Markets
Hexagon Agility receives wave of RNG fuel system orders for Class 8 trucks
RNG/CNG fuel system installations with Type 4 CFRP pressure vessels, powered by Cummins’ 15-liter natural gas tank, adds 230,000 heavy-duty trucks to the addressable RNG/CNG market annually.
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VoltAero opens facility in France for Cassio aircraft
VoltAero inaugurates its industrial facility in Rochefort for the final assembly line for the family of Cassio electric-hybrid aircraft, to incorporate composite elements.
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Manta Aircraft, Shenyang Aviation establish AAM aircraft partnership
The focus of accelerated development is on Manta’s Ann Plus vehicle model, offering a complete carbon fiber structure and VTOL and STOL operation capabilities.
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Graphmatech launches Aros polyamide-graphene for Type 4 tanks, secures grant
Combination of polyamide grades and graphene introduces low-permeation solution for upscaling H2 storage, transport applications.
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Beta Technologies raises $300 million to fund AAM growth, commercialization
Series C capital raise will be used to propel the certification of Beta’s composites-intensive Alia CTOL, Alia VTOL and electric motors, while directly supporting ramp-up of production, delivery of aircraft and chargers.
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AAM startup Lilium to file for self-administered insolvency
Two of its principal subsidiaries will file for insolvency and apply for self-administration, follows failed loan efforts from German parliament’s Budget Committee, Bavarian government.
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Mikrosam equips BTU Germany with single-tape AFP head for Type 5 pressure vessels
Delivery of upgraded placement head provides additional automated layup flexibility, quality control for the university’s latest projects advancing Type 4 and 5 hydrogen storage.
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Toyota invests $500 million in Joby Aviation
Toyota Motor Corp. is investing an additional $500 million to support the certification and commercial production of Joby Aviation Inc.’s eVTOL aircraft.
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Solico software suite now includes horizontal tank module
Solico Engineering introduces the module to complete its Amphora calculation tool, made for the design of fiber-reinforced silos and tanks.
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Reaction Dynamics earns CSA grant for composite propellant tanks, hybrid rocket fuel
The $1.5 million grant boosts the Canadian company’s goal to advance its Aurora orbital launch vehicle program.
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