All articles tagged with #aeronautics
Lockheed Martin's stock dropped 8% after reporting $1.6 billion in losses from various programs, including a classified aeronautics project and an international helicopter program, leading to a significant cut in its full-year profit forecast despite maintaining its sales outlook.
European engineers are working on hypersonic vehicles that could revolutionize air and space travel, potentially allowing passengers to travel from Brussels to Sydney in three hours. The European Space Agency (ESA) is exploring the technological challenges and opportunities for creating reusable hypersonic vehicles for both Earth and space travel. A recent workshop in Germany brought together experts to discuss key areas such as airbreathing propulsion, thermal management, and crew safety systems.
California-based aeronautics company Alef has received a Special Airworthiness Certification from the Federal Aviation Administration (FAA) for its Armada Model Zero flying car, allowing it to test-fly the vehicle in limited locations. The all-electric vehicle, priced at $300,000, can also be driven on roads and has a flying range of 110 miles. Alef aims to provide an environmentally friendly and faster commute, with production and delivery of the Model A set to begin in late 2025. The company is also working on a four-person sedan to be released in 2035.