Deals, Funding & Investments News & Articles

The Memorandum of Understanding (MoU), signed during the The Future of Air Transportation in Mauritania conference in Nouakchott, will see cooperation in building and operating transformational, sustainable vertiports in emerging markets, creating societal value

The Ras Al Khaimah (RAK) vertiport, to be established on a 10,000-square-meter site, is designed to establish the UAE as a world class global Advanced Air Mobility (AAM) hub

SITA has been selected as Volocopter's preferred digital and IT systems partner for vertiports, and becomes the latest investor to join the Series E funding round

A roundup of the week's Advanced Air Mobility news, including developments from Vertical Aerospace, Joby, and Archer

The Vertical Energy Center (VEC) based in Bristol will support the design, test, manufacture and commercialization of Vertical's custom-made battery pack for its VX4 eVTOL aircraft

Autoflug will provide its Flyweight Up seats for the seven passenger Limosa LimoConnect eVTOL, foldable seats that can be easily removed from the cabin

This type of high-volume manufacturing facility, strategically located adjacent to the Covington Municipal Airport, is believed to be a first for the eVTOL industry and will be capable of producing up to 650 aircraft per year

A roundup of the week's Advanced Air Mobility news, including developments from RYSE Aero Technologies, PteroDynamics, and AIR

The capital raised will support PteroDynamics' plans to develop larger Transwing aircraft variants, attract engineering talent, and execute on additional contracts

Revealed at the 2023 HAI Heli-Expo, Kaman and PHI have entered into a master commercial agreement for the promotion, sales, and support of a commercial version of Kaman’s Kargo UAVTM UAS

The opening of the reservation system enables customers of the RYSE RECON to reserve an assembly position, providing an opportunity to secure a delivery date, time, and location

SkyScape and Plana have signed a Memorandum of Understanding (MoU) and will work together on operations and infrastructure to develop the first international eVTOL route in Asia

A roundup of the week's Advanced Air Mobility news, including developments from AutoFlight, Electra and Volatus Infrastructure

An insurance product is being developed for owners of the Axe eVTOL, a two-seat aircraft with a fully-electric range of 100 miles, or 200 miles with an optional hybrid generator, and a cruise speed of 100mph

The Electra eSTOL aircraft's lower operating costs, longer range, and nine-passenger payload, combined with the ability to operate from small spaces, enables KinectAir to offer customers a more affordable and accessible flight package

In the partnership, Solithor will be responsible for cell research, development, testing characterisation, format design and production of 10Ah-40Ah, whilst Sonaca will develop the battery packaging, and certify the battery system

The Memorandum of Understanding (MoU) will see Volatus Infrastructure and Plana support each other and work together on vertiport development and integration of eVTOL operations

Collaboration between Embention and Skyfly sees the Veronte Autopilot 4x redundant flight control system used in the electric-hybrid eVTOL, Axe

A roundup of the week's Advanced Air Mobility news, including developments from Lilium, Volocopter and EHang