Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, announced plans to significantly reduce potential equity dilution by approximately 90%. This shift is part of the Company’s enhanced financing strategy, which emphasizes increased reliance on debt financing…
Virgin Galactic Holdings, Inc. (NYSE: SPCE) and the Italian Civil Aviation Authority (ENAC) have announced a Collaboration Agreement to evaluate the feasibility of conducting spaceflight operations from Grottaglie Spaceport in Puglia, Italy. The partnership will assess the technical and regulatory…
Oshkosh Corporation (NYSE: OSK), a global leader in purpose-built vehicles and equipment, has appointed Ranjit Nair as President of Oshkosh AeroTech. Nair will succeed Chuck Durst, who is set to retire in March 2025 after an impressive 39-year tenure with…
Clean Energy (NASDAQ: CLNE), the leading provider of the cleanest fuel for the transportation sector in the U.S., has secured a contract to design and build a cutting-edge hydrogen fueling station for Riverside Transit Agency (RTA) in California. The contract…
Impinj, Inc. (NASDAQ: PI), a leader in RAIN RFID technology and the Internet of Things (IoT), has unveiled the findings of its Supply Chain Integrity Outlook 2025 report. The report, based on a survey of 1,000 supply chain managers in…
Clear Peak Capital (“Clear Peak”), a private equity firm specializing in growth-focused businesses in software and IT services, has announced a strategic partnership with ITsynch (“ITsynch” or the “Company”), a leading provider of fleet management software for the cruise and…
Bansi Aviation, an innovative leader in Urban Air Mobility (UAM), has expressed strong support for the Federal Aviation Administration’s (FAA) newly issued Special Federal Aviation Regulation (SFAR). This critical regulatory framework outlines comprehensive requirements for Advanced Air Mobility (AAM) aircraft,…
The “Commercial Aerospace Digital Solutions Sector, 2024-2033” report, recently added to ResearchAndMarkets.com, projects a robust growth trajectory for the global aerospace digital solutions sector. Generating $28.97 billion in revenue in 2023, the market is anticipated to expand at a compound…
HopSkipDrive, a technology company specializing in innovative school transportation solutions with a focus on safety, equity, and care, has announced its expansion into the Atlanta region. Recent changes to Georgia’s State Board of Education regulations now allow school districts across…
Aireon, a global pioneer in aviation data products and services, has reached a milestone in its effort to introduce space-based VHF communication services to the aviation sector. This achievement follows a critical spectrum license filing with regulators, submitted through Canada’s…
A strategic collaboration between Thales and Avinor, Norway’s leading air navigation service provider and airport operator, is set to deliver a cutting-edge national unmanned traffic management (UTM) system. This partnership marks a significant advancement in airspace management for Norway, merging…
Airbus and BMW Group have advanced the integration of quantum computing into mobility solutions, underscoring its transformative potential. At the Q2B conference, the companies unveiled the winners of the Quantum Computing Challenge, a global initiative aimed at identifying and developing…