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Air taxis and personal transports

ARC Aero Systems receives Saudi Life Shield funding for hybrid electric EMS aircraft

The UK’s ARC Aero Systems has signed strategic partnership agreement (SPA) with a Saudi-based company to develop innovative aviation solutions and promote manufacturing within the two countries. The deal between ARC Aero Systems and the […]

Air taxis and personal transports

Volant Aerotech receives new round of funding to support VE25 eVTOL development

Multiple press sources report Shanghai-based startup Volant Aerotech in May 2024 completed a further 100 million yuan (USD14 million) funding round to continue development of its VE25-100 electric vertical-takeoff-and-landing (eVTOL) air taxi. The round was […]

Air taxis and personal transports

Lilium to set up APAC regional headquarters in Shenzhen-based Bao’an District

Lilium has signed a collaboration agreement with the Shenzhen-based Bao’an District, in which the Germany eVTOL manufacturer will established its [APAC] regional headquarters in the district by way of its recently created Chinese entity “Powerful […]