LIG Defense & Aerospace's Q2 net profit dropped 24.4% to 78.2 billion won due to higher financing costs, despite a 17.4% revenue increase to 1.11 trillion won, driven by guided weapons and key business segments.
Honeywell Aerospace shares plunged 11% after reporting weak second-quarter results and cutting its full-year outlook due to supply chain constraints, marking a difficult start as a standalone company.
Hanwha Aerospace terminated UAM component deals worth US$318 million with UK's Vertical Aerospace due to changed market conditions and project direction, despite fulfilling obligations. The companies signed an MOU to continue partnership.
Korea Aerospace Industries (KAI) reports a 35.2% drop in Q2 net profit to 37 billion won due to delayed revenue recognition from aircraft orders, despite a 41% increase in sales to 1.16 trillion won.
Chinese researchers create tantalum-based alloy retaining strength at 2,400°C, surpassing 2,000°C limit of most metals, with potential for aerospace, hypersonic vehicles, and nuclear reactors.
A 1.2 million-hectare private weapons and aerospace testing facility, MaxQ range, will open near Thargomindah, Queensland, by mid-2028. The $15 million project, co-funded by the Queensland government, aims to bolster sovereign defence capabilities and create 60 jobs.
British flying taxi startup Vertical Aerospace announced the UK government's interest in a military version of its eVTOL aircraft, following a £10m grant. The company demonstrated its prototype at Farnborough Airshow, showcasing its transition from conventional to vertical flight, as it pursues certification for passenger flights by 2029.
Индийская компания Skyroot Aerospace успешно запустила свою частную ракету Vikram-1 с острова Шрихарикота 18 июля, достигнув высоты 450 км. Это первый частный запуск ракеты в Индии.
Skyroot Aerospace's Vikram-1 rocket successfully completed its maiden orbital mission from India, carrying customer payloads and making India the third country with private orbital launch capability. Analysts emphasize the need for Skyroot to demonstrate regular, cheap, and reliable launches for commercial success.
India's Kaveri jet engine, initially dropped from the Tejas programme, is being revived with a push for self-reliance in military aviation, aiming to develop sixth-generation fighter engines within 5-7 years, leveraging decades of accumulated expertise for future combat aircraft like AMCA
Skyroot Aerospace's Vikram-1, India's first fully commercial satellite launcher, successfully reached a 280-mile orbit on its debut flight from Sriharikota Island. The launch, celebrated as a 'grand success' by Indian space officials, marks a significant milestone for India's private space sector, exceeding initial objectives.
Skyroot Aerospace's Vikram-1, India's first fully commercial satellite launcher, successfully completed its debut orbital flight, reaching a 280-mile-high orbit. The launch from Sriharikota Island marks a significant milestone for India's private space sector, exceeding initial objectives.
Rolls-Royce has transformed from a "burning platform" in 2023 to reporting a 40% profit surge for 2025, driven by resolving persistent durability issues with its Trent engines and increased demand. The company is also exploring re-entry into the narrowbody jet engine market and benefiting from AI datacentre generator demand.
Skyroot Aerospace, India's first space tech unicorn, successfully launched its Vikram-1 rocket into Low Earth Orbit from Sriharikota. This makes India the third country with a private orbital launch capability, aiming to offer a "cab service to space" for small satellite payloads.
Indien erreicht mit der privat entwickelten Rakete Vikram-1 einen Meilenstein: Erstflug erfolgreich, Satelliten in 450 km Höhe ausgesetzt. Indien wird damit das dritte Land mit privaten Orbitalstarts.
LandSpace Technology's IPO review was restored, seeking $1.1 billion for reusable rockets. CAS Space also plans to use IPO funds for similar projects. This follows China's successful sea recovery of a Long March-10B rocket, highlighting domestic advancements in reusable rocket technology.
JAXA's Hayabusa2 mission successfully altered an asteroid's orbit, demonstrating advanced technology to potentially deflect Earth-bound threats. Mission control confirmed the spacecraft responded perfectly to commands from 100 million km away.
China recuperou com sucesso um propulsor de foguete orbital pela primeira vez, um marco que aproxima o país do desenvolvimento de foguetes reutilizáveis e impulsiona ações de empresas aeroespaciais.
Bengaluru-based Spacetech startup Bellatrix Aerospace anticipates a more than fivefold increase in revenue this fiscal year, projecting "a few tens of crores" in FY27, up from Rs 2 crore annually over the past three years. This growth is fueled by increased commercial production of satellite propulsion systems, a $20 million fundraise in March, and rising global demand for in-space mobility.
Russia has banned diesel exports to stabilize its domestic market following Ukrainian drone attacks on refineries, which have caused gasoline shortages and price spikes. Meanwhile, Russian missile and drone attacks killed at least three in Kyiv and four in Odesa.
Skyroot Aerospace's Vikram-1 is slated for its first orbital mission, Mission Aagaman, between July 12 and August 4. It will carry payloads from startups like Cosmoserve Space and Grahaa Space, marking a significant step for India's private space sector.
Equipes de resgate paquistanesas encontraram destroços de um Boeing 737 de carga da K2 Airways, 12 horas após a aeronave desaparecer no Mar Arábico. A busca pelos cinco tripulantes a bordo continua.
Donald Trump told Volodymyr Zelenskyy that Ukraine may be allowed to manufacture Patriot missile interceptors. This offer, made at the Nato summit in Ankara, could be a diplomatic coup for Kyiv, but faces significant hurdles.
Venus Aerospace, founded in 2020, has secured $90 million in Series B funding to advance its Rotating Detonation Rocket Engine (RDRE) technology. Initially aimed at passenger travel, the company pivoted to defense and space missions after demonstrating a working RDRE, now focusing on hypersonic weapons and high-speed military vehicles.
