Chery will launch its first eVTOL (Electric Vertical Takeoff and Landing) flying car in October, becoming the latest player in the so-called low-altitude economy. Wang Junjie, director of Chery's flying car laboratory, revealed the plan at a forum held today...

Colugo Systems, an Israeli company specializing in electric drones, has raised US$8.5 million in its initial funding round. Led by Ayalon Insurance and Finance, this investment values the company at US$65 million pre-funding. Founded in 2018, Colugo has primarily generated revenue...

Joby Aviation announced on June 3, 2025, that it has signed a Memorandum of Understanding (MoU)with Abdul Latif Jameel, a diversified business conglomerate based in Saudi Arabia.  The recently signed agreement sets a framework for the two companies to cooperate...

Just imagine flying above city streets, getting from Manhattan to JFK very fast and travelling in a stylish, soundless and eco-friendly aeroplane. Archer Aviation has shown that this is no longer a science fiction fantasy. Midnight, the company’s electric...

a global aerospace and technology company that is pioneering electric aviation, last month made European aviation history with the first-ever piloted wingborne flight of a winged electric vertical take-off and landing (eVTOL) aircraft in open airspace. The landmark flight of...