because of the novel coronavirus pandemic, Airbus announced Jan. 14.
Lockheed Martin, prime contractor for NASA’s deep-space crewed Orion spacecraft, has completed assembly and testing of the capsule earmarked for a flight test in November and transferred possession to NASA.
Blue Origin credits a team of experienced industry partners with its success so far as a competitor to build NASA’s lunar Human Landing System to shuttle future astronauts between lunar orbit and the Moon’s surface.
Blue Origin tested an upgraded New Shepard suborbital launch system on Jan. 14, sending the uncrewed, six-passenger capsule to an altitude of 347,568 ft. before it made a parachute return to the West Texas desert.
Publicly traded space-related stocks received a proverbial booster shot this week when a popular investment manager unveiled a new electronically traded fund focusing on space.