Japan Airlines’ innovation fund makes strategic investment in Regent news Yves Le Marquand 27 Jan 23 0 Regent has received a strategic investment from Japan Airlines’ (JAL) Innovation Fund, bringing the total raised by the firm to over $45m. JAL said its… Read more
Electra awarded $85m AFWERX funding increase news Yves Le Marquand 26 Jan 23 0 Electra.aero has been awarded a Strategic Funding Increase (STRATFI) by the US Air Force’s AFWERX worth up to $85m for its eSTOL. The funding will… Read more
Alef sees over 440 orders for its flying car in Q4 news Yves Le Marquand 26 Jan 23 0 Alef Aeronautics amassed over 440 pre-orders for it Model A flying car in Q4 last year. Upon delivery, those orders represent over $132m of revenue… Read more
Drone delivery, what’s the E.T.(A)? Deep Dive Yves Le Marquand 25 Jan 23 0 In the famous 1982 film E.T., the line everyone remembers is “phone home”. Had the film come out a half-century later that line could well be “E.T. drone home”. At… Read more
First flight for NUNCATS ‘electric sky jeep’ news Yves Le Marquand 24 Jan 23 0 UK firm NUNCATS’ ‘electric sky jeep’, an aviation project aimed at improving healthcare in remote regions, has taken to the skies for the first time.… Read more
Dufour Aerospace completes Series B investing from Vista Global news Yves Le Marquand 24 Jan 23 0 Dufour Aerospace has completed a Series B funding with investors including private aviation group, Vista Global. In addition to Vista, the existing investors and two… Read more
Australian government awards Dovetail $2.1m R&D contract news Yves Le Marquand 23 Jan 23 0 Dovetail Electric Aviation has been awarded a A$3m ($2.1m) research grant by the Australian Government to support the development of electric aviation technology. The electric… Read more
Vertical receives payment for 25 delivery slots from Japan’s Marubeni Corporation news Yves Le Marquand 20 Jan 23 0 Vertical Aerospace has secured a pre-delivery payment for the reservation of aircraft delivery slots from Japanese trading and investment conglomerate, Marubeni Corporation. Marubeni has reserved… Read more
NASA awards Boeing Sustainable Flight Demonstrator contract news Yves Le Marquand 19 Jan 23 0 NASA has selected Boeing to lead the development and flight testing of a full-scale Transonic Truss-Braced Wing (TTBW) demonstrator aircraft. The technology is being developed… Read more
Skyroads is building Germany’s first automated flight test site news Yves Le Marquand 19 Jan 23 0 Skyroads has began equipping its automated flight test site at Augsburg Airport in southern Germany. The Munich-based company’s project, co-funded by the state of Bavaria,… Read more
RedBird Capital amasses over 5% stake in Blade news Yves Le Marquand 18 Jan 23 0 NY-based private equity firm RedBird Capital has now accumulated a more than 5% stake in Blade Air Mobility, according to founder and managing partner, Gerry… Read more
Air Nostra and Volotea acquire minority stake in Dovetail Electric news Yves Le Marquand 17 Jan 23 0 Air Nostrum and Volotea have acquired a minority stake in Australia-based Dovetail Electric Aviation. Air Nostrum, Volotea and Dovetail said the investment demonstrates that airlines… Read more
Qingdao investment arm invests $10m in EHang news Yves Le Marquand 13 Jan 23 0 EHang and Qingdao West Coast New Area have signed off on a strategic partnership that will see $10m invested in EHang with potential for another… Read more
NASA to invest in real-time negotiation system for AAM news Yves Le Marquand 12 Jan 23 0 NASA is investing in building a digital architecture to connect vehicle, infrastructure and airspace for automated real-time negotiations during AAM operations. With a first system… Read more
All things are difficult before they get VC Deep Dive Yves Le Marquand 11 Jan 23 0 Venture capital is an optimistic form of investment, but to what extent will that optimism be quelled by the economic climate? “We will see a… Read more