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July 23, 2021
Garmin International Inc., a subsidiary of Garmin Ltd., today announced the launch of Smart Glide. This game-changing safety tool assists pilots in engine power outages by automating activities to minimize pilot workload. Smart Glide joins the Autonom family of autonomous flight technologies, which includes the Collier Trophy-winning Garmin Autoland. If a single-engine aircraft lacks engine power, the pilot is faced with the critical and time-consuming task of navigating the aircraft from its pr...
July 22, 2021
Universal Hydrogen, a company that fuels carbon-free flight, and Deutsche Aircraft, a new purpose-driven German aircraft Original Equipment Manufacturer (OEM), today announced a technological partnership to accelerate aviation's decarbonization, a global necessity in the battle against climate change. The two firms will collaborate to conduct a design study for Universal Hydrogen's modular capsule technology to be included in the Dornier 328 project.
The joint effort will ...
July 20, 2021
Platinum Equity announced that it has signed an agreement to acquire Unical Aviation Inc. and certain of its affiliates from affiliates of the company's founders. Unical Aviation Inc. is a major supplier of aircraft parts and components to the global commercial aerospace industry.
Unical Aviation, Unical MRO, Unical 145, and Unical Aero are all part of the deal. The sale to Platinum Equity does not include Unical Defense Inc., a subsidiary that handles government defense contr...
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