Air TaxiArcher Raises $300 Million For Development Of eVTOL Manufacturing Capabilities Archer on Feb. 11 said it has raised $300 million from institutional investors that it will put toward development of advanced manufacturing—to include batteries and composites—related to its hybrid-propulsion vertical take-off-and-landing (eVTOL)…
Air TaxiTextron Will Flight Test Nexus eVTOL Aircraft at Salina - AIN, Oct. 8 Textron eAviation plans to conduct flight testing of its Nexus eVTOL full-scale technology demonstrator at the Salina Regional Airport, Kansas, AIN reported. The Wichita, Kan.-based subsidiary of Textron announced on October 7…
AI & AutonomyJoby Aviation Acquires Xwing’s Autonomy Division, Adding To Defense Work Joby Aviation, which is developing an electric vertical take-off and landing (eVTOL) aircraft as an air taxi service, on Tuesday said it has acquired the autonomy division of Xwing, a small company…
Editor's NoteLilium To Reveal Full-scale eVTOL at EBACE - AIN, April 30 Germany’s Lilium is set to reveal its first full-scale mockup of a four to six-passenger eVTOL at the 2024 European Business Aviation Convention & Exhibition (EBACE2024) conference in late May, AIN reported.…
Advanced Air MobilityEve Air Mobility and AirX Inc. Sign Letter of Intent for up to 50 eVTOLs, Service Support, and Urban ATM Software - April 17 MELBOURNE, Fla. – April 17, 2024 – Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has signed a letter of intent with AirX Inc., Japan’s largest public helicopter air charter service, for up…
Advanced Air MobilityLilium Kicks Off eVTOL Battery Pack Production - AIN, April 18 Lilium announced it started production on the lithium ion with silicon dominant anodes battery packs for its Lilium eVTOL jet aircraft, AIN reported. The company plans to conduct its first piloted flight…
Air TaxiHoneywell Sees Consolidation and Longer Path to Market for eVTOL Makers - March 22, AIN Honeywell Aerospace recently told reporters it expects the advanced air mobility market to consolidate, with some eVTOL developers dropping out and it does not expect to see air taxi operations launching until…
Air TaxiAtlantic FBOs Prepare To Support Lilium eVTOL Flights - AIN, March 15 Atlantic Aviation signed a memorandum of understanding with eVTOL manufacturer Lilium to prepare its North American network of over 100 fixed base operators to support commercial operations with the Lilium eVTOL jet,…
Industry TrendsMajor Investors Expect First Commercial eVTOL Passenger Routes to be Operational by 2026 - February 27 New Horizon Aircraft Ltd., doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a leading hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, publishes new global research* that indicates global…
Air TaxiAirbus unveils CityAirbus NextGen prototype ahead of test campaign - March 7, Vertical Magazine Airbus unveiled its new CityAirbus NextGen prototype eVTOL during a ceremony at its facility in Donauworth, Germany, Vertical Magazine reported. The vehicle’s flight test campaign is due to start there later this…