Leidos and Elroy Air approved to fly autonomous resupply demos for US Navy

news

Yves Le Marquand

14 May 24

0

Elroy Air and Leidos have been approved to demonstrate an autonomous resupply drone prototype for an office of the US Naval Air Systems Command.  The…

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Piasecki awarded contract for H2 fuel cell powered rotorcraft evaluation

news

Yves Le Marquand

14 May 24

0

Piasecki Aircraft Corporation has been awarded a Small Business Innovation Research (SBIR) contract by the US Department of Energy (DoE). The contract will see Piasecki carry…

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Lilium shifting focus to France as it seeks capital for production ramp up

news

Yves Le Marquand

13 May 24

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Lilium is in advanced talks with the French government on potential subsidies and loan guarantees worth up to €400m as it seeks to expand production…

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Australian vertiport fundraise hits minimum in less than 30 minutes

news

Yves Le Marquand

1 May 24

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Skyportz latest fundraise, which closes this Thursday, hit its $100k minimum in just 29 minutes after opening.  Currently sat at over $450,000, the capital will…

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Volocopter capital needs intensify following loan option stall

news

Yves Le Marquand

29 Apr 24

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Volocopter’s CEO, Dirk Hoke has said the company could be forced to look at insolvency options “in the foreseeable future”, according to German newspaper Süddeutsche Zeitung. The…

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Skyports raises $110m in Series C to support Dubai air taxi operations

news

Yves Le Marquand

17 Apr 24

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Skyports has raised just over $110m to support early air taxi operations in Dubai, thanks in part to new investment from ACS Group through its…

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New Skyportz subsidiary, Wilbur Air agrees 100 aircraft deal with Electra.aero

news

Yves Le Marquand

15 Apr 24

0

A new airline, launched by electric aviation infrastructure start-up Skyportz, has agreed a deal with Electra.aero for 100 aircraft.  Launched as a way of “having…

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Blood, sweat and tiers: What is the role of the supplier in scaling AAM?

Deep Dive

Yves Le Marquand

12 Apr 24

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There are many claims, some realistic others less so, about which AAM use cases will come first. Add to that regulatory, capital and infrastructure challenges…

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‘Batteries will open up new markets but there are bottlenecks’

Deep Dive

Yves Le Marquand

27 Mar 24

0

There is value in putting batteries in aircraft and it isn’t all sustainability.  Electrification will open up new markets in short-haul that have never been…

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Ampaire agrees deal to acquire Magpie Aviation

news

Yves Le Marquand

5 Mar 24

0

Ampaire has acquired Magpie Aviation, the startup developing automated towing technology for electric aviation. The addition of Magpie’s technology will enable Ampaire to continue “leading…

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Solutions over products: What do aerospace investors care about this year?

Deep Dive

Yves Le Marquand

19 Feb 24

0

What do investors and teenagers have in common? They go through phases. The difference is an investor is moved by the market, who knows what…

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Heart Aerospace Series B triples total capital raise

news

Yves Le Marquand

1 Feb 24

0

Heart Aerospace has more than tripled its total capital raise with $107m in Series B funding for its hybrid-electric regional passenger aircraft. The new round…

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Why is Vertical’s CEO investing $50m?

Deep Dive

Yves Le Marquand

31 Jan 24

0

Stephen Fitzpatrick, the founder and CEO of Vertical Aerospace made headlines with a $50m bet on recent flight test progress. But why did he invest?…

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Vertical gets $50m cash injection from CEO

news

Yves Le Marquand

23 Jan 24

0

Vertical Aerospace CEO, founder and majority owner Stephen Fitzpatrick has invested a further $50m into the aerospace startup.  Vertical’s share price performance is not reflective…

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Canso invests $6.7m in Horizon Aircraft

news

Yves Le Marquand

7 Dec 23

0

Horizon Aircraft has announced a strategic investment from Canso Investment Counsel and affiliates for $6.7m CAD. The investment, which totals just under $5m USD, comes…

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