Alpine Vertical has launched a $20 million equity raise to accelerate the development and commercialization of its hybrid Vertical Take-Off and Landing (hVTOL) aircraft, the Argon. This funding round marks a significant milestone in the company’s mission to deliver safe,...

Dream Sky Technology was founded in 2022 and is in the business of designing and manufacturing passenger and air cargo hybrid-electric vertical takeoff and landing (VTOL) aircraft. The company is located in China. During November 2024, the company announced...

Throughout the year, a wave of new electric vertical takeoff and landing (eVTOL) aircraft companies have emerged alongside more recognized, established names like AutoFlight, EHang and XPeng AeroHT. Some are newcomers, leveraging their expertise from aerospace giants, such as...

In the midst of China’s reforms to promote low-altitude economic development and accelerate technological progress, tiltrotor technology has remained a relatively minor element of the local civilian aerospace sector, primarily focused on uncrewed aircraft systems (UAS) and electric vertical...

China’s Zhejiang Wanfeng Auto Wheel Co. has agreed to acquire German eVTOL aircraft manufacturer Volocopter, which is currently involved in an insolvency process. In a stock exchange statement reported on March 10 by China Evtol News, the automotive group said that...