Deals, Funding & Investments News & Articles

LYTE Aviation secures €500 million conditional purchase agreement from Vman Aviation for 10 SkyClinic VTOL flying hospitals, targeting deployment in India to support advanced medical response in underserved regions

Horizon Aircraft and MHIRJ join forces to accelerate flight testing and certification for the Cavorite X7 eVTOL

TCab Tech and RortiX sign strategic agreement for 100 tilt-rotor aircraft and collaboration on next-generation intelligent eVTOL development

We covered a number of key developments in March 2026 on AAMI, including updates from Archer, Eve Air Mobility, and NASA

Samson Sky signs MOU to support aviation development in Tajikistan, including regulatory assistance, training programs, and a planned 50-unit Switchblade deployment to enhance connectivity and tourism across the region

Electra has joined Virginia’s Advanced Air Mobility Smart Airspace Program to design and test a low-cost, GPS-based IFR network intended to separate AAM traffic from conventional aircraft and support all-weather operations

Skyportz and AirMobility launch new collaboration to deploy the patented Aeroberm™ system to address downwash and safety challenges in Japanese urban air mobility infrastructure

SkyGrid and Port San Antonio have signed an agreement to develop the digital infrastructure, flight rules, and operational frameworks required to scale autonomous and crewed aircraft at the 1,900-acre Tech Port joint-use airfield

Vertical Aerospace joins forces with AHQ Group and NIDC to establish a localized electric aviation ecosystem in Saudi Arabia

A new agreement for 10 SkyDrive SD-05 aircraft aims to solve critical healthcare transport challenges across the Penghu Islands

Vertical Aerospace has signed an MoU with JetSetGo covering the intended pre-order of 50 Valo aircraft and joint development of electric and hybrid-electric aviation services in India

A federal grant of $250,000 will help Skyportz transition its modular, elevated landing platform from concept to prototype to address critical safety and operational challenges in urban environments

Evolito will supply high-performance electric propulsion units to meet rigorous airliner-level safety standards for Vertical Aerospace’s flagship Valo aircraft

BETA Technologies has collaborated with Surf Air Mobility and the Hawaii Department of Transportation on an eIPP application to support early integration of electric aircraft into Hawaii’s commuter airline network

New flight corridors in the Kansai region aim to reduce travel times by 80% as the partnership targets piloted demonstration flights by 2026

Eve Air Mobility has obtained $150 million in debt financing from a group of major banks to support the development, certification, and future commercialization of its eVTOL aircraft, bringing the company’s total funding to $1.2 billion

A new strategic agreement brings AI-powered fleet management software to the Omani aviation sector to support the growth of advanced air mobility

A landmark agreement establishes the pricing and delivery framework for zero-emission aviation across the Dubai skyline starting in 2028