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Aerospace

PRnewswire | March 29, 2023

Satellite launch service company Isar Aerospace today announced the closing of its USD 165m (EUR 155m) Series C round. To date in 2023, this is the largest SpaceTech financing round globally and one of the largest European DeepTech fundraises. The round is backed by 7-Industries Holding, Bayern Kapital via its Scale Up Fund Bavaria, Earlybird Venture Capital, HV Capital, Lakestar, Lombard Odier Investment Managers, Porsche Automobil Holding SE (Porsche SE), UVC Partners, and Vsquared Ventu...

Air Transport

Trive Capital | June 16, 2022

Karman Space & Defense backed by Dallas-based private equity firm Trive Capital has partnered with Cornerstone Research Group, Inc. to acquire the MG Resin family of technologies. The acquisition of MG Resins represents a significant expansion of Karman's core competencies in integrated composite systems for space & defense applications and creates a leading manufacturer in the carbon/carbon market. The senior leadership team at CRG developed the patented MG family of ...

Defense and Space

Canada Jetlines | July 08, 2022

Canada Jetlines Operations Ltd. the new all-Canadian, leisure airline, is proud to announce a new distribution partnership through which all Amadeus travel agency customers will have the ability to shop, book and service the carrier’s range of flight inventory, fares and merchandising content. The announcement follows news that Jetlines is in the final stages of the airline licensing process. Canada Jetlines will leverage Amadeus’ fare families and ancillary services t...

Defense and Space

Elbit Systems Ltd. | May 31, 2022

Elbit Systems Ltd. announced that it was awarded a $69 million contract to supply Electronic Warfare (EW) capabilities to a country in Asia-Pacific. The contract will be delivered over a period of three years. Oren Sabag, General Manager of Elbit Systems ISTAR & EW, said: "We witness a growing demand for our EW capabilities as militaries around the world increasingly recognize the importance of dominating the electromagnetic spectrum." About El...