It is an exciting time for the Advanced Air Mobility (AAM) industry, and Wisk is proud to be at the forefront of shaping the future of autonomous flight. Australia, with […]
Introduction to eVTOL aircraft Electric Vertical Take-Off and Landing (eVTOL) aircraft represent a transformative shift in aviation technology. They promise to revolutionize urban mobility, reduce traffic congestion, and mitigate environmental […]
$220M re-financing secured, including balance sheet restructure and upsized $90M public offering,funding operations through 2025 The Annual Report outlines Vertical’s progress in 2024 and recent updates, including:Business Strategy & Funding: […]
Vertical completes Phase 2 of its piloted thrustborne testing with the VX4 prototype exceedingexpectations for stability and performance Stuart Simpson, CEO of Vertical Aerospace, said:“This year has started with incredible […]
Vertical becomes only the second company in the world to achieve piloted thrustborne flightmanoeuvres with a full-scale vectored thrust eVTOL aircraft First Thrustborne FlightVertical’s VX4 aircraft has now progressed from […]
New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and developer of the world’s first hybrid eVTOL (electric Vertical […]
Ascendance has announced that it has selected ENGINeUS, the first EASA-certified electric motor, developed by Safran Electrical & Power, for the prototype flying ATEA, its hybrid-electric vertical take-off and landing […]
Archer Aviation Inc. (NYSE: ACHR) and Palantir Technologies Inc. (Nasdaq: PLTR) announced a partnership today to build the AI foundation for the future of next-gen aviation technologies. For decades, the […]
Once a frontrunner in the European eVTOL industry, German startup Volocopter may have found a financial lifeline through an acquisition by China-based Wanfeng Group. The €10-million (US$10.9-million) deal, disclosed in […]
Joby Aviation, Inc. (NYSE:JOBY), a California-based company developing electric air taxis for commercial passenger service, announced a partnership with Virgin Atlantic, a premium long-haul UK airline, that will see the […]