Continental Motors, Inc.

Business Aviation

777 Partners | May 06, 2022

777 Partners, a Miami-based private investment firm with a growing aviation and travel portfolio, announced the acquisition of Tel Aviv-based AeroCRS and Copenhagen-based WorldTicket. The addition of AeroCRS and WorldTicket to 777 Partners' travel technology portfolio supports the company's ambitious technology strategy focused on delivering solutions that create new commerce channels for travel companies and improve next-generation retailing, distribution, interlining, an...

Aviation Technology

Nextant Aerospace | August 18, 2021

Nextant Aerospace today announced that it has received Federal Aviation Administration (FAA) approval of an upgraded software Supplemental Type Certificate (STC) for Challenger 604 aircraft with Pro Line Fusion Avionics. The long-awaited software upgrade provides added avionics capabilities to enhance safety and awareness while also helping pilots and operators save time. Nextant is making the upgrade available at no charge for current Challenger 604 Pro Line Fusion operators. &ld...

Air Transport

Magellan Aerospace Limited | March 08, 2023

Magellan Aerospace Corporation, a global aerospace company, recently announced signing a long-term agreement (LTA) extension with Collins Aerospace, a Raytheon Technologies business. The agreement is to manufacture aluminum castings and complex magnesium for various military and commercial aerospace platforms. Magellan’s facilities will produce the castings in Glendale, Arizona and Renfrew, Ontario. The LTA extension with Collins renews the framework for strategic alignmen...

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...