Stellantis invests $55m In Archer news Fayaz Hussain 3 Jul 24 0 Automaker Stellantis invests $55m in Archer, electric vertical takeoff and landing (eVTOL) aircraft developer, following the latter’s successful transition flight last month. “Few things rival… Read more
FinExic Concordia Group injects $55m into XTI news Fayaz Hussain 3 Jul 24 0 XTI Aerospace announced that it is set to receive a potential investment of up to $55m from FinExic Concordia Group (FCG), a private global investment… Read more
Universal Hydrogen liquidates after running out of cash news Yves Le Marquand 2 Jul 24 0 One of the leading horses in the race to pioneer hydrogen powered flight, Universal Hydrogen has shut its doors after failing to secure further funding… Read more
The Revolution.Aero London report Deep Dive Yves Le Marquand 28 Jun 24 0 June is statistically the sunniest month in the UK and last week it did not let us down for Revolution.Aero London 2024. But in many… Read more
Lilium reports successful first propulsion unit tests news Yves Le Marquand 26 Jun 24 0 Lilium has completed the first series of tests of its electric jet propulsion unit. Testing of the propulsion unit, comprising two engines within a propulsion… Read more
VerdeGo awarded NASA SBIR Ignite programme contract news Yves Le Marquand 26 Jun 24 0 VerdeGo Aero has been awarded a Phase I Small Business Innovation Research (SBIR) contract as part of NASA’s SBIR Ignite programme. During the six-month effort,… Read more
Wisk ‘advancing certification effort’ with Verocel acquisition news Yves Le Marquand 26 Jun 24 0 Wisk Aero has acquired Verocel, a software verification and validation (V&V) company with experience supporting high-integrity aerospace software certification. The deal will form a key… Read more
Skyports Infrastructure partners with Jeju Air on Korean vertiport deployment news Yves Le Marquand 24 Jun 24 0 Skyports Infrastructure has formed a partnership with Jeju Air, Korea’s largest low-cost airline, to support vertiport deployment for air taxi operations in the country. Skyports… Read more
MagniX launches batteries with over 1,000 full-depth discharge cycle capability news Yves Le Marquand 24 Jun 24 0 MagniX has introduced Samson, a battery line designed for aviation which it says delivers “industry-leading energy density” and “unmatched cycle life”. Developed for applications that… Read more
AIR launches uncrewed cargo variant news Yves Le Marquand 21 Jun 24 0 AIR has expanded into the cargo and logistics market with an uncrewed variant of its AIR ONE eVTOL. Read more
Archer signs deal to begin electrification of Signature’s terminal network news Yves Le Marquand 17 Jun 24 0 Archer Aviation has signed a memorandum of understanding (MoU) focused on electrifying Signature Aviation’s private aviation terminals. Signature’s network, at over 200 terminals, is the… Read more
Wisk agrees deal with Houston Airports to bring autonomous air taxis to region news Yves Le Marquand 17 Jun 24 0 Wisk Aero and Houston Airports, have agreed a memorandum of understanding to bring autonomous air taxi services to Greater Houston. As part of the collaboration,… Read more
The AirCraft Company unveils last member of Pangea aircraft family SY50J news Yves Le Marquand 17 Jun 24 0 Kansas-based regional aviation startup The AirCraft Company has revealed the last member of its Pangea family of aircraft, the SY50J (pictured below). With a baseline… Read more
Europe’s first all-electric international flights open to public news Yves Le Marquand 17 Jun 24 0 Maastricht Aachen Airport, in the south of the Netherlands, is to host the first publicly accessible electric powered flights between the country and neighbouring Belgium and… Read more
Lilium CEO expects state loan guarantees in matter of weeks news Yves Le Marquand 14 Jun 24 0 Lilium expects to receive guarantees from the Federal Government and the State of Bavaria as security for a loan from the German state bank KfW… Read more