Deals, Funding & Investments News & Articles

Thales Australia & Underwood Innovation Labs to Establish AAM Centre in Queensland

The Advanced Air Mobility Centre of Excellence (AAM COE) will facilitate the growth of scalable and collaborative UAV ecosystem in AAM, create high-skilled job, and provide access to indoor, virtual and physical airspace for design and testing

Sep 20, 2024
Volar Air Mobility & Etihad Aviation Training to Collaborate on Advanced Electric Aircraft Operations

The Memorandum of Understanding (MoU) focuses on research and development (R&D) in electric aircraft operations, innovative sustainability projects, and regulatory engagement with UAE authorities

Sep 17, 2024
SkyDrive & Osaka Metro to Work Towards Implementation of eVTOLs

SkyDrive and Osaka Metro will explore detailed business plans and operations to determine how they can practically use eVTOL technology

Aug 30, 2024
Future Flight Global to Purchase 116 eVTOLs from Archer

The deal to acquire Archer's Midnight eVTOLs is worth up to $580 million and brings the company's prospective order book to nearly $6 billion

Aug 20, 2024
AAM Institute Partners with Flyv Bird

The collaboration between the Advanced Air Mobility Institute and Flyv Bird aims to redefine air mobility by offering innovative, sustainable, and personalized flight experiences to undeserved communities

Aug 19, 2024
USAF Receives First Midnight eVTOL from Archer

Archer has delivered the Midnight eVTOL to the U.S. Air Force (USAF) for evaluation as part of Archer's AFWERX Agility Prime contract worth up to $142 million

Aug 16, 2024
Skyportz Secures Orders for Vertipad Units Following Farnborough Airshow

The modular vertipad solution addresses a multitude of issues from passenger safety, battery fires, to insurance risks, and can be placed on airport tarmacs or on new vertiport sites

Aug 13, 2024
AAM Operator Agrees Deal for Luxury Water Taxis

UrbanLink will purchase 20 Artemis EF-12 Escape crafts, a zero-emission luxury water taxi, with plans to operate in designated locations in Florida, California and the Caribbean

Aug 05, 2024
Xishan Tourism Receives EHang Pilotless eVTOL Aircraft

The first batch of 10 units of EH216-S pilotless eVTOL aircraft will be deployed for local low-altitude sightseeing and tourism services

Aug 01, 2024
Collaboration to Launch Regional Air Mobility Network

Lilium, SEA Milan Airports, and Skyports have partnered to launch an eVTOL network in Italy, integrating with the region’s existing mobility solutions to provide faster, low emission travel

Jul 30, 2024
Saudia Group to Acquire Up to 100 Lilium eVTOL Jets

Saudia Group and Lilium have signed a sales agreement for up to 100 Lilium eVTOL Jets, expected to reduce regional travel times by up to 90% and support Hajj and Umrah pilgrimages

Jul 26, 2024
CRISALION Mobility Expands to Australia with 100-Aircraft Deal

CRISALION Mobility has signed a pre-order agreement with Wilbur Air for 100 Integrity aircraft at Farnborough International Airshow

Jul 25, 2024
Investment Made into eVTOL Manufacturer

Nidec will make a minority equity investment in Eve Air Mobility, initially providing Eve with an electric propulsion system and later doing the same for other companies in the AAM space

Jul 12, 2024
SkyDrive to Conduct eVTOL Implementation Study in Japan

SkyDrive has partnered with JR Kyushu to commence a feasibility study for the introduction of SKYDRIVE eVTOL in the Kyushu region of Japan

Jul 08, 2024
Stellantis Makes Additional Investment in eVTOL Maker Archer

Investment under the companies' strategic funding agreement builds on the $39 million worth of open market purchases of Archer stock that Stellantis completed earlier this year

Jul 05, 2024
AAM Institute Joins with CEEVO to Advance UAM in France

This partnership aims to collaborate on advancing sustainable urban air mobility (UAM) in the greater Paris region, fostering innovation, public awareness, and regulatory advancements in the AAM sector

Jul 05, 2024
Electric Aircraft Initiative for Swedish Island

Heart Aerospace is working to support sustainable, commercial electric air travel to and from Swedish Region Gotland, exploring operational needs, technical requirements, and ground infrastructure demands

Jul 03, 2024
Wisk Acquires Verocel to Accelerate Autonomous eVTOL Software Certification

Verocel's expertise in the certification of high-integrity software will play a key role in Wisk's efforts to certify its Generation 6 autonomous, electric air taxi

Jun 27, 2024
Crisalion Mobility Reaches eVTOL Aircraft Agreement with iJet

CRISALION Mobility is driving sustainable aviation in Malaga through a cooperation agreement with iJet which includes new routes in the region

Jun 20, 2024