Heart Aerospace to conduct first test flight in US next year news Yves Le Marquand 26 Nov 24 0 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… Read more
Vertical Aerospace announces $50m funding from Mudrick Capital news Yves Le Marquand 25 Nov 24 0 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… Read more
SAI Flight pre-orders 10 SkyDrive aircraft news Yves Le Marquand 25 Nov 24 0 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… Read more
Electron launches ‘10,000 Faces of Change’ campaign news Yves Le Marquand 25 Nov 24 0 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… Read more
EHang authorises $30m share repurchase news Fayaz Hussain 22 Nov 24 0 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… Read more
EHang reports 348% YoY jump in Q3 revenue, delivers 63 units news Fayaz Hussain 20 Nov 24 0 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… Read more
Volocopter appoints ex-Lilium CFO as certification slips to 2025 news Yves Le Marquand 19 Nov 24 0 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)… Read more
USAF accepts Merlin’s airworthiness plan for KC-135 testing news Yves Le Marquand 18 Nov 24 0 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… Read more
BETA flies first production CTOL aircraft news Yves Le Marquand 14 Nov 24 0 BETA Technologies has flown an electric aircraft built on its new production line for the first time. The aircraft, an Alia CTOL, was permitted… Read more
Electra.aero unveils design of production aircraft news Yves Le Marquand 13 Nov 24 0 Electra.aero has provided a first look at the design of its ultra short hybrid-electric production aircraft, aka EL9. The design was unveiled at an event… Read more
EHang and Enpower to develop eVTOL motors news Yves Le Marquand 11 Nov 24 0 EHang has formed a strategic partnership with Zhuhai Enpower Electric to jointly develop electric motors and motor controllers for its eVTOL aircraft. Enpower is a… Read more
VoltAero inaugurates production facility news Yves Le Marquand 11 Nov 24 0 French hybrid-electric aircraft developer VoltAero has opened its production facility in France’s Nouvelle-Aquitaine region. The purpose-built 2,400sqm (25,833sqft) facility, located at Rochefort Airport near the… Read more
FAA authorises ANRA to deploy BVLOS technology in New York news Yves Le Marquand 8 Nov 24 0 Airspace management solutions provider ANRA Technologies has received a letter of acceptance (LOA) from the FAA to deploy its strategic conflict detection and aggregated conformance… Read more
Hydroplane wins US Army funding for H2 fuel cell for vertical lift applications news Yves Le Marquand 8 Nov 24 0 Hydroplane has won small business innovation research (SBIR) funding from the US Army to continue development of a hydrogen fuel cell powerplant for vertical lift… Read more
Archer’s expenses soar in Q3 amid manufacturing ramp-up news Fayaz Hussain 8 Nov 24 0 Archer reported widening losses in the third quarter of 2024, as the eVTOL manufacturer continues its push toward commercialisation. The company’s net loss expanded to… Read more