Category Archives: Aircraft Propulsion & Energy

First Flight for Drone-sized Electric Aircraft

Case Western Reserve University professor of mechanical and aerospace engineering Vikas Prakash—along with state government and private partners—launched an otherwise unremarkable, single-propeller fiberglass airplane into the skies at Springfield-Beckley Municipal Airport and waited to see how long it could fly before running out of juice. Continue reading

Kratos Acquires Florida Turbine Technologies

Kratos Mako Unmanned Tactical Aerial Platform (UTAP-22)

Kratos Defense & Security Solutions, Inc. announced that it has acquired an 80.1% interest in Florida Turbine Technologies, Inc. and FTT Core, LLC (collectively “FTT”), a leading technology company and innovation leader in advanced turbine engines, for $60 million, consisting of $33 million in cash and $27 million in Kratos common stock.  Kratos has an option to acquire the remaining 19.9% of FTT at a future date.  Continue reading