The Commercial Space Operations Center, now known as Comspoc, has formally split off as a standalone company from Analytical Graphics now that the latter has been acquired by Ansys.
Airlink Ltd has noted with disappointment but respect, the South Africa Supreme Court of Appeal’s decision to dismiss its claim against South African Airways (SAA) with costs.
Startup ZeroAvia has raised $37.7 million in funding to develop a zero-emission hydrogen fuel-cell propulsion system to power 19-seat regional airliners.
Honeywell International’s venture capital arm has invested in DarwinAI, an “explainable” artificial intelligence (AI) company located in Waterloo, Canada.
Redwire, the private equity-backed space rollup, said Dec. 15 it bought LoadPath, a developer of payload adapters, deployable structures and thermal products for the space industry.
Air taxi startup Blade Urban Air Mobility will be taken over by a special purpose acquisition company, setting up what could become the first publicly traded electric-powered air vehicle service provider as the technology emerges this decade.
German air rescue service ADAC Luftrettung has reserved two VoloCity electric air taxis from Volocopter to prepare for operational emergency medical service tests of the piloted multicopters in 2023.
