Beta Technologies has secured about $830 million in additional financing from the Export-Import Bank of the U.S. to ramp up manufacturing.

The decision by South Korea’s Hanwha Aerospace to terminate a contract to supply actuators to electric air taxi developer Vertical Aerospace was mutually agreed to and a new supplier is onboard, the UK startup says.

UK telecommunications firm BT says it is seeing growing adoption of cellular connectivity as the primary communications link for low-altitude uncrewed aircraft systems.

Atoms, a real estate redevelopment company headed by Uber co-founder and former CEO Travis Kalanick, has partnered with electric air taxi developer Joby Aviation to acquire and develop vertiports sites in the U.S.

Eve Air Mobility has signed an LOI with aviation finance company Shearwater Global Capital for up to 16 Eve 100 eVTOL air taxis.

Eve Air Mobility has completed the first partial transition flight with its remotely piloted engineering prototype.

NASA is accelerating development of its Raven eVTOL research aircraft.

The 2026 edition of Aviation Week’s annual eVTOL forecast projects the global fleet size by 2030 and as well as the growth trajectory of other electric aircraft.