Deals, Funding & Investments News & Articles

Embention will provide its Veronte Autopilot system for the Moya eVTOL, supporting autonomous flight control as Moya Aero moves toward certification and global regulatory compliance

Abdul Latif Jameel and Joby Aviation are joining forces to launch electric air taxi services in Saudi Arabia, focusing on aircraft distribution, operations, and support

Eve Air Mobility has secured non-repayable funding from FINEP, marking its first grant to support digital platforms and sustainable air mobility solutions

UrbanV and Future Flight Global have partnered to launch Advanced Air Mobility services, starting in Rome and expanding into key international markets

Samson Sky has named Beyond Motors as the primary electric motor supplier for the Switchblade Flying Car, featuring an estimated 100+ mph ground speed and 160 mph cruise speed in the air

Joby Aviation has secured a $250 million investment from Toyota, advancing their partnership to support electric air taxi certification, production, and future manufacturing collaboration

Sora Aviation has partnered with Sophrodyne Aerospace to refine the aerodynamic design of its S-1 tiltrotor eVTOL using advanced AI tools, focusing on modeling the complex interactions between the aircraft’s propulsors and airframe

Wisk Aero and NASA have launched a five-year research partnership to advance autonomous flight systems and integrate self-flying air taxis into national airspace

UrbanLink has expanded its REGENT seaglider order to 47, accelerating plans to launch zero-emission coastal transportation in Florida and Puerto Rico by 2027

We covered a number of significant developments in April 2025, including developments from Archer Aviation, Electra, and Skyportz

TCab Tech has secured a major 100-aircraft eVTOL order from BOC Leasing, advancing its commercial rollout and strengthening industry-finance collaboration in China

Skyports has revealed a significant investment from ACS Group, expanding its vertiport and drone service capabilities, and further advancing its global infrastructure and transportation solutions

Electra has secured $115 million in a Series B funding round led by Prysm Capital to advance its EL9 Ultra Short aircraft, bringing the hybrid-electric platform closer to the pre-production and certification phase

Ventura County is making a major move toward becoming a regional leader in AAM with the launch of a new Innovation Center, backed by a $550,000 grant from Uplift Central Coast

Sora Aviation has developed its first battery module prototypes for the S-1, a 30-seat eVTOL 'bus', through a technical collaboration with TWI and Innovate UK

Archer and Ethiopian Airlines have signed an agreement and will now work to bring an all-electric air taxi network to the region using Archer’s Midnight eVTOL aircraft

The UK government has pledged over £20 million to advance eVTOL and drone technologies, streamlining regulations and accelerating commercialization to enhance public services, sustainability, and economic growth

LYTE Aviation has partnered with LYNEports and Bluenest to develop vertiport infrastructure in the Middle East, supporting the region’s push for sustainable advanced air mobility solutions