Business
Joby Aviation, Inc. , a company developing electric vertical take-off and landing (eVTOL) aircraft, announced the third extension of its Agility Prime contract with the United States Air Force. The $55 million contract extension brings the total potential value of Joby’s current contract with the Air Force up to
Business
EHang Holdings Limited has announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Financial Results for Fiscal Year 2022 Revenues Total revenues were down to US$ 6.4M, compared with US$ 8.3M in 2021, primarily due to the decrease in the sales
Business
Dufour Aerospace, the Swiss eVTOL company, and Swiss Helicopter AG, Switzerland’s leading helicopter company, announced that they have signed a Letter of Intent for the purchase of two Aero2 and one Aero3 tilt-wing aircraft. This purchase represents a significant step for Dufour Aerospace as now all major Swiss
eVTOL
Airspeeder has announced the premiere of its highlights show, "Airspeeder: Above The Asphalt," on Fox Sports Australia and Kayo Sports this week. This is a significant milestone for everyone at Airspeeder and Alauda Aeronautics, and offers the possibility of experiencing the excitement of the first-ever eVTOL circuit
UAM/UTM
A new partnership between HCA Airport in Odense and Copenhagen Helicopter will be the first in Denmark to build an infrastructure for electrically powered flying taxis to ferry people between Denmark’s largest cities. Before the summer holidays, the first flying taxi is supposed be launched over Funen, and the
eVTOL
On December 11, Los Angeles-based Talyn Air, creators of a 100% electric vertical takeoff and landing aircraft system, inspired by the 2-stage rocket concept, successfully demonstrated in-flight deployment, a major milestone towards proving its concept for runway-free operations for the U.S. Air Force. Part of
eVTOL
To conclude the celebrations for the 60th anniversary of Renault 4, the car maker has decided to team up with motion design hub TheArsenale to create a futuristic showcar, reinterpretation of this iconic model. 2021 marks the 60th anniversary of Renault 4L, a car that has sold more than 8
eVTOL
Skyports, a global designer, developer, and operator of vertiports (landing sites for eVTOL aircraft) is developing Europe’s first test vertiport in France, as a significant step towards launching commercial Advanced Air Mobility (AAM) services in time for the 2024 Paris Olympics. The programme is part of the Re.Invent
UAM/UTM
At a Seoul airport, South Korea's transportation ministry demonstrated its future-generation flying urban transportation system. German urban air mobility (UAM) pioneer, Volocopter, completed the first test flight with its 2X aircraft in Seoul, South Korea. It was the first-ever crewed public test flight of a fully
eVTOL
Swiss-based eVTOL development and production company Dufour Aerospace launched the Aero2 as its first commercially available product in their tilt-wing eVTOL family. Aero2 is designed as amulti-purpose small unmanned aircraft with an unmatched operational flexibility and low operating cost. With a payload of up to 40 kg
eVTOL
Swedish startup Jetson Aero is turning to personal aerial vehicles that offer flight convenience similar to that of a private car. Its Jetson One aircraft is an octocopter with four arms stretching from its fuselage, each with a pair of rotors and a total output of 88 kW. This personal
Business
Japan Airlines intends to lease or purchase up to 50 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon. The order, which sees JAL hold options to lease or purchase another 50 units, comes as it enters into a strategic partnership with Avolon, with the