AAM Archives | Page 23 of 26 | Revolution.aero

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Eve announces new government-backed credit lines following Q3 losses

Yves Le Marquand

3 Jan 23

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Following net losses of $154m for the first nine months of 2022, Eve has announced two credit lines approved by Brazil’s National Development Bank worth…

NASA crash tests eVTOL concept

Yves Le Marquand

3 Jan 23

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NASA researchers have completed a full-scale crash test of an eVTOL concept at the agency’s Landing and Impact Research (LandIR) facility. NASA’s aims to help…

Lithium

Battery-electric flight: Is lithium nirvana?

Yves Le Marquand

21 Dec 22

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There are many reasons for electric flight. But the strongest argument is environmental. Which means that batteries need to be sustainable. The vast majority of…

EHang’s EH216 completes maiden flight in Spain

Yves Le Marquand

19 Dec 22

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EHang has completed its maiden flight with the Spanish National Police (SNP) at the National Academy of Police in Ávila, Spain. After signing a partnership…

H3X testing sixth prototype, ahead of commercial manufacturing starting 2023

Yves Le Marquand

16 Dec 22

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H3X Technologies is now testing its 6th HPDM-250 electric propulsion system ahead of a ramp up to commercial operations beginning in 2023. The HPDM-250 is…

Horizon Aircraft: eVTOL industry to consolidate as order books grow

Yves Le Marquand

13 Dec 22

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By 2025 66% of venture capital and private equity sector expect the global eVTOL order book to be over 8,000 per year, according to research…

Joby and NYC aviation school to train eVTOL pilots and technicians

Yves Le Marquand

12 Dec 22

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Joby has partnered with NYC’s Aviation High School to train pilots and aircraft maintenance technicians for eVTOL operations. As part of the partnership, 100 New…

Eve and FlyBIS sign LoI for 40 eVTOLs

Yves Le Marquand

8 Dec 22

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Eve Air Mobility and FlyBIS Aviation have agreed a deal for 40 aircraft. The Caxias do Sul-based startup plans to collaborate with Eve to bring…

PDPs are ‘integral component’ to Lilium’s future capital structure

Yves Le Marquand

8 Dec 22

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Pre-delivery payments are an “integral component” to Lilium’s future capital structure and will form a key part of its development in 2023, according to Sebastien…

The path to power(ed lift)

Yves Le Marquand

7 Dec 22

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Class 14 CFR 21.17(b) or CS-23/CS-27. That is the question. To build a successful aircraft you need to make thousands of correct decisions. One of…

Eve and Volatus Infrastructure strike agreement for UATM software

Yves Le Marquand

6 Dec 22

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Volatus Infrastructure is to use Eve’s Urban Air Traffic Management (UATM) software in its vertiports. Eve has signed a Letter of Intent (LoI) to supply…

Lilium

Lilium and eVolare sign initial deal for 10 aircraft

Yves Le Marquand

5 Dec 22

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Lilium has signed a deal with eVolare, a subsidiary of Volare Aviation, for the purchase of 10 Lilium Pioneer Jets with the option for 10…

EHang

EHang: Revenues down, losses up as certification enters ‘final stage’

Yves Le Marquand

5 Dec 22

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Revenues were down 44% and net losses climbed to $10.8m on the previous quarter during EHang’s third quarter (Q3) as the firm entered the final…

Skyports and CAAP partner to bring vertiports to Latin American

Yves Le Marquand

30 Nov 22

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Skyports Infrastructure and private airport operator, Corporación América Airports (CAAP) have signed a Memorandum of Understanding (MoU) on the development and deployment of vertiports. As…

Aura secures $75m funding for AAM network

Yves Le Marquand

25 Nov 22

0

Aura Network Systems has closed $75m in funding to continue work on its proprietary network designed to enable remotely piloted commercial flights beyond visual line…

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