Deals, Funding & Investments News & Articles

BETA Technologies has raised $318 million in funding to expand production and certification of its electric aircraft and propulsion systems, including the ALIA CTOL and VTOL models

Work at Lilium’s subsidiaries continues, with the more than 1,000 employees engaged in progressing towards the next major program milestone, first manned flight

UrbanV and Korea Airports Corporation (KAC) will engage in multiple joint activities as part of the collaboration, including ecosystem creation, exchange of technical, operational and regulatory expertise and data

Aviant has been awarded the $1 million grand prize from round eight of the GENIUS NY accelerator, recognizing its innovative autonomous drone delivery solutions that enhance logistics efficiency

The funding will strengthen Eve Air Mobility's balance sheet and support the company's eVTOL aircraft research and development program

Partnership will further inform Supernal’s eVTOL product and mature companies’ commercial efforts

German eVTOL maker Lilium has revealed plans to file for self-administered insolvency after failing to secure crucial government funding

Brazil’s National Development Bank (BNDES) has approved the financing to support the development of Eve’s manufacturing facility in São Paulo, Brazil

VEGA (Vertical Gateway), a venture between Skyports, SEA Milan, and 2i Aeroporti, is to launch operations between Malpensa Airport and Central Milan, and will then focus on scaling operations to other parts of Lombardy, and potentially other regions

Whisper Aero will combine its next-gen cleaner, quieter, more efficient thrusters with EPS EPiC Energy and EPiC Power batteries for certifiable powertrains on Part 23 aircraft

Dubai's Parkin Company and Skyports Infrastructure are set to collaborate on the provision of parking facilities at applicable vertiport sites and explore opportunities to develop new air taxi infrastructure

EVFLY is set to expand its operations into Indonesia, Thailand, Singapore, Malaysia, Cambodia, and Vietnam, and has acquired the first UAVs from ABZ Innovation

In its partnership with Eviation, UrbanLink Air Mobility will purchase 10 Alice aircraft, 9-passenger, zero-emission commuter aircraft, with the option to acquire 10 additional aircraft, enabling eco-friendly commutes up to 250 nautical miles nonstop

Toyota Motor Corporation's additional investment in Joby Aviation will support certification and commercial production of the company's electric air taxi

Calhoun County EMS and Jump Aero will partner to trial the JA1 Pulse eVTOL to improve first responder operations in rural areas

Hosted by Houston-based aircraft brokerage EMCJET the Lilium Jet has been showcased in the U.S. and an infrastructure partnership agreement has been signed with Galaxy FBO

UrbanLink Air Mobility has ordered 27 all-electric seagliders from REGENT Craft, with plans to begin operations in South Florida and Puerto Rico by 2027, further expanding its electric transportation ecosystem

Braid Technologies and SkyDrive have completed initial phases of a collaboration to solve complex design challenges, drawing on AI to generate structural patterns for eVTOL development

Flights operated via Odys' aircraft provide a low-carbon air cargo alternative for routes across the South Pacific and will open up new emergency medical routes