Archer Aviation has announced operating and financial results for the second quarter ended June 30, 2023. In tandem with earnings, Archer made a series of announcements that the company says “reinforce its path to FAA […]
Helipass and MICAELIS have announced that they have formed a partnership through a memorandum of understanding (“MoU”). The companies say this collaboration aims to integrate the MICAELIS electric vertical take-off and landing aircraft (“eVTOL”) solutions […]
The prototype Vertical Aerospace VX4 eVTOL has been damaged during flight tests at its Cotswolds Airfield test centre, in the UK. The exact state of the damage has yet to be confirmed but media reports say […]
Eve Air Mobility (“Eve”) and DHL Supply Chain, a global player in warehousing and distribution, announced today the signature of a Memorandum of Understanding (MoU) to conduct a study of key demands and supply chain […]
Eve Holding has released its second-quarter earnings today reporting a net loss of USD31.4 million in 2Q23 versus USD107.2 million in 2Q22. According to the company statement “Setting aside non-recurring warrant-related expenses connected to Eve’s […]
Samson Sky reports that during the AirVenture Oshkosh show the company received 115 more orders for its Switchblade flying cars, valued at nearly USD22 million. “This two-seat flying sports car is arguably the most sought-after […]
Archer Aviation today announced that on August 4 it showcased its Midnight eVTOL aircraft to a group of leaders from the U.S. Marine Corps (USMC). The visit from the USMC comes on the heels of […]
During the recent Oshkosh EAA event Canadian eVTOL/eCTOL aircraft manufacturer Limosa announced the LimoConnect V2, the newest version of its eVTOL aircraft. This updated version features several significant improvements over the original, including a change […]
Astronics Corporation – a provider of advanced technologies for global aerospace, defence and other mission critical industries – has announced that it has accepted purchase orders to provide electrical power distribution, conversion, and vehicle charge […]
Joby Aviation issued its Second Quarter 2023 Shareholder Letter detailing the company’s operational and financial results for the period ending June 30, 2023. The company reported: “Net loss of USD286 million reflected the unfavorable revaluation of derivative […]
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