Wed, May 10, 2023
The unsecured creditors of Sir Richard Charles Nicholas Branson’s imperiled Virgin Orbit have prevailed upon a Delaware bankruptcy judge to reject the satellite launch concern’s request to access nearly $32-million in Chapter 11 financing, contending Virgin Orbit’s parent company's arranged both the bankruptcy case and the post-filing loan for its own benefit.
DJI introduced its Agras T20P agricultural drone to the Americas at Brazil’s Agrishow, an agricultural technology trade show that ranks among the world’s largest such events. The instance occasioned the platform’s first showing outside of Asia. Joby Aviation announced that it had signed a long-term agreement with Toyota Motor Corporation by which the latter entity will supply key powertrain and actuation components essential to the production of Joby’s eVTOL production model. All this -- and MORE in today's episode of Airborne-NextGen!!!
Airborne-NextGen 05.02.23 is chock full of info in this Weekly News Episode, Tuesday, May 2nd, 2023... Presented by Aero-TV veteran videographer and Airborne Hosts Holland Lee, Sophie Hurlock, Brianne Cross, Christopher Odom, and Laura Hutson, and is supported by ANN CEO/Editor-In-Chief Jim Campbell, and Chief Videographer Nathan Cremisino, this episode covers:
- Virgin Orbit Creditors Cry Foul
- DJI UAS Offering Purports to Benefit Farmers in the Americas
- Joby and Toyota Enter Into Supply Agreement
- Reliable Robotics and NASA Complete Unique Flight Tests
- GAMA Welcomes Seven New Members
- Army National Guard to Receive GE-25M Drones
- Red Cat Launches Teal 2 UAS at AAAA Summit
Get Comprehensive, Real-Time, 24/7 coverage of the latest aviation and aerospace stories anytime, at aero-news.net. And be sure to join us again next week for the next edition of "Airborne-NextGen" here on Aero-TV. Thanks for watching. See you, again, next week!
@2023 Aero-News Network, Inc., ALL Rights Reserved.
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