Volocopter raises $240m in Series D funding round news Alasdair Whyte 4 Mar 21 0 Upon closing its Series D funding round, which raised $240m (€200m), Volocopter has now pooled nearly $400m (€322m) across all funding rounds. The company said… Read more
Ex-Wheels Up sales executive Sean McGeough joins Aerion Supersonic news Alasdair Whyte 26 Feb 21 0 Sean McGeough has joined Aerion Supersonic as vice president of Sales. He brings more than 20 years of extensive industry experience, joining Aerion’s Global Sales… Read more
Deal Watch: Surf Air Mobility acquires Ampaire news Alasdair Whyte 26 Feb 21 0 For the shortest month of the year, February certainly has been busy with aviation deals. The most recent among this flurry of deals has been… Read more
Joby Aviation to go public via SPAC at $6.6bn news Alasdair Whyte 24 Feb 21 0 Joby Aviation announced that it has entered into a definitive business combination agreement with Reinvent Technology Partners (RTP) (NYSE:RTP), a special purpose acquisition company (SPAC),… Read more
Surf Air Mobility to acquire hybrid electric company Ampaire news Alasdair Whyte 19 Feb 21 0 Private aviation company Surf Air Mobility announced it will be acquiring hybrid electric company Ampaire. Read more
Revolution.Aero Uplift: Command and control – Drone system that sees (ai) everything news Alasdair Whyte 19 Feb 21 0 The Greeks won the war because they were inside the walls of Troy. Or so the myth leads us to believe. The famed Trojan Horse… Read more
Revolution.Aero Uplift: JetPack Aviation – sci-fi meets VTOL emergency medical services news Alasdair Whyte 16 Feb 21 0 It’s the stuff of dreams: Strapping on a jetpack and blasting off into the sky. But David Mayman, or Mr Jetpack, is turning dreams into… Read more
Joby Aviation close to $5.7bn SPAC deal news Alasdair Whyte 12 Feb 21 0 Joby Aviation is close to a deal which will value the company at $5.7bn, according to the Financial Times. The eVTOL company is in talks… Read more
Archer to go public at $3.8bn with United Airlines as first buyer news Alasdair Whyte 12 Feb 21 0 Archer, the start-up eVTOL aircraft manufacturer, will go public via merger with Special Purpose Acquisition Company (SPAC) Atlas Crest Investment Corp. The deal will give… Read more
Breaking news: New Vista Acquisition Corp files to raise $200m in IPO news Alasdair Whyte 3 Feb 21 0 A new Special Purpose Acquisition Company (SPAC), or blank check company called New Vista Acquisition Corp has filed with the US Securities and Exchange Commission… Read more
Inmarsat to provide satellite connectivity for UK’s first zero carbon regional air network news Alasdair Whyte 26 Jan 21 0 Inmarsat will provide connectivity for Project HEART (Hydrogen Electric and Automated Regional Transportation), a new initiative funded by the UK Government to develop the country’s… Read more
ATI Boeing Accelerator’s second cohort includes 10 start-ups news Alasdair Whyte 25 Jan 21 0 The ATI Boeing Accelerator has announced its second cohort of start-ups. The 10 companies were selected from nearly 200 applications from more than 40 countries.… Read more
UAM ‘must incorporate the needs of disabled citizens’: White Paper news Alasdair Whyte 22 Jan 21 0 Disabled flying charity Aerobility and trade association The Civic Air Transport Association (CIVATAglobal) have released a White Paper calling for the inclusion of disabled groups… Read more
Sees.ai and partners win share of £30m to develop advanced drone system news Alasdair Whyte 22 Jan 21 0 A consortium of 16 companies led by specialist drone command and control solution developer, sees.ai, has won a share of £30m to develop and test… Read more
Revolution.Aero Uplift: Getting the Jump (Aero) on first responder eVTOL services news Alasdair Whyte 22 Jan 21 0 You look up from the desk in your home office to see someone having a heart attack in their driveway across the street. You dial… Read more