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

news

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

news

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

news

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

news

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

news

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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Joby Aviation prices public offering at $202m

news

Fayaz Hussain

25 Oct 24

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Electric air taxi developer Joby Aviation announced that it has successfully priced its public offering of 40m shares of common stock at $5.05 per share.…

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Lilium will not receive German federal loan guarantee

news

Yves Le Marquand

17 Oct 24

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UPDATED: Lilium will continue negotiations with Bavaria for a €50m loan after its application for a federal loan guarantee worth the same amount was denied…

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Eve secures $88m loan from Brazil’s National Development Bank for production facility

news

Yves Le Marquand

15 Oct 24

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Eve Air Mobility has secured an $88m loan for the construction of a production facility from Brazil’s National Development Bank (BNDES). The facility, to be…

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Lilium CEO hits out at ‘misunderstandings’ over German state bank loans

news

Yves Le Marquand

14 Oct 24

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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…

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Toyota to invest further $500m in Joby

news

Yves Le Marquand

2 Oct 24

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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…

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Pyka Series B raises $40m

news

Yves Le Marquand

25 Sep 24

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Pyka has raised $40m in Series B funding to continue growth of its dual-use product line for commercial and defence markets. The round was led by…

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