Deals, Funding & Investments News & Articles

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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