Joby forecasts $500m-plus spend in 2025

news

Yves Le Marquand

27 Feb 25

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Joby Aviation is set to spend equivalent to Toyota’s incoming $500m investment as it forecasts 2025 outgoings as high as $540m, highlighting the costs of…

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‘This is not the end of the road’ says former Eviation CEO

Deep Dive

Yves Le Marquand

24 Feb 25

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Eviation Aircraft has laid off the majority of its staff and put a “temporary pause” –something we are fast becoming accustomed to in 2025 – on its…

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Lilium Aerospace files for insolvency, ceases operations

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Yves Le Marquand

21 Feb 25

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Lilium Aerospace, the new face of Lilium after it entered insolvency proceedings in December last year, has now filed for insolvency after new funding options…

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Elfly Group appoints Susan Ying to board

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Yves Le Marquand

12 Feb 25

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Norwegian electric seaplane developer Elfly Group has appointed Dr. Susan Ying to its board of directors. Announced at the Future Opportunities for Seaplanes & Amphibious Aviation…

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Archer raises $300m to further defence venture

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Yves Le Marquand

11 Feb 25

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Archer has raised $301.75m to continue development of its hybrid aircraft platform designed initially for the defence market.  This raise, lead by investors including BlackRock,…

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Analysis: Vertical share issuance is best short-term raising option

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Yves Le Marquand

27 Jan 25

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Vertical Aerospace’s share issuance is another one to add to the trend of raising follow-on capital we’ve seen from some of the publicly traded eVTOL…

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New chips to make Anthem ‘slimmer and faster’

news

Yves Le Marquand

16 Jan 25

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Last week, at CES 2025, Honeywell and NXP Semiconductors expanded their partnership to begin building i.MX processors into Honeywell’s latest Anthem avionics. Honeywell and Dutch…

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Sarla raises $10m in Series A funding

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Yves Le Marquand

15 Jan 25

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Indian eVTOL developer Sarla Aviation has raised $10m in funding from the first tranche of its Series A round.  The A1 round was led by…

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Volocopter files for insolvency as search for investment continues

news

Yves Le Marquand

2 Jan 25

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Volocopter has started insolvency proceedings as it continues to look for further investment to fund its eVTOL programme.  The German eVTOL developer announced on Monday…

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Archer raises $430m following new Anduril partnership

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Yves Le Marquand

12 Dec 24

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Anduril and Archer are to jointly develop a hybrid-VTOL aircraft for defence use cases, leading the eVTOL developer to raise a further $430m to support…

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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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Electron launches ‘10,000 Faces of Change’ campaign

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Yves Le Marquand

25 Nov 24

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Dutch electric aircraft startup Electron has launched a campaign inviting industry stakeholders to support its aircraft programme.  The 10,000 Faces of Change campaign pays homage…

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BETA Technologies Series C raises $318m

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Yves Le Marquand

1 Nov 24

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BETA has raised $318m from its Series C funding round led by the Qatar Investment Authority. The Vermont-based electric aircraft developer has now raised more…

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Hitting the supercycle, today is an investor’s market

Deep Dive

Yves Le Marquand

31 Oct 24

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If you’re a new company and you’re not in AI or defence tech, chances are it has been tougher to find investors willing to deploy…

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Eve Air Mobility secures $50m loan from Citi

news

Fayaz Hussain

30 Oct 24

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Eve Air Mobility announced it has secured a $50m loan from Citibank to further its aircraft research and development programme. This additional funding, coupled with…

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