Archer has published its Shareholder Letter covering the first quarter of 2024. In the letter it highlights a net loss for the first quarter 2024 of USD116.5 million, which increased sequentially by USD7.4 million from […]
The ACS Group has reached agreement to become an investor of Skyports, a global company in the ownership and operation of vertiports, sustainable infrastructures for air mobility and drone flights. “The investment is made through […]
Skyports today announced that infrastructure company ACS Group “has made a substantial equity investment in Skyports, to become the largest investor in the company”. “ACS Group, which in 2023 generated revenue of USD39 billion, has […]
The Austrian aviation technology company CycloTech, which is developing an innovative flight propulsion technology, has secured a EUR20 million investment just a few weeks after opening the funding round. CycloTech CEO Hans-Georg Kinsky emphasised the […]
Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of USD107 million in Series B funding. The company says the new round brings the total financing raised by Heart Aerospace since its […]
The rapid growth in the Advanced Air Mobility market and advances in establishing a regulatory framework for the sector is making electric Vertical Takeoff and Landing (eVTOL) an increasingly attractive market for professional investment, according […]
Vertical Aerospace announces today that it has secured USD50 million in committed funding from founder, majority owner and CEO, Stephen Fitzpatrick. The company says the investment provides the platform for further funding rounds and extends […]
SkyDrive, a Japanese eVTOL aircraft manufacturer, has announced that it has secured additional funding in its Series C round through a third-party allotment of new shares to Suzuki Motor Corporation (“Suzuki”). The company says this […]
Bradesco Bank has concluded with Eve Mobilidade Aérea Urbana, a subsidiary of Eve Air Mobility and a spin-off from Embraer, the first ESG financing guarantee operation aligned with the Green Loans Principles (2023 version), which […]
Robinson Aircraft Ltd., a hybrid electric eVTOL aircraft developer (“Horizon Aircraft”), today announced a strategic investment in the form of a convertible note purchased by certain accounts of Canso Investment Counsel Ltd. (“Canso”) and affiliated […]
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