Insurance and finance

Investment company River Capital “ready to make major investments in eVTOL sector”

International finance company River Capital Limited, has announced its strategic commitment to the eVTOL (electric Vertical Take-Off and Landing) market, “positioning itself as a key player in the evolution of urban air mobility,” says the […]

Vertiports

UrbanV and Korea Airports Corporation partner to develop vertiports in Korea and beyond

UrbanV, the Italian vertiport network operator and Korea Airports Corporation (KAC) have signed an agreement to develop vertiport networks and create an AAM ecosystem. The cooperation will also create potential synergies in future overseas Urban Air […]

Air taxis and personal transports

Wisk, Skygrid and FAA William J Hughes centre to research remotely piloted eVTOL NAS integration

Wisk Aero has announced in a Linkedin post at it is partnering with the US Federal Aviation Administration’s William J. Hughes Technical Center for Advanced Aerospace to research safely integrating remotely supervised AAM operations in […]

Securing urban airspace

US TSA “positioning itself as a key player in AAM security standards development”

The US Transportation Security Administration (TSA) “is positioning itself as a key player in shaping international standards and practices for AAM security,” said Rob Rottman, US TSA Policy, Plans and Engagement (PPE) Aviation Policy executive […]

Air taxis and personal transports

Eve Air Mobility announces a USD50 million Citibank loan to fund research and development

Eve Air Mobility has announced a USD 50 million loan from Citibank N.A. to support the company’s aircraft research and development programme. According to the company: “With this additional loan, Eve’s 2Q24 pro-forma liquidity increases […]

Air taxis and personal transports

EHang and Civil Aviation Flight University of China partner on eVTOL operations training and licensing

EHang Holdings Limited today announced it has entered into a strategic partnership with the Civil Aviation Flight University of China (CAFUC). “Building upon the CAFUC’s extensive expertise in civil aviation education, research, and talent development, […]

Fixed wing low/zero emissions

Hydrogen-electric business aircraft company Beyond Aero raises USD44 million in investment

Beyond Aero, a French hydrogen-propelled electric aviation company has, announced a successful Series A funding round, securing an additional USD20 million. Co-led by Giant Ventures and Bpifrance (the French Sovereign Fund) via its Deeptech 2030 […]