Air taxis and personal transports

Lilium announces USD114 million financing round – including private and public commitments

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 […]

Vertiports

Libra Group’s Aria Hotels “to build four vertiports in Greece to support BETA ALIA eVTOL services”

Greek news website Capital GR reports that Libra Group, through its subsidiary company Aria Hotels, plans to build and operate four vertiports in Greece, which will support electric vertical take-off and landing (eVTOL) aircraft. “The […]

Business Partnerships

AURA AERO, Airbus Protect partner on the ERA 19-seater hybrid-electric aircraft programme

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 […]

Air taxis and personal transports

Archer reports the FAA has issued final airworthiness criteria for its Midnight eVTOL

Archer Aviation reports that the US Federal Aviation Administration (FAA) has issued for public inspection the final airworthiness criteria for Archer’s Midnight aircraft. “This significant regulatory milestone provides the solidified path for Archer to achieve […]