Page 66 - World Airnews Magazine May 2020 Edition
P. 66

NEWS DIGITAL


                                   SUMITOMO ACQUIRES STAKE IN

                                   ONESKY

                                                                                    By Brian Garrett-Glaser







                                              Working with
                                            Bell and Japan
         Japanese conglomerate Sumitomo     Airlines, Sumitomo
          Corporation has acquired a stake in OneSky   intends to build
          Systems, a developer of unmanned traffic   the infrastructure
          management (UTM) services and analytics,   and regulatory
                                            environment
          as part of its Series A fundraiser. Sumitomo   necessary for an
          recently partnered with Bell, developer of   aerial mobility
          the APT unmanned cargo drone and Nexus   network for cargo
          electric air taxi, along with Japan Airlines   and passenger
          to create an on-demand mobility network   drones - a mission
          in Japan.                         which will require
           OneSky was established by Analytical   UTM services like
          Graphics Inc. (AGI) in January 2018 to   those offered by
          apply its suite of software products to air   OneSky.
          navigation services, including airspace   In January, Bell
          management, real-time flight monitoring   announced it is
          and collision avoidance.          building AerOS, a
           In May 2019, the company announced it   software ‘operating
          had begun live flight testing using its UTM   system’ to manage
          platform in partnership with Northeast UAS   and optimize UAM
          Airspace Integration Research (NUAIR) and   vehicle operations,      as a developmental airspace simulation
          Griffiss International Airport in Rome, New   including fleet maintenance, passenger-fac-  partner for its initial Urban Air Mobility
          York.                             ing interactions and vehicle deconfliction   Grand Challenge event, also including Bell
           "We are very pleased to become   services.                          as a vehicle provider information exchange
          part-owner of OneSky Systems," Kevin   "In the journey to bring Advanced Air   partner.
          Hyuga, general manager of construction   Mobility to reality, Sumitomo offers a wide   OneSky did not disclose the total amount
          and transportation systems at Sumitomo   array of capabilities to the relationship with   raised in its Series A or other participating
          Corporation of Americas, said of the new   Bell spanning a breadth of infrastructure   investors besides Sumitomo.
          acquisition stake.                provisions and use case applications," a
           "Sumitomo has a longstanding history   representative for Bell told Avionics.  In March, Sumitomo also announced
          in transportation, including the aerospace   "AerOS is designed as a digital platform   investment in Origin Wireless, a developer
                                                                               of advanced wireless sensing technologies
          market. We see significant potential in   that is capable of integrating a diverse
          growing and scaling OneSky's capabilities   set of services that can include, but is not   that can leverage 5G connectivity. Q
          so that it can support the air mobility needs   limited to, UTM providers like OneSky."  Article courtesy: https://www.aviation-
          of the future."                     In March, NASA announced OneSky   today.com/


                  NEWS DIGITAL       BOEING TERMINATES AGREEMENT WITH

                                     EMBRAER


                                                               "Boeing has worked diligently over more than two years to
                                                              finalize its transaction with Embraer. Over the past several months,
         Boeing has announced that it has terminated its Master   we had productive but ultimately unsuccessful negotiations about
                                                              unsatisfied MTA conditions. We all aimed to resolve those by the
          Transaction Agreement (MTA) with Embraer, under which the   initial termination date, but it didn't happen," said Marc Allen,
          two companies sought to establish a new level of strategic   president of Embraer Partnership & Group Operations.
          partnership. The parties had planned to create a joint venture   "It is deeply disappointing. "
          comprising Embraer's commercial aviation business and a second   The planned partnership between Boeing and Embraer had
          joint venture to develop new markets for the C-390 Millennium   received unconditional approval from all necessary regulatory
          medium airlift and air mobility aircraft.           authorities, with the exception of the European Commission.
           Under the MTA, April 24, 2020, was the initial termination date,   Boeing and Embraer will maintain their existing Master Teaming
          subject to extension by either party if certain conditions were   Agreement, originally signed in 2012 and expanded in 2016, to
          met. Boeing exercised its rights to terminate after Embraer did not   jointly market and support the C-390 Millennium military aircraft.
          satisfy the necessary conditions.                   Q

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