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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...
Business Aviation
SkyThread | October 08, 2021
SkyThread announced a cooperative partnership with SAE International, a Pennsylvania-based global organization serving the mobility sector, predominantly in the aerospace, automotive, and commercial vehicle industries, fostering safety and innovation through industry collaboration. As part of the partnership with SAE, SkyThread will launch new initiatives and services aimed at improving safety and reliability while also unlocking billions of dollars per year in currently unrealize...
AvAir | April 25, 2022
AvAir, a market-leading supplier of inventory management systems for the aviation aftermarket, and Lufthansa Technik have extended their long-term aftermarket sales partnership. This supplement covers a second significant material takeover. The two firms established their first deal in 2020, when AvAir acquired approximately 9,000 line items from Lufthansa Technik's global material pools. The Arizona-based business has added another 9,000 airplane components to its inventory. ...
Air Transport
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...
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