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Reliable Robotics | September 13, 2022
Reliable Robotics, a leader in autonomous aircraft systems and Kenya-based airline Astral Aviation, today announced a strategic collaboration with the goal of enhancing aviation safety and increasing air cargo connectivity in sub-Saharan Africa through the use of automated aircraft. Africa is poised for economic and trade growth, but held back by challenges related to the safety, speed and cost of transportation, including limited intra-African air services. The companies will work together to d...
Atlas Air | September 07, 2020
On September 5th, an Atlas Air 767-300 heading from Honolulu (Hawaii) to the US territory of Guam was forced to divert back to Honolulu. The decision was made after the aircraft’s right-hand engine had suffered repeated engine surges/compressor stalls. While the plane landed safely and no injuries were reported, some terrifying passenger video of the engine emitting flames was posted to the internet....
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
USRA | June 23, 2022
USRA officially admitted Embry-Riddle Aeronautical University to its ranks of prestigious universities on June 10, 2022 bringing the membership of the Association to a total of 116 members. As the largest fully accredited university specializing in aviation and aerospace, Embry-Riddle serves nearly 33,000 students and offers more than 100 degrees at the associate, bachelor's, master's, and Ph.D. level, in the areas of aviation; applied science; business; comput...
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