Summit Aerospace

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 ...

Aerospace

Aerkomm Inc. | January 20, 2022

Aerkomm Inc. ("Aerkomm" or "the Company") (Euronext Paris: AKOM;OTCQX: AKOM), a development stage service provider of In-Flight Entertainment and Connectivity solutions for the airline industry using Ka-band technology, today announced that it entered into a joint venture (the "Joint Venture") agreement (the "Agreement") with Sakai Display Products Corporation ("SDPJ"), a company incorporated under the laws of Japan, and PanelSemi Corporation (&q...

Commercial Aviation

CDB Aviation | November 14, 2022

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced on the sidelines of Airline Economics Growth Frontiers Asia Pacific 2022 conference the signing of lease agreements for a fleet of six Airbus A320neo aircraft with India’s leading airline, Air India. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India’s additional A320neo aircraft under the recently a...

Cathay Pacific Group | July 22, 2020

As a cash preservation measure, Hong Kong’s Cathay Pacific revealed today that it had signed an agreement with Airbus to defer deliveries of its A350-900s, A350-1000s, and A321neos. The airline is in advanced negotiations to delay the order of its Boeing 777-9s as well. In its official prospectus sent to Simple Flying, the delayed deliveries are expected to “produce cash savings to the Cathay Pacific Group in the short to medium term.” The prospectus is for the ai...