Parker Hannifin to Acquire CIRCOR Aerospace for $2.55B
Parker Hannifin has agreed to acquire CIRCOR Aerospace, the aerospace division of KKR‑owned CIRCOR International, for $2.55 billion in cash. The transaction is expected to close in the second half of 2026 pending regulatory approvals. The deal expands Parker's aerospace component portfolio and follows KKR's earlier exit from CIRCOR's other divisions.
Swissport Signs Binding Agreement to Acquire Swiftair Maroc
Swissport International, a global aviation services provider, has signed a binding agreement to acquire Swiftair Maroc, a Casablanca‑based cargo handling firm operating at Mohammed V Airport. The deal adds a 3,700 sqm airside warehouse with temperature‑controlled facilities to Swissport’s portfolio, expanding...
One Bow River Invests in Aerospace Startup PteroDynamics
Venture capital firm One Bow River has announced an investment in PteroDynamics, an aerospace company developing a transwing VTOL unmanned aircraft system. The funding will accelerate development, flight testing, and manufacturing scale for the new platform. Deal terms and amount...
Star Catcher Industries Secures $65M Series A Funding
Star Catcher Industries, the developer of the first orbital power grid, raised $65 million in an oversubscribed Series A round led by B Capital and co‑led by Shield Capital and Cerberus Ventures. The funding brings total capital raised to $88...
Draganfly to Acquire Skip Dynamix in $7.525M Asset Purchase
Drone solutions provider Draganfly Inc. announced a definitive asset purchase agreement to acquire the assets of Skip Dynamix, a developer of ultra‑low‑cost fixed‑wing UAVs. The transaction values up to $7.525 million in cash, Draganfly shares and an earn‑out, and is slated...
Industry Leaders Commit $239M to Hydrogen-Powered Aviation Alliance
Airbus, Bristol Airport, easyJet and Rolls‑Royce have pledged a combined £188 million (≈$239 million) to the Hydrogen in Aviation Alliance (HIA) to fund R&D for hydrogen‑powered regional flights in the UK through 2028. The investment, announced on 19 May 2026, aims to accelerate fuel‑cell...
Mach Industries Acquires Exquadrum for $50M, Rebrands as Mach Energetics
Mach Industries, a defense startup, completed the acquisition of solid rocket motor startup Exquadrum for $50 million in cash and equity, rebranding the business as Mach Energetics. The deal brings Exquadrum’s IP, 85 employees, and a 70,000‑sq‑ft facility into Mach, giving...
Tomorrow.io Adds $35M to Series F DeepSky Funding Round, Total $210M
Weather intelligence provider Tomorrow.io announced an additional $35 million investment in its Series F DeepSky funding round, bringing total capital raised to $210 million. The new funds came from existing investors Pitango and Harel Insurance, while the round was led by Stonecourt Capital...
Avem Partners Acquires Precision Aircraft Machining Co. (Pamco)
Avem Partners, a Manhattan Beach-based private equity firm, has completed the acquisition of Precision Aircraft Machining Co. Inc. (Pamco), a Sun Valley precision manufacturing company that supplies fluid conveyance fittings to aerospace and defense giants such as SpaceX, Boeing and...
York Space Systems Acquires Orbion Space Technology
York Space Systems, a satellite manufacturer, completed the acquisition of Orbion Space Technology, a propulsion supplier, as part of its strategy to diversify beyond satellite manufacturing. The deal, reported in York’s May 2026 earnings call, underscores the company’s push into propulsion...
UK MOD Awards $12.7M to Four Firms for Apache Helicopter Support Drones
The UK Ministry of Defence announced a $12.7 million investment in four British firms—Anduril Industries (UK) Ltd, BAE Systems Operations Ltd, Tekever Ltd, and Thales UK Ltd—to develop autonomous drones that will act as wingmen for Apache attack helicopters. The contracts...
Virgin Galactic Raises $11M via At‑the‑market Equity Offering
Virgin Galactic reported a $11 million raise through an at‑the‑market equity offering as part of its Q1 2026 financial results, helping fund its Delta‑class program and reduce cash burn. The public company’s financing supports its push toward commercial spaceflight in the...
Infinity Aviation Group Acquires Corporate Air's Vero Beach FBO
Infinity Aviation Group announced the acquisition of Corporate Air's Vero Beach FBO, adding a second location to its FBO network. The Vero Beach facility includes eight hangars, a 350,000‑sq‑ft ramp, and a 5,000‑sq‑ft terminal, expanding Infinity's presence in South Florida....
Intuitive Machines to Acquire Goonhilly Earth Station for $49.6M
Intuitive Machines announced on May 14 that it will acquire Goonhilly Earth Station Ltd. and its U.S. subsidiary Comsat for 37 million pounds ($49.6 million) in cash and stock. The acquisition aims to expand its lunar communications network and is expected to...
Vision Aero Closes Eight‑figure RMB Angel Extension Round Led by Orinno Capital
Vision Aero, a Chinese eVTOL maker, completed an eight‑figure RMB angel extension round led by Orinno Capital with participation from Jinduo Investment, bringing its total funding to over RMB 100 million ($14.7 million). The capital will fund R&D, flight testing, and certification of...