Skyports breaks ground on UK vertiport development

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Yves Le Marquand

13 Dec 24

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Skyports Infrastructure and Bicester Motion have broken ground on the UK’s first vertiport testbed development. The vertiport is under construction on a plot of 0.42…

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SkyGrid publishes concept of operations

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Yves Le Marquand

13 Dec 24

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SkyGrid has released its blueprint for third-party service providers in its Concept of Operations for Third-Party Services Supporting the Airspace Integration of AAM.  The concept of…

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Skyports and Groupe ADP joint venture to operate Manhattan heliport

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Yves Le Marquand

10 Dec 24

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A joint venture between Skyports Infrastructure and Groupe ADP has been named as the new operator of the Downtown Manhattan Heliport. The New York City…

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Vertical Aerospace announces $50m funding from Mudrick Capital

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Yves Le Marquand

25 Nov 24

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Vertical Aerospace has announced $50m in new funding as part of a transaction worth $180m with Mudrick Capital. The signing of a non-binding term sheet…

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SAI Flight pre-orders 10 SkyDrive aircraft

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Yves Le Marquand

25 Nov 24

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SkyDrive, South Carolina-based operator SAI Flight and Greenville Downtown Airport have signed an agreement to jointly explore eVTOL aircraft services in the region, including a…

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EHang authorises $30m share repurchase

news

Fayaz Hussain

22 Nov 24

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The board of EHang Holdings has approved a $30m share repurchase programme of its American Depositary Shares (ADS) or ordinary shares over the next 12…

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EHang reports 348% YoY jump in Q3 revenue, delivers 63 units

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Fayaz Hussain

20 Nov 24

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EHang announced financial results for the third quarter (Q3) with total revenue of RMB128.1m ($18.3m). That figure is up 348% year-over-year from the same period…

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EHang and Enpower to develop eVTOL motors

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Yves Le Marquand

11 Nov 24

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EHang has formed a strategic partnership with Zhuhai Enpower Electric to jointly develop electric motors and motor controllers for its eVTOL aircraft. Enpower is a…

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Archer’s expenses soar in Q3 amid manufacturing ramp-up

news

Fayaz Hussain

8 Nov 24

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Archer reported widening losses in the third quarter of 2024, as the eVTOL manufacturer continues its push toward commercialisation. The company’s net loss expanded to…

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Archer signs deal with Japan Airlines joint venture, including up to 100 air taxis

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Yves Le Marquand

8 Nov 24

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Archer Aviation and Soracle, a new joint venture by Japan Airlines and Sumitomo Corporation, signed agreements focused on bringing AAM services to Japan. Soracle plans…

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Joby reports $143.3m loss in Q3 2024, strengthens liquidity

news

Fayaz Hussain

7 Nov 24

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Joby reported a net loss of $143.3m in the third quarter of 2024 compared with a profit of $1.5m in the prior year period. The…

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Brazilian regulator publishes Eve’s final airworthiness criteria

news

Yves Le Marquand

5 Nov 24

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The National Civil Aviation Agency of Brazil (ANAC) has published its final version of the airworthiness criteria for Eve Air Mobility’s eVTOL aircraft.  Following a…

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Metro Aviation orders up to 20 aircraft from BETA

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Yves Le Marquand

5 Nov 24

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Air medical operator Metro Aviation has placed a deposit-backed order for up to 20 of BETA Technologies’ Alia eVTOL aircraft. Metro, which is one of…

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Eve, Revo and OHI complete UAM simulation in São Paulo

news

Yves Le Marquand

4 Nov 24

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Eve Air Mobility has completed an urban air traffic simulation in Brazil’s capital São Paulo in partnership with Omni Helicopters International and its subsidiary Revo. …

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Joby and Toyota demonstrate eVTOL in Japan

news

Yves Le Marquand

4 Nov 24

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Joby Aviation has demonstrated its eVTOL aircraft in Japan alongside its strategic partner Toyota Motor Corporation.  The flight was conducted on November 2nd against the…

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