Utah’s KSL news service reports that the state’s Point of the Mountain State Land Authority has hired the financial advisory firm Nexa Capital Partners to analyze the feasibility of transforming the Point, a 600-acre property […]
Abu Dhabi Airports and Groupe ADP have extended their partnership to develop Advanced Air Mobility (AAM) infrastructure in the emirate. The partnership extension will focus on the operation of ground infrastructure for AAM services in […]
magniX has launched the next phase in the NASA Electrified Powertrain Flight Demonstration program (EPFD) as it unveiled the De Havilland DHC-7 (Dash 7) aircraft that will be retrofitted with magniX’s electric powertrains. “The aircraft, […]
Archer Aviation this week announced that it has now closed on USD220 million of USD 230 million of additional capital raised since the end of Q2, with USD10 million remaining in the form of a […]
Horizon Aircraft has announced that Tom Brassington has been appointed as Chief Technology Officer. “Tom is the latest in a series of new hires as Horizon Aircraft continues to bolster its engineering team with people […]
EHang Holdings Limited today announced its unaudited financial results for the second quarter ended June 30, 2024. According to the company: “Sales and deliveries of EH216 series products were 49 units, the highest quarterly delivery […]
Altaport, an airport operations management systems supplier, has partnered with 1200.aero, a company providing airport operations tracking, to provide a new service that automates operations tracking, fee collection, and transient management for airports, all within […]
Multiple Chinese media reports say Volant Aerotech, manufacturer of the VE25 eVTOL has secured USD100 million in a Series A++++ financing round. “The fundraiser was led by Beijing Robot Industry Development Investment Fund, Shanghai-based Volant […]
Lilium has completed the first phase of integration testing of the Lilium Jet’s electrical power system at the company’s purpose-built laboratory, according to the company in a press statement. “The test completion represents a key […]
Lilium “is apparently considering a sale to foreign investors and a relocation abroad,” according to the German news publication Handelsblatt. “According to information from Handelsblatt, the management team around CEO Klaus Roewe commissioned consultants in […]
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