Japanese eVTOL manufacturer SkyDrive Inc. has announced that it secured additional funding in its Series C round. In September 2022, the company successfully raised 9.6 billion yen in Series C. MUFG Bank, Ltd., one of […]
Honeywell’s one-megawatt generator has been selected by FLYING WHALES QUEBEC to supply power for its new hybrid-electric airship, the LCA60T. Both companies signed a contract for the integration and supply of Honeywell’s 1-megawatt generator. Based […]
Volocopter, announced yesterday the opening of its production facilities in Bruchsal. “The company marked this milestone with the opening of a new hangar that will host the company’s final assembly line with an airfield to […]
H2FLY, the Stuttgart-based developer of hydrogen fuel cell systems for aircraft, today announced that it has successfully passed liquid hydrogen on-ground filling tests with the newly developed liquid hydrogen tank which is integrated into its […]
Horizon Aircraft has announced today that it has successfully completed initial transition flight testing of its Cavorite X5 50% scale eVTOL prototype in the ACE Climatic Wind Tunnel. Brandon Robinson, CEO of Horizon Aircraft said: […]
Libra Group, a privately owned international business group has announced today that Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) has agreed to acquire a 35% stake in its aviation subsidiary, LCI. Additionally, SMFL and Libra […]
EVFLY, a company that manages and operates the new generation of electric aircraft eVTOL (Electric Vertical Take Off and Landing) also specialized in advanced air mobility( AAM) services, today announced the signature of a LoI […]
Several on-line press reports say Shanghai-based eVTOL startup Vertaxi has unveiled the full size prototype of its five-seat M1 eVTOL. The company plans to certify the cargo model first with 500kg payload. According to February […]
Leaders from the US advanced air mobility (AAM) community, giving evidence to the US House Transportation & Infrastructure Committee on “FAA Reauthorization: Harnessing the Evolution of Flight to Deliver for the American People” on March […]
Stirling Dynamics, part of engineering, technology and consultancy provider Expleo, has announced a partnership with Hanwha Aerospace, to develop new technology that “will help power the future of zero-emission aviation.” The companies say they are […]
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