Electric aircraft startup Eviation has announced the departure of co-founder Omer Bar-Yohay as CEO and appointed the company’s president, Greg Davis, as interim CEO.
Volocopter has secured a commitment for up to $1 billion in financing to build its fleet of electric vertical takeoff and landing passenger and cargo vehicles.
Singapore-based private aviation charter company Yugo has partnered with U.S. startup Electra.aero to develop an air mobility network in the Asia-Pacific region.
Californian startup Natilus has announced letters of intent for more than 440 large unmanned cargo aircraft from customers including a Canadian drone operator, an African cargo airline and a U.S. freight forwarder.
Israel’s Steadicopter says its Black Eagle 50H VTOL UAS is the first in its class and combines the best of both its electric and petrol-powered Black Eagle UAS.
Brazilian startup Desaer has partnered with electric propulsion developer MagniX to develop a hybrid-electric version of its planned ATL-100 regional utility transport.
Vertical Aerospace has selected Leonardo’s aerostructures division to design, test and manufacture the carbon-composite fuselage for its planned VX4 air taxi.
Chinese-owned Dornier Seawings has acquired the rights to a light amphibious aircraft that it plans to produce alongside the 12-passenger Seastar CD2 flying boat.
South Korea’s ambition to launch urban air mobility services in 2025 has been boosted by the signing of a strategic collaboration agreement between air taxi developer Joby Aviation and Korean telecommunications giant SK Telecom.
U.S. regional airline Mesa Air Group has invested in startup Regent and signed a letter of intent to purchase 200 of its sea-skimming electric seagliders for overwater routes between coastal cities.
Japanese equipment and machinery leasing company Fuyo General Lease has invested in Bye Aerospace and “entered into a capital alliance” to support the Colorado-based startup’s development of electric-powered aircraft.
The U.S. Justice Department has decided not to bring charges against a key figure in the trade secrets lawsuit launched by Boeing-backed Wisk against rival electric air taxi developer Archer Aviation.
The first release of the AAM (Advanced Air Mobility) Reality Index for 2022 shows some changes in ranking driven by progress in air vehicle development. Joby remains at the top of the rankings, followed by Beta Technologies.
Composites have a critical role to play in the advanced air mobility industry, and it goes beyond enabling lightweight vehicles believes Solvay, the Brussels-headquartered international chemicals company.
After four years as CEO of electric propulsion pioneer MagniX, and later additionally as executive chairman of electric aircraft startup Eviation, Roei Ganzarski stepped down from both companies in January, sending a shockwave through the young industry.
Hydroplane is a California-based startup developing a modular hydrogen fuel-cell powerplant producing up to one megawatt of power for general aviation, urban air mobility and vertical lift aircraft.
