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American Airlines to buy 20 jets from Boom Supersonic

American Airlines will buy up to 20 jets from Boom Supersonic, an aircraft maker that aims to commercialize supersonic, and super-fast, flight.

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Beacon Power Services raises $2.7M to improve electricity access for sub-Saharan African cities

Beacon Power Services provides data and grid management solutions to help Africa’s power sector distribute electricity more efficiently.

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The passage of the CHIPS Act could launch another US startup renaissance

Intel's choice to build a $20 billion chip fabrication facility in Columbus, Ohio, along with the passage of the CHIPS Act, could set the stage...

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Rolls-Royce and Hyundai partner on air taxi hydrogen fuel system

Rolls-Royce and Hyundai are partnering to develop a fuel-cell electric propulsion system for advanced air mobility. The collaboration, announced...

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A USB standard for satellites? Slingshot 1 takes to orbit to test one

Testing new satellites and space-based technologies has never been easy exactly, but it definitely could be easier. Slingshot 1, a 12U Cubesat...

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Watch Virgin Orbit’s ‘Straight Up’ launch of Space Force satellites live tonight

We’re sorry in advance for getting Paula Abdul stuck in your head today. Virgin Orbit is ready to launch the “Straight Up” mission...

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Astrix Astronautics’ Fia Jones on wooing Peter Beck to launch her startup

Astrix has figured out how to use inflation to deploy a very large surface area from a compact volume, which allows for ease of access to power in...

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Austin-based True Wealth Ventures raises second fund to back women-led startups

80% of the fund's investors are women, many of whom haven't invested in a venture fund before, partners Sara Brand and Kerry Rupp said

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Overair nabs $145M to produce eVTOL prototype by 2023

Overair, a California-based electric vertical takeoff and landing (eVTOL) vehicle startup, has secured $145 million in funding that will go towards...

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Unlikely players team up to lead South Korea’s air taxi industry

South Korea, which lacks the VC, entrepreneurial ecosystem and aerospace legacy of the U.S., might be the first to lay the groundwork for taking air...

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Joby Aviation secures certificate to operate commercial air taxis

Joby Aviation — the publicly-traded electric air vehicle company with a current market cap of $3.1 billion — has received the necessary...

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NASA awards $2 million to moonshot solar sail project

The concept of solar sails is not particularly new — just check out the Planetary Society’s LightSail 2, French startup Gama or NASA’s...

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Joby Aviation acquires Avionyx to accelerate aerospace software certification

Joby Aviation, a company developing electric vertical takeoff and landing vehicles (eVTOL) for commercial passenger service, announced the...

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Venus Aerospace CEO is making flying faster and greener without sacrificing family time

This week on Found, we are talking to the co-founder and CEO of Venus Aerospace. Sassie Duggleby is leading the team at Venus Aerospace to develop a...

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Canoo warns it may not have enough funds to bring EVs to market

During Canoo's Q1 2022 earnings, the company said it may not have enough cash to keep up its business, which might affect EV deliveries for NASA...

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Vyoma is the latest player seeking to prevent satellite collisions with space junk

As you might’ve heard, it’s getting a little crowded in space, between thousand-satellite constellations à la SpaceX’s Starlink and the...

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North Korean hackers are targeting blockchain companies with malicious crypto-stealing apps

The trojanized crypto apps allow the hackers to steal private keys and make fraudulent blockchain transactions.

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Major space companies pledge to boost diversity and publicly share hard numbers

The world of aerospace has come a long way from the boys’ club it once was, but there’s still a ways to go. Today 24 companies, including...

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China’s game engine Cocos raises $50M, goes beyond games

Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B...

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Dublin’s Exergyn pulls in $35M Series A for solution which replaces GHG-causing refrigerants

Dublin-based Exergyn replaces refrigerants with solid materials, thus reducing the output of greenhouse gases. The technology could be applicable in...

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Rocket Lab acquires SolAero Holdings for $80M to boost space solar cell production

Rocket Lab is on a mission to vertically integrate space solutions. On Tuesday the launch and space systems company announced the close of a deal to...

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How to build a better rocket company

We spoke to three rocket makers who have either already launched, achieved orbit or are well on their way: Firefly Aerospace's Lauren Lyons,...

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Factor raises seed round to streamline an overlooked part of the supply chain

The “last mile” in the supply chain has gotten lots of attention during the pandemic. Even e-commerce giants like Amazon have struggled to...

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Evolito’s electric motors look set to take off in aerospace where YASA left off in automotive

Back in July, British “axial-flux” electric motor startup YASA was acquired by Mercedes-Benz for an undisclosed amount. YASA’s electric motors...

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Wright tests its 2-megawatt electric engines for passenger planes

Just like the automotive industry, aerospace has its sights set on going electric — but flying with battery-powered engines is a tougher...

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Fractory raises $9M to rethink the manufacturing supply chain for metalworks

The manufacturing industry took a hard hit from the Covid-19 pandemic, but there are signs of how it is slowly starting to come back into shape...

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Phantom Space acquires StratSpace in pursuit of becoming a turnkey space service

Even as 2021 shapes up to see a record number of launches, demand is growing fast. Companies like Phantom Space Corporation aim to fill it with mass...

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SpaceX launched 52 more Starlink satellites to orbit on Saturday

SpaceX successfully launched another 52 Starlink internet broadband satellites into orbit on Saturday, less than one week after it sent up the last...

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