6-Sep-2024Source: Aurora Flight Sciences
Aurora Flight Sciences, a Boeing company, recently completed a successful seven-hour flight test of its fuel-cell-powered small uncrewed aircraft system (sUAS), SKIRON-XLE. The test flight, conducted at an airfield in Virginia, represents a significant advancement in flight endurance for the Group 2 platform. SKIRON-XLE is part of Aurora’s SKIRON sUAS product line, which also includes... Read more
4-Sep-2024Source: Pivotal
Pivotal, the market leader in light electric Vertical Takeoff and Landing (eVTOL) aircraft, announced it earned the 2024 World Future Award for innovation and market leadership. This recognition celebrates Pivotal’s groundbreaking achievements in the design, development, manufacturing and delivery of the Helix, its feature-rich light eVTOL aircraft. “Receiving the 2024 World Future Award, with Helix at... Read more
4-Sep-2024Source: Archer Aviation
Archer Aviation announced that it has completed 402 test flights so far this year, surpassing the 400 test flight goal it set for 2024 approximately four months ahead of schedule. The 400 plus flights were conducted over the last eight months as the company ramps flight test operations in advance of for-credit flight testing with... Read more
29-Aug-2024Source: Dufour Aerospace
The Aero2 is Dufour Aerospace’s cutting-edge tilt-wing drone. Over the past years, several prototypes have been put through their paces — and demonstrated the capabilities of the Dufour Aerospace vision and platform. Last week, Dufour achieved another major milestone, as the Aero2 production-ready version — called the “X2.3” — completed its first successful hover flight.... Read more
29-Aug-2024Source: Joby Aviation
Joby Aviation, Inc. (NYSE:JOBY), a next-generation aviation company, announced that it demonstrated autonomous logistics aircraft operations in an evolving mission environment, in partnership with the U.S. Air Force during the ‘Agile Flag 24-3’ exercise. During the exercise, Joby’s team, which includes the autonomy division of Xwing acquired by Joby in June of this year, operated... Read more
29-Aug-2024Source: Pivotal
Pivotal, the market leader in light electric Vertical Takeoff and Landing (eVTOL) aircraft, today announced it has won Gold in the 2024 NY Product Design Awards for the Helix, its first production aircraft. The Helix is a fixed-wing aircraft built on Pivotal’s fourth-generation eVTOL platform. Efficient, compact, and simple, the Helix is transportable in a 16-foot trailer and... Read more
28-Aug-2024Source: SkyDrive
SkyDrive Inc. (“SkyDrive”), a leading Japanese eVTOL aircraft (*1) manufacturer based in Japan, announced that it has signed an agreement with Osaka Metro Co., Ltd. (“Osaka Metro”) to study the feasibility of using eVTOL in the Osaka area after the Expo 2025 Osaka, Kansai, Japan (“the Expo”). In addition, Osaka Metro invested in SkyDrive. SkyDrive’s... Read more
22-Aug-2024Source: Archer
Archer Aviation this week announced that it has now closed on $220M of this $230M of additional capital raised since the end of Q2, with $10M remaining in the form of a committed investment from Stellantis that remains subject to shareholder approval which is expected to occur later this year. When combined with the $360M... Read more
20-Aug-2024Source: Bicester Motion
Bicester Motion, the 444-acre future mobility estate in Bicester, Oxfordshire and Skyports Infrastructure, the leader in vertiport infrastructure for the advanced air mobility (AAM) industry, have been given the green light to build the UK’s first vertiport testbed for the electric air taxi industry. The application for the new vertiport to be built at Bicester Motion... Read more
20-Aug-2024Source: ASKA
ASKA, developer of the ASKA™ A5 roadable electric-hybrid VTOL (Vertical and Takeoff and Landing) aircraft, is proud to announce that the company is successfully progressing through its tethered unmanned flight tests with its full-scale prototype. The tethered unmanned flights took place in a private airfield located in California. Since the renewal of our special airworthiness... Read more
19-Aug-2024Source: VFS
The Vertical Flight Society (VFS) today announces the release of the 42nd Annual Student Design Competition (SDC) Request for Proposal. The annual SDC sponsorship rotates between Airbus, Bell, Boeing, Leonardo, Sikorsky and the US Army Research Lab. Each year, the VFS competition challenges students to design a vertical takeoff and landing (VTOL) aircraft that meets... Read more
15-Aug-2024Source: AutoFlight
AutoFlight and CATL announced an exclusive strategic investment and cooperation agreement, valued in the hundreds of millions of dollars, bringing together pioneers in eVTOL (electric vertical take-off and landing) and battery technology in a unique partnership. CATL’s exclusive strategic investment in AutoFlight underscores its strong recognition of its core competitiveness and the long-term development potential... Read more
15-Aug-2024Source: Volocopter
Volocopter, the pioneer of sustainable air mobility, conducted the world’s first electric vertical take-off and landing (eVTOL) flight test within the premises of the World Heritage Palace of Versailles. This unprecedented flight marks the conclusion of this summer’s multi-day operational validation test campaign at the Aerodrome of Saint-Cyr-l’Ecole and Versailles. Volocopter and its partners aspire... Read more
14-Aug-2024Source: Archer Aviation
Archer Aviation Inc. and Future Flight Global (FFG) today announced an agreement focused on the deployment of electric vertical take off and landing aircraft (eVTOL) services across top global markets. Archer and Future Flight Global have signed a memorandum of understanding (MOU) for the planned purchase of up to 116 Midnight Aircraft worth up to... Read more
9-Aug-2024Source: Eve Air Mobility
Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes aircraft development, Service & Operations Solutions and Vector, an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if... Read more
7-Aug-2024Source: VFS
The Vertical Flight Society (VFS), the world’s leading non-profit organization working to advance vertical flight, announces that Adithya Ramaswami has been appointed to serve as Chair of the Design-Build-Vertical Flight (DBVF) Student Competition, effective Aug. 1, 2024. The DBVF Student Competition is a global challenge that aims to encourage university students to explore and develop... Read more
31-Jul-2024Source: EHang
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that it has delivered the first batch of 10 units of EH216-S pilotless electric vertical takeoff and landing (“eVTOL”) aircraft to Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. (“Xishan Tourism”) in the second quarter... Read more
29-Jul-2024Source: Honeywell
Honeywell (NASDAQ: HON)and Odys Aviation, a developer of advanced hybrid Vertical Take-Off and Landing (VTOL) aircraft, have signed a memorandum of understanding (MOU) to collaborate on the design of new Ground Control Stations to support the rollout of Odys Aviation’s hybrid VTOL aircraft in the Middle East and Pacific. Under the terms of the MOU, Honeywell... Read more
26-Jul-2024Source: Vertical Aerospace
Vertical Aerospace (Vertical) (NYSE: EVTL), a global aerospace and technology company that is pioneering zero emissions aviation, unveiled its next generation full-scale VX4 prototype, the only electric take-off and landing vehicle (eVTOL) designed, built and assembled in the UK. Vertical Aerospace’s new, more advanced VX4 prototype, the only electric take-off and landing vehicle (eVTOL) designed,... Read more
25-Jul-2024Source: Joby Aviation
Joby Aviation, global leader in electric vertical takeoff and landing (eVTOL) aircraft development, is making its debut at Farnborough International Airshow (Hall4: Booth #41000). This marks the first time Joby has brought its revolutionary full-scale aircraft to the United Kingdom, offering visitors an up-close, hands-on experience of the future of urban air mobility. Get up close... Read more
25-Jul-2024Source: Lilium
The Saudi Arabian General Authority of Civil Aviation (GACA) and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today signed a memorandum of understanding (MoU) at the Farnborough International Airshow to develop and implement the required regulations for eVTOL operations in the Kingdom of Saudi Arabia beginning... Read more
25-Jul-2024Source: Supernal
Supernal LLC – Hyundai Motor Group’s Advanced Air Mobility (AAM) company – announced its return to the biennial Farnborough International Airshow, where it will display its full-scale electric vertical takeoff and landing (eVTOL) vehicle product concept, S-A2, and share its progress toward launching commercial flights in 2028. The event marks the introduction of S-A2 to... Read more
24-Jul-2024Source: Supernal
Supernal LLC – Hyundai Motor Group’s (HMG) Advanced Air Mobility (AAM) company – and Sigma Air Mobility – a Luxaviation Group company – announced a joint effort to identify and develop targeted markets for future AAM infrastructure and investments, targeting key markets in South and Southeast Asia and potential opportunities in Southern Europe. The collaboration is intended to... Read more
24-Jul-2024Source: Vertical Aerospace
Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announced that testing on its most advanced eVTOL aircraft, unveiled last week, has started with initial powered ground tests, including propeller balancing, successfully complete. Propeller balancing and spinning tests measure weight distribution of each propeller blade to... Read more
24-Jul-2024Source: Eve Air Mobility
Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has named Diehl Aviation as the designer and producer of interior and ASE as the supplier for the power distribution system for the company’s electric vertical take-off and landing (eVTOL) aircraft. “We strongly believe that the addition of Diehl Aviation and ASE to an already strong list of... Read more
24-Jul-2024Source: EHang
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that the Civil Aviation Administration of China (“CAAC”) has formally accepted the Air Operator Certificate (“AOC” or “OC”) applications submitted by Guangdong EHang General Aviation Co., Ltd. (“EHang General Aviation”), the Company’s wholly-owned subsidiary... Read more
23-Jul-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), SEA (SEA), the operator of Milan’s airports, and Skyports Infrastructure (Skyports), the leader in vertiport infrastructure for the Advanced Air Mobility (AAM) industry, have announced the signing of a Memorandum of Understanding (MoU) laying the groundwork for the development... Read more
23-Jul-2024Source: Lilium
Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), confirmed its delivery schedule allowing first customer deliveries in 2026 and provided additional program details. This confirmation is based on a recent program review that considered the testing and validation requirements needed prior to first manned flight, which is now... Read more
22-Jul-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announced the next phase of its “POWER-ON” Aftermarket Services portfolio, providing a suite of digital solutions to ensure efficient and seamless operation of the Lilium Jet. The digital suite includes flight planning and aircraft performance ground and Electronic Flight... Read more
22-Jul-2024Source: EHang
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced the signing of a purchase and operation cooperation agreement with KC Smart Mobility Company Limited (“KC Smart Mobility”), a subsidiary of Kwoon Chung Bus Holdings Limited (“KCBH”) (0306.HK), the largest non-franchised bus operator in Hong Kong.... Read more
19-Jul-2024Source: Joby Aviation
Joby Aviation, Inc. (NYSE:JOBY), a next generation aviation company, announced it has successfully flown a first-of-its-kind hydrogen-electric air taxi demonstrator 523 miles, with water as the only by-product. The aircraft, which takes off and lands vertically, builds on Joby’s successful battery-electric air taxi development program, and demonstrates the potential for hydrogen to unlock emissions-free, regional... Read more
19-Jul-2024Source: Archer Aviation
Southwest Airlines Co. (NYSE: LUV) and Archer Aviation Inc. (NYSE: ACHR), have signed a memorandum of understanding (MOU) to develop operational plans for electric air taxi networks utilizing Archer’s eVTOL aircraft at California airports where Southwest® operates. Archer Aviation is a leading manufacturer of electric vertical takeoff and landing (eVTOL) aircraft. Southwest is the Golden State’s largest air... Read more
18-Jul-2024Source: Horizon Aircraft
New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of the world’s first eVTOL (electric Vertical Take-Off and Landing) that can fly most of its mission exactly like a normal aircraft, announces that Phil Kelly has been appointed as Senior Vice President... Read more
18-Jul-2024Source: Archer Aviation
Archer Aviation Inc., a leader in the development of electric vertical takeoff and landing (eVTOL) aircraft, announced that on Tuesday, July 16, 2024 it received approval from CAEATFA for its ~$117M project covering the planned expansion of its advanced manufacturing facilities in the State of California, including the ramp of its advanced electric powertrain facility... Read more
17-Jul-2024Source: Eve Air Mobility
Eve Air Mobility (“Eve”) (NYSE: EVEX, EVEXW) will be providing an update on several key program milestones at the 45th Farnborough Air Show next week. Coming off its recent announcement of $94M in new equity to support development of its electric vertical take-off and landing (eVTOL) aircraft, Eve has continued to attract new equity. Along... Read more
15-Jul-2024Source: EHang
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced it has received full payment for the initial batch of 30 units of EH216-S passenger-carrying pilotless aircraft and has delivered 27 units to Wencheng County Transportation Development Group Co., Ltd. in Wenzhou, Zhejiang Province. It... Read more
12-Jul-2024Source: Supernal
Hyundai Motor Group’s Advanced Air Mobility company – announced its upcoming presence at the 2024 Farnborough International Airshow, where it will display S-A2, its full-scale eVTOL vehicle product concept, in the company’s chalet. On Tuesday, July 23, 2024, at 10:00 a.m., Supernal – in collaboration with the World Economic Forum – will host an industry... Read more
12-Jul-2024Source: EHang
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that it has signed a strategic Memorandum of Understanding (“MoU”) with China Southern Airlines General Aviation Company Limited (“CSGAC”), a leading general aviation service provider and strategic emerging business unit of China Southern Airlines Company... Read more
10-Jul-2024Source: Lilium
Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first series of tests of its electric jet propulsion unit. For the first time, the electric engines were taken up to maximum thrust on the propulsion unit test bench, representing a landmark achievement on the... Read more
9-Jul-2024Source: Archer Aviation
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) and Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Archer has received an additional $55 million investment from Stellantis under the companies’ strategic funding agreement following the achievement of its transition flight test milestone last month.... Read more
1-Jul-2024Source: Eve
Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW), a global electric vertical take-off and landing (eVTOL) aircraft manufacturer and services provider, has announced $94M in new equity financing from multiple investors. The funding, which includes the issuance of new shares of common stock and warrants, includes participation from a diverse group of global industrial companies that... Read more
21-Jun-2024Source: Archer
Archer Aviation, a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced plans for an air mobility network that will connect five strategic locations across the San Francisco Bay Area – South San Francisco, Napa, San Jose, Oakland, and Livermore. Archer’s network is anticipated to provide unprecedented connectivity to communities around the region,... Read more
19-Jun-2024Source: EHang
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that its EH216-S pilotless electric vertical takeoff and landing (“eVTOL”) aircraft completed its first autonomous air taxi flight in Mecca, Saudi Arabia. The autonomous flight, conducted with rigorous safety measures, underscores EHang’s commitment to... Read more
18-Jun-2024Source: GTI
Dubai will play host to The No.1 AAM event AIRTAXI World Congress, from October 7-10 at the Grand Hyatt. With its unique format AIRTAXI 2024 offers a comprehensive program featuring Summit, 1-to-1 Meetings, Exhibitions, Live Air Demonstrations, Roundtable Discussions for Regulators and Handling Agencies, Workshops, and extensive Networking Opportunities, designed to facilitate lasting business relationships.... Read more
18-Jun-2024Source: Archer Aviation
Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Signature Aviation, the world’s largest network of private aviation terminals, today announced the signing of an MOU focused on electrifying Signature’s industry-leading network of over 200 airport terminals, giving Archer access to takeoff and landing sites in major metropolitan areas... Read more
18-Jun-2024Source: SkyDrive
SkyDrive Inc. (“SkyDrive”), a leading Japanese eVTOL (*1) aircraft manufacturer, announced that the company has submitted type certificate application of its three-seat eVTOL “SKYDRIVE” (*2) to the Federal Aviation Administration (“FAA”) through the Japan’s Civil Aviation Bureau (“JCAB”). The application was accepted on April 29, 2024. Since its founding, one of SkyDrive’s core ambitions has... Read more
17-Jun-2024Source: Lilium
Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), has signed a collaboration agreement with the Shenzhen-based Bao’an District. Under the agreement, Lilium has established its [APAC] regional headquarters in the district by way of its recently created Chinese entity (力翎航空), meaning “Powerful Wing”. The collaboration will establish Lilium as an active and contributing industry player in the... Read more
14-Jun-2024Source: Archer
Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced that on June 8th its Midnight aircraft successfully completed transition flying at a speed of 100+ mph. Archer has now achieved transition with two different full-scale eVTOL aircraft. Transition is well known in the industry as a very difficult milestone... Read more
7-Jun-2024Source: Airbus Helicopters
Airbus and Avincis, a well-established European helicopter operator, have signed a Memorandum of Understanding (MoU) to partner on the development of Advanced Air Mobility (AAM). The companies will collaborate to explore opportunities for operating electric vertical take-off and landing (eVTOL) aircraft throughout Europe. Through the agreement, Airbus and Avincis will focus on defining the concept of... Read more
7-Jun-2024Source: Eve Air Mobility
Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has named four additional suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. KRD Luftfahrttechnik GmbH (KRD) will supply its KASIGLAS® polycarbonate windows, Latecoere will supply the aircraft’s doors while, RALLC and Alltec will both supply fuselage components. “Eve has assembled a strong list of global and local suppliers with a reputation for not only delivering outstanding quality, but... Read more
5-Jun-2024Source: Archer
Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced its subsidiary, Archer Air, has received its Part 135 Air Carrier & Operator Certificate from the Federal Aviation Administration (FAA). This certificate allows Archer to begin operating aircraft commercially to refine its systems and procedures in advance of launching Midnight... Read more
4-Jun-2024Source: Loft Dynamics
Loft Dynamics, a global leader in virtual reality (VR) flight simulation technology, announced its expansion beyond helicopters to include electric vehicle takeoff and landing (eVTOL) aircraft simulators. As the first and only VR simulator with major regulatory approval, the company is leveraging its proven technology to develop its first VR eVTOL simulator for Dufour Aerospace,... Read more
4-Jun-2024Source: EHang
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced it has signed a memorandum of understanding (“MoU”) with Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. (“Xishan Tourism”) to jointly develop the low-altitude economy in Taiyuan City, Shanxi Province, China. Concurrently with the... Read more
3-Jun-2024Source: Skyportz
Australian vertiport developer Skyportz released today images for riverfront vertiport concepts on the Brisbane River at the annual Advanced Air Mobility summit on the Gold Coast. With the Olympic Games set to be hosted by Brisbane in 2032, and strong support from all levels of government to develop Advanced Air Mobility, the region is shaping... Read more
31-May-2024Source: Pivotal
Pivotal, the market leader in light electric vertical takeoff and landing (eVTOL) aircraft, today announced it has signed an Other Transaction Authority (OTA) contract with the U.S. Air Force and AFWERX Agility Prime. The two-year contract provides Pivotal with access to world-class test facilities, expert resources and multiple sites under restricted airspace. This support from... Read more
31-May-2024Source: LYNEports
LYNEports, a company delivering advanced air mobility planning solutions and services for vertiports and vertical landing infrastructure, and Unisphere GmbH, a company specializing in data analytics and weather management for drones, eVTOLs, and vertiports software solutions, have announced a collaborative agreement. This partnership aims to enrich vertiport and airspace planning with advanced weather intelligence services,... Read more
30-May-2024Source: Dublin City
Dublin City Council is delighted to announce that it has today launched its first Drone and Urban Air Mobility Strategy 2024-2029 for the city. This ambitious and forward-thinking Strategy aims to transform how the city utilises drone technology to enhance public services while understanding their future potential. Increasingly drones are being applied across a range... Read more
30-May-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), announced today that it has successfully concluded its previously announced capital raise, resulting in $114 million of new gross proceeds. The net proceeds from this capital raise provide additional capital needed to... Read more
29-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), and eVolare, a subsidiary of Volare Aviation, one of the United Kingdom’s largest helicopter and private jet operators, announced the signing of binding sale and purchase agreements for the acquisition of 4 Lilium Jets. The... Read more
29-May-2024Source: Blade
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, will present at the 2024 Jefferies eVTOL / AAM Summit on Thursday, May 30, 2024 at 1:15pm ET. A webcast of the event will be available at the link here. A replay will... Read more
29-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), today announced an expansion of its partnership with Luxaviation Group, one of the largest business aircraft and helicopter operators worldwide. The expansion will unlock and leverage ExecuJet’s network of Fixed Based Operations (FBOs)—together with... Read more
29-May-2024Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced the FAA issued for public inspection the final airworthiness criteria for Archer’s Midnight aircraft. This significant regulatory milestone provides the solidified path for Archer to achieve Type Certification for Midnight. Archer is one of two companies in the world... Read more
29-May-2024Source: Lilium
Lilium N.V. (NASDAQ: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), announced that it has launched an underwritten public offering of the Company’s Class A ordinary shares (the “Shares”) and warrants to purchase Shares (the “Warrants” and, together with... Read more
28-May-2024Source: Sikorsky
Sikorsky, a Lockheed Martin company (NYSE: LMT), is conducting flight tests to mature the control laws and aerodynamics of a novel vertical takeoff and landing uncrewed aerial system (VTOL / UAS). The flight tests are intended to prove the efficiency and scalability of a twin proprotor ‘rotor blown wing’ configuration that sits on its tail... Read more
28-May-2024Source: Skyports
We’ve signed a Memorandum of Understanding with the UAE General Civil Aviation Authority (GCAA) to collaborate on the enablement of hybrid operations of eVTOL and helicopter services at the same vertiport or heliport. The collaboration will prioritise two objectives: The development of a Concept of Operations for hybrid operations to assist the GCAA with the... Read more
28-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), UrbanV, the Italian vertiport network operator, and Aéroports de la Côte d’Azur (ACA), managing Nice Côte d’Azur airport, the second largest airport place in France, along with the airports of Cannes Mandelieu and Golfe... Read more
28-May-2024Source: Horizon Aircraft
New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced that the Company will participate in a virtual fireside chat during the Jefferies eVTOL / AAM Summit on Thursday, May 30, 2024 at 9:10am Eastern Time. In... Read more
24-May-2024Source: Loft Dynamics
Loft Dynamics, a global leader in virtual reality (VR) flight simulation technology, announced its expansion beyond helicopters to include electric vehicle takeoff and landing (eVTOL) aircraft simulators. As the first and only VR simulator with major regulatory approval, the company is leveraging its proven technology to develop its first VR eVTOL simulator for Dufour Aerospace,... Read more
23-May-2024Source: Qatar Ministry of Transport
The Ministry of Transport announces it has put plans to test the services of the electric air taxi and electric delivery planes in the early 2025, as the Ministry continues implementing its strategies that aim for developing and operating an integrated mobility ecosystem in Qatar. The Ministry has applied for all the necessary approvals and... Read more
22-May-2024Source: UDOT
The Utah Department of Transportation (UDOT), in collaboration with Utah State University (USU), successfully launched the state’s first air taxi from a vertiport using a Bell 505 Helicopter yesterday. The demonstration showcased how aircraft can take off and land near homes and businesses with minimal impacts. “The successful launch of a simulated air taxi from a vertiport... Read more
22-May-2024Source: Boeing
Boeing [NYSE] today announced plans to invest in several Québec-based enterprises, including a $110 million anchor investment for an Aerospace Development Centre in the new Espace Aéro Innovation Zone. The investments are part of Boeing’s Industrial and Technological Benefits commitment to Canada for its selection of Boeing’s P-8A Poseidon to fulfill its long-term multi-mission aircraft role.... Read more
22-May-2024Source: Lilium
Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), today announced it has started construction of an advanced test facility for integration and certification testing of the Lilium Jet. Designed in partnership with global engineering group SEGULA Technologies and located at Lilium’s headquarters... Read more
22-May-2024Source: Joby
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has signed a Memorandum of Understanding (MoU) with Mukamalah, a wholly owned subsidiary of Saudi Aramco, the operator of the world’s largest fleet of corporate aircraft, to introduce Joby’s aircraft to the Kingdom of Saudi Arabia. The MoU,... Read more
22-May-2024Source: Lilium
The Federal Government of Germany and the Free State of Bavaria have commissioned the state development bank KfW in Frankfurt to conduct due diligence on Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), as part of the customary state support process.... Read more
21-May-2024Source: Eve
Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) and Saudia Technic, the leading MRO service provider in the Middle East, have announced today during the third edition of the Future Aviation Forum in Riyadh, Saudi Arabia, the signature of a Memorandum of Agreement (MoA) to explore the potential demand of Maintenance, Repair and Overhaul (MRO) activities... Read more
