Deals, Funding & Investments News & Articles

Intel Joins Airspeeder as Intelligence Partner

Intel has joined Airspeeder in a strategic sponsorship agreement to provide end-to-end systems support and insights to help power the world's first flying electric car racing series

Mar 30, 2023
Altaport’s New Partnerships for Vertiport Automation

Altaport has signed strategic partnership agreements with TruWeather, Electro.Aero, Fortem, 1200.aero, ResilienX and Moonware to provide a comprehensive vertiport management solution

Mar 29, 2023
Jetson Welcomes Diamandis as Senior Advisor

Founder of over 25 companies in health-tech, space, venture capital and education, Peter Diamandis joins Jetson, and will use his experience in cutting-edge technologies to help Jetson make strides in sustainability and air transportation

Mar 28, 2023
Ascendance Raises €21 Million to Accelerate Work on eVTOL Aircraft

The new funds give Ascendance Flight Technologies the resources to fly its full-scale prototype, begin certification and scale-up actions for its first aircraft

Mar 28, 2023
Swiss Helicopter Purchases Dufour Aero2 & Aero3 Aircraft

The purchase of the Aero2 and Aero3 aircraft represents a significant step for Dufour Aerospace as all major Swiss civil helicopter operators have now signed letters of intent

Mar 27, 2023
Advanced Air Mobility Weekly Roundup – WC 19 March

A roundup of the week's Advanced Air Mobility news, including developments from Archer, Eve Air Mobility, and Doroni Aerospace

Mar 24, 2023
Former FAA Administrator Appointed to Joby’s Board of Directors

Michael Huerta completed a five-year term as FAA Administrator in 2018, during which the agency earned an unprecedented safety record, he previously served as Acting FAA Administrator from 2011 to 2013 and Deputy from 2010 to 2011

Mar 24, 2023
United & Archer to Launch First Air Taxi Route in Chicago

From Vertiport Chicago, located in the Illinois Medical District, passengers will be able to travel to and from O'Hare International Airport (ORD) via Archer's Midnight aircraft in around 10 minutes

Mar 23, 2023
Doroni Raises $3.5 Million & Achieves Milestone eVTOL Flight Tests

Following the Doroni eVTOL prototype, H1P1, making a short untethered hover test flight, the company revealed to investors they had completed a total 23 test flights with the aircraft

Mar 22, 2023
Terminals Holding & Kookiejar Collaborate on Vertiports

The Memorandum of Understanding (MoU), signed during the The Future of Air Transportation in Mauritania conference in Nouakchott, will see cooperation in building and operating transformational, sustainable vertiports in emerging markets, creating societal value

Mar 21, 2023
VPorts to Build First Vertiport at Ras Al Khaimah Airport in UAE

The Ras Al Khaimah (RAK) vertiport, to be established on a 10,000-square-meter site, is designed to establish the UAE as a world class global Advanced Air Mobility (AAM) hub

Mar 20, 2023
SITA & Volocopter Collaborate on Digital Infrastructure for Vertiports

SITA has been selected as Volocopter's preferred digital and IT systems partner for vertiports, and becomes the latest investor to join the Series E funding round

Mar 20, 2023
Advanced Air Mobility Weekly Roundup – WC 12 March

A roundup of the week's Advanced Air Mobility news, including developments from Vertical Aerospace, Joby, and Archer

Mar 17, 2023
Vertical Opens Advanced Aerospace Battery Facility

The Vertical Energy Center (VEC) based in Bristol will support the design, test, manufacture and commercialization of Vertical's custom-made battery pack for its VX4 eVTOL aircraft

Mar 16, 2023
Autoflug Selected as Seat Supplier for Limosa eVTOL Aircraft

Autoflug will provide its Flyweight Up seats for the seven passenger Limosa LimoConnect eVTOL, foldable seats that can be easily removed from the cabin

Mar 14, 2023
Archer Begins Construction of eVTOL Manufacturing Facility

This type of high-volume manufacturing facility, strategically located adjacent to the Covington Municipal Airport, is believed to be a first for the eVTOL industry and will be capable of producing up to 650 aircraft per year

Mar 13, 2023
Advanced Air Mobility Weekly Roundup – WC 5 March

A roundup of the week's Advanced Air Mobility news, including developments from RYSE Aero Technologies, PteroDynamics, and AIR

Mar 10, 2023
PteroDynamics Raises $7.5 Million to Expand Transwing VTOL

The capital raised will support PteroDynamics' plans to develop larger Transwing aircraft variants, attract engineering talent, and execute on additional contracts

Mar 09, 2023
Partnership to Commercialize Kargo UAS

Revealed at the 2023 HAI Heli-Expo, Kaman and PHI have entered into a master commercial agreement for the promotion, sales, and support of a commercial version of Kaman’s Kargo UAVTM UAS

Mar 08, 2023