FARNBOROUGH, England—Archer Aviation and Anduril have developed autonomous vertical takeoff and landing aircraft for defense and commercial applications.
DETROIT — Global drone revenue is expected to reach $77 billion by 2035, more than doubling from current levels as commercial adoption accelerates across manufacturing, logistics, infrastructure inspection, agriculture and public safety, according to a new report from Counterpoint Research.
BRISTOL, England — Q5D Technologies has signed a 20-month agreement with Molrix to deliver three automated wire harness manufacturing cells to the U.S. Army.
According to the International Air Transport Association, the global trade association for airlines, the world’s carriers will fly more than 5.2 billion passengers on 40.3 million flights in 2026.
NEW CASTLE, Pa. — AMG Critical Materials is expanding chrome metal production in New Castle by adding aluminothermic manufacturing capacity for a material used in aerospace, defense, energy and other high-performance applications.
CINCINNATI – GE Aerospace has completed ground testing of a megawatt-class hybrid electric engine system, marking the company’s first validation of a fully integrated hybrid electric propulsion system and moving the technology closer to future flight demonstrations.