Deals, Funding & Investments News & Articles

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

Helijet will integrate the BETA Technologies-designed aircraft into its existing network of helicopters, providing quieter, lower cost, sustainable air transportation for passengers in southwestern B.C. and the Pacific Northwest

LYTE Aviation has received a pre-order for 10 of its 40-seater eVTOLs, the Skybus, worth €400m from Vman Aviation Services, as the company eyes an entry into the Indian market

ArcosJet has been appointed an exclusive dealer of Lilium Jet for private sales in the United Arab Emirates (UAE), Israel and Republic of Cyprus, and becomes Lilium’s first reseller in the Middle East and its fifth global dealer

Archer Aviation has entered into an agreement with Abu Dhabi Investment Office (ADIO) to commence air taxi operations in Abu Dhabi in 2026

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