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SANTA CRUZ, Calif. & MELBOURNE, Fla.--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE: JOBY) and L3Harris Technologies (NYSE: LHX) today announced they are exploring opportunities to develop a new aircraft class for defense applications. The gas turbine hybrid vertical take-off and landing (VTOL) aircraft is designed for low-altitude missions and offers the versatility of being optionally piloted, enabling both crewed and fully autonomous operations. The collaboration leverages Joby's existing comme.
HOUSTON , July 29, 2025 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release its second quarter 2025 financial results after market close on Tuesday, August 5, 2025. In connection with the release, Bristow has scheduled a conference call for Wednesday, August 6, 2025, to begin at 10:00 a.m.
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Joby Aviation's successful piloted VTOL flights in Dubai, in high temperature, showcase its operational readiness when it launches in Dubai in early 2026. The successful flights also open up more opportunities for Joby in the Middle East, especially in Saudi Arabia, thanks to an MOU with Abdel Latif Jameel. Joby's more advanced certification progress and demonstrated VTOL capabilities suggest that its chances of being the first eVTOL to start commercial air taxi services are becoming increasingly higher.
New 50,000-Square-Foot Facility, Located on 20 acres, is Expected to Expand to 100,000 Square Feet and House up to Five GEK Engine Production Lines
British electric-aircraft developer Vertical Aerospace said on Thursday it has expanded its partnership with helicopter ride operator Bristow Group as it aims to bring air taxi services into commercial operation.
LONDON & HOUSTON--(BUSINESS WIRE)--Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company pioneering electric aviation, and Bristow Group Inc. [NYSE: VTOL], the leading global provider of innovative and sustainable vertical flight solutions, today announced an expansion of their strategic partnership to bring advanced air mobility (AAM) into commercial operation. The companies will develop a scalable, capital-light eVTOL operations platform, designed to reduce bar.
XTI Aerospace expects Trump Executive Order to accelerate VTOL development for commercial and military applications ENGLEWOOD, Colo. , June 10, 2025 /PRNewswire/ -- Commending President Trump's recent Executive Order aimed at accelerating domestic drone production and strengthening U.S. leadership in advanced air mobility, XTI Aerospace (NASDAQ: XTIA) is issuing the following statement reinforcing the critical role of vertical takeoff and landing (VTOL) technology to meet national security priorities and a rapidly evolving commercial market.
Leading helicopter services provider Bristow Group reported mediocre first quarter 2025 results, with GAAP profitability inflated by a large currency gain and disappointing cash generation. With Bristow's new SAR contracts still in ramp-up mode, the company's Offshore Energy Services ("OES") segment continued to contribute the vast majority of revenues and profits. While acknowledging increased risks from recent trade tension escalations and higher OPEC+ supply levels, management reiterated its outlook for 2025 and 2026.
Rescued 470 people during 2,870 missions by UK Search and Rescue (SAR) team Signed letter of intent to take part in an international test arena for zero- and low-emission aviation in Norway Achieved ISO 14001 certification at Ireland operations Strengthened fleet with modernization efforts by securing agreement to purchase 10 Leonardo AW189 super-medium helicopters, with options for 10 more, supporting reduced CO₂ emissions and sustainable aviation fuel (SAF) usage HOUSTON , May 20, 2025 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions, today released its 2024 Sustainability Report, reaffirming Bristow's commitment to responsible growth. "Our mission continues to prioritize safety, sustainability, and positive community impact," said Bristow President and CEO Chris Bradshaw.