The Asian carrier is investing an undisclosed amount in a U.S. start-up called Regent and assessing how sea gliders operating routes of up to 180 miles could better connect Japan's islands.
Under a Strategic Funding Increase, the Afrwerx innovation unit is making up to $85 million available to support the Virginia-based start-up's efforts to build and fly a full-scale preproduction model.
Aramco's venture capital arm Wa'ed Ventures has invested $14 million in Japan-based Terra Drone to establish a Saudi Arabian division of the drone services and uncrewed traffic management group.
NATA's recently formed AAM Committee named its co-chairs and outlined a strategic vision as members connected with others on a range of related issues.
Envirotech Vehicles and Garsite have partnered on the industry's first all-electric aircraft refueler, which makes its public debut this week in Nashville.