Category Archives: Business News

New UK Green Aircraft Business Formed in Pursuit of Hydrogen Fuel

In an industry first, Britten-Norman, manufacturers of the iconic Islander aircraft, and Cranfield Aerospace Solutions (CAeS), pioneers in hydrogen-electric fuel cell propulsion technology, have signed a Heads of Terms agreement, signaling their intention to merge and to create the world’s first fully integrated, zero-emissions sub regional aircraft for entry into service in 2026. Continue reading

AeroVironment Gets $10M NASA/JPL Contract for Two Helicopters for Mars Sample Return Mission

AeroVironment, Inc. has been awarded a $10 million contract by NASA’s Jet Propulsion Laboratory (JPL) to co-design and co-develop conceptual designs and engineering development units of Mars Sample Recovery Helicopter flight systems. Future efforts could include detailed design, build, and test of qualification and flight hardware. Continue reading

Estonia to Acquire Long-Range Loitering Munitions from Israel Aerospace Industries

The Republic of Estonia has signed an agreement with Israel Aerospace Industries (IAI) to procure advanced long-range loitering munitions, making it the one of the most expensive defense procurement Estonia has ever made. The procurement of long-range loitering munitions aims to strengthen Estonia’s defenCe capability by significantly increasing its indirect fire capabilities. Continue reading