Cadence Aerospace

AIR TRANSPORT

CAE | July 09, 2021

CAE, a global leader in aviation training, and Volocopter, a pioneer in urban air mobility (UAM), announced today the signing of a strategic partnership to develop, certify, and deploy an innovative pilot training program for electric vertical takeoff and landing (eVTOL) operations, subject to final agreement. This eVTOL pilot training program, a first in the industry, will develop the pilot workforce of the future and ensure the safe introduction of eVTOL operations globally by leveraging CAE&#...

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...

AEROSPACE

Honeywell | February 15, 2022

Honeywell has been selected to provide its new HTS7500 turboshaft engine as the power behind the Lockheed Martin Sikorsky-Boeing DEFIANT X® helicopter, currently a contender to win the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) competition. The HTS7500 turboshaft engine is the newest and most technologically advanced model in Honeywell's family of military engines, which includes the iconic T55 engine that has powered the H-47 fleet for over 60 years. Like ...

BUSINESS AVIATION

Butler National Corporation | January 21, 2022

Butler National Corporation (OTCQB: BUKS) announces that its subsidiary Avcon Industries, Inc., a leading provider of ISR (intelligence, surveillance, and reconnaissance) and special mission solutions for aircraft, received Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) approval for the installation of hard points, also known as provisions for external stores. The hard points are wing-mounted inboard and outboard with an optional cost-effective SATCOM/BLOS Radome on th...