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Archive by category Automotive & Aerospace

LeddarTech to Demonstrate Advanced ADAS Sensor Fusion and Perception Solutions at Auto Shanghai 2025

QUEBEC CITY, Canada, April 01, 2025 (Korea Bizwire) – LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-powered low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, announces its participation at Auto Shanghai 2025, taking place from April 23 to May 2, 2025. LeddarTech will be exhibiting at Booth # 1BG040 in Hall [...]

L3Harris’ Commercial Aviation Solutions (CAS) Business, now known as Acron Aviation

ST. PETERSBURG, Fla., March 31, 2025 (Korea Bizwire) – Today, L3Harris Commercial Aviation Solutions (CAS) will be known as Acron Aviation to reflect its new brand following the acquisition of the business by TJC LP. The new name is adapted from the Greek word άkron which means peak, or highest point and aptly symbolizes the ambition and [...]

VistaJet Welcomes New Brand Ambassador, Gary Player, and Brings Iconic Vista House to Augusta, Georgia

Augusta, Georgia, March 31, 2025: Vista, the world’s first and only global private aviation group, is thrilled to announce legendary golfer Gary Player as the newest VistaJet Brand Ambassador and Member. Widely regarded as one of the greatest golfers of all time, Player’s remarkable career and enduring commitment to exceptional performance both on and off the course make him a [...]

Bombardier Defense Announces Order of Two Challenger 650 Aircraft Destined for Intelligence, Surveillance and Reconnaissance missions in Australia

Principle Finance, a renowned provider of customised operating lease for aircraft in Australia, placed an order for 2 Challenger 650 aircraft. Purchase was confirmed during a signing ceremony at the opening of the Avalon Australian International Airshow in Australia. Through this agreement, Bombardier Defense continues to expand its presence in Australia and the Asia-Pacific region. AVALON, Australia, [...]

Arteris Selected by Nextchip to Accelerate Chip Designs for Automotive Vision Technology

Arteris’ FlexNoC network-on-chip (NoC) interconnect IP with the Functional Safety option provides Nextchip with optimal flexibility and superior performance to advance automotive technology including vision-based sensing edge to central architecture for ADAS CAMPBELL, Calif., March 18, 2025 (Korea Bizwire) – Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, [...]

RRJ Joins Vista With $600m Equity Investment

RRJ Capital leads global consortium of esteemed backers Vista, the world’s leading global private aviation group, has signed a definitive agreement for an equity investment of $600 million from a consortium of investors led by RRJ Capital, a leading Asian investment firm. This investment marks another significant milestone in Vista’s historic growth journey and validates [...]

Ford Trucks and IVECO sign Joint Development Agreement for new heavy-duty truck cabin

Turin, Italy / Istanbul, Türkiye, 11th March 2025. Ford Trucks, the heavy commercial brand of Ford Otosan, and IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, today announce the signing of a binding Joint Development Agreement (JDA) for the design and engineering of a [...]

Falcon Adds Embraer and Bombardier Private Jets to Its Fleet

DUBAI, United Arab Emirates, March 10, 2025 (Korea Bizwire) – Falcon has today unveiled that it will be adding Embraer Legacy 650 and Bombardier Challenger 850 private jets to its growing fleet. Mr. Sultan Rashit Abdulla Rashit Al Shene, Founder & Chairman of Alex Group Investments, the parent company of Falcon, said: “We are topping up our [...]

Bombardier Honored with Aviation Week Network Laureate Award for Environmental Stewardship

Bombardier’s precedent-setting initiative to publish Environmental Product Declarations commended at the 2025 Aviation Week Network’s Laureate Awards The company is the only business jet manufacturer in the world to publicly disclose the environmental footprint of its entire in-production aircraft portfolio over their full life cycle MONTREAL, March 07, 2025 (Korea Bizwire) – Bombardier is proud [...]

Falcon Plans to Invest USD 100 Million to Upgrade Its Facilities at Al Maktoum International Airport in Dubai

DUBAI, United Arab Emirates, March 03, 2025 (Korea Bizwire) – Falcon’s 13,705 sq.m. aircraft maintenance, repair and overhaul facility (MRO), located at the Mohammed Bin Rashid Aerospace Hub in Dubai, is equipped with cutting-edge technology designed to service a wide range of aircraft, including models as large as the Airbus A380. In 2024, the General [...]