Sofema Aviation

Defense and Space

PRnewswire | June 20, 2023

Supernal LLC (the Company) and Qarbon Aerospace, Inc. announced today a partnership to mature component welding techniques for future scaled production of electric vertical takeoff and landing (eVTOL) vehicles. This marks the first of two agreements Supernal will announce with established aerospace manufacturers at the Paris Air Show, as the Company works to develop a novel manufacturing process that will enable the Advanced Air Mobility (AAM) industry to meet expected demand in the coming...

Gogo | September 01, 2020

Gogo Inc. (NASDAQ: GOGO) ("Gogo") today announced it has entered into a definitive agreement to sell its Commercial Aviation (CA) business to Intelsat S.A. (OTC: INTEQ) ("Intelsat") for $400 million in cash, subject to customary adjustments. The Gogo Board of Directors has approved the transaction. Intelsat expects to finance the transaction utilizing cash on hand and borrowings under its $1 billion debtor-in-possession credit facility and has obtained support from key econom...

Air Transport

Businesswire | May 17, 2023

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the re-delivery of China’s first-ever converted Airbus A330-300 Passenger to Freighter (“A330 P2F”) aircraft on lease to its customer, Sichuan Airlines. The A330 was converted by Elbe Flugzeugwerke GmbH (“EFW”) with Shanghai Technologies Aerospace Company Limited ("STARCO") at its facilities in Sh...

Air Transport

Velo3D | September 02, 2022

Velo3D, Inc., a leading metal additive manufacturing technology company for mission-critical parts, today announced Hermeus, a company developing hypersonic aircraft for defense and commercial applications, has acquired an original Sapphire and a large-format Sapphire XC that is designed for high-volume production. The printers, both of which will be calibrated for Inconel 718, will be used to build parts for Hermeus’ Chimera engine and Quarterhorse aircraft. “Metal additive manufact...