Deals, Funding & Investments News & Articles

Regal Rexnord & Honeywell to Collaborate on Solutions for AAM and eVTOL Markets

Honeywell and Regal Rexnord will work together to develop technologies that integrate electro-mechanical components, systems and software on AAM aircraft

Dec 11, 2024
US Helicopter Operator to Acquire Eve eVTOLs

Helicopter Inc's. order for Eve Air Mobility's eVTOL aircraft, service support, and Vector Urban Air Traffic Management (ATM) software was revealed during a conference in San Francisco

Dec 09, 2024
CRISALION Chooses IFS Cloud as Management Software for AAM Project

AI-powered IFS Cloud is set to support regulatory, design, and manufacturing processes for Advanced Air Mobility manufacturer CRISALION Mobility

Dec 06, 2024
Eve Receives Funding for eVTOL Development

The $35 million second-phase of investment from Brazil's National Development Bank (BNDES) will be allocated to manufacturing Eve's conforming prototypes and the commercial vehicle

Dec 03, 2024
Partnership to Boost AAM In Saudi Arabia

Italian vertiport network operator UrbanV and Cluster2 in Saudi Arabia have signed a partnership agreement to advance AAM and UAM in the Middle East country

Nov 27, 2024
eVTOL Maker Vertical Secures $50 Million in New Funding

Vertical Aerospace secures agreement under which Mudrick Capital will commit up to $50 million in the next equity round, promoting financial stability

Nov 26, 2024
Agreement to Support eVTOLs at Archerfield Airport

Archerfield Airport Corporation (AAC) and Wisk Aero will embark on a variety of projects aimed at developing the AAM ecosystem and operations at the airport in Queensland

Nov 26, 2024
Skyway & UrbanLink Partner to Develop Vertiports Across Florida

Skyway and UrbanLink Air Mobility have unveiled plans for vertiports and dedicated eVTOL routes in Central and South Florida, with operations set to commence in late 2026

Nov 25, 2024
Collaboration to Develop eVTOL Routes in South Carolina

SkyDrive, SAI Flight, and Greenville Downtown Airport are set to develop and commercialize practical air routes for the SKYDRIVE eVTOL aircraft in South Carolina

Nov 22, 2024
Volz Signs Production Agreement with BETA for ALIA eVTOL Project

Volz will develop, produce, and maintain actuators according to each domain applicable aviation standards, and has positioned itself to assist BETA Technologies for the foreseeable

Nov 21, 2024
eVTOL Manufacturer Partners with MRO Company

The new partnership between SkyDrive and the MRO company FEAM Aero aims to create a robust framework for the maintenance, support, and scalability of eVTOL aircraft

Nov 19, 2024
Altair & Moya Aero Partner for eVTOL Development

The collaboration, established within Altair's Aerospace Startup Acceleration Program (ASAP), is expected to accelerate product development and slash prototyping costs

Nov 19, 2024
TCab Tech & Autocraft to Expand Middle East Market with E20 eVTOL

The strategic partnership leverages TCab Tech's strengths in eVTOL research, development, and manufacturing, alongside Autocraft's advantages in local policies, geography, operations, and market dynamics within the UAE

Nov 11, 2024
Archer’s Midnight eVTOL Chosen by Soracle for AAM Launch in Japan

Archer Aviation has secured a landmark agreement with Soracle Corporation to supply up to 100 Midnight eVTOL aircraft for an Advanced Air Mobility (AAM) network in Japan

Nov 07, 2024
Air Medical Operator Orders BETA eVTOLs

Metro Aviation has placed a deposit-backed order for up to 20 ALIA eVTOL aircraft from BETA Technologies, with plans to integrate the aircraft into its existing fleet

Nov 07, 2024
BETA Technologies Secures Funding to Accelerate Electric Aircraft Development

BETA Technologies has raised $318 million in funding to expand production and certification of its electric aircraft and propulsion systems, including the ALIA CTOL and VTOL models

Nov 06, 2024
Lilium Continues Work as KPMG Begins M&A Process

Work at Lilium’s subsidiaries continues, with the more than 1,000 employees engaged in progressing towards the next major program milestone, first manned flight

Nov 05, 2024
UrbanV Teams with Korean Airport Firm to Build AAM Network

UrbanV and Korea Airports Corporation (KAC) will engage in multiple joint activities as part of the collaboration, including ecosystem creation, exchange of technical, operational and regulatory expertise and data

Oct 31, 2024
GENIUS NY Invests $3 Million in Drone Startups

Aviant has been awarded the $1 million grand prize from round eight of the GENIUS NY accelerator, recognizing its innovative autonomous drone delivery solutions that enhance logistics efficiency

Oct 30, 2024