Aerospace News

TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. (“SkyDrive”), a leading compact eVTOL (*1) aircraft developer based in Japan, today announced that it has signed a memorandum of understanding (MOU) with Verty Co. Ltd. (“Verty”), a South Korean company building an integrated operational framework spanning flight operations, air traffic management and vertiport infrastructure. The agreement establishes a partnership to prepare for the introduction and commercial deployment of the SKYDRIVE (SD-05 mod...

CULLMAN, Ala.--(BUSINESS WIRE)--Enclave launches a new DST offering backed by a fully leased Alabama industrial asset, seeking $9.3 million from accredited 1031 exchange investors....

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Powerus named by the Department of War as one of 21 industry participants in Falcon Peak 26.2 at Yuma Proving Ground....

CHICAGO--(BUSINESS WIRE)--Funding will accelerate the global expansion of CADDi’s next-generation Manufacturing AI Data Platform...

SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX Corp. (NYSE: AVEX) announced it has been selected for a contract valued at up to $92.2 million over the next three years to support the Department of War (DoW) Test Resource Management Center (TRMC) SkyRange program. SkyRange is the DoW’s flagship initiative to modernize hypersonic flight test infrastructure. The program replaces fixed and ship-based range assets with high-altitude airborne platforms capable of collecting, relaying, and distributing...

LONDON--(BUSINESS WIRE)--Vantor, the leader in unified spatial intelligence, announced today it has joined the UK Ministry of Defence and industry partners to launch the UK Defence Intelligence Innovation Cluster, a new collaboration designed to accelerate the development and deployment of next-generation defence and intelligence capabilities and strengthen the UK’s sovereign defence industrial base. The cluster is being established through Project FAIRFAX, a joint initiative between the UK Min...

PHILADELPHIA--(BUSINESS WIRE)--As demand for mission-ready directed energy capabilities continues to accelerate, AeroVironment executed a long-term agreement (LTA) with Attalon for the delivery of Attalon's Valaris high-energy laser platform across AeroVironment's expanding portfolio of high-energy laser programs. The long-term agreement supports AeroVironment's LOCUST® and broader high-energy laser product line as demand for deployable directed energy capabilities continues to grow. Attalon de...

BERLIN--(BUSINESS WIRE)--Planet Labs Germany, a leading provider of daily data and insights about change on Earth, today announced that it has been awarded a Satellite Services tender by the German Federal Ministry of the Interior (BMI). This milestone award marks Germany as the first civil government globally to acquire Planet’s dedicated Constellation Services, setting a new precedent for public-sector space procurement. Under this agreement, the Federal Agency for Cartography and Geodesy (BK...

CHELMSFORD, England--(BUSINESS WIRE)--Teledyne Space Imaging technology was successfully launched aboard two major European Space Agency (ESA) Earth observation missions; Sentinel-3C and the Fluorescence Explorer (FLEX). The satellites launched together this morning aboard a Vega C rocket from Europe’s Spaceport in French Guiana. Sentinel-3C: Continuing long-term Earth observation Designed and developed by ESA, and operated by EUMETSAT, Sentinel-3C is the third satellite in the Sentinel-3 serie...

BOSTON--(BUSINESS WIRE)--Magellan Jets, a world-class private aviation solutions provider known for its leadership in Jet Cards, Charter, and Whole and Fractional Aircraft Ownership, today announced the appointment of Nishaat Vasi as Chief Product Officer. Effective immediately, Vasi joins the company's Executive Leadership Team and will oversee product innovation, technology, AI, and business intelligence as Magellan Jets advances its investment in Client-first innovation. “AI will not replace...