Uber Technologies Inc is seeking options for its Uber Elevate business, including either “a strategic partnership or a partial sale”, reports axios.com citing multiple sources. The move reflects CEO Dara Khosrowshahi’s “obsession with achieving profitability”, the report […]
Eve Urban Air Mobility Solutions (Eve) has been launched as a new, independent company to accelerate Urban Air Mobility (UAM), reports a company press release. Eve is creating a series of systems to develop the […]
Uber Elevate has chosen GE Aviation’s Digital Group to partner for an aerial ridesharing program, reports businesswire.com. Uber’s ambition is to transform the world through the use of aerial vehicles. The early stage of the […]
Paris region, Groupe ADP and RATP Groupe are creating an urban air mobility industry branch at Pontoise airfield near Paris, focused on electric vertical take-off and landing (eVTOL) systems. German electric air taxi and urban […]
American company, Eco Helicopters, based at Palm Springs, California that is developing all electric helicopters, says it plans to launch an air taxi service in the Los Angeles metropolitan area in the second quarter of […]
The UK’s Vertical Aerospace reports it has received investment from the UK Government, through the Aerospace Technology Institute (ATI) Programme, to fund the development of a smart charger for their electric aircraft. The charger will […]
Toyota has established an USD800 million global investment fund to support “growth-stage companies developing technologies and business models in areas including autonomous mobility, automation, artificial intelligence, machine learning, data and analytics, connectivity and smart cities,” […]
Hyundai Motor Company is co-operating with Incheon International Airport Corp. (IIAC), Hyundai Engineering & Construction Co. and KT Corp. to step up the development of Urban Air Mobility (UAM) and partner to conduct test flights, […]
Numerous sources report that Boeing is closing its Boeing NeXt innovation division, which has been developing through its Aurora Flight Sciences subsidiary Passenger Air Vehicle and Cargo Air Vehicle concepts and is an investor with […]
At the Greentech Festival in Berlin on 16 September Volocopter announced the world’s first public sale for electrical air taxi flight reservations. According to a company press release: “Effective immediately, Volocopter fans world-wide can reserve their tickets […]
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