Inflync launched a pre-Series A round to fund construction of a full-scale prototype of its planned L600 Pioneer ducted-fan tiltwing hybrid-electric air taxi.
TransFuture Aviation saw the first public demo flight of its Honghu Mark1 engineering prototype, and Blue Space Aviation flew its Yunfan-2 eVTOL demonstrator.
Royal NLR plans to convert its Velis Electro battery-powered research aircraft for crewed flight testing of fuel-cell propulsion using liquid hydrogen.
The Liaoning General Aviation Academy's electric RX4E has received Chinese type certification to the equivalent of the FAA’s Part 23 airworthiness regulations.
Volocopter aims to uphold normal business operations after filing for bankruptcy as it failed to secure additional capital from its existing shareholders.
Turkish drone-maker Baykar has acquired Italy’s beleaguered Piaggio Aerospace, just over six years after the latter entered extraordinary administration.
Mobile Uplift Corp., a consortium of European and North American investors, has agreed to acquire assets of bankrupt electric aircraft manufacturer Lilium.
Considering the myriad challenges associated with eVTOLs, several of the leading startups have announced plans to develop better-performing hybrid eVTOLs.
Joby says it has completed initial testing under FAA Type Inspection Authorization (TIA), with agency personnel assessing human factors and flight safety in a type-conforming flight deck using a company simulator.
Market leaders are gradually ramping up production as focus shifts to the manufacture of type-conforming aircraft for use in certification flight testing.
