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Air taxis and personal transports

Eve raises USD 230M in equity capital in Brazil

Eve Air Mobility has entered into subscription agreements with BNDESPAR, a subsidiary of the Brazilian Development Bank (BNDES), Embraer and other institutional investors to issue and sell, in a capital raise via a registered direct […]

Insurance and finance

Apollo and Moonrock launch ‘aviation innovation’ insurance with USD 100M liability coverage

Insurance platform Apollo and Moonrock, a managing general agent specialising in drone insurance, have launched a new drone, eVTOL and aviation innovation insurance facility. The facility will provide liability coverage of up to USD 100 […]

Air taxis and personal transports

EHang agrees strategic partnership with Guangzhou Bank, including USD276 million credit line

EHang in a Linkedin post of March 21 has announced a strategic partnership with Guangzhou Bank, which includes an intended credit of RMB 2 billion (USD276 million). “The partnership will provide comprehensive financial support to […]

Air taxis and personal transports

Alpine Vertical launches USD20 million equity raise to accelerate development of hVTOL Argon programme

Alpine Vertical has announced a USD20 million equity raise to accelerate the development and commercialization of its next-generation hybrid VTOL (hVTOL) aircraft, the Argon. “This capital raise is aimed at advancing Alpine Vertical’s mission to […]