Swedish-British small satellite manufacturer AAC Clyde Space this month entered a conditional agreement to buy privately owned Omnisys Instruments, a Swedish developer and manufacturer of sensors for space projects, in a deal worth about $8.7 million.
Agriculture is the latest market to get the electric vertical flight treatment, with crop protection startup Guardian Agriculture emerging from stealth with a $10.5 million seed funding round.
Privately owned TECT Aerospace of Wichita, which manufactures complex aerostructure components, parts and assemblies, filed to begin U.S. bankruptcy proceedings April 6.
As SpaceX prepared to deliver its 24th batch of Starlink satellites into orbit this week, President and Chief Operating Officer Gwynne Shotwell said beta trials will continue until the network, designed to deliver high-speed, low-latency internet, is more reliable.
With more than 100 companies trying to break into the nascent urban air mobility market, it is perhaps inevitable that some of the vehicle designs look similar. But Boeing-backed Wisk sees enough similarities between one of its designs and new entrant Archer’s aircraft that it has filed a lawsuit.
Lockheed Martin is doubling down on investments in small satellite launch service companies, signing a block buy with startup ABL Space Systems for up to 58 missions through 2029.
Aerospace is an industry where failure is not an option. In light of the recent engine failure of the Boeing 777 plane, this white paper provides guidance on all things failure analysis and failure prevention.
