Eve Air Mobility has announced today a USD35 million fund from Brazil’s National Development Bank (BNDES) for continued eVTOL development. This second-phase funding follows a USD92.5 million line of credit secured in 2022 for R&D […]
EHang Holdings has announced a strategic investment totalling over USD22 million.The investors are Zhuhai Enpower Electric, a Chinese leading new energy vehicle power systems provider, and a strategic institutional investor from the Middle East, says […]
Eve Air Mobility reported a net loss of USD35.8 million in 3Q24 versus USD31.2 million in 3Q23. “Net loss increased due to higher Research & Development (R&D) – these are costs and activities necessary to […]
International finance company River Capital Limited, has announced its strategic commitment to the eVTOL (electric Vertical Take-Off and Landing) market, “positioning itself as a key player in the evolution of urban air mobility,” says the […]
Eve Air Mobility has announced a USD 50 million loan from Citibank N.A. to support the company’s aircraft research and development programme. According to the company: “With this additional loan, Eve’s 2Q24 pro-forma liquidity increases […]
Joby Aviation has announced that it has launched an underwritten public offering to sell up to USD200.0 million of its shares of common stock. “All of the shares of common stock are being offered by […]
The Start Engine website reports that Doroni Aerospace has raised USD1,904,249.40 in the latest round of crowd funding, adding to the USD 5,666,088.35 in previous rounds, with 807 investors taking part. The company has developed […]
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 […]
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