Terran Orbital began publicly trading on the New York Stock Exchange on March 28, while announcing a $200 million backlog of contracted work and more than $40 million in 2021 revenue for the high-volume small-satellite manufacturer and Earth observation services provider.
Airbus has flown an A380 with one of its four Rolls-Royce Trent 900 engines running on 100% sustainable aviation fuel (SAF), produced from used cooking oil and waste fats by France’s Total Energies.
Of the five electric air taxi developers that have been involved in going-public mergers with blank-check companies, only two are following the tried-and-tested aerospace business model of manufacturing, selling and supporting their aircraft.
Join PwC’s Gregg Pilotte, Mike Stetz, and Jessica Benson on The Outlook as they discuss how A&D companies are modernizing their rate development and forward pricing processes.
Investment in advanced air mobility OEMs should cross over the $6 billion mark upon completion of Eve UAM’s merger with special purpose acquisition company Zanite Acquisition.
Joby Aviation has begun building the first production prototype for certification flight testing of its S4 electric vertical takeoff and landing air taxi.
Neuraspace, a Portuguese startup looking to use artificial intelligence for space debris and satellite collision avoidance services, has landed more than $2.7 million from Armilar Venture Partners to accelerate the commercialization of its platform.
Barry Matsumori, a SpaceX veteran and until recently the CEO of space optical communications startup BridgeComm, was named the chief operating officer of Impulse Space Propulsion, the new in-orbit transfer services company founded by Tom Mueller, a SpaceX co-founder and its longtime chief technology officer.
A UK consortium led by Embraer company Eve UAM has completed a concept of operations for urban air mobility in London that identifies the near-term challenges and actions required to enable electric air taxi service.
