South Korea has launched projects to develop a 4,500-lb. thrust-class high-bypass turbofan for collaborative combat aircraft and more-electric business jets.
Canadian startup Horizon Aircraft is simplifying the configuration of its full-scale fan-in-wing Cavorite X7 hybrid-electric VTOL prototype, assembly of which is now underway.
Elroy Air and Barq Group have signed an agreement to establish a joint venture to produce the Chaparral hybrid-electric uncrewed cargo aircraft in Abu Dhabi.
Swiss startup Jekta has completed its second 1:9-scale prototype amphibious seaplane and is preparing to launch into a flight test campaign in January.
U.S. electric aircraft startup Beta Technologies has priced its planned initial public offering at $27-33 per share, for gross proceeds of $675-825 million.
Fresh off its selection of Swiss startup H55 as its battery provider, Swiss company Smartflyer is planning a first flight of its four-seat hybrid trainer next year.
Aura Aero, the startup developing the 19-seat, hybrid-electric ERA regional aircraft, is making progress thanks to partial tests at its Toulouse facility.
A developer of electric powertrains is championing an aircraft architecture that could reduce fuel burn on very-short-haul regional and private flights by 90%.
French startup Ascendance has announced a partnership with EXOES for the production of the batteries for its hybrid electric Sterna powerplant modules.
