Deals, Funding & Investments News & Articles

The sale of Pegasus aircraft to a Scottish investor not only reflects ARC Aerosystems capability to meet current aviation demands but also highlights its role in shaping the future of VTOL technology

The investment from Vertical's Founder and CEO Stephen Fitzpatrick extends projected cash runway into Q2 2025 and will support the continued development of the certification aircraft design

Horizon Aircraft has signed a Letter of Intent (LoI) with Indian regional air operator JetSetGo for the purchase of up to 100 eVTOLs, worth up to $500 million

The funding was secured through a third-party allotment of new shares, purchased by Suzuki Motor Corporation, and will accelerate the development and manufacturing of the company's eVTOL aircraft

Pivotal has begun online sales for the Helix eVTOL at a starting price of $190,000, with first customer shipments set for June 2024

JSX is poised to offer increased access to reliable flight services for underserved communities across the United States with its acquisition of hybrid-electric aircraft from Electra, Heart Aerospace, and Aura Aero

A long-term strategic partnership has been established between EHang and Wings Logistics Hub to introduce EHang's autonomous electric vertical take-off and landing aircraft (eVTOL) to the United Arab Emirates (UAE)

Joby, ANA Holdings and Nomura Real Estate Development plan to jointly explore the design, location, operation, and financing of vertiport locations that will serve as the backbone of future commercial air taxi services in Japan

7 Reis Farm, in Mato Grosso State, Brazil, will use the electrical vertical take-off and landing (eVTOL) aircraft to spray soybean plantations

The award will enable Piasecki to demonstrate its Aerial Reconfigurable Embedded System (ARES) tilt-duct vertical take-off and landing (VTOL) unmanned aerial system (UAS) and hydrogen fuel cell propulsion technologies

The new collaboration will enable Ascendance to offer Helipass users a sustainable, low-carbon alternative, enhancing the appeal of the platform to a broader customer base

The $9.8 million California Competes grant will support expansion of manufacturing footprint in Marina, CA, creation of 690 new roles, and enable acceleration of early manufacturing to support initial commercial operations

Air Chateau and Archer Aviation signed a Memorandum of Understanding (MoU) at the Dubai Airshow covering the planned purchase and providing for an initial pre-delivery payment of $1 million

Following ArcosJet's recent private sales distribution agreement with Lilium, the company has acquired 10 Lilium Jet eVTOLs for delivery in 2026 and 2027

The all-electric air taxi service is set to be established by 2026, transporting passengers from Delhi's Connaught Place to Gurugram in just 7 minutes, compared to the usual 60-90 minutes by car

Honeywell's AAM business unit has secured contracts worth over $10 billion developing vital partnerships with industry leaders such as Archer, Lilium, Pipistrel, Supernal and Vertical Aerospace

Michelin's tires are specially designed to facilitate safe vertical take-off and landing operations, delivering exceptional performance while adhering to stringent weight limits

The 50 Moya Aero eVTOLs are being purchased for operation in agribusiness, and will be an essential tool in expanding MineToo's operations

Fototerra, a Brazilian aerial survey company, plans to use Moya Aero's eVTOL for digital aerial photogrammetry, hyperspectral digital aero photogrammetry, LiDAR surveys and environmental observation