PteroDynamics

Business Aviation

Volato | October 07, 2022

Volato, the most efficient way to experience a luxury private jet, today announced that Steve Drucker has joined the team as Chief Technology Officer. Since its inception, Volato has focused on delivering business model innovation through its successful fractional ownership and Stretch Jet Card programs and can now accelerate its tech innovation and product development for the industry with this new CTO hire. Steve Drucker brings to the company nearly three decades of experience building develop...

Aerospace

Unical Aviation | July 20, 2021

Platinum Equity announced that it has signed an agreement to acquire Unical Aviation Inc. and certain of its affiliates from affiliates of the company's founders. Unical Aviation Inc. is a major supplier of aircraft parts and components to the global commercial aerospace industry. Unical Aviation, Unical MRO, Unical 145, and Unical Aero are all part of the deal. The sale to Platinum Equity does not include Unical Defense Inc., a subsidiary that handles government defense contr...

Defense and Space

Businesswire | May 16, 2023

Merlin, the leading developer of safe, autonomous flight technology for fixed-wing aircraft, today announced that the Civil Aviation Authority of New Zealand have concluded their review of Merlin's first stage of involvement (SOI 1) and have approved the Plan for Software Aspects of Certification (PSAC). This milestone significantly reduces risk and puts the Merlin Pilot on a viable path to validation and certification. In the CAA system this is the first civil certification of softwar...

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. ...