Acquisition Overview Archer Aviation (NYSE: ACHR) has announced an agreement to acquire control of Hawthorne Municipal Airport (KHHR) in Los Angeles for approximately $126 million in cash. The 80-acre site will serve as both the operational hub and artificial intelligence (AI) testbed for the company’s planned Los Angeles air taxi network. The transaction remains subject to … [Read more...] about Archer Aviation to Acquire Los Angeles Airport as Strategic Air Taxi Hub and AI Testbed
Aerospace Innovation
Korean Air to Build Urban Air Mobility and Aviation Safety Hub in Bucheon
New facility aims to lead Korea’s next era in air transportation and safety training Korean Air has announced plans to construct a major Urban Air Mobility (UAM) and Aviation Safety Research and Development (R&D) Center in Bucheon, Gyeonggi Province. The investment, totaling KRW 1.2 trillion (approximately USD 875 million), underscores the airline’s vision for future … [Read more...] about Korean Air to Build Urban Air Mobility and Aviation Safety Hub in Bucheon
Utah Partners with BETA Technologies to Launch Electric Aviation Ahead of 2034 Winter Olympics
Landmark Agreement Signed During Utah Aerospace & Defense Day Showcases Vision for Statewide Electric Aircraft Network and Sustainable Air Transportation by DRONELIFE Staff Writer Ian J. McNabb In recent news from Salt Lake City, the Utah Aerospace & Defense group (47G) is scheduled to sign a landmark agreement with South Burlington, Vermont-based electric aircraft … [Read more...] about Utah Partners with BETA Technologies to Launch Electric Aviation Ahead of 2034 Winter Olympics
PteroDynamics Partners with Cornes Technologies to Bring Transwing UAS to Japan
Exclusive Distribution Deal Highlights Strategic Growth in Japan’s Expanding Drone Market for Commercial and Defense Applications This article published in collaboration with JUIDA, the Japan UAS Industrial Development Association. by DRONELIFE Staff Writer Ian J. McNabb Colorado-based fixed wing drone developer PteroDynamics recently announced a new exclusive … [Read more...] about PteroDynamics Partners with Cornes Technologies to Bring Transwing UAS to Japan
Osage Nation Begins Construction of WindShape UAS Testing Facility at Skyway36
New 19,000 Square Foot Facility to Advance Aerospace Research and Development Osage Nation’s Skyway36 Droneport and Technology Innovation Center has commenced the construction of WindShape’s new 19,000 square foot unmanned aerospace (UAS) testing facility. This development marks a significant advancement in WindShape's efforts to innovate within the aerospace sector through … [Read more...] about Osage Nation Begins Construction of WindShape UAS Testing Facility at Skyway36
