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 […]
Statkraft Ventures, a VC fund in energy transition and climate tech, today announced its investment in electric aviation company Electra. Electra says the investment will enable the company to further develop its hybrid-electric ultra-short takeoff […]
Lilium, developer of the all-electric vertical take-off and landing (“eVTOL”) jet, has released its Q2 2023 Shareholder Letter. The letter discusses Lilium’s progress towards important milestones in the development of its Lilium Jet and lists […]
Lilium announced today a USD192 million financing, including the pricing of an upsized USD75 million underwritten public offering of 57,692,308 of the Company’s Class A ordinary shares (the “Shares”), as well as a concurrent USD42 […]
Electra.aero, which recently introduced the EL-2 Goldfinch, a hybrid-electric, “ultra-short” takeoff and landing (eSTOL) demonstrator aircraft has received funding support from the Virginia Innovation Partnership Corporation (VIPC). The company says this milestone marks the entry […]
HYSKY Society has announced that LuftCar, an early sponsor of FLYING HY, has launched a crowdfunding campaign on StartEngine. According to the short statement “LuftCar is an innovative air mobility company that manufactures hydrogen eVTOL […]
Supernal LLC has announced a minority investment in TruWeather Solutions to leverage its weather data analytics and forecasting technology in Supernal’s electric vertical take-off and landing (eVTOL) vehicle and operations testing. Supernal is developing its […]
Lilium N.V. has today announced a capital raise for up to USD250 million, with USD100 million funded at close. A Form 6-K has been filed by the Company with the Securities and Exchange Commission on […]
REGENT, manufacturer of electric seagliders, has received a strategic investment from Lockheed Martin Ventures, the venture arm of Lockheed Martin, a defence and aerospace technology, to expedite the development of seagliders for defence missions. REGENT […]
Volocopter announced today that Sumitomo Corporation, a Fortune 500 company, invested in the company’s Series E Funding round. Sumitomo will also become a key strategic partner for entry into service in the Japanese market starting […]
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