Reliable Robotics has raised $115 million, taking its valuation past $1 billion, the company announced on Tuesday. The Mountain View, California, startup builds systems that let existing aircraft taxi, take off, fly and land on their own. The money ext…
Boeing will build the US Navy’s next carrier-based fighter, the F/A-XX, after beating Northrop Grumman for the contract. The Pentagon announced the award on Tuesday. The development contract is worth 0bn to produce test aircraft, Reuters reported. CNBC…
Aircraft startup Electra plans to invest around $850 million to build a factory in Ohio, giving the maker of hybrid-electric ultra-short takeoff and landing aircraft its first dedicated production base. It would place Electra in the same state as elect…
Cheap flights and fast Wi-Fi have rarely gone together, and Europe’s budget airlines have had a good excuse: the maths has not added up. Wizz Air is betting that is about to change. The Hungarian ultra-low-cost carrier said on Monday it will offer Star…