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.

A new contract with the U.S. Air Force marks the closing of Hydroplane’s seed round of fundraising.

Canadian regional airline Air Tindi will provide one of its Dash 7 twin turboprop aircraft to be converted to an electric propulsion system for NASA-backed flight trials.

The approval followed discussion over type certification requirements conducted through Japan's Public-Private Council for Air Mobility Revolution.

The UK-based company expects to fly its first full-scale prototype this summer, as customers such as leasing group Avolon advance plans for the launch of commercial air taxi services by 2025.

The Aerospace Technology Institute's 2022 technology strategy document argues that now is the time for industry to bet big to develop key products and processes that will drive carbon out of aviation.

Eve Urban Air Mobility said the number of provisional sales commitments received for its planned four-passenger eVTOL aircraft has reached 1,825.

The Slovenian company announced its intention to take its electric-powered trainer into the U.S. market a couple of week's after being acquired by Textron Aviation.

The French aircraft engine manufacturer is increasing its involvement in the burgeoning electric aviation sector by supplying its EngineUs family of motors to multiple aircraft manufacturers.

A new eVTOL aircraft advisory committee will consist of 10 executives appointed from United Airlines and Archer Aviation.