News and issues regarding all manner of civil and military rotorcraft and their powerplants, including helicopters, tilt rotors and unmanned air vehicles.
Company “expects day-to-day operations to continue without interruption” and has “sufficient liquidity” to “maintain its continuing business operations."
The ground run of the third prototype follows the resumption of test activities with the first prototype, AC1, on April 15.
Name change is a nod to the 15th and 16th Century Italian artist and inventor Leonardo da Vinci, credited with devising first concept for helicopter.
Norwegian investigators rule out “human error on board."
Present bird protection regulations apply only to transport category rotiorcraft and have not been updated since being adopted in 1966.
Target applications include passenger transport such as in oil-and-gas operations, as well as search and rescue.
HeliTrak is in the final stages of certifying its Collective Pull Down system and autopilot for the Robinson R22.
Two more test vehicles are scheduled to join the program this year—FTV4 in August and FTV5 in September.
Received $10,000 fine and five year's probation on felony conflict-of-interest charges and for making false statements to federal investigators.
The island nation is evaluating new medium lift helicopters, and also planning to replace some older CH-47 Chinooks.