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Air taxis and personal transports

EHang agrees strategic partnership with Guangzhou Bank, including USD276 million credit line

EHang in a Linkedin post of March 21 has announced a strategic partnership with Guangzhou Bank, which includes an intended credit of RMB 2 billion (USD276 million). “The partnership will provide comprehensive financial support to […]

Air taxis and personal transports

Loch Lomond Seaplanes signs MoU for two Efly Group NOEMI electric passenger seaplanes

Loch Lomond Seaplanes has signed a Memorandum of Understanding with Norway’s Elfly Group for two nine-seat NOEMI (No Emission) seaplanes, with an option to acquire three more. “Collaboration between the two companies will not only […]

Air taxis and personal transports

Wisk Aero announces Avalon Airshow exhibit, publishes “AAM in Australia” whitepaper

Wisk Aero has announced it will be showcasing an interactive experience at the Avalon Australian International Airshow, taking place March 25-30, 2025 in Geelong, Victoria. The company has also announced it has published a whitepaper Attendees […]

Air taxis and personal transports

Alpine Vertical launches USD20 million equity raise to accelerate development of hVTOL Argon programme

Alpine Vertical has announced a USD20 million equity raise to accelerate the development and commercialization of its next-generation hybrid VTOL (hVTOL) aircraft, the Argon. “This capital raise is aimed at advancing Alpine Vertical’s mission to […]

Air taxis and personal transports

Beyond Aero unveils refined concept of its hydrogen-powered e-jet BYA-1

Beyond Aero has unveiled a refined concept for its hydrogen-powered light jet, “incorporating key engineering advancements validated by industry experts,” says the company in a press release. “These refinements mark a significant step toward certification […]

Air taxis and personal transports

Wenfeng’s Diamond Industries integrates Volocopter into its business portfolio

Diamond Aircraft Industries, based in Wiener Neustadt, Austria, has integrated Volocopter, with the company headquarter remaining in Bruchsal, Germany. Diamond Aircraft is a subsidiary of Wanfeng Aircraft Division of Wanfeng Auto Holding Group, “and is […]

Air taxis and personal transports

Archer Aviation and Palantir Technologies to integrate AI into manufacturing and operations

Archer Aviation and Palantir Technologies today announced a partnership today to build the artificial intelligence (AI) foundation for the future of next-gen aviation technologies, say the companies in a press release. “For decades, the aviation […]

Air taxis and personal transports

EHang announces Q4 2024 and full year results: “216 EH-216 eVTOLs delivered, with positive cash flow”

EHang Holdings has announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Operational and financial highlights for the Fourth Quarter of 2024 include: EH216 series eVTOL sales and deliveries achieved […]