SpaceX, a Hawthorne, Calif.-based provider of private space launch services, has raised $20 million. SpaceX is developing a family of launch vehicles and spacecraft intended to increase the reliability and reduce the cost of both manned and unmanned space transportation, ultimately by a factor of ten. With its Falcon line of launch vehicles, powered by […]
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Airship Ventures, inc. a privately held corporation formed to bring Zeppelin NT airship operations to the USA, today announced that it had closed an $8 million Series A Preferred Stock financing. Airship Ventures Inc., founded 2007 in California, is a privately owned corporation formed with the objective of bringing Zeppelin NT airships to the USA […]
A Holland-based company has invested more than $100 million in Eclipse Aviation Corp. and will help the Albuquerque manufacturer of very light jet planes expand into markets in Europe, Russia and Turkey. Very light jets, or microjets, generally have two engines, five or six passenger seats, automated cockpits and cost about half as much as […]
StarVision Technologies, Inc. announced receipt of a $750,000 investment. Proceeds will be used to build a clean room to manufacture satellite systems and other products for the aerospace industry. “The addition of a clean room positions StarVision as one of the few companies in the country able to manufacture satellite systems and other aerospace products […]
Blink, a European air taxi startup, has raised $30 million in private equity funding. Businesses in Europe will be able to arrange a Blink flight as easily as ordering a cab to take their executives to the over 800 airports in the Blink destination network.
Aspen Avionics announced today the closing of an $8.5 million round of venture financing Aspen Avionics specializes in bringing the most advanced technology and capability from the commercial and business aviation markets into general aviation cockpits — and budgets. Our products increase situational awareness and reduce pilot workload, making it even easier and safer to […]
Adam Aircraft - DCM-Doll Capital Management said Wednesday it led a coterie of investors to invest $92 million in Adam Aircraft, a manufacturer of very light jets. Adam, based in Englewood, Colorado, is one of a handful of boutique companies that have made headlines recently with their think small approach to air travel. The idea […]
The Insitu Group - Battery Ventures today announced they have led a $23 million Series C investment in The Insitu Group, Inc., designer and manufacturer of Unmanned Aerial Vehicles (UAVs) for Intelligence, Surveillance and Reconnaissance (ISR). Other previous investors participated in this round, including Second Avenue Partners (Seattle, WA) and Pteranodon Ventures (Las Vegas, NV). […]
Unmanned Aerial Vehicles
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