LuftCar, a US based hydrogen powered eVTOL aircraft developer announced that they have received a term sheet for USD 100 million investment from GEM Global Yield, a Luxembourg-based private equity group. The funds will be […]
H55 has announced the completion of the first part of its Series C financing round securing USD 49 million. The company says it has raised the finance from a group of distinguished strategic and financial […]
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 […]
Pono Capital Three, a special purpose acquisition company, has announced the execution of a definitive Business Combination Agreement with Robinson Aircraft Ltd, a British Columbia company doing business as Horizon Aircraft. According to the press […]
Archer Aviation has announced operating and financial results for the second quarter ended June 30, 2023. In tandem with earnings, Archer made a series of announcements that the company says “reinforce its path to FAA […]
Statkraft Ventures, a VC fund in energy transition and climate tech, today announced its investment in electric aviation company Electra. Electra says the investment will enable the company to further develop its hybrid-electric ultra-short takeoff […]
Lilium, developer of the all-electric vertical take-off and landing (“eVTOL”) jet, has released its Q2 2023 Shareholder Letter. The letter discusses Lilium’s progress towards important milestones in the development of its Lilium Jet and lists […]
Lilium announced today a USD192 million financing, including the pricing of an upsized USD75 million underwritten public offering of 57,692,308 of the Company’s Class A ordinary shares (the “Shares”), as well as a concurrent USD42 […]
Electra.aero, which recently introduced the EL-2 Goldfinch, a hybrid-electric, “ultra-short” takeoff and landing (eSTOL) demonstrator aircraft has received funding support from the Virginia Innovation Partnership Corporation (VIPC). The company says this milestone marks the entry […]
HYSKY Society has announced that LuftCar, an early sponsor of FLYING HY, has launched a crowdfunding campaign on StartEngine. According to the short statement “LuftCar is an innovative air mobility company that manufactures hydrogen eVTOL […]
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