Deals, Funding & Investments News & Articles

This marks the first time Lilium Jets, or any eVTOL aircraft, will be available for private purchase in the U.S. market, with initial focus on key cities in Texas including Austin and Houston

At SEOUL ADEX 2023, Overair and Hanwha Systems forged three strategic partnerships, including the Letter of Intent (LoI) for 20 Butterfly eVTOL aircraft with HeliKorea

SkyDrive has been granted 12.4 billion yen (around $82.7 million) which will support the development of innovative technologies aimed at enhancing future social implementation, including reducing traffic congestion and lower emissions

Archer’s goal is to transform urban travel, replacing long ground commutes with 10-20 minute electric aircraft flights that are safe, sustainable, low noise and cost competitive

The U.S. Air Force has paid Archer Aviation nearly $1 million for a mobile flight simulator as the first installment of contracts worth up to $142 million

The platform will help build upon and calculate where best to position Volatus Infrastructure & Energy (VI&E) Solutions vertiports to expedite travel time without compromising safety

Shenzen Boling Holding Group will deploy the EH216-S Autonomous Aerial Vehicles (AAVs) for activities such as aerial sightseeing and experience flights

SK Telecom and Joby Aviation will combine their expertise and resources to undertake flight testing that is designed to support the development of the Urban Air Mobility (UAM) sector in Korea

Ferrovial and Georgia Tech enter a master agreement to focus on innovation in transport infrastructure to develop a more sustainable future of mobility

The joint venture will establish an advanced air mobility (AAM) infrastructure ecosystem in the Oceania region, develop a wheelchair accessible solar-powered lift and integrate Ace VTOL's open-sourced artificial intelligence (AI) unmanned traffic management (UTM)

EHang plans to cooperate with Shenzhen Inx Technology (Inx) on the research, development and production of solid-state lithium metal batteries for its autonomous aerial vehicle (AAV) products

Joby's facility in Dayton will be capable of delivering up to 500 electric vertical take-off and landing (eVTOL) aircraft per year, supporting 2,000 jobs

Korean aircraft leasing company Solyu has agreed a pre-order for up to 50 SkyDrive three-seater electric vertical take-off and landing (eVTOL) aircraft

Safran and Cuberg will combine their technologies and expertise to create a high performance propulsive energy storage system for future generations of aircraft

The JA1 Pulse eVTOL is designed to help medical professionals arrive at the scene of a rural emergency as fast as possible with critical life-saving equipment

The companies will explore eVTOL passenger and cargo transport services in the US and UK with Bristow placing an order for two Volocopter VoloCity eVTOL aircraft and an option to purchase a further 78 aircraft

A Memorandum of Understanding (MoU) has been signed naming Volatus as the preferred infrastructure partner for Ace VTOL whilst also establishing a joint business development relationship

An operator of private jet experiences, flyExclusive will leverage its customer knowledge to provide feedback to the Nexus team on optimal cockpit and cabin experience

Astronics Corp confirms purchase orders from ten eVTOL manufacturers for electrical power distribution, conversion, and vehicle charge control capabilities