NEOM, the smart and sustainable regional development in northwest Saudi Arabia, has announced a USD175 million Series E investment in Volocopter. According to a press release: “This deal will expand NEOM’s strategic partnership with Volocopter […]
Arabian Development and Marketing Corporation (ADMC) and Sabrewing Aircraft Company have announced that ADMC has ordered 53 of the heavy-lift cargo uncrewed aerial vehicle (UAV) from Sabrewing. This September, Sabrewing announced that it had flown […]
Lovenie, a French start-up, is reported to have begun its first “stabilised flight tests” of its recreational flying kart single-seat prototype, planning the first finished kart test flights in Spring 2023, said David Dricourt, founder […]
Evolito Limited, a privately-owned company developing and manufacturing electric motors and powertrains for aerospace applications, has today announced former YASA CEO, Dr. Chris Harris, is joining the company as CEO. As detailed in the press […]
Tier 1 Engineering, in cooperation with its collaborator Lung Biotechnology PBC, announced today it had successfully completed a flight between Jacqueline Cochran Regional Airport, near Coachella, and Palm Springs International Airport on October 29, 2022, […]
Electric Power Systems (EP Systems), a global electric powertrain supplier in the aviation industry, today announced it has entered into a Letter of Intent (LOI) with Plana, a hybrid eVTOL company based in South Korea […]
Landing gear company Mecaer Aviation Group and Archer Aviation are widely reported to have entered into an agreement for the design, development, qualification, and supply of landing gear for Archer’s piloted-plus-four-passenger eVTOL aircraft, Midnight. Mecaer […]
Undefined Technologies, a Florida-based startup, recently announced that its eVTOL ion propulsion drone, Silent Ventus™, has successfully completed a critical test flight hitting its projected flight time and lifting power, making this a major milestone […]
Volocopter, a pioneer of urban air mobility (UAM), today announced it has raised an additional USD 182 million in the second signing of its Series E funding round. NEOM – the Red Sea’s smart, cognitive region project […]
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