Liege Airport

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...

Directional Aviation | August 19, 2020

When most air travel in the United States effectively stopped in March, some private jet operators feared the worst, expecting coronavirus, along with the recession to come, would decimate their businesses. Instead, for many, the summer of 2020 has held up surprisingly well. “Business is very good, better than expected,” said Gregg Slow, president of FXAir, a charter company owned by Directional Aviation, one of the biggest brands in private aviation. “We had our...

Advanced Magnet Lab, Inc. | August 31, 2020

Advanced Magnet Lab, Inc. (the "Company" or "AML") announced today that the U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) has selected AML for the development of innovative lightweight and ultra-efficient electric propulsion motors, drives, and associated thermal management systems for commercial electric aircraft....

Aerospace

PRnewswire | April 12, 2023

Raytheon Technologies' BBN division and SpiderOak announced a strategic partnership to develop and field a new generation of zero-trust security systems for satellite communications in proliferated low-Earth orbit, or pLEO. SpiderOak's OrbitSecure solution will be combined with Raytheon BBN's Distributed, Disrupted, Disconnected and Denied (D4) secure cloud solution to ensure resilience of mesh networks in contested environments "This partnership is p...