Vaeridion is deploying a long wingspan to maximize range for an aircraft it believes will find roles in the private aviation and regional air mobility sectors.
The Chinese company is eagerly awaiting an uptick in revenues once initial type certification is in hand and it can accelerate deliveries of the two-seat autonomous vehicle.
A merger preceding a combined Nasdaq market listing could be approved on September 8, with the transaction expected to be concluded during the fourth quarter of this year.
The Chinese company aims to achieve domestic certification for its five-seat E20 eVTOL vehicle in 2025 with the Civil Aviation Administration of China.
The aircraft, which is being developed for military and civil airline applications, is under consideration for the Pentagon's future airlifter and tanker requirements.
The General Aviation Manufacturers Association compiled an industry-wide response to FAA’s proposed Special Federal Aviation Regulation for Integration of Powered Lift: Pilot Certification and Operations that will apply to new eVTOL aircraft.
The companies have confirmed an agreement struck on July 26 that calls for Sino Jet to add up to 100 of the AE200 eVTOL vehicles to its fleet of business jets.
Rival eVTOL air taxi developers Archer Aviation and Wisk Aero have squashed their row over intellectual property and will now collaborate on autonomous flight technologies, the companies announced August 10.
Images posted online show significant damage to the first full-scale prototype of the company's VX4 eVTOL aircraft following a motor failure flight test.
Vertical Aerospace has confirmed that its VX4 eVTOL prototype aircraft was involved in a safety incident during flight testing at Cotswold Airport in the UK.
The U.S. company is chasing more funding to advance its plans for civil and military applications in partnership with Israel Aerospace Industries and Kaman.
While eVTOL aircraft and uncrewed drones will operate differently in various countries, Heron AirBridge says a robust approach to air traffic management will be the key to success.