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Defense and Space
Astronics Corporation | June 30, 2022
Astronics Corporation a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, today announced that it has been selected by Lilium N.V. to design, develop, and build the Lilium Jet’s electrical power distribution system. Power distribution units play a critical role within the Lilium Jet’s innovative energy management system. Astronics will be responsible for the secondary power distribution units and charging pow...
Commercial Aviation
Sagetech Avionics , Pen Aviation | April 30, 2021
Sagetech Avionics, an aerospace technology firm that provides industry-leading situational awareness solutions for Unmanned Aerial Systems (UAS), and Pen Aviation has agreed to integrate Sagetech Avionics' MXS transponders and Detect and Avoid (DAA) systems into the PEN 55V midsize drone and the PEN 1360V heavy cargo drone. According to the terms of the deal, Sagetech Avionics and Pen Aviation will collaborate to certify the PEN UAV series, which is outfitted with Sagetech'...
Aviation Technology
ZeroAvia | September 21, 2023
ZeroAvia today announced that Airbus, Barclays Sustainable Impact Capital and NEOM have co-led the company's latest financing round. Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Ecosystem Integrity Fund, Summa Equity, AP Ventures and Amazon Climate Pledge Fund have also participated in the investment. This investment will enable ZeroAvia to accelerate pro...
PRnewswire | July 27, 2023
Akima today announced that its subsidiary, RiverTech, has been awarded a contract to provide critical operational planning, systems engineering, global force management, training, and integration services to the Ninth Air Force (Air Forces Central) Director of Operations, A3, Operational Planning Teams, in direct support of U.S. Central Command requirements. The award has a 5-year period of performance and a total contract value of approximately $11 million if all options are exercised. Read More
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