The UK’s Aviation Minister has confirmed that £20 million ($25.8 million) will be invested into drone operations for emergency services and eVTOL services in the UK, paving the way for a regulatory pa...
Eve Air Mobility (Eve), the global electric vertical take-off and landing (eVTOL) aircraft manufacturer and services provider, has secured a $50 million loan from Citibank. The manufacturer says that ...
Archer Aviation has now closed on $220 million of its $230 million of additional capital raised since the end of the second quarter. The $10 million remaining is in the form of a committed investment ...
Electric vertical take-off and landing (eVTOL) aircraft developer Horizon Aircraft has appointed Tom Brassington as its chief technology officer. Brassington joined from eVTOL developer Lilium wher...
Saudia was advised by law-firm Norton Rose Fulbright on the airlines purchase of 50 electric vertical take-off and landing (eVTOL) jets from manufacturer Lilium, with options for the purchase of 50 mo...
Eve Air Mobility has named Diehl Aviation as the designer and producer for the interior, and ASE as the supplier for the power distribution system for the company’s eVTOL vertical take-off and landing...
Eve Air Mobility says that it has made a ""significant"" advancement in the assembly of the company’s first, full scale eVTOL aircraft. ""Our global team of engineers have shown exceptional dedicat...
Saudia Group has signed a binding sales agreement with electric aircraft manufacturer Lilium for 50 of its electric vertical takeoff and landing (eVTOL) jets with options for the purchase of 50 more. ...
Archer Aviation has secured an additional $55 million investment from Stellantis under the companies’ strategic funding agreement following the achievement of Archer's transition flight test milestone...
Eve Air Mobility has raised $94 million in new privately placed equity financing. The funding, which includes the issuance of new shares of common stock and warrants, includes participation from a ...
Front End has announced the successful demonstration of the first unmanned air taxi trail in Mecca on June 12, 2024. The company, which is aiming to integrate advanced technology across sectors, wo...
Saudi Arabia has successfully conducted its first air taxi trial in Mecca with a view to deployment in the coming years. Led by the General Authority of Civil Aviation (GACA), in collaboration with...
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