Maintenance tooling company Dedienne Aerospace has announced a new licence agreement with Lilium which the company says “marks a significant advancement in the aerospace industry, focusing on innovation, sustainability, and operational performance.” “Together with Lilium, […]
Lilium has announced a USD114 million financing round, including the pricing of a USD40 million underwritten public offering as well as a concurrent USD50 million private placement. “Financing sees meaningful participation from existing shareholders and […]
Lilium, UrbanV, the Italian vertiport network operator, and Aéroports de la Côte d’Azur (ACA), managing Nice Côte d’Azur airport, the second largest airport place in France, along with the airports of Cannes Mandelieu and Golfe […]
Vertical Aerospace today announces its financial results for the first quarter ended March 31, 2024. Stuart Simpson, CEO at Vertical, said “We are within touching distance of kicking off the robust piloted flight test programme […]
Archer Aviation reports that the US Federal Aviation Administration (FAA) has issued for public inspection the final airworthiness criteria for Archer’s Midnight aircraft. “This significant regulatory milestone provides the solidified path for Archer to achieve […]
Guangdong Province has released its action plan to promote development of the low-altitude economy (2024-2026), according to eVTOL manufacturer EHang. “The plan provides comprehensive support in policy, airspace management, vertiport layout, low-altitude communication & navigation, […]
Boeing has announced plans to invest in several Québec-based enterprises, including Wisk’s Montreal-based engineering centre focused on the development of its autonomous, electric, 4-passenger eVTOL air taxi. “The investments are part of Boeing’s Industrial and […]
The Utah Department of Transportation (UDOT), in collaboration with Utah State University (USU), has successfully launched the state’s first air taxi from a vertiport using a Bell 505 Helicopter. UDOT says the demonstration showcased how […]
TCab Tech announced recently that it has raised an additional USD20 million in its Series A financing. The company says the exclusive investment comes from a strategic investment fund which plans to introduce the air-taxi […]
Eve Air Mobility and Saudia Technic, a MRO service provider in the Middle East, have announced today during the third edition of the Future Aviation Forum in Riyadh, Saudi Arabia, the signature of a Memorandum […]
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