Hermeus raises $350M to expand hypersonic aircraft development and accelerate rapid prototyping for defence applications.

Arlington, Wash.-based Eviation Aircraft has laid off most of its employees and paused work on its electric-powered Alice airplane, which had its first and only flight test more than two years ago. In ...

New Horizon Aircraft, operating as Horizon Aircraft, has announced the appointment of Justin Chapman to a senior advisory role, where he will leverage his extensive expertise in aircraft systems ...

The introduction of the Boeing 747 in 1969 changed the scale of commercial aviation, but as the industry evolved, so did ...

Leading institutional investors participated in this financing, including funds and accounts managed by BlackRock The additional $300M in equity capital reinforces its already strong financial ...

MOSCOW, March 3. /TASS/. Development of the Baikal light airplane continues and three specimens were manufactured, Russian Minister of Industry and Trade Anton Alikhanov said. "The work is also in ...

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Today Archer announced it has raised $301.75M1, further reinforcing Archer’s strong financial position and strategically positioning it to accelerate the ...