India’s Pullinam Aerospace Technologies has signed a Binding Letter of Intent (LOI) with Skyworks Aviation International for 100 PAT-LSA01 aircraft, with a proposed transaction value of approximately ₹175–200 Crore (USD18 million to USD20 million). “The […]
Indian eVTOL develop Sarla has announced the signing of a Memorandum of Understanding with Hexcel Corporation for the supply of aerospace-grade composite materials. “For an eVTOL, structural weight is a primary design driver,” said the […]
In releasing its latest financial results and forecasts EHang is withdrawing its previously issued full-year revenue guidance for 2026 and is not providing replacement guidance for the moment. According to Huazhi Hu, Founder, Chairman and […]
SkyDrive today announced that it will move forward with evaluating initial operational routes for the introduction of eVTOL medical logistics services in India, in partnership with Air India and Suzuki. This is part of the […]
Archer Aviation and AEG, a sports and live entertainment company, today announced a collaboration to develop a downtown Los Angeles’ vertiport at LA LIVE, AEG’s four-million-square-foot sports and entertainment district in downtown Los Angeles. The […]
In an X post, Nikhil Goel, Chief Commercial Officer at Archer Aviation, has reported that Japan’s civil aviation authority, JCAB, “accepted our type certificate application to validate the Midnight aircraft based on FAA certification, a […]
Japan’s SkyDrive has raised new funding through a third-party share allotment to Resona Asset Management Co, a Japanese asset manager. This capital injection strengthens SkyDrive’s business foundation as it prepares for its planned commercial launch […]
NOEMI Aerospace has signed a Memorandum of Understanding (MoU) with SkyHop Aviation, India’s first dedicated commercial seaplane operator, to start with the introduction of up to 15 NOEMI amphibious aircraft into the Indian market. NOEMI’s […]
EHang today announced a strategic cooperation framework agreement of intent with China Construction Sixth Engineering Bureau to develop the Cross-Sea Low-Altitude Corridor Project in Lingao, Hainan to establish a closed‑loop low altitude economy ecosystem that […]
Ampaire, developer of hybrid-electric aviation propulsion systems, today announced the closing of a USD19 million Series B financing led by DiamondStream Partners. The financing brings Ampaire’s total funding to USD68 million, including approximately USD25 million […]
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