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Michael Wildes

Robotic Skies Gets Strategic Funding From Hearst Ventures

Robotic Skies, a maintenance marketplace for drones, says it has entered a strategic funding partnership with Hearst Ventures, the corporate venture arm of Hearst. Terms of the deal were not disclosed, but in a news release Monday, Robotics Skies indicated that the funding would be used to support continued growth and product development. Robotic Skies’ […]

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Virgin Galactic Reports Third Quarter Loss

Virgin Galactic Holdings (NYSE: SPCE) has notched another quarterly loss amid delays in its commercial space service as it shifts its focus to making enhancements to aircraft. The aerospace and space travel company, announcing its third quarter results on Monday, posted a loss of $48.8 million, improving from a $92.1 million loss a year earlier. […]

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Aviation Groups Voice Support for Infrastructure Bill

Industry trade groups are celebrating Friday’s passage of the bipartisan Infrastructure Investment and Jobs Act by the U.S. House of Representatives. In a news release Sunday, the National Business Aviation Association (NBAA) said the act contains important measures championed by NBAA, including support of the aviation community’s efforts to attract and retain a diverse and […]

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Smaller Q3 Loss Has Embraer Enthusiastic Heading to Q4

In its third-quarter earnings call Friday, Embraer said that despite posting a loss for the quarter, it expects 2021 to be the company’s first profitable year since 2017, beating its own expectations. The $45 million, third-quarter loss the company reported is a stark improvement year-to-date, compared to the $121 million loss reported for the third […]

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Pilot Attempting Around-the-World Flight Hits Halfway Point

After being grounded in the gold-rushed city of Nome, Alaska, for nearly a month, Zara Rutherford (FlyZolo), the 19-year-old Belgian who is on a quest to become the youngest woman to fly solo around the world, has made it to Russia, reaching the halfway point of her trip. In a short video posted on social […]

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Air Race Classic Announces 2022 Route

The Air Race Classic board of directors on Tuesday announced the route for the 45th Air Race Classic, to be held June 21 to 24, 2022. Next year’s competition will begin in Lakeland, Florida (KLAL), and end at the Terre Haute Regional Airport (KHUF) in Terre Haute, Indiana. Along the way, racers will have to […]

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Pilot in aircraft
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