Multiple media reports say that Hyundai Motor Group is reviewing its investment strategy for Supernal, its advanced air mobility (AAM) division. The review is part of a broader reassessment of future mobility investments due to […]
Joby Aviation has announced the expansion of its site in Marina, California, which will double its aircraft production capacity there, according to a company press release. The total site now spans approximately 435,500 square feet […]
ZeroAvia and Horizon Aircraft today announced plans to work together on developing regional hydrogen-electric VTOL air travel. The companies will cooperate on exploring ZeroAvia’s ZA600 hydrogen-electric powertrain for Horizon Aircraft’s Cavorite X7 eVTOL. According to a […]
In a Linkedin post XPENG AEROHT has announced the successful completion of its USD 250 million Series B financing. “With the completion of our manufacturing facility, we are accelerating the mass production of the ‘Land […]
EHang has announced the establishment of the Tsinghua University-Guangzhou EHang Intelligent Technology Co Ltd.Joint Institute for Low Altitude Aviation Technology (JILAAT) in collaboration with Tsinghua University. The JILAAT will be a research centre for scientific […]
Vertical Aerospace has announced the closing of its previously announced underwritten public offering for total gross proceeds of USD60 million, before deducting underwriting discounts and commissions and other offering expenses. “In the Offering, Vertical sold […]
Jetson has shared the initial results of its eVTOL mountain rescue operations trials in a Linkedin post. “Jetson was invited by the GOPR Górskie Ochotnicze Pogotowie Ratunkowe Polish Mountain Rescue Team to test two of […]
Samson Sky has announced plans for a pilot training programme for Switchblade Flying Car customers. “Samson has had extensive marketing surveys done of the regional traveller market in particular – people who take trips of […]
VoltAero has signed a Letter of Intent (LOI) with SEDC Energy (SEDCE) of Malaysia and France’s ACI Groupe, as part of a plan to establish a regional hybrid-electric aircraft assembly facility and innovation centre in […]
SkyDrive Inc has raised JPY 8.3 billion in pre-series D funding through a third-party allotment. The funding will be used to strengthen the company’s eVTOL development team, enhance testing infrastructure, improve operational readiness and accelerate […]
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