Air Taxi

Lilium Closes $119 Million Capital Raise

Leading eVTOL developer Lilium has closed a $119 million capital raise—a concurrent private placement and registered direct offering (RDO). Participants included existing shareholders, strategic partners, and new investors. Honeywell, Aciturri, Tencent, and…

Connectivity

SmartSky Executives Talk Air-to-Ground Connectivity Service

SmartSky Networks recently announced that its air-to-ground (ATG) connectivity service offering is now available for the Cessna Citation X series aircraft. This aircraft was recently issued a supplemental type certificate (STC), which…

Air Taxi

Archer Unveils Midnight eVTOL Aircraft

Archer Aviation revealed its production aircraft, Midnight, to the public today following its Open House event in Palo Alto on Nov. 16. The company previously developed a demonstrator aircraft, called Maker, to…