Latest news with #InternationalParisAirShow
UPI
12 hours ago
- Business
- UPI
Paris Air Show: Airbus gets nearly $21 billion in orders
Airbus executive vice president for sales of the commercial aircraft business, Benoit de Saint-Exupery (L), the Airbus chief executive officer of the commercial aircraft business Christian Scherer (C) and the chief executive officer of LOT Polish Airlines, Michal Fijol show agreement documents for purchasing Airbus A220-100 and A220-300 passenger jets at the 55th edition of the International Paris Air Show on Monday. Photo by Christophe Petit Tesson/ EPA-EFE June 19 (UPI) -- During the Paris Air Show, Airbus on Thursday reported robust orders of nearly $21 billion, while Boeing was in the background as it struggles with a host of issues. The European aircraft manufacturer reported 142 firm orders and an additional 102 jets under provisional agreements. Airbus customers include Saudi lessor AviLease and LOT Polish Airlines, with 40 orders each. All Nippon Airways ordered 27 jets and Riyadh Air ordered 25 A350-1000 wide bodies. Starlux in Taiwan ordered 10 Airbus airliners and EgyptAir expanded an order from 10 to 16 jets. Boeing kept a low profile at the Paris Air Show, but recently got a Qatar Airways 210 airliner order during an official U.S. government diplomatic visit in the Middle East. Despite Airbus orders surging at the air show, both aircraft manufacturers are experiencing backlogged orders as they continue to face supply issues. Air Lease Corp CEO John Plueger told CNBC, "Both Airbus and Boeing are all sold out to 2031 and '32 anyway. So how many follow-on orders into the '33, '34, '35 time frame are you really going to see? ... But overall, the demand environment remains very robust." An Airbus order and delivery summary as of May 2025 shows total orders at 24,836. Boeing did not do aircraft fly-bys or major promotions at the Paris show. CEO Kelly Ortberg was to attend, but that plan was disrupted by the Air India Boeing Dreamliner crash, which claimed at least 280 lives, including 39 people on the ground.
Cision Canada
2 days ago
- Business
- Cision Canada
Reaction Dynamics Raises CAD $14M in Series A, Reaches CAD $38M in Total Funding Français
A patented propulsion technology positions Reaction Dynamics as a leader in dedicated orbital launch services, rapid replenishment, and reconstitution of satellite constellations. This funding accelerates the path to the company's first suborbital demonstration flight and the commercialization of its launcher, aimed at commercial and defense satellite markets. LE BOURGET, France, June 18, 2025 /CNW/ - Reaction Dynamics, a Canadian aerospace company based in Québec, announces the closing of its CAD $14 million Series A funding round. This round supports the next phase of development of its hybrid propulsion system, with a first suborbital demonstration flight planned for this winter. The announcement was made at the 2025 International Paris Air Show (SIAE) in Le Bourget. Reaction Dynamics is redefining access to space with a new generation of hybrid launchers. Its technology, designed for deployment from mobile launch infrastructure, offers unprecedented operational flexibility. This innovation serves the commercial sector by enabling fast and efficient replenishment and reconstitution of constellations. It also supports national security applications, including hypersonic platforms. Its hybrid propulsion system, combining solid fuel and liquid oxidizer, stands out for its simplicity, safety, and operational flexibility. The innovative rocket engine drastically simplifies the propulsion architecture, comprising only about a dozen parts compared to nearly 15,000 in traditional liquid-fueled engines. This type of fuel and oxidizer eliminates explosion risks, increasing safety during both ground and flight operations. Reaction Dynamics' Aurora-8 rocket targets the growing market of small satellites under 200 kilograms, offering affordable, rapid, and precise launches into targeted orbits. The company aims to serve both commercial and defense markets. Since its founding in 2017, Reaction Dynamics has successfully completed all major validation milestones of its now-patented technology, with full-system testing underway and a maiden flight expected this winter. This new investment adds to a CAD $10 million grant from the Government of Québec announced last week, as well as previous seed funding, tax credits, and other public support, bringing the total funds raised to date to CAD $38 million. This substantial injection marks a turning point in the company's growth, allowing it to accelerate operations and scale its launch solutions internationally, at a time when space sovereignty is emerging as a strategic national issue. Quote: "We have a clear growth trajectory, with engine testing underway to validate our hybrid propulsion system. A suborbital demonstration flight is scheduled for this winter – a key milestone to demonstrate our technology under real conditions, even though engine reliability is already proven. This funding round will move us closer to commercial deployment and solidify our role as a key player in the Quebec and Canadian space ecosystem," said Bachar Elzein, CEO and CTO of Reaction Dynamics. About Reaction Dynamics Reaction Dynamics is a Quebec-based aerospace company founded in 2017 and headquartered in Longueuil. It specializes in the design of hybrid rockets. With its patented technology that simplifies and secures space launches, Reaction Dynamics offers flexible, cost-effective solutions to quickly deploy small commercial and defense satellites into orbit. The company is contributing to building a dynamic space sector in Quebec while addressing the growing global demand for rapid, on-demand access to space.
Newsweek
2 days ago
- Politics
- Newsweek
Full List of U.S. Military Deployments That Point to War With Iran
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Scrutiny is mounting over a potential U.S. role in the Israel-Iran conflict. After denying involvement in Israel's first strikes on strategic sites across Iran, the U.S. has adopted a tougher tone towards Tehran and has bolstered military deployment in the Middle East. Commenting on the deployments, U.S. Secretary of Defense Pete Hegseth said they aimed to enhancing the United States defensive postures in the region. Below is a full list that Newsweek has been able to assemble of U.S. naval and aerial military assets in or heading to the region, according to officials, multiple open-intelligence analysts, tracking data, media and defense outlets. A US Air Force Lockheed Martin F-35 fighter jet performs during an exhibition flight as part of the 55th edition of the International Paris Air Show at the ParisLe Bourget Airport, in Le Bourget, suburb... A US Air Force Lockheed Martin F-35 fighter jet performs during an exhibition flight as part of the 55th edition of the International Paris Air Show at the ParisLe Bourget Airport, in Le Bourget, suburb of Paris on June 16, 2025. More ALAIN JOCARD/AFP/Getty Images Fighter Aircraft The U.S. military is increasing its air power in the Middle East with the deployment of more F-16s, F-22s and F-35 fighter jets and extending current warplane missions, three U.S. officials told Reuters. The F-16 Fighting Falcon is a highly adaptable fighter aircraft used extensively by the United States and its allies. The F-22 Raptor and F-35 Lightning II represent a newer generation of stealth combat aircraft developed for complex operational needs. Tanker Aircraft U.S. aerial refueling aircraft are on their way to the Middle East as the war between Israel and Iran escalates, according to flight data tracking sources. These would be needed for any sustained operations over Iran. This includes KC-135R Stratotankers, the U.S. Air Force's primary aerial refueling aircraft. It also includes KC-46A Pegasus tankers, the next-generation aerial refueling tanker. U.S. officials said the tankers may join a NATO exercise in Europe. The State Department told diplomats to assure hosts the tankers are not backing Israeli air operations in Iran. Bombers at Diego Garcia The United States has been building up its bomber force at the Indian Ocean island base of Diego Garcia. These could be used in any strikes on Iran's nuclear sites with bunker buster munitions that Israel does not possess. This image captured by the European Space Agency's Sentinel-2 satellites on June 9 shows military aircraft at the Diego Garcia base. This image captured by the European Space Agency's Sentinel-2 satellites on June 9 shows military aircraft at the Diego Garcia base. Copernicus/Sentinel Hub Satellite images analysed by Newsweek have shown increasing deployments in recent weeks. B-2 Spirit stealth bombers can carry both conventional and nuclear weapons, including bunker-busting bombs designed to target deep underground facilities. B-52H Stratofortress Bombers, known for their long-range strike capabilities. Warfare Support Vessels U.S. Navy vessels have departed the key Manama port in Bahrain, according to satellite imagery, currently underway in the U.S. Central Command area of operations. Vessels in the region include littoral combat ships, fast, agile, and networked surface vessels designed for operations close to shore and mine countermeasure vessels, to neutralize mines using advanced sonar systems. There is also the M/V Ocean Trader, a special operations mothership supporting U.S. forces. Carrier Groups Aircraft carrier strike groups provide mobile firepower when required in their own right and support of other operational units. One carrier group is currently in the Middle East and another is on the way. The USS Carl Vinson carrier strike group has recently been operating in the Arabian Sea with an air wing consisting of F-35C Lightning IIs, F/A-18E/F Super Hornets, EA-18G Growlers, E-2D Advanced Hawkeyes, CMV-22 Ospreys and MH-60R/S Sea Hawks. It took part in weeks of air strikes against the Yemeni-based Houthis, an Iranian-backed militia, before a ceasefire was reached early last month. The USS Nimitz carrier group is now in transit from the Western Pacific toward the Middle East and was recently in Southeast Asia. Its airwing includes F/A-18C/E/F Super Hornets, EA-18G Growlers, E-2D Hawkeyes, C-2A Greyhounds and MH-60R/S Sea Hawks. Missile Defenses Patriot missile defense units were moved in April by the U.S. military from the Pacific region to the Middle East. The full battalion of air‑defense gear—flew in 73 C‑17 cargo plane trips. The Patriot system is widely regarded as a leading ground-based air defense platform, known for its ability to intercept advanced threats, including certain types of hypersonic missiles. "Doomsday Plane" The U.S. Air Force "Doomsday Plane," a wartime command and control aircraft for the president, flew over the United States on Tuesday and remained trackable throughout, per Flightradar24 data. The move signals a show of force rather than direct operation in the Middle East. The E-4B "Nightwatch," a militarized Boeing 747, serves as the National Airborne Operations Center and key command link for the President, Defense Secretary, and Joint Chiefs. In a national emergency or loss of ground command, it ensures survivable control to direct forces, execute war orders, and coordinate civil response. It was used during the September 11, 2001 attacks.
Yahoo
2 days ago
- Business
- Yahoo
Reaction Dynamics Raises CAD $14M in Series A, Reaches CAD $38M in Total Funding
A patented propulsion technology positions Reaction Dynamics as a leader in dedicated orbital launch services, rapid replenishment, and reconstitution of satellite constellations. This funding accelerates the path to the company's first suborbital demonstration flight and the commercialization of its launcher, aimed at commercial and defense satellite markets. LE BOURGET, France, June 18, 2025 /CNW/ - Reaction Dynamics, a Canadian aerospace company based in Québec, announces the closing of its CAD $14 million Series A funding round. This round supports the next phase of development of its hybrid propulsion system, with a first suborbital demonstration flight planned for this winter. The announcement was made at the 2025 International Paris Air Show (SIAE) in Le Bourget. Reaction Dynamics is redefining access to space with a new generation of hybrid launchers. Its technology, designed for deployment from mobile launch infrastructure, offers unprecedented operational flexibility. This innovation serves the commercial sector by enabling fast and efficient replenishment and reconstitution of constellations. It also supports national security applications, including hypersonic platforms. Its hybrid propulsion system, combining solid fuel and liquid oxidizer, stands out for its simplicity, safety, and operational flexibility. The innovative rocket engine drastically simplifies the propulsion architecture, comprising only about a dozen parts compared to nearly 15,000 in traditional liquid-fueled engines. This type of fuel and oxidizer eliminates explosion risks, increasing safety during both ground and flight operations. Reaction Dynamics' Aurora-8 rocket targets the growing market of small satellites under 200 kilograms, offering affordable, rapid, and precise launches into targeted orbits. The company aims to serve both commercial and defense markets. Since its founding in 2017, Reaction Dynamics has successfully completed all major validation milestones of its now-patented technology, with full-system testing underway and a maiden flight expected this winter. This new investment adds to a CAD $10 million grant from the Government of Québec announced last week, as well as previous seed funding, tax credits, and other public support, bringing the total funds raised to date to CAD $38 million. This substantial injection marks a turning point in the company's growth, allowing it to accelerate operations and scale its launch solutions internationally, at a time when space sovereignty is emerging as a strategic national issue. Quote: "We have a clear growth trajectory, with engine testing underway to validate our hybrid propulsion system. A suborbital demonstration flight is scheduled for this winter – a key milestone to demonstrate our technology under real conditions, even though engine reliability is already proven. This funding round will move us closer to commercial deployment and solidify our role as a key player in the Quebec and Canadian space ecosystem," said Bachar Elzein, CEO and CTO of Reaction Dynamics. About Reaction Dynamics Reaction Dynamics is a Quebec-based aerospace company founded in 2017 and headquartered in Longueuil. It specializes in the design of hybrid rockets. With its patented technology that simplifies and secures space launches, Reaction Dynamics offers flexible, cost-effective solutions to quickly deploy small commercial and defense satellites into orbit. The company is contributing to building a dynamic space sector in Quebec while addressing the growing global demand for rapid, on-demand access to space. SOURCE Reaction Dynamics Lab Inc. View original content:
The Star
2 days ago
- Business
- The Star
Malaysian leaders attend International Paris Air Show, highlight aerospace initiatives
PETALING JAYA: Malaysian representatives were all smiles at the International Paris Air Show (IPAS) 2025, currently being held in Le Bourget, France, from June 16 until 22. Local leaders seen at the largest air show and aerospace-industry exhibition event in the world include Transport Minister Anthony Loke, Datuk Seri Mohamed Khaled bin Nordin, and Selangor Mentri Besar Datuk Seri Amirudin Shari. Amirudin even posted a video on his social media account of the opening ceremony of the Malaysia Pavilion at IPAS 2025. IPAS is held in odd years at Paris–Le Bourget Airport in France and is organised by the French aerospace industry's primary representative body, the Groupement des industries françaises aéronautiques et spatiales (GIFAS). He also shared the launching of Selangor Aero Park (SAP) at IPAS. On his website, he said it was a historic moment for Selangor and the National Aerospace Industry Coordinating Office (Naico), strengthening their joint commitment to developing the aerospace industry workforce through Selangor Aero Park (SAP) @ KLIA Aeropolis. "Our vision for Selangor Aero Park places human capital at the heart of our growth strategy, with initiatives focused on training, research, and future skills development to ensure we build a strong, resilient, and future-ready aerospace workforce. "From the proposed establishment of the Aerospace Talent Centre to national collaboration through MyAERO, this initiative is another bold step towards establishing Selangor as a regional aerospace capital. "Selangor is not only investing in infrastructure, but also in the young talent who will lead the future innovation of the aerospace industry in Malaysia," he said. Located within the KLIA Aeropolis, Malaysia's 100 square kilometre major airport city, SAP offers the potential for growth in aviation, logistics, and high-tech industrial development.
