Tag: Aviation Technology
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Applied Aerospace & Defense Raises $650 Million in NYSE Debut
Applied Aerospace & Defense began trading on the New York Stock Exchange on Wednesday after launching an initial public offering of 32.5 million shares designed to raise approximately $650 million. The company was formed through the merger of aerospace suppliers Applied Aerospace and PCX Aerosystems, which were both previously owned by private equity firm Greenbriar…
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Eutelsat, Gogo and Immfly Team Up on OneWeb Connectivity for Narrowbody Aircraft
Eutelsat is partnering with Gogo and Immfly to introduce a new in-flight connectivity (IFC) solution aimed at narrowbody aircraft and regional jets that currently lack onboard internet access. The companies announced the offering on Jan. 22, saying commercial availability is planned for later this year. The service will be delivered by Immfly and will use…