Deals, Funding & Investments News & Articles

The investment is expected to lead to the development of further partnerships across the mobility ecosystem in Korea, led by SKT

The funding round will support expansion of commercial operations across farms nationwide and accelerate the ramp-up of large-scale manufacturing of its SC1 eVTOL aircraft

The avionics suite will simplify the pilot’s decision-making process, as well as improve flight safety and simplify pilot training

Working alongside Milligan, the companies will identify demand-rich locations, select potential sites, and carry out assessment criteria to determine the viability of each site for eVTOL aircraft operations

WEFLO provides vehicle sensor expertise that Volatus will use at its maintenance and repair facilities to assist with service and maintenance programs for eVTOL aircraft

The agreement covers the exploration of commercial and engineering partnerships, specifically around the entire electric powertrain ranging from the electrical propulsion system (EPS), battery units, and power distribution system to wider engineering services

The aaminternational.com roundup of news from the 2023 Paris Air Show featuring SkyDrive, Volocopter and Archer

The agreement establishes that Eve will have the opportunity to utilize Nordic Aviation Capital's (NAC) global presence and asset management knowledge while NAC will acquire eVTOLs to be leased to fleet operators

Formally marked by a signing ceremony at the 2023 Paris Air Show, the two companies will work together to design and produce high-performance, low-noise, and efficient propulsion systems for the hybrid CP-01 aircraft

The partnership will facilitate the movement of people more rapidly and efficiently while being instrumental in delivering some of the first premium eVTOL flights within Europe

Nidec Aerospace is to provide the electric propulsion system, BAE Systems will provide an advanced energy storage system, alongside DUC Hélice, supplying the rotors and propellers

Construction is underway on the eVTOL aircraft manufacturing facility in Covington, Georgia, that will initially be capable of producing up to 650 aircraft per year with room for expansion to support production of up to 2,300 aircraft

ADAC Luftrettung is to purchase the two VoloCity aircraft it reserved in 2020, and intends to secure 150 additional units of eVTOLs specifically for its future Emergency Medical Services (EMS) and rescue missions

The goal of the headquarters is to represent Lilium in China and the Asia-Pacific region and to facilitate Lilium Jet sales, services, and support in the area

The €4.6 million funding, by the Hungarian Investment Promotion Agency and Ministry of Foreign Affairs and Trade, will support research and development

The two companies will design, test, and refine a new passenger processing and operating ecosystem to support the first flight between Fiumicino Airport and Rome’s city center

Archer’s Midnight will be the featured electric vertical take-off and landing (eVTOL) aircraft at the Paris Air Show, positioned in the center of the Air Mobility event, located in Hall 5 at Le Bourget Airport

The multifaceted agreement will see Volatus Infrastructure provide global vertiport and charging station solutions for the Aeroauto eVTOL sales and services centers

Silent, mid-endurance electric VTOL fixed-wing sUAS Vector delivers real-time, high-resolution downlink imagery to operators performing mid-range reconnaissance missions