A Hungarian information technology and telecommunications company is aiming to buy a majority stake in Israel’s Spacecom, a satellite services provider and owner-operator of the AMOS satellite fleet, for $65 million.
Created as part of the American Rescue Plan Act signed into law in March 2021, the program makes available $3 billion in total payroll support for aviation manufacturing companies that furloughed workers during the COVID-19 pandemic.
A Russian research laboratory has flown an aerodynamic testbed for a planned short-takeoff-and-landing demonstrator aircraft using distributed electric propulsion to provide powered lift.
Automaker Hyundai and the Seoul metropolitan government have signed a memorandum of understanding to enable the development of urban air mobility (UAM) in the South Korean capital.
With a flare-up in coronavirus cases in the southern Chinese province of Guangdong seemingly on the wane, EHang has revealed it deployed its autonomous air vehicles to support COVID-19 relief and control efforts in Guangzhou.
French shipping company Brittany Ferries has signed and agreement with U.S. startup Regent to study the use of electric-powered wing-in-ground vehicles for English Channel passenger services.
Targeting FAA certification by late 2024 or early 2025, the Denver, Colorado-based company’s ambitious test and development plan calls for assembly and first flight of the initial TriFan 600 test aircraft within the next 20 months.