Eve Air Mobility has announced today a USD35 million fund from Brazil’s National Development Bank (BNDES) for continued eVTOL development. This second-phase funding follows a USD92.5 million line of credit secured in 2022 for R&D […]
Roland Berger and the German Aerospace Center (DLR) have produced a new report which analyses potential unit cost economics for specific eVTOL use cases (city-taxi, airport-shuttle, inter-city), writes Roland Berger’s Dr Stephan Baur in a […]
SkyDrive Inc has announced today that it has signed an agreement with JTB Corp, a provider of travel solutions in Japan, to create new tourism services using eVOTLs. The partnership aims to contribute to regional […]
China’s AutoFlight has made its first eVTOL flight in Japan. On November 29, the company’s two-ton eVTOL aircraft completed its inaugural demonstration flight in Okayama Prefecture.. said the company in a Linkedin post. The historic eVTOL flight […]
Flying car company PAL-V has announced a new milestone in its cooperative agreement with Royal NLR – Netherlands Aerospace Centre. “The two parties have successfully completed the development of the rotor blades for the PAL-V […]
Wisk has signed a strategic alliance with Archerfield Airport Corporation (AAC) in Queensland, Australia, as part of its goal of bringing autonomous air taxi services to Brisbane by the 2032 Olympics. Multiple media sources and […]
Bluenest and Helibravo Aviation announced during the Oeiras Second Advanced Air Mobility Summit in Portugal that on 15 May 2025 the two companies and consortium partners will perform helicopter and drone flight demonstrations managed from […]
EHang Holdings Limited has announced that the Company’s Board of Directors has approved a Share Repurchase Program, pursuant to which the Company may repurchase up to USD30 million of its American Depositary Shares or ordinary […]
Vertical Aerospace today announced a new agreement between the company, its majority shareholder Stephen Fitzpatrick, and its primary creditor Mudrick Capital Management. This “secures a commitment to USD50 million in new funding, strengthening Vertical’s financial […]
During the recent Smart City Expo & Tomorrow Mobility World Congress 2024 in Barcelona, Spain, EHang signed a Memorandum of Understanding (MoU) on Advanced Air Mobility (AAM) ecosystem with Vertiports Network, a European vertiport infrastructure company, which designs […]
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