Jetcraft, a global leader in business aircraft transactions, has announced the formation of a Special Missions division dedicated to supporting defense, government, and humanitarian aviation needs. The move marks a strategic expansion of the company’s capabilities into sectors requiring highly…
Hexagon AB has announced its intent to acquire Inertial Sense, a U.S.-based provider of compact inertial navigation solutions. The acquisition will enhance Hexagon’s Autonomy & Positioning division, part of its Geosystems segment, by integrating Inertial Sense’s expertise in GNSS-aided inertial…
GE Aerospace and Shield AI have finalized a Memorandum of Understanding, MOU, initiating a collaborative effort focused on propulsion system integration for the X-BAT vehicle program. This partnership unites GE Aerospace's established legacy in turbine engine development with Shield AI's…
Starlab Space LLC has announced the selection of Leidos as the primary provider for U.S.-based Assembly, Integration, and Testing, AI&T, activities related to the Starlab commercial space station program. This strategic alignment reflects Starlab’s commitment to collaborating with established aerospace…
Procurement Sciences, an AI software company specializing in the government contracting lifecycle, has successfully completed a $30 million Series B funding round. The investment, led by Catalyst Investors with participation from Battery Ventures, Tower Research Ventures, Bosch Ventures, and others,…
The aerospace and defence software verification specialist LDRA, now a subsidiary of compiler-and-tool-vendor TASKING, has introduced a bundled productivity solution tailored to the evolving demands of electric vertical take-off and landing (eVTOL) programmes. The offering is designed to support development…
Wind River, a provider of software for the intelligent edge, has partnered with ServiceNow to deliver an AI-ready private cloud solution that brings the ServiceNow AI Platform into on-premises environments. The offering is aimed at organisations that require tight control…
Merlin Labs, a developer of assured autonomous flight technologies, has named Ryan Carrithers as Chief Financial Officer. In this role, Carrithers will oversee the company’s financial operations, strategy, investor relations, merger and acquisition activities, strategic partnerships, and capital markets engagement…
TriMas Corporation has entered into a definitive agreement to sell its Aerospace segment for approximately $1.45 billion in an all-cash transaction. The deal represents a significant valuation multiple based on the segment’s recent financial performance and is expected to close…
Sidus Space has completed the design phase of its FeatherEdge 248Vi edge computing module. The system is part of the company’s Orlaith AI Ecosystem and is intended for deployment in spaceborne, airborne, and autonomous defence applications. Product Capabilities and Aerospace Relevance…