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Financial Times • George Hammond, Sylvia Pfeifer

Anduril raises $5B at $61B valuation, doubling in 11 months as it scales autonomous defense manufacturing and R&D

Anduril said it raised $5 billion in a round led by Thrive Capital and Andreessen Horowitz, doubling its valuation to $61 billion in under a year. The company links the financing to expanding manufacturing capacity, R&D and infrastructure to produce advanced autonomous defense systems, with CEO Brian Schimpf framing the shift in “future warfare.”

2026-05-13T01:23:12.090665-07:00

FlightGlobal

Korean Air and Asiana boards approve final merger; Asiana brand to end Dec. 17, 2026

2026-05-13T03:55:06.842642-07:00

ch-aviation

TAP Air Portugal to fully divest ground handling unit

2026-05-13T05:23:05.551920-07:00

newsroom.lufthansagroup.com

Lufthansa to move to 90% control of ITA Airways, formalizing majority stake deal for EUR325 million

2026-05-12T02:05:54.075685-07:00

News Timeline

ch-aviation

TAP Air Portugal to fully divest ground handling unit TAP Air Portugal plans to fully divest its ground handling unit, a move that separates airport services operations from the airline’s core carrier business. The divestiture comes as TAP remains central to Portugal’s privatization process, shaping how potential investors view the group’s asset footprint.

2026-05-13T05:23:05.551920-07:00

TAP Air Portugal to fully divest ground handling unit

FlightGlobal

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Korean Air and Asiana boards approve final merger; Asiana brand to end Dec. 17, 2026 Korean Air and Asiana Airlines have finalized their merger agreement. The consolidation will take effect on December 17, 2026, when the Asiana brand disappears and the combined carrier is set to operate from Incheon as a top-10 global airline.

2026-05-13T03:55:06.842642-07:00

Korean Air and Asiana boards approve final merger; Asiana brand to end Dec. 17, 2026

Financial Times

Anduril raises $5B at $61B valuation, doubling in 11 months as it scales autonomous defense manufacturing and R&D Anduril said it raised $5 billion in a round led by Thrive Capital and Andreessen Horowitz, doubling its valuation to $61 billion in under a year. The company links the financing to expanding manufacturing capacity, R&D and infrastructure to produce advanced autonomous defense systems, with CEO Brian Schimpf framing the shift in “future warfare.”

2026-05-13T01:23:12.090665-07:00

Anduril raises $5B at $61B valuation, doubling in 11 months as it scales autonomous defense manufacturing and R&D

newsroom.lufthansagroup.com

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Lufthansa to move to 90% control of ITA Airways, formalizing majority stake deal for EUR325 million Lufthansa has confirmed it is formalizing its option to buy an additional 49% in ITA Airways, taking its stake to 90% for EUR325 million. The move follows the group’s earlier plan to secure control in late 2Q26/early 2027, extending Lufthansa’s integration of ITA into its systems and alliance operations.

2026-05-12T02:05:54.075685-07:00

Lufthansa to move to 90% control of ITA Airways, formalizing majority stake deal for EUR325 million

Via Satellite

Vitesse Systems and Accelint merge into Lyntris to build connected-battlefield defense technology Vitesse Systems and Accelint have combined to form a new defense tech company, Lyntris, positioned around the “connected battlefield.” The move consolidates both firms’ capabilities into a single platform aimed at improving how defense systems share information and coordinate in operational environments.

2026-05-11T14:07:51.156924-07:00

Vitesse Systems and Accelint merge into Lyntris to build connected-battlefield defense technology

Via Satellite

Hughes Network Systems reports Q1 2026 drop in broadband subscribers and service revenue amid intensified competition Hughes Network Systems said its satellite broadband business posted a decline in broadband subscribers and service revenue in Q1 2026, attributing the weakness to competitive pressure from other satcom providers and alternative connectivity technologies. The update points to softer demand dynamics even as Hughes continues inflight connectivity execution.

2026-05-11T14:07:38.120793-07:00

Hughes Network Systems reports Q1 2026 drop in broadband subscribers and service revenue amid intensified competition

ch-aviation

Portugal appoints commission to monitor sale of Azores Airlines Portugal has appointed a commission to monitor the sale of Azores Airlines, according to ch-aviation’s coverage. The oversight step signals heightened scrutiny of the airline’s ownership transition amid broader restructuring and investment activity in the Portuguese air sector.

2026-05-11T07:06:49.260534-07:00

Portugal appoints commission to monitor sale of Azores Airlines

SpaceWatch Global

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Rocket Lab to acquire Motiv Space Systems, bringing Mars-proven robotics and precision mechanism capabilities in-house Rocket Lab has agreed to acquire Motiv Space Systems, a move designed to expand its internal space-robotics portfolio. Motiv is known for multi-degree-of-freedom robotic arms, actuators and drive electronics used on missions including NASA’s Mars Perseverance rover, CADRE lunar rovers and precision scientific-instrument mechanisms.

2026-05-11T06:19:48.716854-07:00

Rocket Lab to acquire Motiv Space Systems, bringing Mars-proven robotics and precision mechanism capabilities in-house

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M&A News

Anduril raises $5B at $61B valuation, doubling in 11 months as it scales autonomous defense manufacturing and R&D

Korean Air and Asiana boards approve final merger; Asiana brand to end Dec. 17, 2026

TAP Air Portugal to fully divest ground handling unit

Lufthansa to move to 90% control of ITA Airways, formalizing majority stake deal for EUR325 million

News Timeline