SpaceNews.comJason Rainbow

Univity raises ~$32M Series A to field two 5G VLEO demonstrators in 2027, scaling toward 1,600+ satellites

French startup Univity says it has raised around $32 million in a Series A to launch a pair of 5G very-low-Earth-orbit (VLEO) demonstrators next year. The funding supports plans for at least 1,600 VLEO satellites aimed at extending 5G coverage from space for telecom operators.

2026-04-22T23:05:44.348378-07:00
FlightGlobalGreg Waldron

Netherlands, Lithuania cleared for USA missile buys

By FlightGlobal: The missile deals will help bolster European defences. The US government has cleared the Netherlands to obtain Lockheed Martin AGM-114R2 Hellfire air-to-ground missiles, and Lithuania Raytheon AIM-9X Block II Sidewinder missiles.

2026-04-22T22:50:41.243490-07:00
FlightGlobalGreg Waldron

KAI completes assembly of localised main gearbox for Surion

By FlightGlobal: KAI is pressing forward with efforts to develop an indigenous transmission for the Surion helicopter. Korea Aerospace Industries (KAI) has completed assembly of a new locally designed main gearbox (MGB) for the KUH-1 Surion helicopter.

2026-04-22T21:06:26.646720-07:00
ch-aviationDirk Andrei Salcedo

Cathay Pacific eyes US$255mn bond amid fuel pressure

By ch-aviation: Cathay Pacific (CX, Hong Kong International) is planning to raise about HKD2 billion Hong Kong dollars (USD255.4 million) through a Hong Kong dollar-denominated bond issuance, Reuters reported citing sources and a term sheet.

2026-04-22T20:34:52.787343-07:00
The GuardianGuardian staff reporter

Close call between two planes being investigated at New York’s JFK airport

By The Guardian: The US Federal Aviation Administration said on Tuesday it was investigating a close call at New York’s John F Kennedy international airport between two passenger jets.

2026-04-22T05:35:18.212607-07:00