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March 23, 2020

Lilium Raises $240 Million for Electric Air Taxi Development — ‘At Least 12 Months of Runway’

German electric air taxi developer Lilium completed an internal funding round worth over $240 million,…

January 22, 2020

Uber’s Aerial Rideshare Project ‘Entering the Next Phase’

SAN JOSE, Ca. — When Uber published a white paper in 2016 promising to build…

January 16, 2020

Joby Aviation Closes $590 Million Funding Round Led by Toyota

Joby Aviation has closed a $590 million Series C investment round led by Toyota Motor…

January 14, 2020

Six Urban Air Mobility Aircraft ‘Well Along’ in Type Certification, FAA’s Merkle Says

Six aircraft intended for urban air mobility application are “well along” in pursuing type certification…

January 10, 2020

CityAirbus Demonstrator Makes First Untethered Flight

Airbus’ all-electric, four-seat multicopter demonstrator, CityAirbus, made its first untethered flight in December in Donauwörth,…

January 06, 2020

Bell Expands Air Taxi Play: AerOS, Digital Infrastructure and All-Electric Nexus

ARLINGTON, Texas — Bell has been showing off its ‘Nexus’ hybrid-electric air taxi and ‘APT-70’ tail-sitting…

January 02, 2020

The Top 10 Air Taxi Stories of 2019

The past year was marked by incredible progress for the budding air taxi sector, capping…

September 12, 2019

Automakers Geely, Daimler Invest in Volocopter for Piece of ‘Future Transit’ Pie

Air taxi maker Volocopter closed a $55 million Series C fundraising round, placing the company’s…

August 30, 2019

NASA Launches Urban Air Mobility Grand Challenge Program

With NASA’s four-year testing program on unmanned aircraft integration drawing to a close, the agency…

August 30, 2019

BAE Systems Moves Into the Aircraft Electrification Market

BAE Systems is moving into the aircraft electrification market, preparing to offer a suite of…