Horizon Aircraft forecasts the Cavorite X7 hybrid VTOL will operate at US$0.97 per seat mile, offering significant cost efficiency over traditional helicopters.
Curtiss-Wright and Averna collaborate to develop custom test systems supporting electromechanical actuators for aerospace applications.
Safran leads a €139M EU-funded project to flight test an Open Fan engine on an Airbus A380 by 2029, targeting 20% fuel efficiency gains.
Odys Aviation and Motion Applied partner to create a hybrid-electric propulsion system for VTOL aircraft, targeting cargo flights in 2026 and passenger certification by 2028.
Georgia Tech receives $88 million state funding and $5 million from Delta Air Lines Foundation to build a new aerospace engineering hub.
RTX's hybrid-electric flight demonstrator powered up in Montreal, integrating Pratt & Whitney and Collins Aerospace systems to improve fuel efficiency by 30%.
Drive System Design contributes electric motor and inverter development to UK’s InCEPTion consortium for modular electric aircraft propulsion.
Hartzell Propeller launches a 150,000 sq ft Innovation Center in Ohio with $2M JobsOhio grant, focusing on carbon fiber and Advanced Air Mobility R&D.
Kratos and GE Aerospace awarded $12.4M by USAF to develop the GEK1500 turbofan engine for expendable combat drones with improved fuel efficiency.
Firehawk Aerospace invests $16.5M in Mississippi to produce hybrid rocket engines, creating 100 jobs and targeting 10,000 rockets monthly by 2027.