Firehawk Aerospace invests $16.5M in Mississippi to produce hybrid rocket engines, creating 100 jobs and targeting 10,000 rockets monthly by 2027.
Safran heads OSYRYS consortium to develop onboard electrical systems for hybrid-electric regional aircraft targeting 2035 entry and CO2 reduction.
The 2026 AIAA report highlights key aerospace technologies including sustainable fuels, electric aviation, reusable rockets, and AI shaping the industry's future.
United Airlines orders 300 GE Aerospace GEnx-1B engines to power Boeing 787 Dreamliners, enhancing fuel efficiency and fleet standardization.
Safran posts 14.7% revenue growth in 2025, driven by LEAP engine deliveries and aftermarket demand, raising 2028 financial goals.
Boeing retires ZA004, the last 787-8 test aircraft, after 16 years of flight testing and key contributions to engine and battery system improvements.
Asia-Pacific airlines face significant financial losses due to engine reliability issues worsened by harsh environmental conditions and supply shortages.
Vertical Aerospace selects Evolito as electric propulsion partner for Valo eVTOL, targeting certification in 2028 with UK and EU regulators.
NASA postpones Artemis II lunar flyby mission to March 2026 after wet dress rehearsal revealed hydrogen leak and valve problems.
Nidec Aerospace launches an Atlanta hub to accelerate electric propulsion development and certification for Advanced Air Mobility aircraft.