Huntsville Aeronautics Company

Buying Business Travel | January 21, 2020

Lufthansa Group has become the first airline company to invest in business travel platform TripActions, kicking off a strategic partnership. The investment – made through the Lufthansa Innovation Hub – comes as TripActions continues to expand into Europe after opening offices in London and Amsterdam in 2018. It marks Lufthansa’s fourth investment in a tech company and closes a Series D funding round with more than US$250 million raised at a valuation of US$4 billion. TripAction...

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

ZeroAvia | October 10, 2022

ZeroAvia, the leader in developing zero-emission solutions for commercial aviation, today announced that it has acquired in full the leading fuel cell stack innovator HyPoint. The financial terms of the deal were not disclosed.The acquisition adds HyPoint's advanced high-temperature fuel cell technology - a promising avenue for increasing power output and energy density of aviation fuel cell powertrains - to ZeroAvia's already leading expertise in developing the full powertrain to ...

Aviation International News | March 16, 2020

Stellar Labs, developer of the Stellar flight operations platform, and aviation management solutions provider FL3XX have partnered “to solve the operational and business challenges faced by charter operators, brokers, and corporate flight departments.” The companies announced the partnerships at last week’s NBAA Schedulers and Dispatchers Conference. Under the agreement between the two companies, FL3XX’s more than 50 customers will be able to use the Stellar Marketplace t...