Joby Aviation and Virgin Atlantic have signed a binding, multi-year agreement to develop electric air taxi services in the UK, transforming the partnership first announced in 2025 into a formal commercial framework.
The UK Government and Space Florida signed an Memorandum of Understanding at Farnborough International Airshow, aimed at helping space companies and researchers turn innovative ideas into commercial reality and unlocking US market opportunities for British interests.
A new £20 million investment will help UK small-and-medium sized enterprises (SMEs) develop a hypersonic ‘clay pigeon’ target, whilst a new SME Action Plan aims to remove barriers for British SMEs and open up defence supply chains.