RTC Aerospace, a subtier precision-manufacturing company for aerospace and defense, has changed owners, with private-equity firm Stellex Capital taking over from investor and former CEO Brad Hart as the business eyes acquisition growth.
After releasing its satellite computer vision and guidance software in January, Scout has raised an undisclosed bridge round of financing led by venture capital firm Decisive Point.
With Eve UAM planning to go public in the second quarter through a merger with blank check company Zanite Acquisitions, the Embraer spinoff has secured its first post-merger investor.
Eve Urban Air Mobility Solutions continues to lead the emerging orderbook for advanced air mobility, with agreements for 1,785 aircraft of a total 9,277 for the industry.
Russia’s invasion of Ukraine is resulting in the jamming of satellite navigation systems that could affect civil aviation in the surrounding region, EASA has warned.
Bell is currently demonstrating a Bell 429 twin-engined helicopter fitted out in a parapublic configuration and equipped with German supplier ESG’s mission systems.
Delta is the first U.S. airline to partner with the European airframer in its Airbus “ZEROe” aircraft development program, which was unveiled two years ago with a potential service entry date by 2035.