Tamarack Aerospace was in “serious” and confidential talks with single-aisle aircraft manufacturers, carriers, lessors and service organizations during MEBAA.
For the first nine months of 2022, worldwide business and general aviation avionics sales totaled $2.08 billion, up 18.3% from the same time a year ago.
The UK Department for Transport (DfT) has awarded Altalto Immingham a grant of up to £27 million from the department’s Advanced Fuels Fund for a SAF project.
The hybrid-electric propulsion system for the latest demonstrator will be built around a turbine engine being developed by an unnamed major engine manufacturer.
Drone Express, a drone cargo delivery startup, plans to begin manufacturing a new version of its multicopter drone that will use Microsoft's AI software.
Eve Air Mobility has signed a letter of intent with Brazilian air mobility startup FlyBIS for up to 40 of Eve’s piloted, four-passenger eVTOL vehicles.
GKN Aerospace has partnered with UK independent advanced propulsion research center IAAPS to ground test a megawatt-scale electric aircraft powertrain.
German premium battery manufacturer CustomCells has raised €60 million in a Series A funding round led by European climate technology investor World Fund.