Skyports and Groupe ADP joint venture to operate Manhattan heliport

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Yves Le Marquand

10 Dec 24

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A joint venture between Skyports Infrastructure and Groupe ADP has been named as the new operator of the Downtown Manhattan Heliport. The New York City…

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Electra.aero flies NASA Administrator in Goldfinch demonstrator

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Yves Le Marquand

9 Dec 24

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NASA Administrator Bill Nelson has taken a flight aboard Electra.aero’s hybrid-electric EL2 Goldfinch ultra short prototype aircraft. The 24-minute flight on Electra’s two-seat fixed-wing aircraft…

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Joby Aviation CFO resigns

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Fayaz Hussain

4 Dec 24

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California-based electric aircraft developer Joby Aviation announced that Matthew Field, the company’s chief financial officer, will be resigning effective December 13, 2024. Following Field’s departure,…

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AURA Network Systems makes senior appointments

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Yves Le Marquand

3 Dec 24

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AURA Network Systems has appointed Kevin Steen as CEO and and Walter Berger as executive chairman of the board. Steen brings more than two decades’…

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Eve secures additional $35m from BNDES

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Fayaz Hussain

2 Dec 24

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Eve Air Mobility announced it has secured an additional $35m from the Brazil’s National Development Bank (BNDES) to support its eVTOL development. The company secured…

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Propeller Drones, Airwayz and FlightOps team up for Israel’s first BVLOS drone flights

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Yves Le Marquand

28 Nov 24

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Propeller Drones has chosen unmanned air traffic management provider Airwayz to execute its $7m Israel Electric Corporation (IEC) contract to conduct autonomous drone flights.  The…

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MagniX completes EPU testing with NASA

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Yves Le Marquand

26 Nov 24

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MagniX has completed testing of its magni650 electric propulsion unit (EPU) at NASA’s Electric Aircraft Testbed (NEAT) in Sandusky, Ohio. According to the company, the…

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Heart Aerospace to conduct first test flight in US next year

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Yves Le Marquand

26 Nov 24

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Swedish hybrid-electric aircraft maker Heart Aerospace is planning to fly its demonstrator aircraft at New York’s Plattsburgh International Airport in 2025.  The test flight will…

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Vertical Aerospace announces $50m funding from Mudrick Capital

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Yves Le Marquand

25 Nov 24

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Vertical Aerospace has announced $50m in new funding as part of a transaction worth $180m with Mudrick Capital. The signing of a non-binding term sheet…

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SAI Flight pre-orders 10 SkyDrive aircraft

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Yves Le Marquand

25 Nov 24

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SkyDrive, South Carolina-based operator SAI Flight and Greenville Downtown Airport have signed an agreement to jointly explore eVTOL aircraft services in the region, including a…

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Electron launches ‘10,000 Faces of Change’ campaign

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Yves Le Marquand

25 Nov 24

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Dutch electric aircraft startup Electron has launched a campaign inviting industry stakeholders to support its aircraft programme.  The 10,000 Faces of Change campaign pays homage…

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EHang authorises $30m share repurchase

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Fayaz Hussain

22 Nov 24

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The board of EHang Holdings has approved a $30m share repurchase programme of its American Depositary Shares (ADS) or ordinary shares over the next 12…

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EHang reports 348% YoY jump in Q3 revenue, delivers 63 units

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Fayaz Hussain

20 Nov 24

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EHang announced financial results for the third quarter (Q3) with total revenue of RMB128.1m ($18.3m). That figure is up 348% year-over-year from the same period…

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Volocopter appoints ex-Lilium CFO as certification slips to 2025

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Yves Le Marquand

19 Nov 24

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Volocopter has appointed Oliver Vogelgesang as its chief financial officer as the firm repositions its certification expectations to next year. Effective immediately, Vogelgesang (pictured right)…

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USAF accepts Merlin’s airworthiness plan for KC-135 testing

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Yves Le Marquand

18 Nov 24

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The United States Air Force (USAF) has accepted Merlin’s airworthiness plan for KC-135 testing using its autonomous technology.  The joint USAF and Merlin project will…

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