Skyportz releases vertiport concepts for Brisbane Olympics

news

Yves Le Marquand

5 Jun 24

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Skyportz has published concepts for vertiports on the Brisbane River it hopes will be operational in time for Brisbane Olympics in 2032.  The Australian vertiport…

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Joby acquires Xwing autonomy technology

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Yves Le Marquand

4 Jun 24

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Joby has acquired the autonomy division of Xwing, a US autonomous aviation systems startup that has been test flying autonomous aircraft since 2020.  The deal…

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Loft Dynamics to build simulators for Dufour Aerospace

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Yves Le Marquand

4 Jun 24

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Loft Dynamics is now developing virtual reality (VR) simulators for electric vertical takeoff and landing (eVTOL) aircraft following an agreement with Dufour Aerospace.  Loft, a…

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LYTE Aviation partners with Crisalion Mobility on last mile transport

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Yves Le Marquand

3 Jun 24

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LYTE Aviation has partnered with Crisalion Mobility to tackle the issue of last mile transport from vertiport to destination. UK-based LYTE is working across Asia,…

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Bell Textron selected for next phase of DARPA X-Plane programme

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Yves Le Marquand

3 Jun 24

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Bell Textron is moving to Phase 1B of Defense Advanced Research Projects Agency (DARPA) Speed and Runway Independent Technologies (SPRINT) X-Plane programme.  The SPRINT programme…

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EHang reports 164% jump in first quarter revenue

news

Fayaz Hussain

28 May 24

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Chinese urban air mobility technology platform EHang reported 164% year-over-year increase in total revenue to $8.5m compared to $3.2m in the same period last year.…

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Vertical Aerospace narrows losses to £20m in 1Q

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Fayaz Hussain

28 May 24

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Electric vertical takeoff and landing (eVTOL) aircraft developer Vertical Aerospace reported a net operating loss of £20m for the first quarter of 2024 compared to…

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Lilium launches public offering to bridge liquidity gap

news

Yves Le Marquand

24 May 24

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Lilium has announced plans to raise capital through a public offering of its Class A shares and warrants, alongside a private placement. “We currently intend…

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Hydroplane wins US Army xTechSearch 8 competition

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Yves Le Marquand

23 May 24

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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…

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Archer and Etihad Training agree eVTOL pilot recruitment and training deal

news

Yves Le Marquand

20 May 24

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Archer has partnered with Etihad Training to recruit and train prospective pilots for Archer’s Midnight aircraft in Abu Dhabi.  The memorandum of understanding (MoU), announced…

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Embraer and Eve sign deal with Groupe ADP focused on Paris-Le Bourget Airport

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Yves Le Marquand

17 May 24

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Embraer and Eve Air Mobility have signed a deal with Groupe ADP aimed at preparing Paris-Le-Bourget Airport for low-carbon operations.  The memorandum of understanding (MoU)…

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Textron eAviation acquires Amazilia Aerospace

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Yves Le Marquand

17 May 24

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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…

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Heart Aerospace opens US R&D facility, appoints new chief technology officer

news

Yves Le Marquand

17 May 24

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Heart Aerospace has opened a new research and development hub in Los Angeles, California.  The new facility will focus on the advancement of Heart’s hybrid-electric…

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SwissDrones closes Series B worth over $10m

news

Yves Le Marquand

16 May 24

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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…

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Lilium expects state guarantees in Germany against loan worth €100m-plus

news

Yves Le Marquand

15 May 24

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The positive answer Lilium was looking for from Germany appears to have been realised as the federal government and State of Bavaria commission state development…

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