Air taxis and personal transports

CAEFTA approves financing grant for Archer’s electric powertrain manufacturing facility

Archer Aviation announced today that on Tuesday, July 16, 2024 it received approval from California’s Alternative Energy And Advanced Transportation Financing Authority (CAEATFA) for its USD117 million project covering the planned expansion of its advanced manufacturing facilities […]

Air taxis and personal transports

Fly Now “to provide thousands of personal eVTOLs to Saudi Arabia for the Riyadh International Expo”

Fly Now, a personal eVTOL manufacturer based in Salzburg, Austria, is set to provide thousands of electric helicopter aircraft to Saudi Arabia by 2030 to enhance mobility and sustainability during the International Expo in Riyadh, […]

Government investment

North Carolina general aviation airfields receive federal grant to progress AAM programmes

The North Carolina Department of Transportation’s Division of Aviation announced Monday the state has received a USD500,000 Appalachian Regional Initiative for Stronger Economies grant to research ways to progress advanced air mobility projects in western North Carolina. […]

Fixed wing low/zero emissions

European Investment Council approved EUR17.5 million finance deal with AURA Aero

The European Innovation Council and SMEs Executive Agency (EISMEA) has approved an EUR17.5 million investment to accelerate the entry into service of AURA AERO’s regional hybrid-electric aircraft ERA, “aimed at being the first European low-carbon […]