AERODESIGN Solutions

Air Transport

Joby Aviation | July 30, 2021

Joby Aero Inc., a California-based company developing all-electric aircraft for commercial passenger service, announced that it has begun obtaining a Part 135 Air Carrier Certificate from the Federal Aviation Administration (“FAA”) to establish the first eVTOL airline. Joby needs a Part 135 Air Carrier Certificate to operate its revolutionary aircraft as an air taxi service in cities and communities throughout the United States. This is one of three regulatory approval...

Business Aviation

PRnewswire | August 10, 2023

Airshare today announced that it has signed a Letter of Intent to purchase Wheels Up's aircraft management business. Once signed, the deal is expected to close in the third quarter, subject to customary approvals and closing conditions. "Our management team has worked diligently to establish a strong foundation for us to intelligently grow the company, and this potential acquisition is a direct result of those efforts," said John Owen, President and CEO of Airshare...

Business Aviation

Advanced Space | July 05, 2022

Advanced Space LLC., a leading commercial space tech company pioneering the pathfinder mission, spacecraft separated from Rocket Lab's Photon upper stage after its launch on June 28. The Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment spacecraft has orbited Earth while raising its position to be thrusted beyond low-Earth orbit on a trajectory to the Moon. Advanced Space and Terran Orbital teams will take over operations for CAPSTONE...

Business Aviation

Precision Aviation Group | August 24, 2022

GenNx360 Capital Partners ("GenNx360") announced today that its portfolio company, Atlanta-based Precision Aviation Group, Inc. ("PAG"), a leading provider of products and value-added services to the aerospace and defense industries, has entered into a definitive agreement to acquire PTB Group (PTB). PTB is listed on the Australian Securities Exchange (ASX: PTB) and the transaction is currently scheduled to close in the 4th quarter of 2022, post receiving required share...