Astronics Corporation has entered into an agreement with the US Department of Transportation under the Aviation Manufacturing Jobs Protection Program, or AMJP, for a grant of up to US$14.7 million....
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Safran Corporate Ventures, an investment fund of Safran, has invested in SkyFive as part of the company’s Series A investment round. The investment round was led by Safran Corporate Ventures...
Read MoreGlobal Eagle Entertainment has emerged from the Chapter 11 restructuring process, with a focus on mobility. “Today marks the beginning of an exciting new chapter for Global Eagle,” said Joshua...
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Isotropic Systems has completed an industry and financial backed US$40 million funding round, including UK government support through the Government’s Future Fund, equity participation through global strategic investors, venture capital...
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ZIM Flugsitz has exited insolvency proceedings, as the company pursues a restructuring process. ZIM was affected by the collapse in air travel as a result of the COVID-19 pandemic and...
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OneWeb has secured additional funding from SoftBank Group Corp. and Hughes Network Systems. According to OneWeb its total capital raised to date, approximately US$1.4 billion, positions it “to be fully...
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AirNet Technology Inc (formerly known as AirMedia Group Inc), an in-flight solution provider on connectivity, entertainment and digital multimedia in China has entered into an investment agreement with Unistar Group...
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gategroup Holding AG has received the backing of its shareholders and creditors to acomprehensively restructure the Group’s financial indebtedness. The proposed Transaction will provide the Group with significant new liquidity...
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MIME Technologies, a med-tech spin-out from the University of Aberdeen, has received £248,000 in funding from the Scottish Government. Initially focused on the aviation industry, MIME Technologies’ solution communicates detailed...
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flypop, led by (Nino) Navdip Singh Judge, which intends to become the newest and UK’s only international long-haul low-cost airline on launch in 2021, has been awarded funding from the...
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