Aerospace

For industry’s finances, 2020 really was that bad, and 2021 may not be that good, after all.

X Prime programs would fill the gap between experimental X-planes and Y-plane prototypes.

Slingshot Aerospace, an Austin, Texas, startup focusing on space traffic-control products and services, has acquired another startup, Stellatus Solutions, which was building a platform for competing satellite operators to communicate among themselves.

INFLIGHT CANADA was selected by 777 Partners/Flair Airlines to provide flight deck-galley-pax cabin USB (type A&C) system, including design, non

TATA ADVANCED SYSTEMS, India has Boeing contract to manufacture 737 fan cowl structures starting in 2024.

VERTEX MANUFACTURING, OH has acquired end-to-end additive manufacturing solution from VELO3D that processes superalloy Hastelloy-X.

EMBRAER had US$43.6m net profit on US$1.1b revenues in 2Q21 vs US$198.8m loss on US$537.2m in 2Q20 and ended quarter with $2.5b in cash and US$15.9b

The global airliner fleet can be tapped to carry a heavier turbulence-forecasting load, which would help reduce turbulence encounters.

AVCORP INDUSTRIES had C$569k loss on C$24.4m revenues in 2Q21 vs C$298m profit on C$32.2m in 2Q20.

KAMAN was selected by Transcend Air to build the Vy 400 High Speed Vertical Takeoff and Landing (HSVTOL) aircraft.

Embraer Executive Aircraft’s Melbourne, Florida, facility will receive a $97.2 million, two-year revolving working capital loan guarantee from the Export-Import Bank of the U.S. to support exports of business jets produced there.

UK startup Electric Aircraft Group (EAG) has secured an investment from Irish regional airline CityJet to advance its plans to develop a hydrogen-electric 90-seat regional aircraft for entry into service in 2030.

Opener’s BlackFly might start its life as a toy for the affluent early adopter, as did the Ski-Doo and the Sea-Doo, but its designer believes the single-seat electric vertical-takeoff vehicle will ultimately find multiple practical uses.

Investigators cite inconsistent reporting, questionable guidance as contributors to turbulence-related injuries.

With no evidence of a single explanation, phenomenon requires study by multidisciplinary scientists, engineers and instrumentalists.

MTU AERO ENGINES sold VERICOR POWER SYSTEMS, GA (marine/industrial gas turbines) to CSL Capital Management, TX; it is retaining IGT maintenance.

AMPAIRE made demo flight of its Electric EEL hybrid-electric aircraft in Scotland (Kirkwall Airport-Wick John O’Groats Airport).

Turkish President Recep Tayyip Erdogan has suggested the country will invest in a fleet of firefighting aircraft after a series of devastating forest blazes forced the country to call on international help.

Hanwha Systems has joined a growing list of investors in the OneWeb low Earth orbit communications satellite constellation.

Raw data from space assets is valuable now, but may become commoditized as constellations grow.

Joint Staff industry day; Hypersonic test center; Avalon Airshow nixed; U.S. picks launch companies; Smallsats ready for servicing role.

A specialist in dexterous robotic manipulators has received $1 million in U.S. Army funding to develop a system to autonomously refuel Boeing AH-64 Apache helicopters in the field.

ROLLS-ROYCE NORTH AMERICA has completed 6-year, $600m program to modernize facilities and manufacturing at its Indianapolis Operations Center.

JOBY AVIATION, CA completed business combination with REINVENT TECHNOLOGY PARTNERS and commenced trading on NYSE; transaction values Joby at $4.5b

MAGELLAN AEROSPACE had C$1.1m net income on C$168m revenues in 2Q21 vs C$6.1m on C$162m in 2Q20.