Eve Air Mobility reported a net loss of USD35.8 million in 3Q24 versus USD31.2 million in 3Q23. “Net loss increased due to higher Research & Development (R&D) – these are costs and activities necessary to […]
Eve Air Mobility, Revo, an Advanced Air Mobility (AAM) platform in Brazil, and its parent company, Omni Helicopters International Group (OHI), have announced the conclusion of an urban air traffic simulation in São Paulo as […]
Toyota Motor Corporation (Toyota) and Joby Aviation (Joby) have partnered at Toyota’s Higashi-Fuji Technical Center in Shizuoka, Japan to complete the first Joby eVTOL flight outside the USA. “Toyota has now invested in Joby on […]
Beta Techologies, developer of the ALIA A250 VTOL and ALIA CX300 CTOL, has announced in a Linkedin post it has just raised more than USD 300 million in equity capital to support the production, certification, […]
Eve Air Mobility (Eve) and Embraer-CAE Training Services (ECTS), a joint venture between Embraer and CAE Inc. (CAE) today announced that ECTS has been selected as the training provider for Eve’s electric vertical take-off and […]
Wisk Aero has announced in a Linkedin post at it is partnering with the US Federal Aviation Administration’s William J. Hughes Technical Center for Advanced Aerospace to research safely integrating remotely supervised AAM operations in […]
Eve Air Mobility has announced a USD 50 million loan from Citibank N.A. to support the company’s aircraft research and development programme. According to the company: “With this additional loan, Eve’s 2Q24 pro-forma liquidity increases […]
EHang Holdings Limited today announced it has entered into a strategic partnership with the Civil Aviation Flight University of China (CAFUC). “Building upon the CAFUC’s extensive expertise in civil aviation education, research, and talent development, […]
XPENG AEROHT, in an X/Twitter post has shown a video of the first crewed flight of its Land Aircraft Carrier eVTOL module. The post shows video of the flight. On October 27 the company also […]
Italy’s Manta Aircraft and China’s Shenyang Aviation Industries Group have announced they are establishing a partnership to develop the Manta ANN hybrid electric HeV/STOL for the regional air mobility markets. “The solution of the hybrid […]
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