Elodie Collins

Lockheed Martin’s innovation division Skunk Works has signed a memorandum of understanding with Electra.aero, manufacturer of hybrid-electric aircraft, to collaborate on an upcoming ultra-short takeoff and landing, or Ultra-STOL, plane. Lockheed said it will work with Electra to accelerate the development and manufacturing of the nine-passenger EL9 Ultra-STOL.  “Electra has driven signification innovation in the […] More

Kratos Defense & Security Solutions has announced plans to expand its facility in Bristow, Oklahoma, to produce turbojet engines. The company said Monday that the advanced manufacturing site will initially focus on making its GEK800 propulsion technology. GEK800, part of the GE Aerospace-Kratos family of turbojet engines, is designed for unmanned aerial systems and collaborative […] More

Muon Space raised $89.5 million from Congruent Ventures and other investors in the aerospace startup’s recently closed Series B1 funding round.  The funding includes $44.5 million in equity and $45 million in credit facilities, the company said. During its initial Series B funding round in August 2024, Muon received $56.7 million from new and existing investors, […] More