FACC AG

Aviation Technology

PR Newswire | October 19, 2023

Supernal, Hyundai Motor Group's (HMG) Advanced Air Mobility (AAM) company, Hyundai WIA, a global automotive and aerospace parts manufacturer and Mecaer Aviation Group, an Italy-based global aeronautical company, announced today a partnership to design and manufacture landing gear systems for electric vertical takeoff and landing (eVTOL) vehicles. Hyundai WIA specializes in mass manufacturing and p...

Air Transport

Reliable Robotics Corporation | February 20, 2023

One of the leaders in safety-enhancing aviation technologies, Reliable Robotics honored the opening of a new development and engineering center at Silicon Valley with Congresswoman Anna Eshoo, leading local elected officials, and representatives from Federal Aviation Administration (FAA) and the National Aeronautics and Space Administration (NASA). In addition, Congresswoman Eshoo and California State Senator Josh Becker highlighting innovation in the region, celebrated the expansion with ...

Gogo | September 01, 2020

Gogo Inc. (NASDAQ: GOGO) ("Gogo") today announced it has entered into a definitive agreement to sell its Commercial Aviation (CA) business to Intelsat S.A. (OTC: INTEQ) ("Intelsat") for $400 million in cash, subject to customary adjustments. The Gogo Board of Directors has approved the transaction. Intelsat expects to finance the transaction utilizing cash on hand and borrowings under its $1 billion debtor-in-possession credit facility and has obtained support from key econom...

Business Aviation

Astronics Corporation | May 09, 2022

Astronics Corporation a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has expanded its CorePower® product portfolio and capabilities to address the needs of the emerging electric aircraft industry. The Company’s CorePower product line offers advanced flight-critical electrical power generation, conversion, distribution and control, primarily for smaller rotary and fixed wing aircraf...