ch-aviationLuciano Braganca

Flight Options (Ohio) wins US appeal in $39mn IRS Federal Excise Tax dispute over fractional ownership services

A US appeals court ruled in favor of Flight Options (Ohio), overturning a lower court decision in a tax case contesting whether the 7.5% Federal Excise Tax (FET) applies to fractional ownership services. The dispute centers on IRS liability of roughly $39 million.

2026-06-02T13:41:45.941915-07:00
Space Intel ReportPeter B. de Selding

Europe's Eagle-1 quantum key distribution satellite delayed again; backers defend its value vs post-quantum cryptography

By Space Intel Report: LA PLATA, Maryland —Europe’s Eagle-1 quantum key distribution (QKD) satellite is facing fresh delays to its payload and will not be launched before late 2027 or early 2028, but program backers defended the project and said post-quantum cryptography (PQC) is no substitute for it for sensitive communications.

2026-06-02T14:22:25.069208-07:00
Via SatelliteRachel Jewett

MDA Space to Supply Antennas to BAE Systems for Epoch 2 Missile Warning Constellation

By Via Satellite: BAE Systems has tapped MDA Space as a supplier for the Epoch 2 missile warning constellation for the U.S. Space Force. Under a subcontract announced Tuesday, MDA Space will design and build antennas and control electronics for the constellation.

2026-06-02T12:25:39.456648-07:00
Air Data NewsRicardo Meier

Cessna Citation M2 Gen3 begins flight test program

By Air Data News: Updated light jet completed its maiden flight and is targeting certification in 2027 Textron Aviation has completed the first flight of the Cessna Citation M2 Gen3 , the latest evolution of the entry-level business jet as the manufacturer works toward FAA certification and entry into service in 2027.

2026-06-02T12:22:17.730660-07:00
Via SatelliteRachel Jewett

Iceye U.S. Appoints ASRC Federal Exec Ann Stevens as CEO

By Via Satellite: People Iceye U.S. Appoints ASRC Federal Exec Ann Stevens as CEO By Rachel Jewett Tuesday, June 2, 2026 Ann Stevens, CEO of Iceye U.S. Iceye ’s U.S. subsidiary has appointed Ann Stevens to the role of CEO, as Eric Jensen who held the position, takes the role of COO of Iceye.

2026-06-02T12:41:28.198510-07:00
aviation   Event   eVTOL  
FlightGlobalDominic Perry

Whisper breaks silence on JetFoil integrated ducted fan concept

By FlightGlobal: Developer claims significant benefits from blown-wing configuration for the next generation of runway-independent aircraft.

2026-06-02T08:43:10.757999-07:00