High-profile electric air taxi startup Lilium will become a publicly traded company Sept. 15 when its Class A ordinary shares and redeemable warrants will be listed on the Nasdaq stock exchange under the ticker symbols “LILM” and “LILMW” respectively.
Archer is heading into a shareholder vote on its going-public merger armed with FAA approval of the certification basis for its electric aircraft, but facing a court battle against its air taxi rival Wisk.
U.S. startup Electra.aero has formed a strategic partnership with Melbourne-based infrastructure company Skyportz to develop urban and regional passenger and cargo transport in Australia using hybrid-electric ultra-short-takeoff-and-landing aircraft.
As a result of the COVID-19 pandemic, air carriers are chasing a smaller pool of travelers, putting small-community air service at risk just as it was in the years following 9/11.
Alphabet drone delivery company Wing is close to passing the milestone of 100,000 commercial deliveries, more than half of them in the last eight months in Logan, a city of 300,000 people south of Brisbane in Queensland, Australia.
EHang is accelerating its initiative to identify urban air mobility routes as the Chinese startup transitions to being an operator of its electric vertical-takeoff-and-landing autonomous air taxis.
Honeywell is continuing its push into the advanced air mobility market with the selection of its small satellite communications system to provide beyond-visual-line-of-sight connectivity for Pipistrel’s Nuuva family of hybrid-electric vertical-takeoff-and-landing unmanned cargo aircraft.
Embraer company Eve Urban Air Mobility is expanding its list of customers well ahead of entering the market with an electric vertical takeoff-and-landing air taxi.
New Zealand regional airline Sounds Air has confirmed its launch orders with Swedish startup Heart Aerospace for an initial three ES-19 electric 19-passenger aircraft.
As it prepares to launch its third and final phase, the UK’s Future Flight Challenge has unveiled its vision for air travel in 2030 and ambitious targets for real-world demonstrations to be completed in 2024.
Opener’s BlackFly might start its life as a toy for the affluent early adopter, as did the Ski-Doo and the Sea-Doo, but its designer believes the single-seat electric vertical-takeoff vehicle will ultimately find multiple practical uses.
Joby Aviation has begun trading on the New York Stock Exchange, a milestone on its 15-year journey to launch commercial aerial ridesharing services in the U.S. in 2024.
With analysts projecting that express logistics will be an early and potential large market for electric aircraft, U.S. autonomous cargo aircraft developer Elroy Air has completed a $40 million Series A funding round.
Air medical helicopter operator Air Methods has announced a collaboration with German drone manufacturer Wingcopter to develop a drone delivery network for medical supplies.
Global logistics operator DHL Express has launched a cargo variant of Eviation’s Alice electric regional aircraft as part of pioneering plans to establish a sustainable electric express freight network from 2024 onwards.
With electric aircraft developers continuously seeking better batteries, the assets of a UK developer of high energy-density lithium-sulfur cells have been acquired by Johnson Matthey, a British multinational focused on sustainable technologies.
The leaders in advanced air mobility are planning rapid ramp-ups in production, from tens to thousands of air taxis annually within only a few years, to both enable and dominate the projected trillion-dollar global market for electric air taxis.
