Deals, Funding & Investments News & Articles

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
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