Multiple Chinese media reports say Volant Aerotech, manufacturer of the VE25 eVTOL has secured USD100 million in a Series A++++ financing round. “The fundraiser was led by Beijing Robot Industry Development Investment Fund, Shanghai-based Volant […]
Lilium has completed the first phase of integration testing of the Lilium Jet’s electrical power system at the company’s purpose-built laboratory, according to the company in a press statement. “The test completion represents a key […]
Lilium “is apparently considering a sale to foreign investors and a relocation abroad,” according to the German news publication Handelsblatt. “According to information from Handelsblatt, the management team around CEO Klaus Roewe commissioned consultants in […]
Air Chateau DWC, a Dubai-based helicopter and vertiport operator, Regional Airports Company Limited (RACL), a state owned company of the Republic of Maldives, and Wings Capital Management of Abu Dhabi, UAE, have signed the Memorandum […]
ZeroAvia has announced that it has been awarded USD4.2 million in US federal funding through the Federal Aviation Administration’s (FAA) Fueling Aviation’s Sustainable Transition discretionary grant program for Low-Emission Aviation Technology (FAST Tech). The grant will […]
Skyports Infrastructure has today unveiled designs for “the UK’s first permanent vertiport testbed for the electric air taxi industry, alongside partners Bicester Motion, the 444-acre future mobility estate in Bicester, Oxfordshire, and Vertical Aerospace,” according […]
The Advanced Air Mobility Institute has announced a strategic partnership with Flyv Bird, a provider of on-demand regional air travel services founded by Tomislav Lang and Anton Lutz. “This collaboration aims to redefine regional air […]
XTI Aerospace has announced a business update and the filing of its quarterly report on Form 10-Q for the quarter ended June 30, 2024. “We continue to advance the development of the TriFan 600, a […]
The full-scale prototype of ASKA™ A5, roadworthy electric-hybrid vertical takeoff and landing aircraft, has progressed through a series of successful tethered unmanned flight tests, according to a Linkedin post from company Co-founder, chair/COO Maki Kaplinsky. “The […]
Archer Aviation announced today it has delivered its first Midnight aircraft to the USAF to evaluate as part of its AFWERX Agility Prime contract valued at up to USD142 million*. “The delivery comes after the […]
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