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JetZero wins $3B preliminary US deal to start production of blended-wing aircraft, signaling early federal backing for its uncon

JetZero has secured a $3 billion preliminary deal from Washington aimed at helping launch production of its blended-wing aircraft—one of the most radical designs since the Concorde. The agreement provides early industrial support for scaling development toward manufacturing.

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Indra Group says its space division is on track for €400M ($455M) in 2024 revenue despite 6% first-half softness

Indra Group says its space business—now encompassing satellite fleet operator Hispasat and military satcom provider Hisdesat since January—remains on track to reach €400 million ($455 million) in revenue this year. In the three months ended, revenue declined 6% but the division’s outlook is unchanged.

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ICEYE and KT SAT launch flood-intelligence partnership for South Korea, first ICEYE deployment in the market

ICEYE and KT SAT have formed a strategic partnership to deliver flood-monitoring solutions to South Korean government and commercial organizations. The agreement includes the first deployment of ICEYE Solutions in South Korea, expanding the use of satellite-based flood intelligence for faster detection and response planning.

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Pan Am ‘Clipper Endeavor’ DC-4 wreckage found off Puerto Rico, 74 years after a dual-engine failure crash

The wreckage of Pan American World Airways’ 1952 Douglas DC-4 “Clipper Endeavor” has been located off Puerto Rico, ending a 74-year search. The aircraft went down after losing both engines less than 10 minutes after takeoff, following a hard landing on water with 69 passengers and crew aboard.

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