California startup Archer Aviation says it is on track to certify a four-passenger electric vertical takeoff and landing vehicle for aerial ridesharing services in late 2024, and will finalize design of a production version using lessons learned from development of the Maker, a two-seat prototype unveiled in Los Angeles on June 10.
With investments from American Airlines, Avolon, Honeywell and Rolls-Royce, plus commitments for up to 1,000 aircraft, electric air-taxi developer Vertical Aerospace has reached agreement with blank-check company Broadstone Acquisition to go public in a deal that values the UK startup at $2.2 billion.
The FAA will assemble an aviation rulemaking committee to provide the agency with recommendations for allowing routine flights of drones beyond an operator’s visual line of sight, Administrator Steve Dickson said June 9.
Kitty Hawk has completed its first operational exercise with the U.S. Air Force’s AFWerx innovation unit assessing the ability of the company’s Heaviside electric vertical-takeoff aircraft to perform medical evacuation, personnel recovery and logistics.