Eve Air Mobility has obtained $150 million in debt financing from a group of major banks to support the development, certification, and future commercialization of its eVTOL aircraft, bringing the company’s total funding to $1.2 billion
New collaboration leverages AI-driven parking infrastructure and aviation logistics to integrate electric air taxis into existing urban transportation hubs
Long-term partnership ensures supply of advanced lightweight materials for the entire aircraft structure as the company targets a 2028 entry into service
Archer Aviation has partnered with THC and RSG to test and develop its Midnight eVTOL aircraft in a controlled sandbox environment in Saudi Arabia, exploring performance, regulatory alignment, and potential integration into the Kingdom’s future air mobility
Ambitious Air Mobility Group is partnering with Zuri.com to accelerate the certification and production of hybrid-electric vertical take-off and landing platforms
Eve Air Mobility has entered a new framework agreement to support sustainable eVTOL operations in the Middle East, positioning Bahrain as a regional hub for Advanced Air Mobility with commercial routes planned to begin in 2028
The AutoFlight-Falcon Aviation deal includes cargo and passenger models, with the first deliveries scheduled for late 2025 to support operations for the Abu Dhabi National Oil Company
Hybrid-electric nine-passenger aircraft to utilize eight high-performance Electric Propulsion Units (EPUs) to enable takeoffs and landings in just 150 feet
Odys Aviation’s $26M Series A funding, led by Nova Threshold, will fund U.S. full-scale flight testing of its hybrid-electric VTOL aircraft and expand operations ahead of international launch in 2026
Lilium's $1.5 billion technology portfolio, which includes key innovations in ducted fans and high-voltage systems, is set to be integrated into Archer's growing intellectual property assets