Apr 21, 2023ACQUISITIONUnited Kingdom Britten-Norman and Cranfield Aerospace Solutions to merge
Britten-Norman and Cranfield Aerospace Solutions (CAeS) signed a Heads of Terms agreement to merge, creating a zero-emissions sub regional aircraft company. A consortium led by HydrogenOne Capital Growth Plc will invest up to £10 million in the new company.
Productszero-emissions sub regional aircrafthydrogen-electric fuel cell propulsion system
“This deal accelerates our roadmap for the introduction”britten-norman.com
- 5 sources
- britten-norman.comNew UK green aircraft business formed to accelerate transition to zero-emissions flight - Britten-NormanBritten-NormanApr 21, 2023
- ainonline.comBritten-Norman, Cranfield Aerospace Sign Merger Deal | Aviation International NewsGregory PolekApr 21, 2023
- revolution.aeroCranfield Aerospace and Britten-Norman to merge | Revolution.aeroYves Le MarquandApr 21, 2023
- pilotweb.aeroCranfield Aerospace Solutions and Britten-Norman to form new company - PilotCharlotte BaileyApr 27, 2023
- engineeringnews.co.za
Summarized from public sources; check the original articles before acting on it.
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