NEWSFeb 29, 2024CycloTech Raises €20 Million in Funding for its Innovative Aviation Propulsion SystemAustrian aviation technology company CycloTech recently secured €20 million ($21.6 million) in financing to develop its flight propulsion technology. The investment was announced on February 28, only a few weeks after the company announced plans to raise funding.Read More →
NEWSJun 19, 2023Raytheon Technologies Announces Next Steps in Hybrid-Electric Propulsion TestingRaytheon Technologies (RTX) kicked off this year's Paris Airshow announcing a significant milestone in its pursuit for widespread sustainable aviation. The company has finally completed a rated power test of its one-megawatt (1MW) electric motor intended to be fitted to Raytheon's De Havilland Dash 8-100 demonstrator as part of its hybrid-electric project.Read More →
