Vertical Aerospace today announced a new agreement between the company, its majority shareholder Stephen Fitzpatrick, and its primary creditor Mudrick Capital Management. This “secures a commitment to USD50 million in new funding, strengthening Vertical’s financial […]
A new report from IDTechEx, “Sustainable Future Aviation 2025-2045” predicts that 24% of aircraft sales will be battery electric in 2045 and compares the relatively carbon footprint of different forms or aviation hydrogen fuel. “Hydrogen […]
Downtown Skyport LLC, a consortium of Skyports and Groupe ADP, has been chosen by the New York City Economic Development Corporation (EDC) to be the new operator of the Downtown Manhattan Heliport, according to the […]
During the recent Smart City Expo & Tomorrow Mobility World Congress 2024 in Barcelona, Spain, EHang signed a Memorandum of Understanding (MoU) on Advanced Air Mobility (AAM) ecosystem with Vertiports Network, a European vertiport infrastructure company, which designs […]
Volocopter has appointed Oliver Vogelgesang as its Chief Financial Officer (CFO), effective immediately. “Oliver will steer the ongoing fundraising activities and future-proof financial activities following its aircraft certification in 2025 and entry into market,” said […]
SkyDrive, SAI Flight, one of the largest private jet charter companies in South Carolina, and Greenville Downtown Airport, the state’s busiest general aviation hub, have signed a Memorandum of Understanding (MOU) to jointly develop innovative […]
Altair has signed a collaboration agreement with aerospace startup Moya Aero as part of Altair’s Aerospace Startup Acceleration Program (ASAP). Within the agreement, Moya Aero will leverage an array of solutions in the Altair® HyperWorks® design and simulation platform and the organizations will collaborate […]
Skyway, a vertiport operations company, and UrbanLink Air Mobility, an eVTOL operator, have announced the selection of Central and South Florida as locations for the development of Advanced Air Mobility (AAM) vertiports, with commercial operations […]
Volz Servos has signed a production agreement with BETA Technologies as an electromechanical actuator partner for the ALIA project. “Volz will soon complete its EN 9100 certification, equivalent to AS 9100”, said Phillipp Volz, CEO […]
The UK Civil Aviation Authority (CAA) has outlined its charging proposals for air operator certification certificates and vertiport applications and licensing certificates. According to these proposals, it will cost UKP4,332 in vertiport licensing certification for […]
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