The company is combining its business with special purpose acquisition company Kensington Capital and hopes to raise $430 million with a New York Stock Exchange flotation.

Along with its equity investment, Hawaiian Airline agrees to support the initial design of the 100-passenger Monarch.

The company raised $377 million from an initial public offering on the New York Stock Exchange, with dented trading conditions resulting in less than the anticipated $500 million plus return.

The company reported rising operating costs related to increased expenditure to build and certify its four-passenger eVTOL aircraft.

A report in The Air Current this week claimed that the FAA is to fundamentally replace the basis on which new eVTOL aircraft will be certified by removing the use of existing Part 23 rules as the regulatory foundation.

The concept-of-operations document illustrates the complexity of establishing eVTOL air services across vast metropolitan areas, including those in Eve's home country, Brazil.

Results from recent NASA-backed flight tests with Joby’s eVTOL prototype demonstrate that its noise would be barely audible from city streets below.

The noise testing used 50 omnidirectional microphones deployed in a grid over which the Joby prototype flew repeatedly to represent anticipated operational noise profiles.

The California-based company is joining other key program partners, including Spirit AeroSystems, Thales, and Diehl.

Eve’s $377 million in initial public offering proceeds fell short of the $500 million originally targeted.

Air's engineering team is preparing to start hover testing the vehicle later in 2022, and the company is also working to secure the FAA's G1 type certification basis approval.

The oil and gas company is investing in the design and production of hydrogen refueling equipment, including mobile units and an landside-to-airport pipeline.

The 19-seat regional airliner could be ready to start flight testing with a combination of its turboprop engines and the company's ZA600 hydrogen-electric powertrain by September 2022.

Helinet is joining the Urban Movement Labs project, which already involves eVTOL aircraft developers Archer, Volocopter and Supernal.

Rolls-Royce Electrical's exhibit at the Aero Friedrichshafen show in Germany included the Spirit of Innovation electric aircraft, which recently smashed world speed records.

The Chinese eVTOL aircraft developer acknowledges that it needs to meet SEC requirements for transparency in financial reporting to avoid the prospect of being delisted from New York's Nasdaq stock exchange.

Avionord is the latest Italian private company to invest in Manta Aircraft, which is also supported by Italian government-backed CDP Venture Capital fund.

Experts believe “clean” production and distribution rank as the biggest challenges to the adoption of hydrogen power by the aviation industry.

The $91 million program is aimed at advancing eVTOL aircraft technology, as well as uncrewed air traffic management and ground infrastructure including vertiports.

TMAP brings extensive transportation and mapping data to Joby-SK Telecom partnership.