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Air taxis and personal transports

Eve announces additional USD35 million from BNDES to support eVTOL development in 2025

Eve Air Mobility has announced today a USD35 million fund from Brazil’s National Development Bank (BNDES) for continued eVTOL development. This second-phase funding follows a USD92.5 million line of credit secured in 2022 for R&D […]

Insurance and finance

Investment company River Capital “ready to make major investments in eVTOL sector”

International finance company River Capital Limited, has announced its strategic commitment to the eVTOL (electric Vertical Take-Off and Landing) market, “positioning itself as a key player in the evolution of urban air mobility,” says the […]

Air taxis and personal transports

Eve Air Mobility announces a USD50 million Citibank loan to fund research and development

Eve Air Mobility has announced a USD 50 million loan from Citibank N.A. to support the company’s aircraft research and development programme. According to the company: “With this additional loan, Eve’s 2Q24 pro-forma liquidity increases […]

Air taxis and personal transports

Doroni Aerospace reports “over USD1 million already raised in latest crowd funding round”

Doroni Aerospace has announced it has raised over USD1,000,000 so far in its Start Engine crowd funding campaign to accelerating the Doroni H1-X eVTOL’s path to market. Each investment made through StartEngine directly supports advanced […]

Air taxis and personal transports

Lilium announces USD114 million financing round – including private and public commitments

Lilium has announced a USD114 million financing round, including the pricing of a USD40 million underwritten public offering as well as a concurrent USD50 million private placement. “Financing sees meaningful participation from existing shareholders and […]