Air TaxiLilium Arranges $192M Capital Raise Lilium has coordinated a capital raise totaling $192 million, the eVTOL developer announced this week. After receiving $100 million in funding in May, Lilium has now raised $292 million in 2023 to…
ConnectivityRDC Aviation to Add Spire Data to its Platform RDC Aviation, a tech and data services provider for the air transport industry, is a new customer for Spire Global’s aviation data. In a deal announced Tuesday, Spire will supply its satellite and…
CommercialUnited Introduces Wireless Charging for First-Class Seats Those traveling in first class with United Airlines this summer may be able to use a wireless charging station. A new domestic first-class seat was introduced by United last week. It will…
AI & AutonomyOPINION: The Need for Airlines to Update Aging IT Legacy aviation technology has worked well for forty years but the cracks are showing. Airlines need to break away from outdated systems, implicated in several recent costly "fails." “How Southwest failed the…
Air TaxiThe Financial Side of the eVTOL Industry: Insights from the CFO of Opener Electric vertical take-off and landing (eVTOL) developer Opener has designed a Part 103 Ultralight Personal Aerial Vehicle. Called the BlackFly, the eVTOL is a fixed tandem-wing aircraft with eight fixed propulsion units…
Embedded AvionicsBecker Avionics Announces Updates to Next-Gen Digital Intercom System Becker Avionics just announced some of the new features that will be offered in its updated AMU 6500, a digital intercom system. These include 3D audio, Bluetooth capabilities, and the ability to…
Air TaxiHi-Air Signs LOI for 30 of PLANA's Hybrid-Electric Aircraft South Korean commercial airline Hi-Air has signed a Letter of Intent (LOI) and Memorandum of Understanding (MoU) with PLANA, the companies announced this week. PLANA will provide 30 of its hybrid-electric vertical…
Advanced TechnologyOPINION: The Power of Electroforming Helicopters are complex pieces of aviation machinery with a wide range of components that work seamlessly together. One basic premise that all pilots must remember for every flight is this: if the…