TianYi Research Institute has received $14.54m in a Series A funding round led by venture capital firm Matrix Partners China.
Based in China, the institute is involved in research and development of commercial aerospace systems.
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The funds will be used by TianYi Research Institute for scientific experiments, technical identification and product innovation activities.
Indonesia-based Lion Air Group has placed a $300m order with Rolls-Royce for Trent 700 engines to be installed onto three new Airbus A330 aircraft.
Under the deal, Rolls-Royce will also provide its TotalCare engine service that offers improved engine reliability and performance.
In-flight broadband connectivity services provider Gogo has entered a deal with Luxembourg-based satellite operator SES to enhance in-flight connectivity services using the AMC-4 satellite.
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By GlobalDataThe deal will require SES to relocate the AMC-4 spacecraft to a new orbital location to provide improved in-flight broadband services on routes over North America and the Pacific Ocean.
