While the company has made significant progress in development and was nearing first flight of a production-standard aircraft, it has run out of time and money.
Designed to comply with FAA’s Part 103 ultralights rules, most single-seat personal eVTOLs would not require type certification or a pilot license to operate.
EHang has received preorders for more than 1,100 aircraft in the Chinese market and is ramping up output after securing production certification in April.
With ambitions to operate air taxi service on demand—and at a frequency far greater than airliners fly currently—Joby Aviation has unveiled ElevateOS software.
A U.S. startup plans to have on-demand production of hydrogen from methanol on-site at airports in 2025, initially to fuel zero-emission ground vehicles.
French AAM startup Ascendance Flight Technologies says development work on its first full-scale Atea prototype is progressing toward a first flight in 2025.
When it comes to speed and payload, there is a large gap in the transport network between the capacities of fixed-wing aircraft and ships, trucks and trains.
Lilium CEO Klaus Roewe expects $100 million in loan guarantees from the German and Bavarian governments, while talks with France toward $200 million continue.