Doroni Aerospace has announced it has raised over USD1,000,000 so far in its Start Engine crowd funding campaign to accelerating the Doroni H1-X eVTOL’s path to market. Each investment made through StartEngine directly supports advanced […]
Lilium has announced a USD114 million financing round, including the pricing of a USD40 million underwritten public offering as well as a concurrent USD50 million private placement. “Financing sees meaningful participation from existing shareholders and […]
Boeing has announced plans to invest in several Québec-based enterprises, including Wisk’s Montreal-based engineering centre focused on the development of its autonomous, electric, 4-passenger eVTOL air taxi. “The investments are part of Boeing’s Industrial and […]
TCab Tech announced recently that it has raised an additional USD20 million in its Series A financing. The company says the exclusive investment comes from a strategic investment fund which plans to introduce the air-taxi […]
Archer has published its Shareholder Letter covering the first quarter of 2024. In the letter it highlights a net loss for the first quarter 2024 of USD116.5 million, which increased sequentially by USD7.4 million from […]
The ACS Group has reached agreement to become an investor of Skyports, a global company in the ownership and operation of vertiports, sustainable infrastructures for air mobility and drone flights. “The investment is made through […]
Skyports today announced that infrastructure company ACS Group “has made a substantial equity investment in Skyports, to become the largest investor in the company”. “ACS Group, which in 2023 generated revenue of USD39 billion, has […]
The Austrian aviation technology company CycloTech, which is developing an innovative flight propulsion technology, has secured a EUR20 million investment just a few weeks after opening the funding round. CycloTech CEO Hans-Georg Kinsky emphasised the […]
Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of USD107 million in Series B funding. The company says the new round brings the total financing raised by Heart Aerospace since its […]
The rapid growth in the Advanced Air Mobility market and advances in establishing a regulatory framework for the sector is making electric Vertical Takeoff and Landing (eVTOL) an increasingly attractive market for professional investment, according […]
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