Kinston-based charter-flight operator flyExclusive began public stock trading Thursday after completing its combination with a New York special purpose acquisition company.
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The private placement of securities compliments a current at-the-market offering at $17 per share rate. The company is actively working to raise up to $5.4 million.
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Echelon will be the brand name for Honda Aircraft Co.’s new light jet, which will be manufactured at its Piedmont Triad International Airport campus in Greensboro.
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The so-called “Overture Superfactory” for the building of faster than the speed of sound passenger jets for Boom Supersonic is taking shape, its basic steel infrastructure having now been erected.
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Using its patented “beamforming” technology, SmartSky is able to offer reliable, secure, and uninterrupted network access while in the air. The company also offers Skytelligence, a platform for collecting and sharing data critical to the plane in flight.
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FlyExclusive is facing a lawsuit from a peer company that has provided the Kinston-based charter-jet provider with much of its business. Here are the details from Business North Carolina.
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Boom Supersonic’s wave of development and partnership announcements about its Overture airliner at the recent Paris Air Show are proving to be a big counter to media skepticism about the jet builder’s future plans, says a writer at AviationSource News
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Boom Supersonic, the company planning to build a new generation of commercial supersonic jets in Guilford County, made a sweeping series of announcements at the world’s largest aviation event, underlining what it called “significant advances” toward beginning production.
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Portside, a provider of a SaaS platform for the business aviation community with ties to the Triangle, has closed a $50 million Series B funding round.
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