Space Concordia

Business Aviation

LCI | October 11, 2021

LCI, a leading aviation leasing company, today announced that its parent company, the Libra Group, has acquired the remaining minority interest in LCI Helicopters held by global investment firm KKR. We would like to thank the KKR team for their exemplary support these last seven years, helping LCI grow across sectors including offshore wind power and search and rescue. We are equally delighted that Libra Group has returned to full ownership. It has always been a valu...

Simple Flying | January 17, 2020

Bombardier, Airbus‘ minor partner in the A220 program, is coming to regret the choice of selling 51% of its small jetliner program to Airbus. Bombardier originally set out to open up a new market for themselves with the A220/C-Series. They were quite successful in the small aircraft range with their turboprop Q-series, their lucrative train division, and their CRJ jet program, and thought they could combine all three for a new product....

Air Transport

Skydweller Aero | February 13, 2023

An aerospace company, Skydweller Aero Inc., the developer of solar-powered aircraft for defense and commercial industries, recently announced that it has successfully completed a demonstration of its initial autonomous flight test using its new proprietary fly-by-wire (FWB) actuation control system. After meeting the criteria for safety-critical operations set by the Spanish Civil Airworthiness Authority (AESA), Skydweller's test pilot passively rode along on board. It validates both t...

Defense and Space

Sidus Space | March 01, 2023

On February 28, 2023, a Space-as-a-Service satellite company, Sidus Space, Inc., announced the integration of edge AI capabilities in its planned satellite constellation, and focuses on commercial satellite design, launch, manufacture and space-based collection. Sidus will utilize the FeatherEdge AI platform under an extended agreement with Expo-space to offer near real-time intelligence derived from Earth Observation data, including the opportunities to recognize and intervene ...