Deals this week: Tronrud Engineering, Korea Aerospace Industries, Avmax


Norwegian company Tronrud Engineering has placed an order with Marenco Swisshelicopter for one SKYe SH09 single-engine utility helicopter.

The helicopter will be used by Tronrud Engineering for utility and logistics operations in support of the Eggemoen Aviation and Technology Park.

Korea Aerospace Industries has raised $88.85m through the issuance of corporate bonds maturing in May 2020.

Headquartered in South Korea, Korea Aerospace Industries is engaged in the manufacturing and distribution of aircraft and airframe components.

Avmax Group has acquired one Boeing B737-3YO QC cargo aircraft from European Aviation and three Bombardier CRJ-900LR regional jets from Canadian Suncor Energy Oil Sands Limited Partnership.

Based in Canada, Avmax is involved in providing aviation products and services.

"The funding will be used by Gilmour Space Technologies to develop low-cost launch vehicles."

Australian space solutions provider Gilmour Space Technologies has received $3.72m in a Series A funding round led by Australian venture capital firm Blackbird Ventures.

The funding will be used by Gilmour Space Technologies to develop low-cost launch vehicles.

The Boeing Company has been selected by the US Defense Advanced Research Projects Agency to design and construct a technology demonstration vehicle for the Experimental Spaceplane (XS-1) programme.

The XS-1 initiative aims to develop a hypersonic aircraft to enhance the national security by providing low-cost access to space.

The XS-1 technology demonstrator will be powered by an Aerojet Rocketdyne AR-22 engine.


Image: Artist's rendering of Experimental Spaceplane demonstrator. Photo: courtesy of Boeing.