Insurance and finance

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 […]

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 […]