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Business Aviation
SkyThread | October 08, 2021
SkyThread announced a cooperative partnership with SAE International, a Pennsylvania-based global organization serving the mobility sector, predominantly in the aerospace, automotive, and commercial vehicle industries, fostering safety and innovation through industry collaboration. As part of the partnership with SAE, SkyThread will launch new initiatives and services aimed at improving safety and reliability while also unlocking billions of dollars per year in currently unrealize...
Air Transport
Iris Automation | September 09, 2021
Becker Avionics, a 65-year globally-renowned aviation industry supplier that works with the top 20 Aerospace OEMs, and commercial drone safety innovator, Iris Automation, have entered into a strategic partnership to increase the situational awareness of general aviation pilots and advance uncrewed aerial vehicle (UAV) safety. The two companies will jointly develop a non-required safety enhancing equipment system to detect and warn pilots of nearby, potentially threatening aircraft. ...
Defense and Space
Alaska Airlines | July 15, 2022
Carbon transformation company Twelve, Alaska Air Group Inc. and Microsoft Corp. have signed a Memorandum of Understanding to collaborate on advancing the market for sustainable aviation fuels to include fuels derived from recaptured CO2 and renewable energy, and working toward the first commercial demonstration flight in the United States powered by Twelve's E-Jet®. Through the first-of-its-kind agreement, Twelve, Alaska, and Microsoft will work to advance production and u...
Aerospace
PRnewswire | March 29, 2023
Satellite launch service company Isar Aerospace today announced the closing of its USD 165m (EUR 155m) Series C round. To date in 2023, this is the largest SpaceTech financing round globally and one of the largest European DeepTech fundraises. The round is backed by 7-Industries Holding, Bayern Kapital via its Scale Up Fund Bavaria, Earlybird Venture Capital, HV Capital, Lakestar, Lombard Odier Investment Managers, Porsche Automobil Holding SE (Porsche SE), UVC Partners, and Vsquared Ventu...
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