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Starburst Ventures | September 22, 2022
Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, today announced the launch of its new early-stage fund. Focusing on aerospace, defense, security, as well as enabling sciences and technologies, Starburst Ventures is investing in the next generation of industrial, software and hardware companies.The fund's team will be led by Starburst Ventures' Founder and General Partner, François Chopard. A widely respected indu...
JetBlue | July 28, 2020
JetBlue Airways on Tuesday said it swung to a loss in the second quarter and forecast that revenue will fall by about 80% in the third quarter as the coronavirus pandemic promises a choppy recovery in travel demand. The New York-based airline carried just 616,000 passengers in the three months ended June 30, down more than 94% from the 11 million who flew JetBlue in the same period last year. Revenue plunged about 90% to $215 million from more than $2.1 billion in the second quarter of 2019....
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Businesswire | June 05, 2023
Ameriflight, the nation’s largest Part 135 Cargo airline, today announced it has received approval from the Federal Aviation Administration (FAA) to operate drone aircraft, making Ameriflight the first existing Part 135 Cargo airline to receive such exemption. The newly granted exemption allows Ameriflight to conduct UAS operations under its current Part 119 Air Carrier Certificate for Part 135 operations. Moreover, the company has approval to add the Matternet M2 to its fleet, enabl...
Advanced Magnet Lab, Inc. | August 31, 2020
Advanced Magnet Lab, Inc. (the "Company" or "AML") announced today that the U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) has selected AML for the development of innovative lightweight and ultra-efficient electric propulsion motors, drives, and associated thermal management systems for commercial electric aircraft....
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