PAL-V to build assembly facility at Breda International Airport news Yves Le Marquand 3 Sep 24 0 PAL-V has signed a letter of intent with Forum Group, the owner of Breda International Airport, to construct an assembly and delivery centre at the… Read more
Heart, JetZero and others awarded FAA FAST grants news Yves Le Marquand 16 Aug 24 0 The FAA has awarded Fueling Aviation’s Sustainable Transition (FAST) grants to a number of companies including Heart Aerospace, JetZero and Wright Electric. The FAA announced… Read more
Alaska Airlines makes bet on JetZero blended wing technology news Yves Le Marquand 14 Aug 24 0 Alaska Airlines has invested in JetZero’s blended-wing body (BWB) aircraft including options for future aircraft orders. Alaska invested as part of JetZero’s Series A last… Read more
H3X raises $20m from oversubscribed Series A news Yves Le Marquand 7 Aug 24 0 H3X has closed a $20 million Series A funding round led by deep tech investment firm Infinite Capital. The oversubscribed funding round also saw participation… Read more
‘It takes time to normalise, then all of a sudden it is hard to remember life without it.’ Deep Dive Yves Le Marquand 1 Aug 24 0 Crisalion Mobility’s Manuel Heredia on the firm’s vision for the eVTOL industry and the red flags it faces on its journey to commercialisation. In the… Read more
AAMbulance: ERC’s plans for medical eVTOLs Deep Dive Yves Le Marquand 31 Jul 24 0 In aircraft engineer circles the ‘What came first, the chicken or the egg?’ conundrum is more commonly referred to as ‘What came first, the aircraft or the… Read more
How EY’s innovation hub gets the most out of startup IP news Yves Le Marquand 25 Jul 24 0 For those that haven’t been paying attention to aerospace innovation, a visit to this edition of the Farnborough International Airshow (FIA) is an eye opener. … Read more
Eve Air raises another $94m funding from shareholders news Fayaz Hussain 4 Jul 24 0 Ever Air Mobility announced fresh equity financing of $94m from shareholders including Embraer, Nidex and additional financiers to support the development and manufacturing of the… Read more
FinExic Concordia Group injects $55m into XTI news Fayaz Hussain 3 Jul 24 0 XTI Aerospace announced that it is set to receive a potential investment of up to $55m from FinExic Concordia Group (FCG), a private global investment… Read more
Universal Hydrogen liquidates after running out of cash news Yves Le Marquand 2 Jul 24 0 One of the leading horses in the race to pioneer hydrogen powered flight, Universal Hydrogen has shut its doors after failing to secure further funding… Read more
Lilium CEO expects state loan guarantees in matter of weeks news Yves Le Marquand 14 Jun 24 0 Lilium expects to receive guarantees from the Federal Government and the State of Bavaria as security for a loan from the German state bank KfW… Read more
Meet the crop spraying startup with plans for space exploration Deep Dive Yves Le Marquand 14 Jun 24 0 From grain belts to asteroid belts. Psyche Aerospace’s 23-year-old CEO and founder plans to disrupt Brazil’s agricultural aviation industry before switching his attention beyond the… Read more
Hydroplane wins US Army xTechSearch 8 competition news Yves Le Marquand 23 May 24 0 Hydroplane has won a US Army competition for its whitepaper and presentation to develop a hydrogen fuel cell powerplant for electric aircraft propulsion and auxiliary… Read more
Textron eAviation acquires Amazilia Aerospace news Yves Le Marquand 17 May 24 0 Textron eAviation, the electric aviation segment of Textron, has acquired Amazilia Aerospace. The acquisition will see Amazilia’s workforce of about 30 employees based at its… Read more
SwissDrones closes Series B worth over $10m news Yves Le Marquand 16 May 24 0 SwissDrones has this week closed its Series B funding round, securing over $10m from investors. The equity growth will advance the aerial intelligence company’s ability… Read more