CycloTech reveals its BlackBird flying car demonstrator featuring advanced CycloRotor technology for unparalleled control and stability.

EHang's board approves a $30 million share buyback, signaling confidence in long-term growth.

Lilium N.V., the electric aircraft manufacturer, has appointed KPMG to oversee a transparent mergers and acquisitions (M&A) process as part of its restructuring strategy.

The new funding is expected to support Joby's progress in certifying its electric vertical takeoff and landing (eVTOL) aircraft with the Federal Aviation Administration (FAA) and transitioning to full-scale commercial production.

The company plans to replace long, traffic-laden commutes with swift, 10-20 minute electric flights in its Midnight aircraft, with the network set to begin operations as early as 2026.

Southwest Airlines and Archer Aviation have signed an MOU to develop electric air taxi networks at California airports. This initiative aims to reduce travel time and enhance customer experience with low-emission eVTOL aircraft.

The company's intensive flight testing over the past four years involved more than 1,500 flights and covered over 33,000 miles, demonstrating significant advancements in range, speed, and noise reduction.

Eve’s inclusion in the committee marks a significant step in its efforts to influence and drive forward the urban air mobility (UAM) landscape not just in Japan but globally.

This funding, provided through the Aerospace Technology Institute (ATI) Programme, is earmarked for the development of next-generation propellers for its VX4 aircraft.

Under the definitive agreement, Joby is granted the exclusive rights to operate air taxis in Dubai for a span of six years

This strategic partnership is set to bolster Archer's recent announcement to initiate air taxi operations in Abu Dhabi and Dubai by 2026.

This event coincides with New York City Mayor Eric Adams' announcement regarding plans to electrify the Downtown Heliport, part of a broader initiative to support cleaner and quieter air travel solutions

The partnership focuses on employing BETA’s Charge Cube systems at Archer's flight test facilities and incorporating BETA's Mini Cube mobile chargers for flexible deployment.

During the third quarter, Joby Aviation reported that it has moved closer to FAA certification, with 84% of its Certification Plans, including those for its energy storage and power distribution, now accepted.

This development is built upon Archer’s extensive flight testing experience, including two years of full-scale tests with its Maker aircraft.

Within the scope of this alliance, Bristow has committed to a purchase of two Volocopter VoloCity aircraft, set to be delivered post-certification.

Awaiting review and potential incorporation into law by the EU's executive body, this proposal is termed as Opinion 03/2023.

This acquisition bolsters Terra Drone's intent to further Unifly's long-term vision and is viewed as a significant step towards expanding Terra Drone's global drone and UAM operations.

The integration streamlines the process for drone operators and prospective eVTOL pilots to digitally request and compensate for operations within the heliport's designated airspace.

This collaboration sets the stage for an innovative revolution in sustainable urban transportation, with the first flights expected to take off in Rome by 2025.

The plan focuses on the "Innovate28" AAM project, reflecting the FAA's objective to permit AAM operations at limited locations by 2028.

EHang raised the capital from several strategic investors, with Mr. Lee Soo Man, a well-known South Korean music producer and entrepreneur, leading the group.

The announcement was made by Volocopter, a pioneer of urban air mobility, in collaboration with Groupe ADP, the French Civil Aviation Authority, and the Paris region at the International Paris Air Show.

The aim is to provide an aerial commuting option as an alternative to the heavily congested roadways in the region.