Deals, Funding & Investments News & Articles

Sora Aviation has partnered with Sophrodyne Aerospace to refine the aerodynamic design of its S-1 tiltrotor eVTOL using advanced AI tools, focusing on modeling the complex interactions between the aircraft’s propulsors and airframe

Wisk Aero and NASA have launched a five-year research partnership to advance autonomous flight systems and integrate self-flying air taxis into national airspace

UrbanLink has expanded its REGENT seaglider order to 47, accelerating plans to launch zero-emission coastal transportation in Florida and Puerto Rico by 2027

We covered a number of significant developments in April 2025, including developments from Archer Aviation, Electra, and Skyportz

TCab Tech has secured a major 100-aircraft eVTOL order from BOC Leasing, advancing its commercial rollout and strengthening industry-finance collaboration in China

Skyports has revealed a significant investment from ACS Group, expanding its vertiport and drone service capabilities, and further advancing its global infrastructure and transportation solutions

Electra has secured $115 million in a Series B funding round led by Prysm Capital to advance its EL9 Ultra Short aircraft, bringing the hybrid-electric platform closer to the pre-production and certification phase

Ventura County is making a major move toward becoming a regional leader in AAM with the launch of a new Innovation Center, backed by a $550,000 grant from Uplift Central Coast

Sora Aviation has developed its first battery module prototypes for the S-1, a 30-seat eVTOL 'bus', through a technical collaboration with TWI and Innovate UK

Archer and Ethiopian Airlines have signed an agreement and will now work to bring an all-electric air taxi network to the region using Archer’s Midnight eVTOL aircraft

The UK government has pledged over £20 million to advance eVTOL and drone technologies, streamlining regulations and accelerating commercialization to enhance public services, sustainability, and economic growth

LYTE Aviation has partnered with LYNEports and Bluenest to develop vertiport infrastructure in the Middle East, supporting the region’s push for sustainable advanced air mobility solutions

ASKA and JR East are working to explore the possibilities of integrating the ASKA A5 roadable electric-hybrid VTOL aircraft into Japan’s urban mobility and tourism sectors, and will showcase a one-third-size model at TAKANAWA GATEWAY CITY in Tokyo

Alpine Vertical has launched a $20 million equity raise to accelerate the development of its Argon hVTOL, aiming for rapid certification and deployment in emergency services, training, and personal transport

Electra has secured 2,200 pre-orders for its EL9 hybrid-electric aircraft, a versatile ultra-short takeoff platform designed for regional mobility, cargo transport, and military operations on unimproved surfaces

Joby Aviation and Virgin Atlantic are joining forces to introduce electric air taxis in the UK, promising fast, sustainable, and seamless urban and regional air travel

Eve Air Mobility and UI Helicopter have partnered to accelerate advanced air mobility (AAM) in South Korea, focusing on eVTOL development, policy collaboration, and regional connectivity

Diamond Aircraft Industries has acquired Volocopter, enabling the company to continue operations and development of its eVTOL aircraft

Blade Air Mobility and Skyports Infrastructure are launching a pilot program to enhance urban air mobility in NYC, connecting Manhattan and JFK with innovative air transport services