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Investment

Alef’s flying car receives FAA special airworthiness certification

news
Yves Le Marquand
27 Jun 23
0

Alef Aeronautics has become the first road legal electric car to be certified by the FAA – through a special airworthiness certificate. The firm unveiled…

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Lilium begins expanding into Asian market

news
Yves Le Marquand
19 Jun 23
0

Lilium has begun expanding into Hong Kong and China, including an order from Heli-Eastern for 100 aircraft.  Heli-Eastern aka Shenzhen Eastern General Aviation, is a…

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X-66A: NASA and Boeing demonstrator gets Air Force designation

news
Yves Le Marquand
13 Jun 23
0

The US Air Force has designated Boeing and NASA’s sustainable flight demonstrator project as the X-66A. The abnormally long, thin-winged aircraft which uses diagonal struts…

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VPorts begins vertiport certification in UAE

news
Yves Le Marquand
7 Jun 23
0

VPorts has begun certification of its vertiports as part of the AAM integrator at the Mohammed bin Rashid Aerospace Hub in Dubai South.   The…

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Supernal invests in TruWeather Solutions

news
Yves Le Marquand
7 Jun 23
0

Supernal has made a minority investment in TruWeather Solutions’s as it plans to use its weather data analytics and forecasting in its eVTOL. Supernal will…

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Kawasaki makes strategic investment in VoltAero

news
Yves Le Marquand
22 May 23
0

Kawasaki Motors has become a strategic investor in VoltAero, joining Series B funding for the development of VoltAero’s Cassio electric-hybrid aircraft range. This investment, announced…

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Kakao Mobility pre-orders up to 50 Vertical Aerospace VX4s

news
Yves Le Marquand
22 May 23
0

Vertical Aerospace has announced that South Korean mobility technology firm, Kakao Mobility, has pre-ordered up to 50 of its VX4 aircraft. Kakao Mobility is the…

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Reliable Robotics flies autonomous demonstration with USAF

news
Yves Le Marquand
19 May 23
0

Reliable Robotics conducted an autonomous flight demonstration with the US Air Force during the recent Golden Phoenix readiness exercise at Travis Air Force Base.  Reliable’s…

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Wingcopter to get €40m in funding from European Investment Bank

news
Yves Le Marquand
12 May 23
0

The European Investment Bank (EIB) is providing a €40m ‘quasi-equity’ investment into Wingcopter The EIB investment is backed by the European Commission’s InvestEU programme under…

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Echodyne announces strategic agreement with Supernal

news
Yves Le Marquand
10 May 23
0

Radar platform firm, Echodyne, has announced a strategic agreement and minority investment from Supernal. The collaboration between the two companies will focus on how to…

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Zipline: What goes up, keeps raising

Deep Dive
Yves Le Marquand
5 May 23
0

Share prices, test flights, valuations, whatever goes up must come down right? For startups, in almost every case the rule sticks, but drone delivery unicorn,…

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Joby ‘not looking to raise’ on back of $180m investment

news
Yves Le Marquand
4 May 23
0

Although Joby Aviation was not looking to raise funds, however an offer of $180m increased investment from long-term partner Baillie Gifford has been accepted.  Matt…

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Lilium

Lilium announces $250m capital raise

news
Yves Le Marquand
2 May 23
0

Lilium has announced a capital raise of up to $250m, with $100m already funded at close.  This latest capital raise enables the German OEM to…

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Joby expands partnership with Toyota

news
Yves Le Marquand
28 Apr 23
0

Joby Aviation expands its partnership with Toyota with the signing of a long-term agreement to supply key powertrain and actuation components for Joby’s aircraft. The…

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Joby receives third extension of Agility Prime contract

news
Yves Le Marquand
27 Apr 23
0

Joby Aviation has received a third extension of its Agility Prime contract with the US Air Force worth $55m. The announcement comes days after four…

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