Howmet Aerospace sees potential for growth as airframe and engine manufacturers shift their titanium supply chain sourcing away from Russia but will not alter its business strategy to chase market share, its top executive said.
New Jersey authorities are seeking proposals from companies interested in developing a 400-acre parcel at Atlantic City International Airport for aviation facilities.
Archer Aviation has conducted wind tunnel tests of the propulsion units for its electric vertical takeoff and landing air taxi as it progresses toward the preliminary design review for its production aircraft.
Driven by exponential growth in the number of proposed satellites in low Earth orbit and beyond this decade, investors and entrepreneurs are eyeing commercial-oriented space situational awareness (SSA) as a growth sector worthy of new investments, entrants and partnerships.
Embraer’s urban air mobility company Eve UAM has added U.S. charter carrier Global Crossing airlines Group to its conditional orderbook as it prepares to go public through a merger with blank check company Zanite Acquisition.
Universal Hydrogen (UH2) and fuel-cell powertrain developer H3 Dynamics have partnered to develop zero-emission propulsion systems for unmanned aircraft, air taxis and new-design regional aircraft.