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 […]
Elroy Air has announced that it has been awarded a USD46 million, multi-year contract with the U.S. Army for the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular […]
The Civil Aviation Authority of Sri Lanka (CAASL) in a Linkedin post reports it has adopted the proposals presented by EHANG EHang Intelligent under its Global Fast-Track Programme, aimed at establishing the first electric Vertical […]
The US Federal Aviation Administration (FAA) has today announced that Electra and the Pennsylvania Department of Transportation in partnership with New Jersey Department of Transportation have conducted the first hybrid-electric demonstration flights to test routes […]
SkyDrive today announced the signing of a Letter of Intent (LOI) with Gold Coast Helitours, a helicopter operator based in the Gold Coast, Australia. “This milestone agreement represents SkyDrive’s first LOI with an Australian operator […]
Eve Air Mobility and RV Connex, a Thai engineering and aerospace company, are signing a Memorandum of Understanding (MOU) to work together on regulatory development that will help shape Thailand’s advanced air mobility (AAM) industry, […]
KNETCO and Skyports Infrastructure (Skyports) have signed a Strategic Memorandum of Understanding (MoU) to work together on the development of advanced air mobility (AAM) infrastructure and support the growth of the emerging AAM ecosystem in […]
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