United Airlines and its regional affiliate Mesa Airlines have conditionally agreed to order 200 19-passenger electric airliners from Heart Aerospace as they participated in the Swedish startup's $35 million Series A funding round.
A long-established manufacturer of kit helicopters plans to enter the already crowded electric vertical-takeoff-and-landing market by capitalizing on the proven rotor system from its existing product line.
Gyroplane developer Skyworks Aeronautics has teamed with two South Korean startups in a bid to tap into the country’s ambitious plans to commercialize urban air mobility.
The U.S. Air Force and its Agility Prime team have signed a contract with Electra to further advance the company’s development of hybrid-electric propulsion systems for electric ultrashort takeoff and landing (eSTOL) aircraft.
Dufour Aerospace has signed on with AirMobility Inc. to enter the Japanese electric vertical takeoff and landing (eVTOL) market in time for the 2025 Osaka Expo.
Embraer subsidiary Eve Urban Air Mobility has agreed to supply Blade with 60,000 flight hours a year of service in Southern California and the West Coast beginning in 2026.
Blank-check company Broadstone Acquisition has cited the deep aerospace industry experience of the team backing Vertical Aerospace as a key reason behind its decision to take the UK electric air-taxi startup public with backing from industry partners and airline customers.
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.
Hard on the heels of its agreement with UK and U.S. helicopter operator Halo Aviation, Embraer spinoff Eve Urban Air Mobility has partnered with Brazil’s Helisul Aviation to develop an ecosystem for aerial ridesharing.
How the early leaders in urban air mobility plan to roll out their air taxi services is becoming more clear: Details about their plans are emerging as parts of deals to go public, with valuations in the billions of dollars.
Responding to Wisk Aero’s lawsuit alleging the theft of trade secrets, Archer Aviation has described the case as “entirely baseless” and accused its urban air mobility (UAM) rival of “reckless innuendo and rank speculation” in a bid to “weaponize the legal system” to harm the startup.
Barely a month after being acquired by private-aviation powerhouse Directional Aviation, helicopter operator Halo Aviation has announced a partnership with Embraer spinoff Eve Urban Air Mobility to develop an electric vertical-takeoff-and-landing air-taxi operation in the UK and U.S.
Bye Aerospace said its eFlyer 800 electric aircraft program remains on track despite expected battery supplier Oxis Energy entering insolvency administration in the UK.
Honeywell and Japan-based electric automotive specialist Denso have formed an alliance to develop electric propulsion systems for urban air mobility vehicles.
Wisk Aero is seeking a court injunction to prevent Archer Aviation from using trade secrets the Kitty Hawk/Boeing joint company alleges were stolen by former employees hired away by the rival urban air-taxi developer. Archer described the lawsuit as “baseless.”
Volocopter has unveiled a larger, longer-range electric vertical-takeoff air taxi aimed at expanding its planned urban air mobility service out to the suburbs.
With more than 100 companies trying to break into the nascent urban air mobility market, it is perhaps inevitable that some of the vehicle designs look similar. But Boeing-backed Wisk sees enough similarities between one of its designs and new entrant Archer’s aircraft that it has filed a lawsuit.
