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....
Read MoreSafran 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...
Read MoreIsotropic 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...
Read MoreZIM 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...
Read MoreOneWeb 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...
Read MoreAirNet 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...
Read Moregategroup 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...
Read MoreMIME 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...
Read Moreflypop, 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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