Aircraft Industries, a.s.

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...

FlightGlobal | February 07, 2020

Airlink is to continue operating in its own right four of the routes being axed by its franchise partner South African Airways at the end of the month. The business rescue practitioners appointed to lead cash-strapped SAA – after it was placed in formal restructuring in early December – announced on 6 February that the Star Alliance carrier would drop a string of flights as part of a wide-ranging streamlining of its network....

Aerospace

Businesswire | May 30, 2023

Momentus Inc. ("Momentus" or the "Company"), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, has signed a contract with Lunasonde to deliver the Picacho CubeSat to orbit. Lunasonde is a sub-surface imaging company with the goal of making underground resources – like water and minerals – easier to find. The Picacho CubeSat is a technology demonstration of Lunasonde’s sensors. It will me...

Air Transport

Garmin | July 23, 2021

Garmin International Inc., a subsidiary of Garmin Ltd., today announced the launch of Smart Glide. This game-changing safety tool assists pilots in engine power outages by automating activities to minimize pilot workload. Smart Glide joins the Autonom family of autonomous flight technologies, which includes the Collier Trophy-winning Garmin Autoland. If a single-engine aircraft lacks engine power, the pilot is faced with the critical and time-consuming task of navigating the aircraft from its pr...