Swedish aircraft lessor and investment company Rockton has firmed up a letter of intent (LoI) for 40 hybrid-electric ES-30 aircraft from Heart Aerospace.
Transcend Air has partnered with Israel Aerospace Industries’ North American operation to develop military applications for its planned Vy family of VTOLs.
The hybrid CP-01 is capable of carrying six passengers or 600 kg (1,500 lb.) of cargo up to 500 km (310.6 mi.) at a cruise speed of 300 km/hr. (186.4 mph).
Battery safety specialist KULR Technology Group has been awarded a U.S. Army contract to develop a high-energy battery platform for aviation applications.