ZeroAvia | December 17, 2020
Shortly after British Airways declared a new partnership with hydrogen-powered aircraft startup ZeroAvia, Amazon joined various new financial specialists backing their arrangement to build up a 19-seat zero-emission turboprop by 2023.
California-based ZeroAvia completed a series of test flights recently with a Piper Malibu Malibu turboprop modified with a 300-kilowatt (kW) battery electric force framework alongside a tweaked cockpit show and PC. In a Dec. 16 press release, ZeroAvia affirmed $21.4 million out of another Series A round of funding lead by Breakthrough Energy Ventures and Ecosystem Integrity Fund.
Amazon Climate Pledge Fund, Horizons Ventures, Shell Ventures, and Summa Equity have likewise joined as follow-on investors. Likewise, the U.K. government focused on $16.3 million in non-dilutive funding through its Aerospace Technology Institute (ATI) Program intended to expand the nation's competitiveness in civil aerospace.
Palantir | June 19, 2021
Palantir Technologies Inc. today declared it has been shrunk by the Federal Aviation Administration (FAA) to give a data investigation apparatus that will help advance the office's modernization destinations for aviation safety.
Palantir Foundry will uphold the FAA's aircraft certification and proceeded with operational safety activities, including the continuous monitoring of the 737 MAX fleet's re-visitation of administration. The one-year contract with two extra alternative years is esteemed at a maximum of $18.4 million.
Utilizing Palantir Foundry will empower FAA aeronautics designers and examiners to all the more quickly and efficiently monitor, analyze, visualize, and share aviation safety data utilized in their assurance of whether an episode presents a past or future safety hazard.
Palantir's product skill will assist the FAA with supporting their worldwide administration in the headway of aviation safety and encourage more prominent readiness in adjusting to the unique climate.
Foundry takes into consideration the coordination of siloed data, changing the manner in which both public and private associations work by making a central operating system for their data.
About Palantir Technologies
Palantir Technologies is a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments. From building safer cars and planes, to discovering new drugs and combating terrorism, Palantir helps customers across the public, private, and nonprofit sectors transform the way they use their data.
Jet Edge | January 24, 2022
Signature Aviation, the world’s largest network of Fixed Base Operations (FBOs), and Jet Edge International, a leader in full-service global private aviation, have signed an agreement to occupy Signature’s East facility at Teterboro Airport (TEB) in New Jersey. The New York City area base will grant Jet Edge charter program members, aircraft owners, and its fleet access to dedicated hangar and maintenance space at one of the world’s busiest private aviation airports.
A re-envisioned FBO interior is part of a long-term agreement for a 44,000 sq. ft. portion of Signature Teterboro East’s Hangar 202, as well as associated office and workshop space. The introduction of the New York area base will enhance Jet Edge’s offerings in one of the most significant business aviation markets worldwide, guaranteeing consistency and privacy for passengers embarking via one of its private aircraft, in addition to providing benefits for Jet Edge AdvantEdge plane owners.
“We are delighted to welcome Jet Edge to its new home at Signature Teterboro East, Signature is focused on offering exceptional experiences and essential support services to business and private aviation customers. Our large-scale infrastructure footprint is a key enabler of travel and our expertise in private aviation handling and real estate is a catalyst for driving mutual value with our partners. We look forward to working with Jet Edge in one of our key geographic markets.”
-Virasb Vahidi, Chief Revenue Officer of Signature Aviation.
“The New York metropolitan area has been the largest market trailing 3 years for Jet Edge and compliments our already established Signature facility in Los Angeles. New York will be a strategic focus for Jet Edge in 2022 and beyond. We couldn’t be more excited to partner with Signature to provide our clients coast to coast access to a dedicated facilities at Teterboro and Van Nuys.”
-Bill Papariella, CEO of Jet Edge
About Signature Aviation
Signature Aviation is one of the world’s preeminent global aviation companies offering exceptional experiences and essential support services to business and private aviation customers. The company’s large-scale infrastructure footprint enables travel and is a critical global economic driver. Signature operates an industry-leading network of private aviation terminals, with over 200 locations covering key destinations in 27 countries across five continents. The United States is the company’s largest market with operations at 38 of the top 50 busiest airports. The company also offers over 11 million square feet of multi-use office and hangar real estate, providing unique network-wide benefits and advantages to customers who base their aircraft at a Signature location. For more information, please visit www.signatureaviation.com
About Jet Edge
Jet Edge is a leader in full-service global private aviation. As an integrated super-midsize and large cabin management operator and maintenance provider, Jet Edge services aircraft owners and charter flyers with a world-class operational platform. Jet Edge extends individual clients and corporations 365-day-a-year access to one of the most well-appointed aircraft fleets in the world. Backed by unparalleled award-winning safety programs and overseen by a leadership team with wide-ranging experience in commercial and private aviation operations and management, Jet Edge delivers excellence in aircraft management, charter management, on-demand charter, aircraft sales, and maintenance.