U.S. startup Doroni Aerospace has launched a Series A offering, aiming to raise $20-30 million to develop its H1 Hummingbird two-seat personal eVTOL vehicle.
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.
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).
Joby Aviation plans to buy “key powertrain and actuation components” from the Toyota Motor Company for its electric-vertical-takeoff-and-landing aircraft.