Deals, Funding & Investments News & Articles

TCab Tech Raises $20 Million to Advance eVTOL Development

TCab Tech intends to accelerate the development of its E20 5-seater eVTOL, which has a maximum range of 200km and a cruising speed of 260km/hour

Apr 02, 2024
eVTOL Flight Tests for School of Engineering Project

The ZHAW School of Engineering conducted electric vertical take-off and landing (eVTOL) flight tests to validate its VTOL digital twin model, aiming to streamline the development of future eVTOL aircraft

Mar 28, 2024
Incheon’s AAM Concept of Operations Released

The Concept of Operations outlines Incheon City's objectives and priorities for AAM, providing a comprehensive strategy for successful integration into its transportation network

Mar 25, 2024
AAM Institute & ANCI Toscana Partner to Develop Advanced Air Mobility in Italy

The partnership, focused on the Tuscany region, will involve joint projects with local governments, businesses, universities, research centers, and civil society

Mar 21, 2024
Joby Delivering eVTOL Aircraft to MacDill Air Force Base

The two eVTOL aircraft Joby Aviation is supplying to MacDill Air Force Base (AFB) will be used by personnel for testing and training on base and in the surrounding area

Mar 19, 2024
Private Charter Operator Pre-Orders SkyDrive eVTOLs

Bravo Air and SkyDrive's Letter of Intent (LoI) involves the purchase of up to five SD-05 eVTOL aircraft with an agreement to partner in developing commercial use cases originating from Augusta Regional Airport

Mar 15, 2024
Virginia Takes Action to Prepare Airport Infrastructure for Advanced Air Mobility

Up to $200,000 has been made available to each public-use airport in Virginia that is interested in improving its readiness for the launch of Advanced Air Mobility (AAM) services

Mar 08, 2024
UK’s First Vertiport Testbed Planned for Air Taxi Industry

The new vertiport at Bicester Motion, Oxfordshire, will include a compact 160 sq m passenger terminal and will be a critical facility for testing ground infrastructure and flight operations

Mar 06, 2024
Airbus & LCI Partner on Development of AAM Ecosystems

The Airbus-LCI collaboration will focus on the development of partnership scenarios and business models in three core advanced air mobility (AAM) areas, strategy, commercialisation, and financing

Mar 05, 2024
Ghenus Air Pre-Orders LYTE Aviation eVTOLs

With 10 pre-orders for LYTE Aviation's eVTOLs, the 40-seater LA-44 SkyBus, the SkyTruck LA-44C cargo variant, and 19 seater prime variant LA-44 X Prime, Ghenus Air is expanding its door-to-door market for corporate executives, business owners and group tours

Feb 29, 2024
Eve Selects Suppliers for eVTOL Wings & Pilot Controls

Aciturri will be responsible for the development and manufacturing of the wing skins and spars, whilst Crouzet will supply the pilot controls, specifically the inceptor (control stick)

Feb 27, 2024
Strategic Partnerships to Develop Advanced Air Mobility in Asia-Pacific Region

Supernal's partnerships with the Singapore Economic Development Board (EDB) and Civil Aviation Authority of Singapore (CAAS) will drive a variety of activities such as identifying potential use cases and public engagement for AAM

Feb 22, 2024
Eve Air Mobility & SkyScape Urban ATM Agreement in Japan

The two companies will collaborate in various different ways including promoting Urban Air Mobility (UAM) in Japan and the test and trial of Urban ATM (air traffic management) software including data collection and sharing

Feb 21, 2024
Lilium & PhilJets to Launch eVTOLs in Asia

A Memorandum of Understanding (MoU) signed at the Singapore Airshow includes the intent to purchase 10 Lilium Jets, as well as a future strategic collaboration on the establishment of an eVTOL operation network across the Philippines and other Southeast Asia countries

Feb 21, 2024
Vertical Secures Funding to Develop Propellers for VX4 eVTOL

The project is the third awarded to Vertical Aerospace by the Aerospace Technology Institute (ATI) Programme and brings the total UK Government funding to £37 million

Feb 20, 2024
Surf Air Mobility & Electra Enter Agreement to Bring eSTOL Aircraft to Market

Surf Air has secured early delivery positions for 90 Electra eSTOL aircraft for integration into the company's national flight network including Southern Airways Express and Mokulele Airlines

Feb 19, 2024
Sirius Aviation & MEHAIR Agreement for Hydrogen VTOL Jets

The agreement includes 50 firm orders for the Sirius Millennium hydrogen VTOL, with an option for 50 more, and calls for the establishment of final assembly lines, comprehensive training, and designing and operating vertiports

Feb 15, 2024
Air Taxi Services to Launch in Dubai

Set to launch commercially by 2026, the initial network will include four vertiports located by Dubai International Airport (DXB), Palm Jumeirah, Dubai Downtown and Dubai Marina

Feb 12, 2024
First Order for AMSL Aero’s Hydrogen-Powered VTOL

Aviation Logistics has placed an order for up to 20 Vertiia hydrogen-powered VTOL and plans to use the aircraft through its associated companies Air Link, AirMed and Chartair covering passenger services, aircraft charter, air freight and aeromedical flights

Feb 07, 2024