Airbus, BMW and Michelin are among 11 companies set to receive millions in public subsidy to develop low-carbon hydrogen technology after European Union (EU) competition officials approved a “whopping package of state aid for an […]
Maintenance tooling company Dedienne Aerospace has announced a new licence agreement with Lilium which the company says “marks a significant advancement in the aerospace industry, focusing on innovation, sustainability, and operational performance.” “Together with Lilium, […]
Lilium has announced a USD114 million financing round, including the pricing of a USD40 million underwritten public offering as well as a concurrent USD50 million private placement. “Financing sees meaningful participation from existing shareholders and […]
Lilium, UrbanV, the Italian vertiport network operator, and Aéroports de la Côte d’Azur (ACA), managing Nice Côte d’Azur airport, the second largest airport place in France, along with the airports of Cannes Mandelieu and Golfe […]
AURA AERO and Airbus Protect have signed a cooperation agreement in view of the certification of ERA, AURA AERO’s regional transport 19-seater hybrid-electric aircraft. Both companies say they will share their respective expertise and collaborate […]
Vertical Aerospace today announces its financial results for the first quarter ended March 31, 2024. Stuart Simpson, CEO at Vertical, said “We are within touching distance of kicking off the robust piloted flight test programme […]
Guangdong Province has released its action plan to promote development of the low-altitude economy (2024-2026), according to eVTOL manufacturer EHang. “The plan provides comprehensive support in policy, airspace management, vertiport layout, low-altitude communication & navigation, […]
Electro.Aero recently released its latest charger to meet the growing demand for aviation charging solutions. According to the company many different types of electric aircraft are currently flying and undergoing certification and these aircraft need […]
Boeing has announced plans to invest in several Québec-based enterprises, including Wisk’s Montreal-based engineering centre focused on the development of its autonomous, electric, 4-passenger eVTOL air taxi. “The investments are part of Boeing’s Industrial and […]
The Utah Department of Transportation (UDOT), in collaboration with Utah State University (USU), has successfully launched the state’s first air taxi from a vertiport using a Bell 505 Helicopter. UDOT says the demonstration showcased how […]
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