Business & GAWheels Up Acquires Avianis, Sets Sights on Ten-Figure Valuation Private aviation company Wheels Up acquired “certain material assets” of Avianis Systems, LLC, a provider of an advanced flight management system (FMS), as part of a strategy that Wheels Up believes will…
Air TaxiDefining the Technical Challenges for eVTOLs and On-Demand Air Mobility At a three-day workshop hosted by the Vertical Flight Society (VFS) in Washington, D.C., stakeholders in the broader electric vertical takeoff and landing (eVTOL) community discussed many of the challenges faced by…
Air TaxiWhite House Supports eVTOL Aircraft, Autonomy in R&D Priorities Memo The White House gave a nod to the rapid development of electric vertical takeoff and landing vehicles (eVTOLs) in an executive memo discussing the administration’s research and development budget priorities, sent to…
Air TaxiAutomakers 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 valuation roughly between $220 and $275 million as it looks to launch commercial urban air mobility (UAM)…
IIOTFlirtey Wants to Enable Ten Minute Commercial Drone Deliveries WASHINGTON, D.C. — Drone delivery startup Flirtey is enabling rapid point-to-point drone delivery using a new commercial drone, a portable drone launch point and autonomous software that is FAA-approved to allow one…
Air TaxiRegulators to Urban Air Mobility Industry: 'We Want to Become More Agile' Industry and regulatory leaders in urban air mobility (UAM) gathered this week at the Global Urban Air Summit in Farnborough, with regulators stressing their commitment to matching industry's pace but underlining the…
Air TaxiNASA Launches Urban Air Mobility Grand Challenge Program With NASA’s four-year testing program on unmanned aircraft integration drawing to a close, the agency held a kickoff call with industry to begin its next research and demonstration effort: the urban air…
Air TaxiBAE Systems Moves Into the Aircraft Electrification Market BAE Systems is moving into the aircraft electrification market, preparing to offer a suite of products to be used on platforms ranging from regional jets to small urban air mobility aircraft. Drawing…
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