ZeroAvia, a leader in hydrogen-electric, zero-emission aviation, today announced $30 million in funding from new investors Barclays Sustainable Impact Capital, NEOM and AENU, with International Airlines Group (IAG) adding to prior investment from the Group, […]
Urban-Air Port (UAP), the British start-up in the design and manufacture of vertiports for Advanced Air Mobility (AAM) has announced the latest addition to their partner ecosystem: Skyroads, a Germany based technology company who are […]
Markets and Markets have published today a new report “Urban Air Mobility – Global Forecast to 2030“, in which the market is projected to grow from USD 2.6 billion in 2022 to USD 28.3 billion […]
Lilium, developer of the all-electric vertical take-off and landing (“eVTOL”) jet, has signed an agreement with Helity Copter Airlines (“Helity”) to develop an eVTOL network in Andalusia. Under the agreement, Helity intends to initially purchase […]
Honeywell and Hanwha Systems announced today at Farnborough International Air Show the signing of a memorandum of understanding (MOU) to collaborate on unmanned aerial systems and urban air mobility (UAS/UAM) technology development in South Korea. […]
“After record inflows of funding in 2021, funding has resumed more normal growth thus far in 2022” according to a new report published by McKinsey at Farnborough International Air Show. “Over the past five years,” […]
DroneUp, a global provider of drone technology and services announced today the opening of a third location in their multi-site commercial drone delivery efforts. This location, which will be located in Rogers, Arkansas at the […]
Archer Aviation Inc. and FACC, a specialist in the development and manufacturing of aircraft components and systems, announced at Farnborough International Air Show it has entered into an agreement for FACC to fabricate and supply […]
Eve Holding has announced at the Farnborough Airshow a non-binding Letter of Intent (“LOI”) with Embraer and BAE Systems to explore the potential order of up to 150 electric vertical take-off and landing (eVTOL) vehicles […]
L3Harris Technologies released a press announcement today confirming its introduced a new Extra Lightweight Data Recorder (xLDR) designed especially to address the growing light eVTOL and unmanned aircraft systems market. “The xLDR is a 50% […]
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