Lilium CEO hits out at ‘misunderstandings’ over German state bank loans news Yves Le Marquand 14 Oct 24 0 Klaus Roewe, CEO and executive director of German eVTOL developer Lilium, has responded to what he calls “misunderstandings” regarding the firm’s loan from German development… Read more
Skyportz and Microflite to assess vertiport locations in Melbourne news Yves Le Marquand 4 Oct 24 0 The operator of Melbourne’s heliport Microflite is to work with Skyportz to identify locations for new vertiports around the city. Microflite has taken the decision… Read more
Toyota to invest further $500m in Joby news Yves Le Marquand 2 Oct 24 0 Toyota will invest an additional $500m in Joby, bringing total investment from the auto giant to $894m. The investment will be made in the form… Read more
BETA offers early look at passenger variant news Yves Le Marquand 30 Sep 24 0 BETA has unveiled an early look at the passenger layout of its Alia eVTOL aircraft. The company is taking a staged approach to passenger aircraft… Read more
Lilium enters US market with partnerships in Texas news Yves Le Marquand 30 Sep 24 0 Lilium has partnered with Houston-based fixed base operator Galaxy FBO, marking its entry to the US market. The German eVTOL developer plans to operate its… Read more
Vertical losses rise to $17.1m in first half of 2024 news Fayaz Hussain 20 Sep 24 0 Vertical Aerospace announced financial results for the first half of 2024 wherein it reported a net loss of $17.1m, up 45% year-over-year from $11.7m in… Read more
BETA picks up momentum in Florida as three new chargers come online news Yves Le Marquand 19 Sep 24 0 BETA hosted an event this week at Tallahassee International Airport to “recognise the momentum” being made towards AAM in Florida. The electric aircraft and infrastructure… Read more
Eve appoints Megha Bathia as CCO news Yves Le Marquand 17 Sep 24 0 Eve Air Mobility has appointed Megha Bhatia as its new chief commercial officer (CCO). Working out of the firm’s US headquarters in Melbourne, Florida, Bhatia… Read more
Vertical completes phase one of piloted testing news Yves Le Marquand 12 Sep 24 0 Vertical Aerospace’s VX4 prototype has completed the first phase of its piloted flight test programme. Test pilots conducted multiple tethered flights and ground runs, across… Read more
Joby initiates UAE air operator certification news Yves Le Marquand 10 Sep 24 0 Joby Aviation has begun its Air Operator Certificate application in the United Arab Emirates (UAE). The move positions Joby to potentially become the first certified air… Read more
Altaport white paper provides conops for automated vertiport news Yves Le Marquand 9 Sep 24 0 Altaport and engineering and design multinational, WSP have released a concept of operations (conops) analysing the business requirements of a vertiport automation system (VAS). Identifying conops for… Read more
Moya Aero publishes footage of first subscale transition flight news Yves Le Marquand 6 Sep 24 0 Brazilian startup Moya Aero has released footage of the first ever transition flight with its sub-scale tiltbody uncrewed eVTOL aircraft prototype. The flight, using… Read more
Volocopter CEO to step down in early 2025 news Yves Le Marquand 6 Sep 24 0 Volocopter CEO Dirk Hoke has had his request to step down in February 2025 accepted by the firm’s advisory board. Hoke took over from Florian… Read more
SkyDrive increases Series C funding to $55m news Yves Le Marquand 3 Sep 24 0 SkyDrive has raised $55m (8bn Japanese yen) across its Series C after securing additional funding through a third-party allocation of new shares. The allocation to… Read more
XTI Aerospace accelerates development of TriFan 600 news Fayaz Hussain 16 Aug 24 0 XTI Aerospace announced significant progress in the development of its fixed-wing, vertical lift crossover TriFan 600 aircraft. “We continue to advance the development of the… Read more