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Honeywell | September 13, 2021
United and Honeywell today announced a joint multimillion-dollar investment in Alder Fuels – a cleantech company that is pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale by converting abundant biomass, such as forest and crop waste, into sustainable low-carbon, drop-in replacement crude oil that can be used to produce aviation fuel. When used together across the fuel lifecycle, the Alder technologies, coupled with Honeywell's Ecofining&tr...
Platinum Equity | August 19, 2021
Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc. and certain of the company's affiliates ("Unical"), a leading provider of aircraft parts and components to the global commercial aerospace market, from affiliates of the company's founders.
The acquisition includes Unical Aviation, Unical MRO, Unical 145 and Unical Aero. Unical Defense Inc., an affiliate that serves government defense contracts, is not included in the sale to...
Sagetech Avionics , Pen Aviation | April 30, 2021
Sagetech Avionics, an aerospace technology firm that provides industry-leading situational awareness solutions for Unmanned Aerial Systems (UAS), and Pen Aviation has agreed to integrate Sagetech Avionics' MXS transponders and Detect and Avoid (DAA) systems into the PEN 55V midsize drone and the PEN 1360V heavy cargo drone.
According to the terms of the deal, Sagetech Avionics and Pen Aviation will collaborate to certify the PEN UAV series, which is outfitted with Sagetech'...
Textron Aviation | October 12, 2021
Textron Aviation, an industry leader in bringing new products and product updates to market, today announced the next generation Cessna Citation M2 Gen2 and Cessna Citation XLS Gen2 business jets. Unveiled on the eve of this week’s National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE), the updates to the entry-level light jet and the midsize business jet usher in the next generation of aircraft design and technology, increasing comfort and produ...
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