Deals, Funding & Investments News & Articles

Lilium Appoints New CFO and CCO to Continue eVTOL Development

Lilium has announced the appointment of Oliver Vogelgesang as Chief Financial Officer (CFO) and Sebastien Borel as Chief Commercial Officer...

Jan 16, 2023
Altaport Builds Vertiport Automation System for eVTOL Aircraft

Altaport Inc. has built a vertiport automation system (VAS) to facilitate the future of travel by automating ground infrastructure operations,...

Jan 16, 2023
ASX Supplying eVTOL Aircraft to Transport US Mail

Airspace Experience Technologies (ASX) has signed an agreement with Mail Management Services (MMS) to deliver eVTOL aircraft to transport United...

Jan 13, 2023
Former JOSC Commander Lt. Gen. Scott Howell Joins Joby Advisory Board

Joby Aviation Inc., has announced the appointment of Lt. Gen. (ret) Scott Howell, former Commander of the Joint Special Operations...

Jan 12, 2023
LCI and Elroy Sign Agreement for 40 Chaparral VTOL Aircraft

LCI, part of Libra Group, has signed an agreement with Elroy Air to purchase up to 40 Chaparral VTOL aircraft...

Jan 11, 2023
FAA and Korea Collaborate on AAM Development

The Federal Aviation Administration (FAA) has announced an agreement with the Korea Office of Civil Aviation (KOCA) to partner on...

Jan 10, 2023
Stellantis to Mass Produce Archer’s eVTOL Aircraft

Stellantis has agreed to manufacture Archer Aviation’s eVTOL aircraft, Midnight, and will provide up to $150 million to accelerate production....

Jan 05, 2023
New Partnership Formed to Develop eVTOL Infrastructure in South Korea

Aviation start-up VMIC has signed an agreement with Volatus Infrastructure to serve as its business development team in South Korea....

Jan 04, 2023
EHang Plans Qingdao Expansion with New Regional Headquarters

EHang has announced a new partnership with Qingdao West Coast New Area, one of China’s national new areas in Shandong...

Dec 28, 2022
Eve to Receive $92.5 Million BNDES Funding for eVTOL Development

Eve Air Mobility has announced the approval by the executive board of Brazil’s National Development Bank (BNDES) for two credit...

Dec 28, 2022
Partnership Formed to Deploy Wisk eVTOL Air Taxis in Australia

Wisk Aero, developer of the first all-electric, self-flying air taxi in the U.S., has announced a partnership with the Council of...

Dec 19, 2022
New Project to Deploy EHang AAVs for Sightseeing Tours in China

EHang has received an initial purchase order for five EH216 AAVs from Tianxingjian Cultural Tourism Investment and Development LLC with...

Dec 19, 2022
EHang AAV Begins Trial Operations for Spanish National Police

EHang has announced a successful maiden flight of its EH216 Autonomous Aerial Vehicle (AAV) by the Spanish National Police (SNP),...

Dec 16, 2022
LikeAbird Joins Inmarsat’s Velaris Partner Network

LikeABird has joined Inmarsat’s Velaris Partner Network to spearhead innovation in unmanned aviation. LikeABird will be joining a number of...

Dec 09, 2022
ADMC Grows VTOL Air Cargo Drone Fleet in Deal with Sabrewing

Arabian Development and Marketing Corporation (ADMC) has agreed a deal with Sabrewing Aircraft to purchase 53 Rheagal-A VTOL Air Cargo...

Dec 09, 2022
New York Students Virtually Pilot Joby eVTOL Aircraft

Aviation High School students in New York City had the opportunity to try out an eVTOL aircraft in a virtual-reality...

Dec 09, 2022
Eve and FlyBIS Collaborate for eVTOL Development in South America

Eve Air Mobility and FlyBIS Aviation have signed a Letter of Intent (LOI) to develop eVTOL operations in Brazil and...

Dec 08, 2022
Lilium Plans UK eVTOL Network

Lilium is expanding into the UK market following an agreement with eVolare for ten Pioneer Edition Jets, and the option...

Dec 05, 2022
Archer Aviation Selects Site for eVTOL Manufacturing Facility

Archer Aviation Inc. has announced plans to build an eVTOL production facility in Covington, Georgia, adjacent to the Covington Municipal...

Nov 29, 2022