Boeing and CargoLifter have signed a contract to explore stratospheric airship concepts jointly. The contract is a major boost for the troubled German airship developer, which filed for insolvency in June and last month lost its CL75 prototype to storm damage. The contract covers the study of lighter-than-air stratospheric platforms, and should allow Boeing and CargoLifter to bid jointly as airship system suppliers for current and future communications and surveillance requirements. CargoLifter was saved in June from collapse by the injection of €4.1 million ($4 million) in preferred loans from Investition bank des Landes Brandenburg.

Source: Flight International