Air News

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Radiant, the company building the world’s only plug-in ready, transportable commercial nuclear microreactors, today announced its selection by the Department of the Navy to deploy its Kaleidos microreactor at Naval Weapons Station Crane, Indiana.The Navy’s selection marks another major milestone in Radiant’s drive to bring transportable nuclear power to military and commercial customers. Radiant is the only nuclear company partnered with the Army, Navy and Ai...

COLUMBUS, Ohio--(BUSINESS WIRE)--FlightSafety International Inc. (FSI), the global leader in aviation training and simulation technology, today announced an expansion of its longstanding partnership with Honda Aircraft Company to provide a new Runway Operations Mastery course for HA-420 Elite and Elite II pilots. Developed in collaboration with Honda Aircraft Company, the immersive training course focuses on strengthening pilot proficiency to support safer operations. The new voluntary offering...

BOSTON--(BUSINESS WIRE)--ASI, the frontier AI company orchestrating critical infrastructure and national security, today announced a $325 million Series C financing round valuing the company at $3 billion. The financing is led by Spark Capital, with major participation from affiliates of Citadel Securities, Meritech Capital, Craft Ventures, Energy Impact Partners, and Andreessen Horowitz (a16z). “The future of our national prosperity hinges on giving the people who run our critical systems the...

LAS VEGAS--(BUSINESS WIRE)--TRU Simulation today announced the introduction of its Cessna Grand Caravan EX Veris Virtual Reality Flight Training Device (FTD)....

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Reliable Robotics, the leader in autonomous aircraft systems, today announced it has raised $115 million in new capital, upsizing its previously-announced $160 million Series D round due to increased investor demand. The investment, which includes a $25 million term loan from Silicon Valley Bank, pushes Reliable’s valuation over $1 billion and brings the total raised in the Series D round to $275 million. To date, Reliable has raised more than $380M in eq...

CHICAGO--(BUSINESS WIRE)--Cleo, a global leader in AI-native supply chain orchestration solutions through its Cleo Integration Cloud (CIC) platform, today released new research revealing that On‑Time, In‑Full (OTIF) performance failures impose approximately $100 billion in annual economic impact on North American consumer packaged goods (CPG) and food & beverage manufacturers. Roughly 90% of that impact comes from indirect costs, including lost sales, reduced shelf presence, excess inventor...

NEW YORK--(BUSINESS WIRE)--Bilt, the membership that connects where you live with the places you love, and JetBlue today announced a partnership that allows Bilt Members to transfer Bilt Points directly to JetBlue TrueBlue, the airline’s loyalty program, at a 1:1 ratio. Starting today, every 1,000 Bilt Points transferred becomes 1,000 TrueBlue points, turning housing payments into travel across a network of more than 100 destinations throughout the United States, Latin America, the Caribbean, C...

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, recently celebrated the rollout of the first production unit of the Cessna Citation CJ4 Gen3, an important milestone as the aircraft advances toward entry into service. The rollout represents Textron Aviation's continued investment in the light jet lineup, bringing Garmin G3000 PRIME avionics, Garmin Emergency Autoland and other customer-driven enhancements to the proven Citation CJ4 platform. “This rollou...

MIRAMAR, Fla.--(BUSINESS WIRE)--AllClear Aerospace & Defense (AllClear) has signed a new multi-year exclusive agreement with CEF Industries (CEF). Under the agreement, AllClear will continue to exclusively distribute all CEF product lines globally. As a CEF partner for both distribution and repair, AllClear focuses on supporting military aerospace aftermarket requirements across the globe by listening to our customers and stocking high-demand products that ensure operator readiness. “This m...

NORTH CANTON, Ohio--(BUSINESS WIRE)--SOAR AI, Inc. (NYSE American: SOAR), formerly known as Volato Group, Inc. (“SOAR AI” or the “Company”), today provided a construction update on its AI compute campus in Chillicothe, Ohio. Low-voltage data hall transformers and cooling plant equipment are being installed this week, and the Company remains on schedule to place its first 4,096 AMD Instinct™ MI355X GPUs in service on December 31, 2026, with customer revenue expected to begin in January 2027. The...