Wall Street Journal
• Benjamin Katz
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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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.
The Air Force’s propulsion directorate chief said an adaptive turbofan engine “could” be integrated into the forthcoming F-47 stealth fighter by 2030, describing it as an enabler for next-generation capability. He stressed no final decisions have been made, leaving timing and selection open.
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.
MTU Aero Engines has started assembly of the first pre-production 350kW fuel-cell stack for its Flying Fuel Cell (FFC) programme. The demonstrator will undergo evaluations at MTU’s Munich site as the firm positions future collaboration with Airbus on the technology.
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.
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.
Thales’ space business—run largely through Thales Alenia Space and Telespazio—posted continued recovery in the three months ended June 30, with both sales and profit increasing. The improvement held even after a customer cancellation of two geostationary-orbit telecommunications satellites, costing €174.5M for Thales’ accounts.
Chinese titanium suppliers used the Farnborough Airshow to market materials to aerospace customers, aiming to expand beyond the home market. The push reflects expectations that tight global supplies of the critical metal will remain strong—despite ongoing U.S. tariff concerns.
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