Deals, Funding & Investments News & Articles

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

WEFLO provides vehicle sensor expertise that Volatus will use at its maintenance and repair facilities to assist with service and maintenance programs for eVTOL aircraft

The agreement covers the exploration of commercial and engineering partnerships, specifically around the entire electric powertrain ranging from the electrical propulsion system (EPS), battery units, and power distribution system to wider engineering services

The aaminternational.com roundup of news from the 2023 Paris Air Show featuring SkyDrive, Volocopter and Archer

The agreement establishes that Eve will have the opportunity to utilize Nordic Aviation Capital's (NAC) global presence and asset management knowledge while NAC will acquire eVTOLs to be leased to fleet operators

Formally marked by a signing ceremony at the 2023 Paris Air Show, the two companies will work together to design and produce high-performance, low-noise, and efficient propulsion systems for the hybrid CP-01 aircraft

The partnership will facilitate the movement of people more rapidly and efficiently while being instrumental in delivering some of the first premium eVTOL flights within Europe

Nidec Aerospace is to provide the electric propulsion system, BAE Systems will provide an advanced energy storage system, alongside DUC Hélice, supplying the rotors and propellers

Construction is underway on the eVTOL aircraft manufacturing facility in Covington, Georgia, that will initially be capable of producing up to 650 aircraft per year with room for expansion to support production of up to 2,300 aircraft

ADAC Luftrettung is to purchase the two VoloCity aircraft it reserved in 2020, and intends to secure 150 additional units of eVTOLs specifically for its future Emergency Medical Services (EMS) and rescue missions

The goal of the headquarters is to represent Lilium in China and the Asia-Pacific region and to facilitate Lilium Jet sales, services, and support in the area

The €4.6 million funding, by the Hungarian Investment Promotion Agency and Ministry of Foreign Affairs and Trade, will support research and development