Government investment

US Air Force awards USD37 million to Piasecki to develop VTOL and hydrogen transport concepts

Piasecki Aircraft Corporation, a global producer of rotorcraft and aerial vehicles, has announced that it has been awarded a USD37 million multi-year contract by AFWERX, the Air Force’s innovation arm in conjunction with the Air […]

Air taxis and personal transports

AIBOT receives USD15 million CalCompetes grant, boosting eVTOL industry and job creation in California

AIBOT, a California-based company developing an AI-defined electric vertical take-off and landing (aiEVTOL) aircraft and ecosystem, announced its recent award of a USD15 million grant from the California Competes Grant Program. This significant endorsement by […]

Air taxis and personal transports

Ascendance and Amedeo seal a strategic partnership agreement to “speed the decarbonisation of global aviation”

Ascendance, manufacturer of hybrid-electric vertical takeoff and landing (eVTOL) airplanes and solutions to decarbonise flying, has teamed with Amedeo (Amedeo Capital Limited), a privately owned global Aircraft Lessor and Asset Manager, to accelerate the development […]

Business Partnerships

Urban-Air Port partners with Micro Nav to simulate real-time AirOne vertiport operations

Today, Urban-Air Port® (UAP) released details of its collaboration with Micro Nav, global operators in simulation of air traffic management and airspace operations. This partnership the company says will allow UAP to precisely demonstrate the […]

UAM infrastructure

South Korea to invest USD22.4 million to build future aviation technology centre for drones and flying taxis

South Korea will invest USD22.4 million to build a future aviation centre in the eastern city of Wonju for the development, demonstration, and technology evaluation of future aviation technologies according to the Aju Korea Daily […]

Air taxis and personal transports

KEPCO and Vertical Aerospace sign MOU for joint development of eVTOL charging facilities

The Kansai Electric Power Company (KEPCO) and Vertical Aerospace Group have signed a Memorandum Of Understanding (MOU) to cooperate on the Advanced Air Mobility (AAM) opportunity, and will establish a joint working group to study, […]