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Magellan Aerospace Limited | March 08, 2023
Magellan Aerospace Corporation, a global aerospace company, recently announced signing a long-term agreement (LTA) extension with Collins Aerospace, a Raytheon Technologies business. The agreement is to manufacture aluminum castings and complex magnesium for various military and commercial aerospace platforms. Magellan’s facilities will produce the castings in Glendale, Arizona and Renfrew, Ontario. The LTA extension with Collins renews the framework for strategic alignmen...
Skyway | April 11, 2022
Skyway Technologies Corp. has announced a new strategic relationship with Transoft Solutions Inc., demonstrating the company's continuous leadership in the field of urban air mobility and air traffic management. This collaboration demonstrates Skyway's capacity to work with businesses of all sizes and compete as a vital resource in the industry's open market. Transoft offers an unrivaled suite of infrastructure planning products and services to complement Skyway's and the interna...
ZDNet | January 16, 2020
Japanese car manufacturer Toyota has been named as the lead investor in Californian-based aerospace company Joby Aviation's latest Series C funding round, which raised $590 million. Of that total, Toyota contributed $349 million. In the latest funding round, Toyota was also joined by prior investors Toyota AI Ventures, Intel Capital, Sparx Group, Capricorn Investment Group, JetBlue Technology Ventures, and AME Cloud Ventures, as well as new investors Baillie Gifford and Global Oryx. With thi...
Cargo Management
Boeing | December 27, 2021
Boeing [NYSE:BA] today announced an order for 19 767 Freighters from UPS highlighting the 767 Freighter's outstanding operational efficiency and payload capability to serve its customers at a time of robust air cargo demand. "The Boeing 767 is the most versatile aircraft we operate, Our plan to purchase 19 aircraft and take delivery between 2023 and 2025 aligns with the strategy and capital expenditure forecast shared during our June 2021 Investor and ...
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