Shield AI said on Dec. 29 that it raised an additional $300 million, adding to a previously announced $200 million through debt issuance, as part of the autopilot startup’s Series F round.
All 367 passengers and 12 crew members on board the A350 managed to escape the burning aircraft, but five of the six on board the Coast Guard aircraft died.
Fleets are set to grow in all sectors except military and year-over-year growth is projected to be highest for the commercial and business aviation aftermarket.
The U.S. Navy has reassigned Grumman C-2 Greyhounds from USS Ronald Reagan to USS Carl Vinson in the wake of the grounding of the Vinson's CMV-22 Ospreys.