Horizon Aircraft's Cavorite X7 already sported a radical design, even within the wild world of hybrid eVTOLs. That design has now been updated, however, for enhanced aerodynamics, cruising performance, and flight safety. We first heard about Canadian company Horizon Aircraft back...

Eve Air Mobility has secured $150 million in debt financing from a syndicate of leading financial institutions. The 5-year loan, announced on Jan 20, included Itau, Banco do Brasil, Citibank, and Mitsubishi UFJ Financial Group, underscoring strong market confidence...

Vertical Aerospace has announced plans for electric air taxi routes in New York it, working with the Bristow Group and Skyports Infrastructure to develop services connecting Manhattan with airports and regional destinations. The routes would use Vertical’s Valo eVTOL aircraft,...

Archer Aviation (Archer) has signed a partnership agreement with the Government of the Republic of Serbia as the country positions itself to play a leading role in the adoption of electric air taxis across Europe. Under the agreement, Serbia has...

UK-based Vertical Aerospace has chosen New York City for the US debut of Valo, its new commercial eVTOL aircraft, as the company begins laying out how electric air travel could operate in one of the world’s most demanding and operationally complex urban markets. For Vertical,...