Libra Group, a privately owned international business group has announced today that Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) has agreed to acquire a 35% stake in its aviation subsidiary, LCI. Additionally, SMFL and Libra […]
EVFLY, a company that manages and operates the new generation of electric aircraft eVTOL (Electric Vertical Take Off and Landing) also specialized in advanced air mobility( AAM) services, today announced the signature of a LoI […]
Several on-line press reports say Shanghai-based eVTOL startup Vertaxi has unveiled the full size prototype of its five-seat M1 eVTOL. The company plans to certify the cargo model first with 500kg payload. According to February […]
Leaders from the US advanced air mobility (AAM) community, giving evidence to the US House Transportation & Infrastructure Committee on “FAA Reauthorization: Harnessing the Evolution of Flight to Deliver for the American People” on March […]
Vertical Aerospace reports it has secured the first ever Design Organisation Approval (DOA) issued to an eVTOL manufacturer by the UK Civil Aviation Authority. “The DOA authorises Vertical to conduct design activities and issue design […]
eVTOL manufacturer Lilium and battery cell production partner Customcells, are ramping up battery cell production of Lilium’s high silicon content cells with weekly deliveries from Customcells production line in Tübingen, Germany. The production line will […]
Ascendance Flight Technologies, a startup dedicated to sustainable aviation, has raised EUR21 million from a range of new investors. According to a company press release: “French Tech Souveraineté, operated by Bpifrance as part of the […]
LYTE Aviation has revealed its 40-seat (hybrid) eVTOL SkyBus and SkyTruck programme. Its LA-44 SkyBus and complementary SkyTruck cargo variant, designed around a 4.5 tonne payload, is the accumulation of three years’ R&D. “The SkyBus will offer […]
The White House Office of Science and Technology Policy (OSTP) has released the Biden-Harris Administration’s priorities to advance a vision “for America’s continued global leadership in aeronautics,” according to a White House press release. The […]
Eve Holding, Inc. has reported its fourth quarter and fiscal year 2022 earnings results and its future programme milestones. These are: Selection of primary suppliers “We intend to define the suppliers of the most critical […]
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