Deals, Funding & Investments News & Articles

New Project to Deploy EHang AAVs for Sightseeing Tours in China

EHang has received an initial purchase order for five EH216 AAVs from Tianxingjian Cultural Tourism Investment and Development LLC with...

Dec 19, 2022
EHang AAV Begins Trial Operations for Spanish National Police

EHang has announced a successful maiden flight of its EH216 Autonomous Aerial Vehicle (AAV) by the Spanish National Police (SNP),...

Dec 16, 2022
LikeAbird Joins Inmarsat’s Velaris Partner Network

LikeABird has joined Inmarsat’s Velaris Partner Network to spearhead innovation in unmanned aviation. LikeABird will be joining a number of...

Dec 09, 2022
ADMC Grows VTOL Air Cargo Drone Fleet in Deal with Sabrewing

Arabian Development and Marketing Corporation (ADMC) has agreed a deal with Sabrewing Aircraft to purchase 53 Rheagal-A VTOL Air Cargo...

Dec 09, 2022
New York Students Virtually Pilot Joby eVTOL Aircraft

Aviation High School students in New York City had the opportunity to try out an eVTOL aircraft in a virtual-reality...

Dec 09, 2022
Eve and FlyBIS Collaborate for eVTOL Development in South America

Eve Air Mobility and FlyBIS Aviation have signed a Letter of Intent (LOI) to develop eVTOL operations in Brazil and...

Dec 08, 2022
Lilium Plans UK eVTOL Network

Lilium is expanding into the UK market following an agreement with eVolare for ten Pioneer Edition Jets, and the option...

Dec 05, 2022
Archer Aviation Selects Site for eVTOL Manufacturing Facility

Archer Aviation Inc. has announced plans to build an eVTOL production facility in Covington, Georgia, adjacent to the Covington Municipal...

Nov 29, 2022
Hyundai Plans AAM Ecosystem in Indonesia

Hyundai and Nusantara Capital City Authority have signed a Memorandum of Understanding (MoU) to work together to introduce an Advanced...

Nov 29, 2022
SkyDrive Receives Order For 100 eVTOL Aircraft

Japanese eVTOL manufacturer SkyDrive Inc. has received an order from renewable energy company Pacific Group Co Ltd for a fleet...

Nov 28, 2022
New Funding Supports Commercialization of Battery Cells for eVTOL Market

Ionblox (previously known as Zenlabs Energy), a high-performance lithium-ion cell company, has closed a $24 million Series B funding round...

Nov 15, 2022
Saudi Arabia’s NEOM Invests in Electric Urban Air Mobility

NEOM, the sustainable regional development in northwest Saudi Arabia, has announced a USD 175 million Series E investment in Volocopter in order...

Nov 14, 2022
Volocopter Attracts New Investors for UAM Project

Urban Air Mobility (UAM) company Volocopter has raised an additional USD 182 million in the second signing of the Series E funding round...

Nov 07, 2022
EHang and HAECO Group Explore Advanced Air Mobility Partnership 

A new memorandum of understanding has been signed between EHang and HAECO Group, which outlines a potential partnership in multiple...

Oct 31, 2022
Lilium, SAUDIA to Introduce eVTOL Network to Saudi Arabia

SAUDIA and Lilium have signed a Memorandum of Understanding for the proposed development and operation by SAUDIA of an eVTOL...

Oct 27, 2022
Partnership Formed to Explore VTOL Maintenance Solutions

Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) and Ascendance Flight Technologies have announced the signing of a...

Oct 23, 2022
Electra Achieves Milestone 1,000th Sale of Sustainable eSTOL Aircraft

Electra has signed a letter of intent with Welojets for 32 electric short takeoff and landing (eSTOL) aircraft, bringing Electra’s...

Oct 21, 2022
Leading Fuel Cell Stack Innovator HyPoint Acquired by ZeroAvia

Fuel cell stack innovator HyPoint has been acquired by ZeroAvia, the hydrogen-electric aviation pioneer developing zero-emission solutions for commercial aviation. The...

Oct 14, 2022
RTX Ventures Invests in H55 to Advance Electric Propulsion Technologies for Air Mobility Applications

The venture capital arm of Raytheon Technologies, RTX Ventures, has made a minority investment in electric propulsion system company H55 to drive the...

Oct 13, 2022