New city projects

China’s Guangzhou “to invest USD1.47 billion in low-altitude economy”

Guangdong’s South news service reports “Guangzhou, the capital of Guangdong Province, (has) announced the launch of a 20 billion yuan (USD1.4 billion) aerospace industry investment fund on May 13, during a low-altitude economy investment promotion event held in the […]

Air taxis and personal transports

Archer announces 2026 Q1 results – “USD1.7 billion in cash and eIPP flights this year”

Archer Aviation has announced operating and financial results for the first quarter ended March 31, 2026. The Company issued a shareholder letter from founder and CEO, Adam Goldstein, discussing highlights from the quarter. “We ended […]