Vertical receives payment for 25 delivery slots from Japan’s Marubeni Corporation

news

Yves Le Marquand

20 Jan 23

0

Vertical Aerospace has secured a pre-delivery payment for the reservation of aircraft delivery slots from Japanese trading and investment conglomerate, Marubeni Corporation. Marubeni has reserved…

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eVTOL market: Biggest growth from air taxis, ambulance and cargo

news

Yves Le Marquand

20 Jan 23

0

Air taxis, air ambulance and cargo are seen as the three biggest growth areas of the eVTOL market over the next five years, according to…

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FL3XX partners with Rosterize to assist business aviation customers

news

Yves Le Marquand

20 Jan 23

0

Rosterize and FL3XX have partnered on AI-assisted crew planning to assist FL3XX’s business aviation customers on aspects such as cost-effective operations. The growth of business…

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ESS to test iron flow battery charging at Amsterdam Schiphol

news

Yves Le Marquand

19 Jan 23

0

Energy storage systems maker, ESS is to test its iron flow battery solution at Amsterdam Airport Schiphol, the second largest airport in mainland Europe.  The…

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NASA awards Boeing Sustainable Flight Demonstrator contract

news

Yves Le Marquand

19 Jan 23

0

NASA has selected Boeing to lead the development and flight testing of a full-scale Transonic Truss-Braced Wing (TTBW) demonstrator aircraft. The technology is being developed…

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Skyroads is building Germany’s first automated flight test site

news

Yves Le Marquand

19 Jan 23

0

Skyroads has began equipping its automated flight test site at Augsburg Airport in southern Germany. The Munich-based company’s project, co-funded by the state of Bavaria,…

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RedBird Capital amasses over 5% stake in Blade

news

Yves Le Marquand

18 Jan 23

0

NY-based private equity firm RedBird Capital has now accumulated a more than 5% stake in Blade Air Mobility, according to founder and managing partner, Gerry…

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Gary Gysin to step down as Wisk CEO

news

Yves Le Marquand

18 Jan 23

0

Wisk Aero’s CEO Gary Gysin is retiring from his position and as a member of the board at the end of January. Boeing’s Dr. Brian…

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Lilium appoints new CFO and CCO

news

Yves Le Marquand

17 Jan 23

0

Lilium has appointed Oliver Vogelgesang as chief financial officer and Sebastien Borel as chief commercial officer.  Vogelgesang will take over from Geoffrey Richardson, who is…

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Air Nostra and Volotea acquire minority stake in Dovetail Electric

news

Yves Le Marquand

17 Jan 23

0

Air Nostrum and Volotea have acquired a minority stake in Australia-based Dovetail Electric Aviation. Air Nostrum, Volotea and Dovetail said the investment demonstrates that airlines…

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Qingdao investment arm invests $10m in EHang

news

Yves Le Marquand

13 Jan 23

0

EHang and Qingdao West Coast New Area have signed off on a strategic partnership that will see $10m invested in EHang with potential for another…

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NASA to invest in real-time negotiation system for AAM

news

Yves Le Marquand

12 Jan 23

0

NASA is investing in building a digital architecture to connect vehicle, infrastructure and airspace for automated real-time negotiations during AAM operations. With a first system…

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All things are difficult before they get VC

Deep Dive

Yves Le Marquand

11 Jan 23

0

Venture capital is an optimistic form of investment, but to what extent will that optimism be quelled by the economic climate? “We will see a…

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LCI orders up to 40 Chaparral VTOLs from Elroy Air

news

Yves Le Marquand

11 Jan 23

0

Operating lessor LCI is broadening its commitment to AAM with an order for up to 40 Chaparral VTOL aircraft from Elroy Air. The order for…

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Highlander acquires DZYNE Technologies

news

Yves Le Marquand

11 Jan 23

0

Highlander Partners has acquired DZYNE Technologies, a UAS manufacturer for government agencies including the US Department of Defense. Since its inception in 2012, DZYNE has…

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