The Spaceflight Framework Agreement was signed by Péter Szijjártó, Hungary’s foreign affairs and trade minister, and Mike Suffredini, Axiom Space’s CEO.
The Hungarian government is to provide Rolls-Royce with $5 million over 3 years to support research and development of electric and hybrid-electric aircraft.
Wizz Air has put the brakes on plans to increase capacity to 80% in the next quarter amid heightened travel restrictions across Europe. However, the Hungarian carrier’s UK subsidiary has signaled its intention to expand from Doncaster Sheffield, just weeks after announcing a new base at the airport.