Hyundai Motor Group and Korea Aerospace Industries, Ltd. (KAI) have signed a Memorandum of Understanding (MoU) to develop future Advanced Air Mobility (AAM) solutions. The collaboration will focus on the joint development of an AAM […]
SkyDrive has announced the signing of a Letter of Intent (LOI) with Tohoku Air Service (TAS), a helicopter operator owned by Tohoku Electric Power Company, for the purchase of a SkyDrive Model SD-05 eVTOL. Under […]
Archer Aviation has announced operating and financial results for the first quarter ended March 31, 2026. The Company issued a shareholder letter from founder and CEO, Adam Goldstein, discussing highlights from the quarter. “We ended […]
The Canadian Advanced Air Mobility (CAAM) today reported that Unither Bioélectronique (UB) has completed the world’s first piloted hydrogen-electric helicopter circuit flight. “Conducted April 10, 2026, at Roland-Désourdy Airport in Bromont, Québec, with UB test […]
SkyDrive Inc has announced the formation of Japan’s first consortium for the commercial operation and joint usage of an eVTOL vertiport. “The new consortium, which brings together the Osaka prefectural government, Osaka municipal government, Osaka […]
Horizon Aircraft has announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of an aggregate of 9,254,889 Class A Ordinary Shares (“Common Shares”). The offering is expected […]
The United Arab Emirates (UAE) General Civil Aviation Authority (GCAA) has transitioned Archer’s Midnight aircraft into a Restricted Type Certificate (RTC) programme, advancing the regulatory path for the aircraft’s entry into service in the UAE, […]
Joby Aviation has issued its First Quarter 2026 Shareholder Letter detailing the company’s operational and financial results for the quarter ended March 31, 2026. Financial results include Joby reporting it had ended the first quarter of 2026 […]
Vertical Aerospace has provided its 2026 first quarter update. In terms of its financial position the company reports it has strengthened its balance sheet with a financing package of up to USD850 million, providing access […]
Eve reported a net loss of USD68.8 million in 1Q26 versus USD48.8 million in 1Q25. The higher net loss in 1Q26 was mainly due to increased Research & Development expenses, said the company. “These […]
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