Volocopter CEO to step down in early 2025

news

Yves Le Marquand

6 Sep 24

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Volocopter CEO Dirk Hoke has had his request to step down in February 2025 accepted by the firm’s advisory board. Hoke took over from Florian…

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AAMbulance: ERC’s plans for medical eVTOLs

Deep Dive

Yves Le Marquand

31 Jul 24

0

In aircraft engineer circles the ‘What came first, the chicken or the egg?’ conundrum is more commonly referred to as ‘What came first, the aircraft or the…

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Vaeridion joins Bosch Campus, Germany

news

Oscar Henderson

8 Jul 24

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Bosch Campus announces the arrival of Væridion, a  company dedicated to advancing electric aircraft technology. Located at Bosch Campus in Holzkirchen, Germany, Væridion will focus…

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Lilium reports successful first propulsion unit tests

news

Yves Le Marquand

26 Jun 24

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Lilium has completed the first series of tests of its electric jet propulsion unit.  Testing of the propulsion unit, comprising two engines within a propulsion…

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Europe’s first all-electric international flights open to public

news

Yves Le Marquand

17 Jun 24

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Maastricht Aachen Airport, in the south of the Netherlands, is to host the first publicly accessible electric powered flights between the country and neighbouring Belgium and…

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Lilium CEO expects state loan guarantees in matter of weeks

news

Yves Le Marquand

14 Jun 24

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Lilium expects to receive guarantees from the Federal Government and the State of Bavaria as security for a loan from the German state bank KfW…

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Rolls-Royce Electrical to supply EPU to MD Aircraft

news

Yves Le Marquand

12 Jun 24

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Regional air mobility startup MD Aircraft has selected Rolls-Royce’s electric division to supply the electronic power unit (EPU) for its aircraft. The partnership, which was…

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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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Textron eAviation acquires Amazilia Aerospace

news

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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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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Lilium shifting focus to France as it seeks capital for production ramp up

news

Yves Le Marquand

13 May 24

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Lilium is in advanced talks with the French government on potential subsidies and loan guarantees worth up to €400m as it seeks to expand production…

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Volocopter capital needs intensify following loan option stall

news

Yves Le Marquand

29 Apr 24

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Volocopter’s CEO, Dirk Hoke has said the company could be forced to look at insolvency options “in the foreseeable future”, according to German newspaper Süddeutsche Zeitung. The…

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Lilium begins production of battery packs

news

Yves Le Marquand

16 Apr 24

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Lilium has started production of its battery packs to power the Lilium Jet on its first piloted test flight, planned for the end of this…

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LYTE Aviation partners with Lange Aviation and Cranfield University

news

Yves Le Marquand

27 Mar 24

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LYTE Aviation sets its sights on prototype building, forging new partnerships with Lange Aviation and Cranfield University. Although details surrounding construction timeline and initial test…

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Lilium names Johan Malmqvist as chief financial officer

news

Yves Le Marquand

25 Mar 24

0

German eVTOL developer Lilium has appointed Johan Malmqvist as chief financial officer (CFO). Malmqvist  has more than 25 years’ experience in CFO roles across a…

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