Chariot Defense, a San Francisco–based startup, has officially stepped out of stealth with a mission to solve what it calls the “underappreciated” challenge of supplying dependable power to the modern battlefield. The company has raised $8 million in seed funding…
Sentry Aerospares, a global specialist in hard-to-find, high-value rotable aircraft components, has officially finalized a multi-phase leadership transition. This move marks the successful conclusion of a strategy first hinted at during its merger with Aerospares 2000 and later supported by…
PTC, a leader in digital transformation software, has unveiled a new Startup Program designed to catalyze innovation across aerospace and defense (A&D) sectors. The initiative is aimed at early-stage companies developing cutting-edge technologies—from AI and unmanned systems to secure communications…
New Eagle, known for its Raptor suite of rugged production ECUs, has quietly begun offering native CODESYS integration on select controllers. Historically designed for MATLAB/Simulink workflows, these ECUs now support the widely adopted IEC 61131‑3 automation standard, marking a meaningful shift…
As the aviation industry grapples with the pressing need to reduce its carbon footprint, Sustainable Aviation Fuel (SAF) has emerged as a beacon of hope. With the potential to significantly lower greenhouse gas emissions, SAF represents a critical component in…
The COVID-19 pandemic has been a transformative event for industries worldwide, but few have felt its impact as acutely as the aerospace sector. As air travel ground to a halt and production lines were disrupted, the vulnerabilities within aerospace supply…
In a groundbreaking demonstration of electric aviation capabilities, H55, a Swiss-based pioneer in electric flight technology, successfully completed a series of high-density altitude test flights in Colorado. This event, part of H55's "Across America" tour, showcased the performance of the…
In a strategic move to enhance its global footprint, Precision Aviation Group, Inc. (PAG) has announced the acquisition of Turner Aviation, a well-respected provider of maintenance, repair, and overhaul (MRO) services based in the United Kingdom. This acquisition marks PAG's…
In a noteworthy development within the aviation finance sector, Ashland Place Finance LLC has finalized a significant transaction involving the sale and leaseback of two brand new Embraer E195-E2 aircraft. This deal, executed in collaboration with Fortress Investment Group and…
In a strategic move to bolster its operational capabilities, HALO AirFinance has successfully closed financing for two Pratt & Whitney PW1900 engines, supporting Royal Jordanian Airlines. This transaction, which involves senior secured loans, marks a significant milestone for HALO, a…