Lilium NV, developer of the first all-electric vertical take-off and landing jet, announced that it has successfully arranged a capital raise for a total amount of $192 million, bringing its total raise for the year to nearly $300 million. Innovative electric motors power the craft, and Swedish bearing manufacturer SKF is one of the German aircraft company’s key suppliers. […]
Whitmor/Wirenetics, a long-time distributor of magnet wire based in Valencia, California, is now part of the FDH Aero organization through its acquisition of BJG Electronics Group. A global provider of supply chain solutions for the […]
Aircraft safety is of utmost importance, and the ability to detect overloading and prevent potential damage is crucial. The mechanical clutches, which are traditionally used to provide overload protection in aircraft flap wing systems, have […]
Metamagnetics Inc., a provider of cutting-edge RF magnetics solutions for the aerospace, defense and telecommunications industries, has announced new executive leadership. Vince Harris has taken on the role of chief executive officer, and Lee Burns has been promoted to president and chief operating officer. The moves come as the company has received several new contracts recently including an $11 million award for a military communications project. […]
British electrification specialist Equipmake, expanding from its founder’s roots in designing Formula 1 race cars, has launched an ultra-lightweight, power-dense electric motor designed for demanding aerospace and marine applications. Debuted at the Future Propulsion Conference held in Solihull, UK in March, the HPM-400 is an advanced high power, short duration motor that was original specified as a high-performance rocket fuel pump for Australian company, Gilmour Space Technologies, for use in its Eris rocket program. […]
Swedish holding company KAMIC Group has acquired, through its subsidiary ETAL (UK) Ltd., all the shares of Avon Magnetics Ltd. The deal bolsters the magnetics company portfolio of KAMIC, which also owns SIGA Electronics and […]
2023 promises to be an important year for electric propulsion innovator Wright Electric. Plans call for initial flight testing of its Wright Spirit regional aircraft retrofit technology, this stage employing one electric propulsor enroute to […]
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