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Business Aviation
Castlelake | September 30, 2021
Castlelake, L.P., a global alternative investment firm and experienced leader in aircraft investing, leasing and servicing, today announced the creation of Castlelake Aviation Limited ("CA"), a corporate lessor of commercial aircraft that will finance a portfolio of modern, young, fuel-efficient aircraft. We are thrilled to create Castlelake Aviation Limited, which is an exciting and natural next step in the evolution of our industry leading aviation financ...
Aerospace
Businesswire | July 31, 2023
Barnes Aerospace is pleased to announce an agreement to partner with Blue Raven Solutions. The two businesses entered a U.S. military Aftermarket distribution agreement for Barnes Aerospace products. This agreement helps Barnes Aerospace grow its U.S. military Aftermarket business through Blue Raven Solutions’ tech-enabled, scalable supply chain solutions across various platforms that support the warfighter, the nation, and commercial customers. Under the terms of the agre...
Air Transport
Businesswire | July 21, 2023
Reliable Robotics, a leader in safety-enhancing aircraft automation systems, today announced its certification plan was formally accepted by the Federal Aviation Administration (FAA). The Reliable autonomous flight system enables continuous autopilot engagement through all phases of aircraft operation including taxi, takeoff and landing. This landmark achievement marks unrivaled progress towards the certification of fully automated aircraft. “Reliable is the only company t...
Aviation Technology
Overair | June 15, 2022
Electric vertical takeoff and landing vehicle company, Overair, announced its most recent funding of $145 million from Hanwha Systems and Hanwha Aerospace, global leaders in ultra-precision communications and aircraft technologies. With this new investment, Overair remains on track to fly its all-electric experimental prototype in the second half of 2023. Hanwha's continued investment in Overair not only fuels the ongoing development of Butterfly but will also allow Overair to...
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