Eve, developer of next-generation Urban Air Mobility (UAM) solutions has released its second quarter 2022 financial results including the following highlights outlined in a press release: Net loss of $11.8 million in 2Q22 versus $2.4 […]
Skyports, the Advanced Air Mobility (AAM) vertiport infrastructure and drone services provider, has completed the final close of its Series B capital raise with fresh investment from ST Engineering through its Corporate Venture Capital unit, […]
ZeroAvia, a leader in hydrogen-electric, zero-emission aviation, today announced $30 million in funding from new investors Barclays Sustainable Impact Capital, NEOM and AENU, with International Airlines Group (IAG) adding to prior investment from the Group, […]
EHang annouced today on Twitter that it has “entered into a strategic partnership with the Guangzhou Branch of Agricultural Bank of China, one of the world’s 10 largest commercial banks, with indicative credit facilities of […]
As reported today by the Canadian news channel CBC News, Urban-Air Port, UK start-up producer of vertiports for drones and eVTOLs is linked through the possible sale of the Stephenville airport to Ottawa-based businessman Carl […]
Wingcopter, the German delivery drone manufacturer and service provider, today announced that it has raised USD42 million from financial and strategic investors. The new funding is part of a Series A extension round, tripling the […]
Gadfin – developer of eVTOL solutions for long-range B2B aerial delivery and scanning services, today announced the closing of its round A of funding, for USD7 million which was led by SIBF along with GEHR […]
DRONE FUND has officially closed its third fund (DRONE FUND III Investment Limited Partnership) after having raised a total of Japanese Yen 10.5 billion. The fund aims to create a global industrial ecosystem and solve […]
The drone industry is flying high, at present, partly on the back of the coronavirus pandemic and the opportunities this has offered the market. While the “hype cycle” may be waning, investment isn’t. Website dronelife.com, interviewed […]
The third largest private sector general insurer in India, HDFC Ergo, tied up with tech firm Tropogo this week to offer commercial drone owners and operators third-party liability cover for property damage and physical injuries […]
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