Vertical Aerospace, the UK-based leader in electric vertical take-off and landing (eVTOL) aircraft, has announced the successful closing of its underwritten public offering, generating gross proceeds of $90 million. The funds were raised before deducting underwriting discounts, commissions, and other associated expenses.
Pratt & Whitney, a leading aerospace manufacturer based in the United States, has announced plans to establish a European Technology and Innovation Center in the Netherlands. The center is dedicated to developing cutting-edge technologies aimed at advancing energy efficiency and sustainable aviation.
Avianor (Canada) has officially opened its new state-of-the-art hangar at Montreal-Mirabel International Airport, which will house the company’s A220 Center of Excellence. This milestone reflects Avianor’s commitment to advancing aircraft maintenance, modification, and refurbishment services, particularly for the Airbus A220.
GE Aerospace, in partnership with Boeing, NASA, and the Oak Ridge National Laboratory, is advancing the aviation industry’s pursuit of energy efficiency by modeling the integration of an Open Fan engine design with an aircraft. This collaborative effort underscores a shared commitment to developing innovative technologies that reduce fuel consumption and emissions.
MHI RJ Aviation Group (Canada) and Maeve Aerospace (Germany) have announced a strategic partnership to cooperate on the development of Maeve’s innovative M80 aircraft. This collaboration will focus on providing engineering and advisory services, leveraging the expertise of both organizations to advance the M80’s design and bring it closer to market readiness.
