Esterline CMC Electronics

Aviation Technology

New State Capital Partners | December 23, 2021

New State Capital Partners ("New State") announced the acquisition of AVEX ("AVEX" or "the Company"), a leading provider of sales and maintenance for the Daher TBM turboprop aircraft in North America. New State is acquiring the Company from its founder, Terry Winson, who is retiring. Terms of the transaction were not disclosed. Founded in 1985, with operations in California and Colorado, AVEX is the exclusive distributor of new TBM aircraft in the sou...

Business Aviation

AAR | April 27, 2022

AAR CORP, a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a marketing partnership agreement with ProvenAir Technologies, LLC to enhance the digital solutions available to AAR customers. ProvenAir’s digital solution leverages advanced technologies to analyze and dynamically generate back-to-birth (BtB) trace history for life limited parts. ProvenAir automates the BtB process to save aviation customers time, increase r...

Air Transport

SandboxAQ | February 06, 2023

An enterprise SaaS company, SandboxAQ delivers the compound effects of AQ (AI and Quantum) technology to governments and the Global 1000. It recently announced that the U.S. Air Force had awarded the company the Direct-to-Phase-II SBIR (Small Business Innovation Research) contract to research quantum navigation technologies. SandboxAQ will advance research and development for its quantum navigation system, as mentioned in the contract awarded. The quantum navigation system is be...

Aviation Technology

Wheels Up | September 26, 2023

Wheels Up Experience (NYSE: UP) today announced that it has closed the previously announced investment by Delta Air Lines, Certares Management LLC, Knighthead Capital Management LLC and Cox Enterprises. The new investment structure combines the experience of Delta, the No. 1 premium airline, with the travel and tourism focus of Certares and turnaround and restructuring experience of Knighthead. It includes an agreement for a $500 million credit facility to Wheels Up, with funds co...