During its November 28 Capital Markets Day, in which the company set mid-term financial targets, Rolls-Royce Chief Executive Tufan Erginbilgic announced the company would be quitting the advanced air mobility electric engine business. “We are […]
Eve Air Mobility and flynas, the low-cost airline, today announced the signature of a Memorandum of Understanding (MoU) to explore the future of electric vertical take-off and landing (eVTOL) aircraft operations in Saudi Arabia. The […]
Volatus Infrastructure & Energy Solutions and UK-based eVTOL manufacturer LYTE Aviation have formed a partnership to fulfil the infrastructure requirements for all types of eVTOL technologies. VI&E Solutions says it will expand its refuelling options […]
Crisalion Mobility, a Spanish company in the design and development of advanced electric mobility solutions, has signed a Memorandum of Understanding (MOU) with global Advanced Air Mobility (AAM) insurance specialist Skyrisks, establishing a strategic partnership […]
Eve Air Mobility and Jeju Air, the South Korean low-cost airline, today announced the release of a new concept of operations (CONOPS) white paper for electric vertical take-off and landing (eVTOL) flights on Jeju Island. […]
Lilium announced today that it has received Design Organisation Approval from its primary regulatory authority, the European Union Aviation Safety Agency (“EASA”). The company says the award marks a major milestone for Lilium, positioning it […]
ZeroAvia today announced that it has completed its Series C funding round at a total of USD116m with the UK Infrastructure Bank joining the round as a cornerstone-level investor alongside co-leads Airbus, Barclays Sustainable Impact […]
Lilium and CITIC Offshore Helicopter Co., Ltd (COHC), a Chinese helicopter port pilotage provider — today announced the signing of a Memorandum of Understanding that will allow the two companies to strategically collaborate on the […]
AIBOT, a California-based company developing an AI-defined electric vertical take-off and landing (aiEVTOL) aircraft and ecosystem, announced its recent award of a USD15 million grant from the California Competes Grant Program. This significant endorsement by […]
EHang Holdings Limited has announced third quarter 2023 revenues of RMB28.6 million (USD3.9 million), “representing an increase of 247.9% from RMB8.2 million in the third quarter of 2022, and an increase of 186.0% from RMB10.0 […]
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