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Defense and Space
Raytheon Technologies | July 28, 2022
Raytheon Technologies' corporate venture capital group, RTX Ventures, signed an agreement to invest in VerdeGo Aero to accelerate the development of hybrid-electric propulsion technologies for advanced air mobility applications. This investment will also provide opportunities for VerdeGo Aero to collaborate with Pratt & Whitney on future product development.
Established in 2017, the Daytona Beach, Fla.-based company specializes in delivering powerplants that efficiently co...
Delta Air Lines | July 14, 2020
Delta Air Lines spent years amassing equity stakes in foreign airlines from the U.K. to Chile to grow internationally and gain sway over those carriers. The coronavirus pandemic has upended those plans and is proving costly as financial turmoil hits airlines around the world. Foreign ownership rules prevent outright purchases of airlines abroad but equity investments and other partnerships have proved popular for carriers eager to gain access to international markets....
Businesswire | March 27, 2023
Sierra Space, a leading, pureplay commercial space company building the first end-to-end business and technology platform in space, announced today it continues to make critical strides in the development of its softgoods inflatable technology — LIFE™ habitat (Large Integrated Flexible Environment) – solidifying its lead in the industry.
The company’s LIFE testing campaign, a combined effort with NASA test engineers, passed another milestone on the path t...
UPI | February 13, 2020
Alaska Airlines and American Airlines expanded their relationship Thursday, announcing a new "West Coast international alliance" that's designed to appeal to business travelers in the tech industry. Airline officials said the new arrangement includes the ability for travelers to earn and use miles on both Alaska and American, starting this spring, and grant access to each carrier's airport lounges....
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