Sierra Nevada Corporation

Aviation Technology

Modern Aviation | February 09, 2022

Modern Aviation announced it has closed the acquisition of the FBO assets and operations at JFK International Airport and LaGuardia Airport from Sheltair Aviation, the nation's largest privately-owned aviation network. "We are enormously proud of Sheltair's dedicated New York team and our corporate legacy serving these landmark airports. We have every confidence in Modern Aviation, their team of professionals, and their ability to meet the ne...

Air Transport

American Airlines | October 11, 2022

American Airlines today announced its strategic equity investment in Universal Hydrogen Co., a company building a green hydrogen distribution and logistics network for aviation. The investment supports American’s science based targets to reduce greenhouse gas (GHG) emissions by 2035, and ultimately its commitment to achieve net zero GHG emissions by 2050. This investment makes American the first U.S. airline to make two direct investments focused on the development of both hydrogen-electri...

Defense and Space

Raytheon Missiles | September 23, 2022

Raytheon Missiles & Defense, a Raytheon Technologies business, in partnership with Northrop Grumman , has been selected to develop the Hypersonic Attack Cruise Missile for the U.S. Air Force (USAF). HACM is a first-of-its-kind weapon developed in conjunction with the Southern Cross Integrated Flight Research Experiment (SCIFiRE), a U.S. and Australia project arrangement.Under this contract, the Raytheon Missiles & Defense and Northrop Grumman team will deliver operationally ready missile...

Air Transport

SandboxAQ | February 06, 2023

An enterprise SaaS company, SandboxAQ delivers the compound effects of AQ (AI and Quantum) technology to governments and the Global 1000. It recently announced that the U.S. Air Force had awarded the company the Direct-to-Phase-II SBIR (Small Business Innovation Research) contract to research quantum navigation technologies. SandboxAQ will advance research and development for its quantum navigation system, as mentioned in the contract awarded. The quantum navigation system is be...