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Honeywell to Split Into Three Independent Companies in Major Restructuring Move
Honeywell has unveiled a significant restructuring plan to split the industrial giant into three independent, publicly traded entities. This move marks a strategic shift aimed at streamlining operations, sharpening business …
Urban Air Mobility
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Pipistrel Nuuva V300 Conducts First Hover Flight
On January 31st, Textron’s Slovenian aviation subsidiary Pipistrel announced that its flagship remotely piloted hybrid VTOL cargo platform, the Nuuva V300, had successfully conducted its first hover flight test. The attainment …
Space Systems
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Indra Takes Aim at European Space Leadership with EUR725 million Hispasat Deal
Indra will acquire an 89.68% stake in satellite operator Hispasat, including a 43% stake in Hisdesat, from Redeia for €725 million ($744 million). Indra already owns 7% of Hisdesat. While …