Archer Aviation this week announced that it has now closed on USD220 million of USD 230 million of additional capital raised since the end of Q2, with USD10 million remaining in the form of a […]
EHang Holdings Limited today announced its unaudited financial results for the second quarter ended June 30, 2024. According to the company: “Sales and deliveries of EH216 series products were 49 units, the highest quarterly delivery […]
Multiple Chinese media reports say Volant Aerotech, manufacturer of the VE25 eVTOL has secured USD100 million in a Series A++++ financing round. “The fundraiser was led by Beijing Robot Industry Development Investment Fund, Shanghai-based Volant […]
Lilium has completed the first phase of integration testing of the Lilium Jet’s electrical power system at the company’s purpose-built laboratory, according to the company in a press statement. “The test completion represents a key […]
Lilium “is apparently considering a sale to foreign investors and a relocation abroad,” according to the German news publication Handelsblatt. “According to information from Handelsblatt, the management team around CEO Klaus Roewe commissioned consultants in […]
XTI Aerospace has announced a business update and the filing of its quarterly report on Form 10-Q for the quarter ended June 30, 2024. “We continue to advance the development of the TriFan 600, a […]
The full-scale prototype of ASKA™ A5, roadworthy electric-hybrid vertical takeoff and landing aircraft, has progressed through a series of successful tethered unmanned flight tests, according to a Linkedin post from company Co-founder, chair/COO Maki Kaplinsky. “The […]
Archer Aviation announced today it has delivered its first Midnight aircraft to the USAF to evaluate as part of its AFWERX Agility Prime contract valued at up to USD142 million*. “The delivery comes after the […]
EHang’s EH216-S has completed the seaside city’s first passenger-carrying pilotless eVTOL flight today. According to the Chinese eVTOL manufacturer, five EH216-S were delivered to local customers, planned for applications in low-altitude tourism, urban transportation, and […]
Surf Air Mobility, a regional air mobility platform, has announced that it intends to form Surf Air Technologies LLC, a new venture that will develop, market, and sell AI-powered software tools to create a category-defining […]
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes