Bombardier intends to raise C$638.4m ($495.28m) through a public offering of 168 million Class B shares.

Priced at C$3.8 ($2.94) a share, the issue will grant underwriters the option to buy up to 25.2 million Class B shares within 30 days upon closure of the offering.

The proceeds from the issue will be used to fund the company’s working capital requirements and general corporate purposes.

Government of Queensland is working with Boeing towards the development of drones and other autonomous systems.

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Boeing will build a new facility in Queensland for the development of autonomous systems.

“Airservices Australia has signed a strategic agreement with Immarstat to carry out satellite voice communications evaluations for existing air traffic services in Australia.”

The facility will develop the independent operation of air and sea vehicles over a period of three years.

The collaboration is expected to create 131 new jobs and will help small and medium aerospace companies.

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ATR Group and Quickstep Holdings have entered a partnership agreement to develop composite parts and complex components used in the aerospace and automotive industries.

The agreement forms part of Quickstep’s three-tier approach. It covers the delivery of existing contracts, identifying possible contracts across industries using Qure and the Quickstep Production System (QPS), and securing contract opportunities.

The collaboration will also work towards the commercialisation of QPS.

Airservices Australia has signed a strategic agreement with Immarstat to carry out satellite voice (SatVoice) communications evaluations for existing air traffic services in Australia.

The traffic services covered by very high-frequency (VHF) voice services will be excluded from evaluation.

The partnership will assist airlines in upgrading their traditional communication devices with sophisticated equipment, which will improve effective communication and enhance aviation safety across the oceans and remote locations.

The evaluations are intended to facilitate direct controller-to-pilot communications (DCPC).