Deals, Funding & Investments News & Articles

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

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