Deals, Funding & Investments News & Articles

The investment leverages Statkraft Ventures' expertise in sustainable energy transition to accelerate the development and commercialization of Electra's nine-passenger production eSTOL aircraft

LIFT and Marubeni have signed an MoU to jointly commercialize LIFT’s HEXA aircraft in Japan, including regulatory approvals and a pre-order option for up to 100 eVTOL aircraft

The Advanced Air Mobility Institute (AAMI) will lease land and a building on the GIA campus for educating and advocating for the broadest public benefit through the AAM ecosystem globally

The partnership agreement represents a commitment from Aeroauto to take delivery of at least 100 GT Slipstream vehicles by the end of 2040

Up to six eVTOL aircraft will be delivered to the Air Force, as well as the sharing of additional flight test data and certification related test reports, pilot training, and development of maintenance and repair operations

Revealed at EAA AirVenture Oshkosh 2023, SkyDrive chooses Avidyne’s Quantum Open Avionics Platform for its three-seat, electric-powered lightweight aircraft

The transaction will accelerate Ampaire's strategy to build and lead the electrification of aviation, driving further profitable growth by expanding into defense, drone, and eVTOL markets

First US pre-order and operational expansion of rural South Carolina eVTOL infrastructure

Through the strategic partnership, Ayjet Flight Training School will play a vital role in developing and implementing tailored training programs for Evfly's eVTOL/eCTOL fleet

Alex Blake joins Elroy as Chief of Staff and Zach Lovering is appointed Vice President of Engineering

The capital raised will enable Lilium to continue development at full pace, covering much of the estimated capital required to achieve its first manned flight of the type-conforming aircraft

Plana will supply its CP-01 aircraft to Hi-Air from 2030 with the first 10 aircraft to be delivered in 2031, and the remaining 20 to follow later

Doroni Aerospace CEO and Founder Doron Merdinger became the first to successfully pilot a two-seater personal electric Vertical Take-off and Landing (eVTOL) in the United States

Through the agreement, the companies will establish an education program and qualification standards for AAM workers, and conduct research and development on maintenance and operation methods for aircraft

We covered a number of significant developments in June 2023, including developments from the Paris Air Show, new partnerships, and investments

The investment is expected to lead to the development of further partnerships across the mobility ecosystem in Korea, led by SKT

The funding round will support expansion of commercial operations across farms nationwide and accelerate the ramp-up of large-scale manufacturing of its SC1 eVTOL aircraft

The avionics suite will simplify the pilot’s decision-making process, as well as improve flight safety and simplify pilot training

Working alongside Milligan, the companies will identify demand-rich locations, select potential sites, and carry out assessment criteria to determine the viability of each site for eVTOL aircraft operations