Aerospace

AVCORP INDUSTRIES is forecasting EBITDA of C$20m on C$24m revenues (46% commercial/54% defense) for 1Q21 with order backlog of $393m (83% commercial

HONEYWELL AEROSPACE earned $762m on $2.6b sales in 1Q21 vs $937m on $3.3b in 1Q20 and $838m on $3.3b in 1Q19.

AEROPARTS NOW and THE 145 formed strategic partnership to integrate their respective parts e-commerce platforms.

A four-year research project to develop a cheaper method of producing sustainable aviation fuel from agricultural and forestry residues has kicked off in Europe.

Zero-emissions propulsion startup Universal Hydrogen has raised $20.5 million in Series A funding from investors including the venture arms of Airbus, JetBlue Airways and Toyota.

“This is the first powered flight on another planet. Let that blow your mind for a minute.”

AWIN is forecasting delivery in North America of about 300 new commercial aircraft per year in 2021-2025.

Satellite manufacturer Airbus Defense and Space has committed to one launch and an undisclosed number of optional launches with Isar Aerospace’s Spectrum micro-launcher.

Space situational awareness startup LeoLabs has declared its fourth space radar site fully operational in Costa Rica.

KAMAN AEROSPACE completed first flight of unmanned K-MAX TITAN heavy lift helicopter; aircraft can lift up to 6,000 lb.

OMAN AIR signed MoUs with Sultanate of Oman Pavilion Commission and Taiseer Platform to support small to medium enterprises (SMEs) through increased

VIASAT was selected by KLM to provide inflight connectivity (IFC) equipment for 18 737-800s and 21 E195s; aircraft are used in Europe exclusively.

LUFTHANSA SYSTEMS launched NetLine/HubDesigner to optimize hub networks (times/connections/frequencies) using advanced AI technologies.

Bye Aerospace has launched development of the eFlyer 800, an eight-seat, all-electric competitor to Textron Aviation’s Beechcraft King Air 260 turboprop.

UK startup Satellite Vu has raised £3.6 million ($5 million) in seed funding to begin building a thermal-imaging satellite constellation that will be able to measure the energy efficiency of any building in the world from low Earth orbit.

Spire Global is to build a second smallsat to monitor microdebris in low Earth orbit with funding from Austrian new-space investor Findus Venture.

European industry is finally within reach of beginning development on a MALE UAS to compete with offerings from U.S. and Israel.

General warns of Chinese space prototype; U.S. Army wants FVL upgrades; Singapore’s new operational tanker; and T-7 aft fuselage arrives.

AIRBUS presented plan to create two wholly-owned integrated aerostructures assembly companies: one in France to combine activities in Saint-Nazaire

Airbus’ OneSat new-generation satellite program is ready to enter the production phase, says Francois Gaullier, head of Airbus Telecom Systems.

Robotic Skies, which is building a maintenance service network for commercial and industrial drones, has received an investment from Japan-based Drone Fund.

Peter Prowitt to Chief Operating Officer of Aerospace Industries Association, Arlington, VA (effective July 2021).

AMES completed 17-week renovation/expansion of its component repair/overhaul and manufacturing facility in Wilmington, OH in partnership with

Europe and Japan have launched a joint research program to advance the direct conversion of CO2 to sustainable aviation fuel (SAF).

Mike Balbuena to Vice President-Quality Assurance and Compliance of Essex Industries, St. Louis.