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DEFENSE AND SPACE
Astro Aerospace | August 28, 2021
Astro Aerospace has announced that its revolutionary Cavorite X5 eVTOL platform has been selected for the highly competitive AFWERX High Speed VTOL (HSVTOL) Concept Challenge– an initiative launched in partnership with the United States Air Force (USAF) and US Special Operations Command (USSOCOM) to explore innovative HSVTOL concepts that can support a wide range of military applications. From a roster of 218 applicants, Astro is one of only a few OEMs in a small group of 35...
Buying Business Travel | January 21, 2020
Lufthansa Group has become the first airline company to invest in business travel platform TripActions, kicking off a strategic partnership. The investment – made through the Lufthansa Innovation Hub – comes as TripActions continues to expand into Europe after opening offices in London and Amsterdam in 2018. It marks Lufthansa’s fourth investment in a tech company and closes a Series D funding round with more than US$250 million raised at a valuation of US$4 billion. TripAction...
AIR TRANSPORT
Skydweller Aero | February 13, 2023
An aerospace company, Skydweller Aero Inc., the developer of solar-powered aircraft for defense and commercial industries, recently announced that it has successfully completed a demonstration of its initial autonomous flight test using its new proprietary fly-by-wire (FWB) actuation control system. After meeting the criteria for safety-critical operations set by the Spanish Civil Airworthiness Authority (AESA), Skydweller's test pilot passively rode along on board. It validates both t...
Halo, Embraer S.A. | June 03, 2021
Eve Urban Air Mobility Solutions, Inc. (Eve) and Halo today declared an association zeroed in on developing Urban Air Mobility (UAM) items and administrations in the United States and the United Kingdom. This organization incorporates a request for 200 of Eve's electric vertical departure and landing (eVTOL) aircraft. Conveyances are relied upon to begin in 2026. This request addresses one of the biggest in the UAM industry and gets Halo as the dispatch accomplice for Eve in both the U.S. fu...
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