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 Take-Off and Landing) expects to see growing interest from...

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 (VTOL) aircraft.  ATEA, which incorporates an innovative propulsion architecture consisting...

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 aviation industry has made only incremental improvements, constrained by legacy...

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 a recent stock exchange announcement, comes after Volocopter faced...

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 companies partner on the launch of Joby’s revolutionary air...