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Defense and Space
Sandhills Global | July 07, 2022
According to the latest Sandhills Global market reports covering the aviation industry, values for piston single, turboprop, and jet aircraft may have peaked this May. All aviation categories displayed month-to-month value decreases from May to June, and with the aviation market showing signs that values might continue their drop in the near future, sellers could need to adjust asking values going forward based on the available inventory. The market reports show that rising inventory levels are ...
Aviation Technology
Wheels Up | April 04, 2022
Wheels Up Experience Inc., the leading brand in private aviation, today announced it has officially closed its acquisition of Air Partner plc, a U.K.-based global aviation services group with operations in 18 locations and four continents. Under the terms of the transaction, and following stockholder and regulatory approval, Wheels Up has acquired the entire issued share capital of Air Partner for 125 pence per share, equivalent to an enterprise value of approximately $109 million. ...
Air Transport
Iris Automation | April 21, 2021
Casia® X, Iris Automation's onboard multi-camera detect and avoid (DAA) system, will be ready for shipment on May 21, 2021. Casia X is the only option for commercial drones and unmanned aircraft that uses computer vision technologies to have a complete 360° radial tracking capability. Casia X, formerly known as Casia 360, is an extension of the Casia product line that provides some major improvements: - • Based on almost 16,000 total real-world manned aircraft enc...
H55 | October 13, 2022
RTX Ventures, the venture capital arm of Raytheon Technologies, has made a minority investment in electric propulsion system company H55 to drive the development of electric aviation solutions. The investment in H55 aligns with Raytheon Technologies' longstanding leadership in the development of innovative and sustainable propulsion technologies.H55, a Swiss company, is a leading enabler of electric propulsion solutions and battery systems. The team has proven ability in developing, integrat...
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