President Vladimir Putin viewed several of the new eSTOL aircraft programs being advanced by state-backed scientific research institutes and aerospace companies.

The California-based company is the first of several leading advanced air mobility start-ups going public via a merger with a special purpose acquisition company.

The vertiport facility, which opened in 2015, was designed mainly with helicopters in mind, but the 10-acre site has space to accommodate eVTOL aircraft, too.

The Tokyo-based start-up has been approved to use the wind tunnel facilities of the Japan Aerospace Exploration Agency.

The HorizonX fund will now be managed through a partnership between AE Industrial Partners and Boeing's Enterprise Technology Office and Applied Innovation team.

Investors beware, warns Teal Group's Richard Aboulafia. The eVTOL air taxi scene isn't quite the armageddon that the very light jet revolution was, but you can see it from here.

The company appears to be making progress in its efforts to bring the BlackFly to market for personal air transportation under FAA's Part 103 rules for ultralight aircraft.

Four senior executives from the aviation, automotive, technology and finance sectors have been nominated as directors for the company to be formed by merging the eVTOL aircraft developer with the special purpose acquisition company.

Start-up accelerator Starburst Aerospace is preparing to launch its new Blast program in September to incubate new aviation, defense and space start-ups.

Universal Hydrogen and Plug Power are forging an alliance with electric propulsion unit developer MagniX and aircraft conversion specialist AeroTec based in a new facility in Moses Lake, Washington.

Elroy has now raised $48 million and expects to have a complete prototype of its Chaparral autonomous cargo VTOL aircraft in flight test operations with the U.S. military during 2022.

The company has resumed flight testing with its eVTOL technology demonstrator and has published estimated per passenger pricing the Lilium Jet flight network.

The package delivery group plans to use the Alice eCargo aircraft for feeder services in the U.S. from 2024 as part of its long-term plan to cut carbon dioxide emissions from its operations.

An extraordinary general meeting of shareholders on August 5 is expected to approve Joby's planned merger with special purpose acquisition company Reinvent Technology Partners.

Azul has provisionally agreed to buy 220 of Lilium's six-passenger eVTOL aircraft for $1 billion and is working with the manufacturer to launch commercial services from 2025.

During the "Cleaner Skies" event at Valkenburg Airport in the Netherlands, the Delft University of Technology's AeroDelft team gave an update on their plans to develop hydrogen-powered aircraft.

Rolls-Royce will expand its research and development footprint at Purdue University in a multi-million-dollar partnership with the university and the Purdue Research Foundation.

The company is testing subscale eVTOL and eSTOL versions of its eStarling aircraft, with recent trials having focused on validating the flight control system.

Every minute that an eVTOL aircraft saves in getting emergency medical support to a patient increases the chance of survival, and this application also demonstrates clear societal benefits for the new mode of transportation.

Advanced communications technology is a key part of the urban air mobility equation because the new sector will greedily consume data, which is why trade groups are calling for careful planning with service providers and technology experts.