Air taxis and personal transports

Vertical Aerospace secures more funding, outlines new financial and programme strategies

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 […]

Jobs and appointments

Volocopter appoints Olivier Vogelsang, formerly of Lilium, to CFO post

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 […]

AAM/UAM route and programme news

SkyDrive, SAI Flight, Greenville Downtown airport to develop AAM services in Greenville

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 […]

Cargo and logistics

Brazilian cargo eVTOL OEM Moya joins Altair’s Aerospace Startup Acceleration Program

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 […]