investment

Manufacturer secures its largest raise to date following a White House commitment to help the industry grow.

Northrop Grumman invests $50 million to advance Firefly’s medium launch vehicle (MLV), now called Eclipse.

New agreement positions the automaker to build and operate eVTOL aircraft and perform their maintenance, repair, and overhaul.

Airline believes JetZero’s Z4 could reduce fuel burn by as much as 50 percent per passenger mile versus comparably sized tube-and-wing designs.

Agreements with Saudi Arabia’s Kingdom Aero and National Industrial Development Center aim to localize production of Doroni’s H1-X in the Middle East.

Funding will support Interstellar Technologies as it develops a reusable, orbital class launch vehicle.

Funding will support the development of Beta’s two electric aircraft variants, as well as a network of charging stations that will support them.

Manufacturer will receive a fresh cash injection from its longtime partner, which is expected to support production of its flagship air taxi.

Lieutenant Governor Garlin Gilchrist announces that Beta Technologies, Skyports, Traverse Connect, and Michigan Central will receive fresh funding.

The investment gives the company a post-sale valuation of about $275M as it works to develop its flagship TriFan 600.