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Air taxis and personal transports

Nidec and Embraer approved for JV to develop electric propulsion system for aerospace sector

Japan’s Nidec Corporation and Brazil’s Embraer have welcomed the “unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC”. The two partners say the transaction combines the complementary […]

Business Partnerships

Spanish AAM industry cluster launches dialogue with airports on vertiport developments

SIAM (Spain Innovative Air Mobility), the Spanish cluster for innovative air mobility, has announced the creation of a series of dialogues with Spanish airports, including representatives of administration, operators, managers, manufacturers and constructors. The commitment […]

AAM/UAM route and programme news

SK Telecom and Joby Aviation sign collaboration agreement for K-UAM Grand Challenge

SK Telecom today announced that it signed a collaboration agreement with Joby Aviation, a California-based company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, to jointly participate in the K-UAM Grand […]

Business Partnerships

Airbus, Barclays Sustainable Impact Capital and NEOM co-lead ZeroAvia’s latest financing round

ZeroAvia today announced that Airbus, Barclays Sustainable Impact Capital and NEOM have co-led the company’s latest financing round. Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Ecosystem Integrity Fund, Summa Equity, AP Ventures and Amazon Climate […]