AI & Autonomy

Q&A With Chief Operating Officer of UMILES Next

In late October, the electric air taxi prototype Concept Integrity performed its second successful test flight. The electric vertical take-off and landing (eVTOL) aircraft was designed by UMILES Next and was equipped…

Electrification and Sustainability

Ampaire's Hybrid-Electric Grand Caravan Takes Flight

Ampaire has achieved a major milestone using a modified Cessna Grand Caravan. The Los Angeles-based electric aircraft developer flew its first hybrid-electric regional aircraft on a 30-minute test flight above southern California…

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…