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Air taxis and personal transports

Vertical Aerospace half year financial results report “USD137 million in cash and equivalents in hand”

Vertical Aerospace today provided an operating update and released its financial results for the first half of the year ended June 30, 2025. According to a press release, the company “maintained industry-leading capital efficiency1 and after July’s […]

Air taxis and personal transports

AutoFlight reports “world’s first successful 2-ton eVTOL cargo supply mission to offshore oil rig”

AutoFlight, in a strategic partnership with China National Offshore Oil Corporation (CNOOC) and CITIC Offshore Helicopters, has announced the successful completion of the world’s first offshore oil platform cargo transport mission utilizing a two-ton electric […]

Air taxis and personal transports

Vertical Aerospace announces airframe manufacturing deal with Aciturri Aerostructures

Vertical Aerospace today announced a long-term strategic partnership with Aciturri Aerostructures to build the airframe for Vertical’s electric and hybrid-electric vertical take-off and landing (eVTOL) aircraft, the VX4. “Under the partnership agreement, Aciturri will supply […]

Air taxis and personal transports

Joby and L3 Harris link to develop gas turbine hybrid VTOL for defence markets

Joby Aviation and L3Harris Technologies today announced they are exploring opportunities to develop a new aircraft class for defence applications. “The gas turbine hybrid vertical take-off and landing (VTOL) aircraft is designed for low-altitude missions […]

Air taxis and personal transports

UrbanLink Air Mobility to lease ten BETA Technologies eCTOL aircraft for Florida services

UrbanLink Air Mobility, a South Florida-based advanced air and maritime mobility operator, today announced it has reached an initial agreement with a major alternative asset finance company to lease up to ten (10) BETA Technologies […]

Air taxis and personal transports

Urban-Air Port and Nalwa Aero partners to develop AAM infrastructure, services in India

Urban-Air Port and Nalwa Aero, an Indian eVTOL developer, have announced a partnership to enter the Indian market, marking Urban-Air Port’s first collaboration with an Indian eVTOL OEM. This alliance aims to develop purpose-built, scalable, […]