Doroni Aerospace completes tethered flight test

news

Yves Le Marquand

6 Mar 23

0

Doroni Aerospace has completed a tethered flight test with their eVTOL prototype, the Doroni H1 “flying car”. The flight test comes on the back of…

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Jaunt’s parent firm Airo Group to go public via SPAC

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Yves Le Marquand

6 Mar 23

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Airo Group, the parent company of Jaunt Air Mobility, is to go public via a special purpose acquisition company (SPAC) known as Kernel Group Holdings.…

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Aura Aero gets green light to begin building Toulouse factory

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Yves Le Marquand

3 Mar 23

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Aura Aero has received the go-ahead to begin construction on its new aircraft production facility, at Toulouse-Francazal airport, France. With over 100 orders for its…

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H3X Technologies boosted by Lockheed Martin investment

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Yves Le Marquand

1 Mar 23

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H3X Technologies has received multi-million dollar investment from Lockheed Martin Ventures, the venture arm of Lockheed Martin Corporation. With LMV’s funding included, the total raised…

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Kite Magnetics reveals ‘world’s most powerful’ electric motor for aircraft

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Yves Le Marquand

28 Feb 23

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Kite Magnetics has revealed its 120 kW air-cooled electric motor, which it said is “the world’s most powerful for planes”, at the Avalon Air Show.…

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Mayman Aerospace to receive $3m from Tawazun’s investment arm

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Yves Le Marquand

23 Feb 23

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Mayman Aerospace has been given $3m in funding from Strategic Development Fund (SDF), the investment arm of UAE-based economic council, Tawazun. The investment forms part…

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Volocopter receives Series E funding from Sumitomo Corporation

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Yves Le Marquand

21 Feb 23

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Volocopter has received Series E funding from Japanese trading house, Sumitomo Corporation and concurrent type certification from the Japan Civil Aviation Bureau (JCAB). Sumitomo will…

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Dronamics raises $40m in pre-Series A funding

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Yves Le Marquand

17 Feb 23

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Dronamics has raised a total of $40m in pre-Series A funding as the company approaches its first investment round.  The cargo drone airline has received…

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Bluetail closes an additional $2.2m Series A investment

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Yves Le Marquand

16 Feb 23

0

Bluetail has closed an additional $2.2m Series A investment round led by Arizona-based venture capital fund AZ-VC.  The SaaS aircraft records platform for private aviation…

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Moya Aero: $2m Finep funding is ‘further validation’ of startup’s vision

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Yves Le Marquand

14 Feb 23

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Moya Aero’s vision for drone operations in Latin America has received further validation in the form of $2m funding from Brazil’s Funding Authority for Studies…

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Lilium increases investment in Ionblox, betting on (5x) better batteries

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Yves Le Marquand

10 Feb 23

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Lithium-ion battery developer, Ionblox has reported a second close of its Series B round at an increased $32m.  Original investors Lilium and Applied Ventures were…

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Dronamics makes senior changes readying for commercial operations

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Yves Le Marquand

1 Feb 23

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Dronamics has made two senior appointments аs the firm readies for commercialisation of its same day delivery services later this year. Pete MacIntyre joins Dronamics…

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Aerwins to go public via Pono Capital SPAC

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Yves Le Marquand

31 Jan 23

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Pono Capital shareholders have approved a planned merger with Japanese air mobility technology developer Aerwins. The SPAC and Aerwins agreed to merge in September through…

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Honeywell launches project to develop hydrogen fuel cells for aviation

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Yves Le Marquand

30 Jan 23

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A Honeywell-led consortium is launching a European Clean Aviation project to develop hydrogen fuel cells for aviation.  Project Newborn is a collaboration of 18 partners…

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Embraer invests in MSW Capital fund, strengthening venture capital programme

news

Yves Le Marquand

27 Jan 23

0

Embraer has made an initial investment in the MSW Capital fund, MultiCorp 2, of R$20m ($4m). MultiCorp 2 is MSW’s second multi-corporate venture fund. The…

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