Uganda Invests $113M to Fund Uganda Airlines' Fleet Expansion
The Ugandan government has pledged UGX 422 billion (about $113 million) to Uganda Airlines to acquire ten new aircraft, expanding its long‑haul fleet. The funding aims to boost tourism, strengthen Entebbe International Airport as a regional hub, and reduce reliance on Gulf carriers.
Vertical Aerospace Raises $50M Equity in $850M Financing Package
Vertical Aerospace announced a financing package of up to $850M, including a closed equity issuance that raised $50M in immediate working capital on March 30, 2026. The equity raise was completed today, while the broader package also includes convertible notes...
X-1 Acquires HangarIT and FBO Partners to Expand Into Aviation Real-Estate
Aviation technology provider X-1 announced the acquisition of HangarIT and FBO Partners, adding aviation real-estate data and advisory services to its platform. HangarIT will be rebranded as X-1 Property, while FBO Partners brings transaction support and market insight. The expanded...
3M Invests in JetZero's Series B to Accelerate Z4 Blended Wing Body Aircraft
3M announced an investment and strategic collaboration with JetZero, joining the company's Series B funding round for its Z4 blended wing body aircraft. The partnership will provide material expertise and funding to help JetZero advance its innovative aircraft design.
Volaris to Acquire Viva Aerobus in $248.3M Capital Increase, Creating Mexico's Super-ULCC
Volaris announced the acquisition of Viva Aerobus, approved at its March 25, 2026 shareholders meeting. The deal is financed by a $248.3 million capital increase, diluting existing shareholders by 50% and consolidating the two low‑cost carriers into a single ULCC with...
AFM Capital Partners Acquires Majority Stake in Incodema3D Holdings
Indianapolis‑based private investment firm AFM Capital Partners Inc. has acquired a majority ownership stake in Incodema3D Holdings, a metal additive manufacturing contract manufacturer serving defense, aerospace, space, energy and industrial markets. Financial terms were not disclosed, and Incodema3D’s leadership will...
Navi AI Raises $6.7M From United Airlines Ventures and Others to Launch Flight Training AI Platform
Navi AI Inc., a startup that uses generative AI to analyze flight data for pilot training, announced a $6.7 million funding round. The round includes United Airlines Ventures, BVVC, New Vista Capital, Raptor Group Holdings, I2BF Global Ventures Ltd., and a...
Gama Aviation Agrees to Acquire Charter Broker Hunt & Palmer
Gama Aviation announced it will acquire Hunt & Palmer, a UK‑based international air charter broker, in a deal expected to close within the week. The acquisition expands Gama’s aircraft management and charter capabilities, adding services in business aviation, commercial charter,...
Joby Aviation Signs Agreement to Acquire Dayton Manufacturing Facility
Joby Aviation announced it has signed an agreement to acquire a manufacturing facility in Dayton, Ohio, to double its eVTOL production capacity to four aircraft per month by 2027. The deal supports its plan to launch commercial eVTOL services in...
Poggipolini Group Acquires Majority Stake in Aero Fasteners
Italy-based Poggipolini Group has completed the acquisition of a majority stake in Aero Fasteners Pvt. Ltd., an Indian aerospace and defence fastener manufacturer. The undisclosed transaction marks Poggipolini’s entry into the Indian market and expands its footprint in the Asia‑Pacific...
SLI Purchases Two Small GEO Satellites From ReOrbit for €150M
Space Leasing International (SLI) announced it will purchase two small geostationary communication satellites from Finnish manufacturer ReOrbit for €150 million, reflecting rising demand for sovereign resilient space infrastructure.
IAT Leasing Acquires Ten Airbus A330 Freighter Portfolio From Altavair Funds
IAT Leasing has purchased a portfolio of ten converted Airbus A330‑300 freighters from funds managed by Altavair on behalf of Blue Owl Capital, with financing from MUFG. The aircraft, previously leased to Amazon Air and operated by Alaska Air Group,...
AeroVironment to Acquire ESAero for $200M
Defense firm AeroVironment announced it will acquire Empirical Systems Aerospace (ESAero), a California‑based UAS engineering company, in a roughly $200 million deal. ESAero will operate as a subsidiary within AeroVironment’s Precision Strike and Defense Systems group, enhancing its manufacturing capabilities. This...
Sirius Space Services Acquires AMM-42 as It Prepares for Inaugural Flight
French launch startup Sirius Space Services announced on 16 March that it has acquired high‑precision metal‑component manufacturer AMM‑42, previously owned by ACI Group. The acquisition is part of Sirius’s vertical integration strategy to bring key manufacturing capabilities in‑house ahead of...
Canada's Department of National Defence Invests $24.9M in Three Domestic Aerospace Startups
The Department of National Defence announced a $24.9 million investment in three Canadian aerospace firms—NordSpace, Canada Rocket Company and Reaction Dynamics—under the IDEaS “Launch the North” program to develop sovereign launch capabilities. The funding, part of a broader $305 million government commitment,...
Hanwha Systems Acquires 0.58% Stake in Korea Aerospace Industries for $41.5M
Hanwha Systems has purchased a 0.58% stake in Korea Aerospace Industries (KAI), acquiring 566,635 shares for 59.9 billion KRW ($41.5 million). The deal, disclosed on March 13 and confirmed on March 15, 2026, marks Hanwha’s first equity investment in KAI since 2018 and signals a...
Aridge Raises Nearly $200M in Equity Round to Advance Modular Flying Car Production
Aridge, the eVTOL subsidiary of Xpeng, announced it has raised nearly $200 million in a new equity round, with investors Hillhouse Capital, HongShan, Gaorong Ventures and Fortune Capital participating. The funding will support commercialization of its modular "Land Aircraft Carrier" eVTOL...
Volatus Aerospace Finalizes 100% Acquisition of Synergy Aviation
Volatus Aerospace Inc. completed the acquisition of the remaining 41.53% minority interest in Synergy Aviation Ltd., achieving 100% ownership. The deal, finalized on March 13, 2026, was paid for with 2,444,243 Volatus common voting shares. The transaction consolidates Volatus' commercial...
Mantis Space Secures $10M Seed Round Led by Rule 1 Ventures
Mantis Space, a startup developing satellite-to-satellite laser power beaming, announced a $10 million seed financing round led by Rule 1 Ventures with participation from Montauk Capital. The funds will be used to complete its prototype payload and expand its team as the company...
DSTL Invests £350k in Cross Manufacturing to Develop UK’s First Pilot‑scale Ceramic Matrix Composites Facility
The UK Defence Science and Technology Laboratory (DSTL) announced a £350,000 investment in Cross Manufacturing Ltd to establish a pilot‑scale production line for ceramic matrix composites (CMCs). The funding aims to boost UK sovereign capability in high‑temperature materials for hypersonic...
SkySelect Raises $9M in AI-Driven Aircraft Parts Procurement Funding
Estonian AI procurement platform SkySelect announced a $9 million funding round co-led by Verb Ventures and RockCreek, with participation from SmartCap Green Fund, Bain Capital Ventures and Lux Capital. The capital will be used to enhance its AI sourcing tools...
York Space Systems Acquires Orbion Space Technology to Deepen Vertical Integration for SDA Constellations
York Space Systems announced the acquisition of Michigan‑based Orbion Space Technology, integrating the propulsion supplier into its defense and commercial satellite production. The deal, disclosed on March 12 2026, secures Orbion’s Aurora Hall‑effect thruster technology and retains its Michigan operations to support...
George J. Priester Aviation Acquires Maxair and Elite Jets
George J. Priester Aviation announced the acquisition of U.S.-based Part 135 operators Maxair and Elite Jets, adding 17 aircraft to its fleet. The deal expands Priester Aviation’s charter capabilities across multiple regions while retaining the acquired companies’ branding. The transaction...
London Gatwick Issues €750m Sustainability-Linked Bond
London Gatwick Airport issued a second €750 million sustainability-linked bond to fund its decarbonisation and infrastructure projects. The bond supports the airport's £1.9bn capital investment programme and aims to drive sustainability initiatives. The issuance was announced in a March 2026...
FlyHouse Acquires JetsMRO to Expand Maintenance Operations
FlyHouse announced the acquisition of JetsMRO, an FAA Part 145 maintenance, repair and overhaul operation based in Dallas. The deal expands FlyHouse's maintenance capabilities and gives it a presence in Dallas and South Florida, strengthening its aviation services platform.
X‑Bow Systems Announces Acquisition of Evolution Space to Boost Hypersonic Munitions Production
X‑Bow Systems has entered into an agreement to acquire Evolution Space, a provider of solid rocket motors and hypersonic propulsion technology. The acquisition, announced on 10 March 2026, aims to expand X‑Bow’s production capacity and address Department of Defense munitions...
Lux Aeterna Raises $10M Seed Round Led by Konvoy
Lux Aeterna, a startup developing reusable satellite technology, announced a $10 million seed round on March 10, 2026. The round was led by Konvoy with participation from Decisive Point, Cubit Capital, Wave Function, Space Capital, Dynamo Ventures, and Channel 39....
Aureus Greenway Holdings to Merge with Powerus via Reverse Merger Backed by Trump Family Investors
Aureus Greenway Holdings (NASDAQ: AUGS) announced a reverse merger with Powerus, a drone manufacturer backed by American Ventures, the investment vehicle of Eric Trump and Donald Trump Jr. The transaction will make Powerus publicly traded and includes investors such as...
Voyager Technologies Makes Low Eight-Figure Strategic Investment in Max Space
Voyager Technologies announced a strategic investment of low eight figures in Max Space to develop expandable lunar habitats. The funding will support Max Space’s R&D, engineering, manufacturing scaling, and mission integration for sustained lunar and deep space missions. The deal...
Lockheed Martin Commits Over £100M to UK Space Hub and Satellite Facility
Lockheed Martin announced a strategic investment of more than £100 million in the UK space sector, including an £85 million satellite manufacturing facility at NETPark and a £15 million contribution to the North East Space Skills and Technology (NESST) centre. The joint venture...
Powerus to Go Public via Combination with Aureus Greenway Holdings, Backed by Trump Jr. And Eric Trump
Powerus, a West Palm Beach‑based drone maker, announced plans to go public by combining with Nasdaq‑listed golf‑course operator Aureus Greenway Holdings Inc. The transaction is backed by Donald Trump Jr. and Eric Trump, expanding the Trump family’s defense investments.
Sierra Space Raises $550M in Series C Round Led by LuminArx Capital
Sierra Space Corporation secured $550 million in a Series C equity round, led by LuminArx Capital Management with participation from General Atlantic, Coatue, Moore Strategic Ventures, and Andalusian Private Capital. The financing values the company at $8 billion post‑money and will...
Allegiant Announces Acquisition of Sun Country
Allegiant announced in January its acquisition of Sun Country, moving into the design and integration phase with the transaction expected to close in the second half of 2026. The deal, part of ongoing consolidation in the U.S. value airline sector,...
West Star Aviation Acquires Aircraft Maintenance Firm DCJet
US-based maintenance, repair and overhaul provider West Star Aviation announced the acquisition of aircraft maintenance firm DCJet. Backed by private equity firm Greenbriar, the deal expands West Star's capabilities in business aviation services. Financial terms were not disclosed.
PLD Space Secures €180M Series C Funding Led by Mitsubishi Electric
Spanish rocket builder PLD Space closed a €180 million Series C round, led by Mitsubishi Electric with a €50 million investment. The funding will be used to scale production and prepare the inaugural MIURA 5 launch, targeting commercial operations from 2027.
FSH Aviation Acquires Citation Sovereign+ Jet From IFM Traviation
German charter operator FSH Aviation has completed the acquisition of a Citation Sovereign+ aircraft from IFM Traviation, adding the 2018-built jet to its fleet. The aircraft, registered as D‑CFSH, entered service on 2 March, expanding FSH Aviation’s charter capabilities.
WFS Completes Acquisition of Aviapartner’s Brussels Cargo Operation
Worldwide Flight Services (WFS) has completed its acquisition of Aviapartner Cargo’s Brussels Airport operations, gaining a 33,000 sq m cargo terminal and freighter ramp handling capabilities. The deal, which received full regulatory approval, adds over 200 Aviapartner employees to WFS and expands...
Phantom Space Acquires Vector Launch Assets and IP
Phantom Space Corporation announced in February 2026 that it has acquired the assets and intellectual property of Vector Launch, aiming to accelerate its Daytona launch vehicle development. The acquisition includes ground systems, launch‑control equipment, tooling, parts inventory, and at least...
NLIGHT Raises over $190M in Follow‑on Equity Offering
nLIGHT Inc announced a follow‑on equity offering that raised over $190 million after expenses. The proceeds will fund manufacturing expansion, supply‑chain investments, staffing and potential M&A. The offering was completed earlier this month, boosting the company's cash balance to more than...
NordSpace Ventures Makes Strategic Corporate Investment in Canadian Space Data Firm Wyvern
Canadian aerospace company NordSpace launched its venture arm, NordSpace Ventures, and announced a strategic corporate investment in Edmonton-based space data company Wyvern. While the amount was not disclosed, the partnership aims to combine NordSpace’s launch capabilities with Wyvern’s advanced satellite...
Velocity One Acquires Kaney Aerospace
Velocity One, a private equity-backed aerospace and defense platform, announced the acquisition of Kaney Aerospace, expanding its portfolio in power systems, navigation, and precision-engineered components. The terms of the deal were not disclosed.
Applied Aerospace & Defense Acquires Vestigo Aerospace to Boost Deorbit Drag Sail Capabilities
Applied Aerospace & Defense announced the acquisition of Vestigo Aerospace, a developer of drag sails for deorbiting satellites and launch vehicle stages. The private transaction, disclosed on Tuesday, expands Applied's portfolio in compliance with emerging FCC deorbit regulations. Financial terms...
Spirit Airlines Reaches Tentative Creditor Agreement to Exit Bankruptcy
Spirit Airlines announced a tentative agreement with its creditors that will enable the budget carrier to emerge from its second bankruptcy by late spring or early summer 2026. The deal provides the financial support needed to complete its restructuring, including...
ERT Acquires Sev1Tech to Boost Space Force Capabilities
Earth Resources Technology (ERT) announced the acquisition of Sev1Tech, expanding its footprint in both civilian and defense markets, particularly with the U.S. Space Force. The deal, supported by Macquarie Capital, triples ERT’s workforce to about 1,600 employees, though the purchase...
IFood Invests in Speedbird Aero to Accelerate Drone Deliveries in Brazil
Speedbird Aero, a Brazilian‑Portuguese drone logistics company, announced a strategic investment from iFood, Brazil’s leading food‑delivery platform, to accelerate its drone delivery operations. The partnership will fund the scaling of new routes and regulatory approvals, with iFood acting as a...
LAT Aerospace Acquires Defence Robotics Startup Sharang Shakti
Hybrid‑electric aircraft maker LAT Aerospace announced the acquisition of Gurugram‑based defence robotics startup Sharang Shakti for an undisclosed amount. The deal aims to strengthen LAT’s autonomous systems and defence electronics capabilities, aligning with its mission to develop next‑generation civil aviation platforms....
Thiax Secures PSV Hafnium Backing for Real-Time X-Ray Inspection Technology
Danish deeptech spin‑out Thiax announced it has secured an undisclosed investment from venture fund PSV Hafnium to accelerate development of its real‑time 3‑D X‑ray inspection system for polymer and composite parts. The funding will be used to ready the technology...
Hycosys Secures Over $1M Seed Funding Led by MountTech Growth Fund – Kavachh
Deep‑tech engineering startup Hycosys announced it has raised over $1 million in a seed‑funding round led by MountTech Growth Fund – Kavachh. The capital will be used to expand the engineering team, access advanced testing facilities, and develop a micro‑gas‑turbine system...
Kingswood Capital Management Completes Acquisition of Safran Passenger Innovations, Rebranding as RAVE Aerospace
Private equity firm Kingswood Capital Management completed its acquisition of Safran Passenger Innovations (SPI), now operating as RAVE Aerospace, earlier this month. The undisclosed deal positions RAVE Aerospace to focus on connected seatback experiences and LEO inflight connectivity as the...
Dubai Aerospace Enterprise Poised to Acquire Macquarie AirFinance
Dubai Aerospace Enterprise (DAE) is reported to be in pole position to acquire Macquarie AirFinance, a deal that would expand DAE's fleet to nearly 1,000 aircraft and cement its position as the third‑largest aircraft lessor. The acquisition follows recent consolidation...