German technology investment group Team Global led a Series A funding round that will support the Chinese start-up's efforts to bring a four-passenger eVTOL aircraft to market in 2024.
Type certification for its four-passenger eVTOL should begin in earnest in 2022 when the FAA confirms the means of compliance, allowing full testing of all systems and components and the complete prototype.
Working with battery developer Electroflight and motor and controller maker Yasa, the aero engines group converted an NXT Next kitplane to achieve speeds matching the world's fastest single turboprop aircraft.
Senior executives from eVTOL aircraft developers Joby and Archer, and also would-be early urban air mobility adopter United Airlines, shared their vision in a Northwestern University webinar.
The subsidiary of Brazilian aerospace group Embraer is partnering with the branding organization formed by the country's Formula One car racing legend Ayrton Senna.
As it continues on the long and winding path to revenue generation with its four-passenger eVTOL aircraft, Joby's cash batteries appear to be well charged.
In 2022, Lilium will relocate flight testing of its fifth-generation technology demonstrator from Germany to Spain where better weather will allow it to expand the flight envelope.
Brazil-based on-demand flight booking service Flapper has committed to convert up to 20 Cessna Grand Caravans to run on MagniX's electric propulsion system from 2024.
Will eVTOL air taxi services really be able to deliver the promised on-demand flights affordable across income groups, or will this be another perk for high-net-worth individuals?
Operators of eVTOL air taxi services need to recruit and train pilots to support services that they say will rapidly scale up, but regulators aren't ready to cut any corners on safety.
The Slovenian electric aviation pioneer makes the world's first type certificated all-electric aircraft and is developing a family of 19-passenger regional aircraft called the Miniliner.
The 2X is a pre-series version of the two-seat, all-electric VoloCity vehicle that the German company intends to bring into commercial service in 2023.
The California company, which says it expects the first hover flight of the two-seat vehicle to happen during December, reported its first set of quarterly earnings since its initial public offering in September.
The U.S.-based subsidiary is one of 50 business units of the South Korean automotive group working to advance Hyundai's ambitions to be an intermodal transportation solutions provider.