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Investment

AlarisPro secures funding from DiamondStream Partners

news
Yves Le Marquand
26 Apr 23
0

Uncrewed Aircraft System (UAS) fleet management startup, AlarisPro has secured additional funding from DiamondStream Partners.  The funding, also made-up by JSP Ventures and NY Technology…

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Stralis: Graduating Y Combinator

Deep Dive
Yves Le Marquand
18 Apr 23
0

An American and a Scotsman walk into an Australian aerospace startup … It sounds like the beginning of a bad joke, but, in fact, it…

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Merlin wins FAA contract to deploy nation’s first unmanned air cargo network

news
Yves Le Marquand
14 Apr 23
0

The FAA has awarded Merlin a $1m contract to demonstrate an automated flight control system in conjunction with a safety pilot in Alaska.  In partnership…

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Maeve Aerospace unveils regional aircraft Maeve 01

news
Yves Le Marquand
14 Apr 23
0

Almost every day Maeve Aerospace’s founders are told: “Stop it guys. You can’t do this, this is only for Airbus or Boeing. Batteries, forget it.”…

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Volocopter opens final assembly line facility in Germany

news
Yves Le Marquand
5 Apr 23
0

Volocopter yesterday opened the hangar that will host the OEM’s final assembly line in Bruchsal, Germany.  The production facility also includes an airfield to conduct…

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Manna receives investment from Coca-Cola, eyes US expansion

news
Yves Le Marquand
17 Mar 23
0

Manna Drone Delivery has announced investment from Coca-Cola HBC as its eyes US expansion of its drone delivery service. Coca-Cola HBC is the strategic bottling…

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UP.Partners: Upheaval in the moving world

Deep Dive
Yves Le Marquand
16 Mar 23
0

The idiom ‘it’s darkest before the dawn’ comes to mind when thinking about the future flight sector in 2023.  By no means does the phrase describe…

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PteroDynamics raises $7.5m in latest seed round

news
Yves Le Marquand
13 Mar 23
0

PteroDynamics has completed a $7.5m seed round led by Kairos Ventures, Lavrock Ventures and CS Venture Opportunities Fund. The funds raised will help PteroDynamics develop…

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Lufthansa Aviation Training to be launch customer for Diamond’s all-electric eDA40

news
Yves Le Marquand
10 Mar 23
0

Diamond Aircraft Austria and Lufthansa Aviation Training (LAT) have signed a Letter of Intent (LoI) to jointly explore more sustainable flight training.  The cooperation includes…

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H55 receives support from Canadian Economic Development for Quebec Regions

news
Yves Le Marquand
8 Mar 23
0

H55 has received support from Canada Economic Development for Quebec Regions (CED) to fast track global expansion.   The Swiss-based company has reported increasing demand…

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Archer begins construction on Covington manufacturing facility

news
Yves Le Marquand
8 Mar 23
0

Archer Aviation has begun construction on its Georgia-based manufacturing facility, closing the local incentive transaction. The planned approximately 350,000sqft facility, located adjacent to the Covington…

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PHI Aviation to buy 50 units of Kaman’s commercial ‘Kargo’ drone

news
Yves Le Marquand
8 Mar 23
0

PHI Aviation has inked a deal with Kaman Aerospace Corporation to purchase 50 of Kaman’s Kargo UAVTM unmanned aerial system. The agreement, announced at the…

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Forming a strategy to venture

news
Yves Le Marquand
8 Mar 23
0

“If a far-sighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favour by shooting Orville down,” said Warren Buffet, chairman…

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Collins Aerospace to lead thermoplastics development for liquid hydrogen tanks

news
Yves Le Marquand
7 Mar 23
0

Collins Aerospace, under the Clean Hydrogen Joint Undertaking, is to lead development of new thermoplastics technology for liquid hydrogen tanks on aircraft. The Collins-led consortium…

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Sekisui Chemical makes strategic investment in Volocopter

news
Yves Le Marquand
6 Mar 23
0

Sekisui Chemical has joined growing number of Japanese investors in German eVTOL OEM, Volocopter.  Sekisui will develop various materials and technologies for Volocopter’s eVTOL cultivated…

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