Chinese eVTOL aircraft developer TCab Tech has closed a Series B+ funding round, announcing on March 27 that it has now raised a total of $100 million. The Shanghai-based company did not disclose the amount raised in the latest...

Last issue’s first part covered the leading eVTOL aircraft developments. This installment reviews lesser-known Chinese eVTOL aircraft players. Throughout the year, a wave of new electric vertical takeoff and landing (eVTOL) aircraft companies have emerged alongside more recognized, established names like...

Flight of jetson one’s first production-ready eVTOL  Jetson ONE unveils its first production-ready eVTOL in a test flight, even hovering in the air without the pilot’s control. The aircraft completes its first commute in 2022. The following year, it receives certification as the first...

Amid the attention-grabbing headlines and sweeping projections for advanced air mobility (AAM), a few companies have stood out as outliers, charting a quieter path by concentrating on research and development. One such company is Manta Aircraft, which was suddenly in...

The global eVTOL market is projected to witness a growth rate of 28.4% annually from 2025 to 2040, with an anticipated size of US$ 3.2 billion by 2040, according to an analysis by Stratview Research. Stratview Research, a global market research...