With Saab facing significant headwinds in large western markets, recent news indicates that the company has set its sights on smaller prospective deals elsewhere in the world.
The company plans to issue 20.8 million shares, with an offering price to be posted on May 27, according to a financial filing with the Tokyo Stock Exchange.
Vertical Aerospace has announced the appointment of Stuart Simpson as new CEO, replacing founder Stephen Fitzpatrick, who will join the company’s board of directors.
The Royal Aeronautical Society has released a briefing paper that serves as a “pre-mortem approach” to eVTOL safety, attempting to anticipate challenges.