Hong Kong’s The Standard news source reports that more than 100 Chinese companies, enterprises and research institutions – including Aerofugia and TCab Tech – have formed a “low-altitude economy” alliance. “Launched in Beijing, the alliance […]
Volocopter has announced the second flight of its Volocopter eVTOL during the Paris Olympics with a flight test within the premises of the World Heritage Palace of Versailles. This flight marks the conclusion of this […]
Archer Aviation today announced operating and financial results for the second quarter ended June 30, 2024. The Company issued a shareholder letter discussing those results, as well as its third quarter 2024 estimates. The shareholder […]
Archer Aviation announced today plans to launch a Los Angeles air mobility network. The goal is for passengers to be able to go to a nearby vertiport, or vertical take-off and landing location, and then […]
Volocopter reports it has completed a crewed test flight at the Aerodrome of Saint-Cyr-l’École, the first bespoke commercial vertiport for electric vertical take-off and landing (eVTOL) integrated within Volocopter’s approved flights routes in Paris. While […]
Joby Aviation has announced it has rolled its third production prototype aircraft off the company’s pilot production line in Marina, CA, with four aircraft expected to be in active flight test during the next quarter. […]
Eve Air Mobility has announced its second quarter 2024 financial results. Eve reported a net loss of USD36.4 million in 2Q24 versus USD31.4 million in 2Q23. Net loss increased due to higher Research & Development […]
Joby Aviation today announced it has formally applied for its aircraft to be certified for use in Australia. Joby’s application to Australia’s Civil Aviation Safety Authority (CASA) for the validation of an Federal Aviation Administration […]
XPENG AEROHT today announced the completion of its USD150 million Series B1 funding round and the initiation of its Series B2 funding round. The company is preparing to construct the world’s first modern assembly line […]
Multiple press reports say that the world’s largest battery manufacturer Contemporary Amperex Technology Co., Limited (CATL) has invested “hundreds of million dollars” in China’s eVTOL manufacturer Autoflight. According to CNEVpost: “CATL and Autoflight signed an […]
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