Click Bond advert. Click for website
Air taxis and personal transports

Archer agrees financing and development of “high volume” Georgia manufacturing plant

Today, Archer Aviation In. announced that it has closed agreements with Synovus Bank and Evans General Contractors, LLC for the financing and development of its high-volume manufacturing facility in Covington, Georgia, USA. “Construction is already underway on the […]

Air taxis and personal transports

Utah State and Jump Aero to collaborate on Jump Aero first responder eVTOL services

Jump Aero, a California-based aviation manufacturer building a “fast sustainable personal aircraft”, and the Utah Department of Transportation-Division of Aeronautics have agreed to collaboratively determine what full coverage of the state with Jump Aero’s flight-based […]

Air taxis and personal transports

Nidec and Embraer approved for JV to develop electric propulsion system for aerospace sector

Japan’s Nidec Corporation and Brazil’s Embraer have welcomed the “unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC”. The two partners say the transaction combines the complementary […]

Air taxis and personal transports

RTX developing solid-state circuit breaker for hybrid-electric aircraft under NASA contract

RTX, the aerospace and defence company, today announced it has demonstrated the operation of a solid-state circuit breaker to support hybrid-electric propulsion systems in future aircraft, which the company describes as a key part of […]

Air taxis and personal transports

Hydrogen-powered Luftcar flying car manufacturer reports potential USD100 million funding

LuftCar LLC, a US based hydrogen powered aircraft developer, has announced it has received a “term sheet” for USD100 million investment from GEM Global Yield LLC SCS (“GEM”), a Luxembourg-based private equity group. “The funds […]