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Doncasters secures significant investment Positions company to invest in new equipment and technologies to support customers in their recovery ramp, post COVID-19. Doncasters, a manufacturer of high-precision alloy components and superalloys, primarily for the aerospace, energy, and automotive sectors, announced a recent growth capital raise from its existing shareholders. The secured funding is the first step in a $136 million plus, multi-year, capital investment program as the group pursues long-term growth opportunities across its 11 manufacturing facilities in the U.K., U.S., and Germany...

Air Force funds adapting auto radar for autonomous aircraft Metawave awarded U.S. Air Force prime contract to participate in Agility Prime, an initiative to advance the capabilities of electric vertical take-off and landing aircraft. Palo Alto, California-based Metawave Corp. has been awarded a prime, phase one contract by the United States Air Force (USAF) to provide a high-precision, all-weather sensing solution for electric vertical take-off and landing ( eVTOL) aircraft. The initial Metawave study outlined by the contract will identify modifications needed for the company's existing Spek...