Terra Drone Corporation has signed a Memorandum of Understanding (MoU) with Mitsui & Co., Ltd. to explore the establishment of a joint venture company in the United States. Under this MoU, the two companies will […]
Horizon Aircraft has achieved full wing transition of its large-scale prototype aircraft. “Today we join a very small group of companies worldwide that have achieved this critical technical milestone,” said Brandon Robinson, CEO and co-founder […]
Archer has been selected as the official air taxi provider of the Los Angeles 2028 Olympic and Paralympic Games (LA28) and Team USA. Through this exclusive partnership, the two will look to integrate Archer’s Midnight […]
Eve Air Mobility has reported its first quarter earnings results for 2025. Eve reported a net loss of USD 48.8 million in 1Q25 versus USD 25.3 million in 1Q24. The increase in net loss in […]
Joby Aviation announced today (May 12) that it has successfully flown two of its aircraft simultaneously for the first time. The two-aircraft flight in Marina, California on May 9, comes two weeks after the company […]
Allied Market Research (AMR) estimates that the aircraft battery market will reach USD 2012.3 million by 2033. This is up from USD 531.9 million in 2023, according to AMR’s report Aircraft Battery Market by Battery […]
AltoVolo has unveiled its launch aircraft, Sigma, a three-seater hybrid electric VTOL Designed to be 80 percent quieter than helicopters and with a 500-mile range and cruise speed of 220mph, Sigma has a ballistic parachute […]
Diamond Aircraft is coordinating an Austrian Research Promotion Agency (FFG) funded project to advance understanding of gaseous hydrogen’s potential as a fuel source for hybrid powertrains in General Aviation. The H2EDT (Hydrogen-based Twin-engine Electrification and […]
Joby Aviation has successfully completed flights with a full transition from vertical to cruise flight, and back again, with a pilot onboard. Transitioning from vertical to horizontal flight is a key design attribute of the […]
Hanjin Group and LS Group have signed a memorandum of understanding to enhance cooperation across various industries including urban air mobility (UAM), the companies said on April 28. Hanjin is a logistics specialist and owner […]
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