Deals, Funding & Investments News & Articles

Eve Secures $50 Million Loan for eVTOL Development

The funding will strengthen Eve Air Mobility's balance sheet and support the company's eVTOL aircraft research and development program

Oct 30, 2024
Supernal Partners with Blade to Explore Operator & Network Models

Partnership will further inform Supernal’s eVTOL product and mature companies’ commercial efforts

Oct 29, 2024
German Air Taxi Manufacturer Lilium to File for Insolvency

German eVTOL maker Lilium has revealed plans to file for self-administered insolvency after failing to secure crucial government funding

Oct 28, 2024
Eve Air Mobility Secures Funding for eVTOL Manufacturing

Brazil’s National Development Bank (BNDES) has approved the financing to support the development of Eve’s manufacturing facility in São Paulo, Brazil

Oct 18, 2024
Joint Venture to Develop AAM Ecosystem in Italy

VEGA (Vertical Gateway), a venture between Skyports, SEA Milan, and 2i Aeroporti, is to launch operations between Malpensa Airport and Central Milan, and will then focus on scaling operations to other parts of Lombardy, and potentially other regions

Oct 17, 2024
New Collaboration for Regional Air Mobility Powertrains

Whisper Aero will combine its next-gen cleaner, quieter, more efficient thrusters with EPS EPiC Energy and EPiC Power batteries for certifiable powertrains on Part 23 aircraft

Oct 16, 2024
Parkin & Skyports to Develop Air Taxi Infrastructure in Dubai

Dubai's Parkin Company and Skyports Infrastructure are set to collaborate on the provision of parking facilities at applicable vertiport sites and explore opportunities to develop new air taxi infrastructure

Oct 11, 2024
UAV & AAM Operations to Expand Across Asia

EVFLY is set to expand its operations into Indonesia, Thailand, Singapore, Malaysia, Cambodia, and Vietnam, and has acquired the first UAVs from ABZ Innovation

Oct 10, 2024
UrbanLink Orders Eviation Aircraft to Expand All-Electric Transportation Fleet

In its partnership with Eviation, UrbanLink Air Mobility will purchase 10 Alice aircraft, 9-passenger, zero-emission commuter aircraft, with the option to acquire 10 additional aircraft, enabling eco-friendly commutes up to 250 nautical miles nonstop

Oct 09, 2024
Toyota to Invest $500 Million in Joby Aviation

Toyota Motor Corporation's additional investment in Joby Aviation will support certification and commercial production of the company's electric air taxi

Oct 09, 2024
Jump Aero to Trial JA1 Pulse eVTOL for Emergency Response

Calhoun County EMS and Jump Aero will partner to trial the JA1 Pulse eVTOL to improve first responder operations in rural areas

Oct 08, 2024
Lilium VTOL Electric Jet Showcased in the U.S. for the First Time

Hosted by Houston-based aircraft brokerage EMCJET the Lilium Jet has been showcased in the U.S. and an infrastructure partnership agreement has been signed with Galaxy FBO

Oct 03, 2024
UrbanLink to Launch All-Electric Seaglider Fleet in South Florida & Puerto Rico

UrbanLink Air Mobility has ordered 27 all-electric seagliders from REGENT Craft, with plans to begin operations in South Florida and Puerto Rico by 2027, further expanding its electric transportation ecosystem

Oct 02, 2024
SkyDrive Partners to Enhance Engineering Design in eVTOL Aircraft

Braid Technologies and SkyDrive have completed initial phases of a collaboration to solve complex design challenges, drawing on AI to generate structural patterns for eVTOL development

Sep 27, 2024
Fiji Airways’ Interest in Odys Aviation’s Hybrid-Electric VTOL Aircraft 

Flights operated via Odys' aircraft provide a low-carbon air cargo alternative for routes across the South Pacific and will open up new emergency medical routes

Sep 23, 2024
Thales Australia & Underwood Innovation Labs to Establish AAM Centre in Queensland

The Advanced Air Mobility Centre of Excellence (AAM COE) will facilitate the growth of scalable and collaborative UAV ecosystem in AAM, create high-skilled job, and provide access to indoor, virtual and physical airspace for design and testing

Sep 20, 2024
Volar Air Mobility & Etihad Aviation Training to Collaborate on Advanced Electric Aircraft Operations

The Memorandum of Understanding (MoU) focuses on research and development (R&D) in electric aircraft operations, innovative sustainability projects, and regulatory engagement with UAE authorities

Sep 17, 2024
SkyDrive & Osaka Metro to Work Towards Implementation of eVTOLs

SkyDrive and Osaka Metro will explore detailed business plans and operations to determine how they can practically use eVTOL technology

Aug 30, 2024
Future Flight Global to Purchase 116 eVTOLs from Archer

The deal to acquire Archer's Midnight eVTOLs is worth up to $580 million and brings the company's prospective order book to nearly $6 billion

Aug 20, 2024