Aerospace

MAGicALL, Camarillo, CA was selected by Airbus to develop/supply the electric propulsion system for its CityAirbus NextGen eVTOL prototype.

Xona Space Systems has finished environmental testing of its Huginn demonstrator satellite ahead of its planned May 25 launch on SpaceX’s Transporter 5 rideshare mission.

Mike Byrt to Chief Operating Officer of Technical Operations of AerAdvise, Dublin.

John Whitty to Special Advisor to Technical Advisory Committee of AerAdvise, Dublin.

AERSALE had $17.2m net income on $122.8m revenues in 1Q22 vs $10m on $58.4m in 1Q21; it has $171.7m in cash.

TRANSDIGM had $199m net income on $1.3b sales for second quarter ended April 2 vs $105m on $1.2b a year ago.

Michael Scheidler to Chief Executive Officer of Skymetrix, Germany.

With its first launch in the offing, Vega C is to start a series of key and long-awaited evolutions in Arianespace’s offering.

French industry launches new promotion effort to hire young production workers amidst concern low interest may hamper production ramp-up.

ZeroAvia’s second testbed; Hydrogen for GA; Cyrogenic propulsion plan; and Hydroplane modifies Cherokee.

EVE UAM completed business combination with ZANITE ACQUISITION and will now operate as EVE HOLDING.

Marty Kuehne to a Senior Managing Director, based in Chicago, of FTI Consulting.

Scott Gibson to a Senior Managing Director, based in New York, of FTI Consulting.

ACR GROUP acquired BLUE SKY NETWORK, CA (satellite tracking systems/air-to-ground communications).

PRATT & WHITNEY was selected by Aviation Capital Group to provide GTFs for 20 more A320neos and 20 A220s on order, plus option for a further 20

The Advanced Air Mobility Report’s AAM Stock Composite refrains from looking at the daily ups and downs of stock prices. Four months of results, however, point to the reality.

Canadian aerostructures and spacecraft sub-tier provider Magellan Aerospace saw almost 7% greater revenue during the first quarter of 2022 over the year-before period.

C&L ENGINE SOLUTIONS purchased 14 CF34-3B1s to support CRJ200 and Challenger 604, 605, and 850 operators with spare engine packages.

UNITED PERFORMANCE METALS unveiled new additive manufacturing solutions center in Hamilton, OH that provides new build plates.

Joanna L. Geraghty, President and Chief Operating Officer of JetBlue, was elected to the Board of Directors of L3Harris Technologies.

Blue Origin’s next flight of the New Shepard suborbital spacecraft will include its first repeat customer.

Momentus’ space tug demonstrator has arrived at Cape Canaveral for its inaugural launch aboard SpaceX’s Transporter-5 mission after its application for payload review won FAA approval.

Space-based cellphone connectivity provider AST SpaceMobile, which went public last year after a deal with a special purpose acquisition company (SPAC), will raise $75 million by selling more stock.

Embraer’s urban air mobility spinoff Eve UAM will list publicly on the New York Stock Exchange on May 10 after closing a merger with blank-check company Zanite Acquisition that raised less funding than hoped for.

Maritime Launch Services, which aims to establish Canada’s first indigenous space launch from Nova Scotia, and rocket manufacturing startup Reaction Dynamics of Quebec are partnering for a 2023 debut.