Deals, Funding & Investments News & Articles

Hyundai Plans AAM Ecosystem in Indonesia

Hyundai and Nusantara Capital City Authority have signed a Memorandum of Understanding (MoU) to work together to introduce an Advanced...

Nov 29, 2022
SkyDrive Receives Order For 100 eVTOL Aircraft

Japanese eVTOL manufacturer SkyDrive Inc. has received an order from renewable energy company Pacific Group Co Ltd for a fleet...

Nov 28, 2022
New Funding Supports Commercialization of Battery Cells for eVTOL Market

Ionblox (previously known as Zenlabs Energy), a high-performance lithium-ion cell company, has closed a $24 million Series B funding round...

Nov 15, 2022
Saudi Arabia’s NEOM Invests in Electric Urban Air Mobility

NEOM, the sustainable regional development in northwest Saudi Arabia, has announced a USD 175 million Series E investment in Volocopter in order...

Nov 14, 2022
Volocopter Attracts New Investors for UAM Project

Urban Air Mobility (UAM) company Volocopter has raised an additional USD 182 million in the second signing of the Series E funding round...

Nov 07, 2022
EHang and HAECO Group Explore Advanced Air Mobility Partnership 

A new memorandum of understanding has been signed between EHang and HAECO Group, which outlines a potential partnership in multiple...

Oct 31, 2022
Lilium, SAUDIA to Introduce eVTOL Network to Saudi Arabia

SAUDIA and Lilium have signed a Memorandum of Understanding for the proposed development and operation by SAUDIA of an eVTOL...

Oct 27, 2022
Partnership Formed to Explore VTOL Maintenance Solutions

Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) and Ascendance Flight Technologies have announced the signing of a...

Oct 23, 2022
Electra Achieves Milestone 1,000th Sale of Sustainable eSTOL Aircraft

Electra has signed a letter of intent with Welojets for 32 electric short takeoff and landing (eSTOL) aircraft, bringing Electra’s...

Oct 21, 2022
Leading Fuel Cell Stack Innovator HyPoint Acquired by ZeroAvia

Fuel cell stack innovator HyPoint has been acquired by ZeroAvia, the hydrogen-electric aviation pioneer developing zero-emission solutions for commercial aviation. The...

Oct 14, 2022
RTX Ventures Invests in H55 to Advance Electric Propulsion Technologies for Air Mobility Applications

The venture capital arm of Raytheon Technologies, RTX Ventures, has made a minority investment in electric propulsion system company H55 to drive the...

Oct 13, 2022
Partnership Developing Sustainable Home-to-Airport Transportation Service

Delta Air Lines is embarking on a multi-year, multi-market commercial and operational partnership with Joby Aviation, Inc. with the aim...

Oct 11, 2022
GlobeAir to Purchase 12 Lilium Jets for Premium eVTOL Flights to the French Riviera and Italy

Under a new agreement with eVTOL developer Lilium, GlobeAir intends to purchase 12 Lilium Jets to provide premium and business...

Oct 05, 2022
SkyDrive and Volatus Partner to Accelerate AAM in Japan and US

SkyDrive and Volatus have announced a strategic alliance and will work together to support business development and market expansion of...

Sep 28, 2022
BLADE, Eve Partnership to Expand Urban Air Mobility Ecosystem in India

A new strategic partnership between Flyblade India (BLADE India) and Eve Air Mobility aims to expand the UAM ecosystem in...

Sep 27, 2022
Air Canada Signs Purchase Agreement for 30 ES-30 Electric Regional Aircraft

Air Canada has agreed to purchase 30 ES-30 electric-hybrid aircraft under development by Heart Aerospace of Sweden. The revolutionary regional aircraft,...

Sep 26, 2022
Airbus Extends Collaboration with Ecocopter for UAM services in Latin America

Airbus and Ecocopter have signed a Memorandum of Understanding to start collaborating on the launch of urban air mobility services...

Sep 23, 2022
Flapper Partners with Destinus for High-speed Cargo Flights in Latin America and Europe

On-demand air charter service company, Flapper, has signed a letter of intent with Destinus SA, a European aerospace company that develops...

Sep 22, 2022
Sojitz Invests in BETA Technologies to Build Advanced Air Mobility Market in Japan

Sojitz Corporation will invest in U.S.-based eVTOL aircraft developer BETA Technologies Inc., to form a collaboration with the aim of...

Sep 20, 2022