The U.S. Justice Department has unveiled an ongoing antitrust investigation into labor market allocation in the aerospace engineering market, revealing indictments against six executives who are alleged to have established an anti-poaching regime among their companies.
The six-year-old startup, which said it reached profitability in 2020, is one of many targeting the burgeoning counter-UAS product and services market.
Completion of Vertical Aerospace’s going-public merger with blank-check company Broadstone Acquisition on Dec. 16 took the total announced funding raised in 2021 by the nascent advanced air mobility industry to more than $5 billion.
Counter-drone systems specialist Dedrone has landed $30.5 million in Series C venture capital, the company announced Dec. 17, and is working to be able to detect, identify and track more than 200 different UAS.
Stoke Space, a startup trying to develop a completely reusable rocket for the burgeoning commercial satellite market, has closed a $65 million Series A venture capital round that will go toward developing a rapidly repeatable second-stage segment.
As the military and burgeoning commercial space sector eye thousands of new satellites in low-Earth orbit companies such as Honeywell International and Skyloom Global are teaming to provide more secure and higher-performance optical-communication products and services.
NASA has assigned veteran astronaut Stephen Bowen and first-time flyer Warren “Woody” Hoburg to the sixth SpaceX Crew Dragon mission to the International Space Station.
Pandemic-related parts shortages and other supply chain issues have set the U.S. Air Force’s T-7 Red Hawk schedule back about seven months, but Boeing believes it can gain back some of that time as the shortage issues recede and tests continue on built aircraft.
Crew Training International, a 30-year-old specialist in providing aviation training services to the military,has been sold to acquisition-based investor Exchange Income Corp. for $45 million.
The Royal Netherlands Air Force has called in researchers from the Netherlands Aerospace Center to investigate reports of noise generated by the F-35 Joint Strike Fighter, after an uptick in complaints from local residents.
Bristow's partnership with California-based Overair covers the potential purchase of 20-50 of the startup’s Butterfly quad-tiltrotor platforms and collaboration on commercialization of the platform.
Virgin Orbit is taking a 17.5% stake in partner Hypersat as the companies work to launch a six-satellite constellation to provide hyperspectral imaging from low Earth orbit.
UK electric air mobility startup Vertical Aerospace has listed publicly on the New York Stock Exchange after completing a merger with blank-check company Broadstone Acquisition that did not perform as well as hoped for.
Newly infused with public market funding, Rocket Lab said it will buy SolAero Holdings, a supplier of space solar power products and precision aerospace structures, for $80 million in cash as part of the company’s vertical integration transformation to become more of a full-service space services provider.
A cruise missile flight test vehicle struck a target vessel in the Gulf of Mexico after being launched from a pallet out the back of a Lockheed Martin MC-130J.
An interface issue has interrupted final payload testing of the James Webb Space Telescope, causing the latest launch delay, NASA and European Space Agency officials say.
