Embraer has announced its plan to invest approximately USD390 million and hire 900 additional employees in the current year, including research and development activities for new technologies, such as those that will be used in […]
By Philip Butterworth-Hayes The arithmetic is simple. It takes around USD 1.3 billion to certify an eVTOL for commercial operations, give or take a few million. This is on top of the payroll, development, manufacturing, […]
Archer Aviation has announced the signing of a framework agreement in Abu Dhabi today at the DRIFTx mobility event. This agreement covers multi-hundred-million dollar investments to accelerate Archer’s planned commercial air taxi operations in the […]
Japan’s Terra Drone Corporation has announced the launch of joint development with its Group companies Unifly NV and Aloft Technologies Inc to develop UAS traffic management (UTM) solutions for advanced air mobility (AAM) applications, targeting […]
The Vertical Flight Society (VFS) announced today that the number of electric vertical takeoff and landing (eVTOL) aircraft concepts being tracked in its World eVTOL Aircraft Directory has now reached 1,000 concepts from more than […]
In the United States, WSP has been working with Michigan to advance a communications framework for the state’s emerging AAM ecosystem. According to WSP Vice President of Aerial Innovation Paul Wheeler, in an interview on […]
Earlier this month the US Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E), the City of San Antonio Aviation Department and City Public Service Board (CPS Energy), and the University of Texas at San Antonio (UTSA) signed […]
California-based electric aircraft manufacturer Ampaire Inc has announced the acquisition of Magpie Aviation Inc., a developer of electric aviation technologies. “With this acquisition, Ampaire anticipates further revenue growth across both commercial and defense sectors while […]
BRM Aero, a manufacturer of two-seater training aircraft, and H55, a provider of electric propulsion systems, have announced the commercialization of the B23 Energic aircraft with the opening of the order book. “The B23 Energic […]
HyLight, a French company specialised in aerial inspection using hydrogen airship drones, has announced a fundraising of EUR 3.7 million from VCs and business angels including Y Combinator, Ring Capital, Kima Ventures, Collaborative Fund, and […]
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