AAM_Business

A relative newcomer to electric-vertical-takeoff-and-landing, the UK’s MGI Engineering is not exactly a startup.

Joby Aviation has announced that existing shareholder Baillee Gifford will purchase an additional $180 million in newly issued shares.

Japanese drone manufacturer ACSL has entered the U.S. market.

ST Engineering says the Veloce 60 (V60) vertical-takeoff-and-landing (VTOL) drone is in its final stage of development and nearing production.

German air taxi startup Lilium has announced a plan to raise up to $250 million in fresh capital.

The United Arab Emirates plans to establish a manufacturing facility for electric passenger and cargo aircraft and drones.

Brazilian helicopter operator Helisul Aviation has expanded its interest in electric-vertical-takeoff-and-landing aircraft.

Joby Aviation plans to buy “key powertrain and actuation components” from the Toyota Motor Company for its electric-vertical-takeoff-and-landing aircraft.

Taipei-based GEOSAT Aerospace and Technology Inc. and Sainte-Menehould, France-based Cavok UAS signed the agreement on April 23.

The first two Joby aircraft are expected to be delivered to Edwards AFB, California, by early 2024.

Startup Guardian Agriculture has received FAA approval to operate its autonomous, eVTOL aerial application aircraft across the U.S.

Britten-Norman and Cranfield Aerospace Solutions have agreed to merge to create an integrated producer of zero-emission aircraft.

MTU Aero Engines has acquired German electric motor developer eMoSys to expand its activity in electric powertrains.

The burgeoning regional air mobility (RAM) movement could revitalize point-to-point travel to underused airports.

One of the premises of advanced air mobility is that it can bring improved connectivity and economic development to disadvantaged regions.

A premise of advanced air mobility is that it can bring improved connectivity and economic development to disadvantaged regions.

Czech startup Zuri has launched a pre-Series A funding round, aiming to raise up to $1.6 million for development of its planned hybrid eVTOL air taxi.

The Rhode-Island-based startup also announced plans to build out a 600,000 ft.² production facility to fulfill an estimated $8 billion in customer orders.

SkyDrive has started preselling its SD-05 electric-vertical-takeoff-and-landing aircraft to private individuals.

New Wisk CEO Brian Yutko is doubling down on his company’s bet that it can safely certify an autonomous, passenger-carrying electric air taxi this decade.

Former Boeing CEO Dennis Muilenburg and serial airline entrepreneur David Neeleman have joined electric seaplane startup Regent's advisory board.

The LimoConnect is a piloted, seven-passenger tiltrotor electric-vertical-takeoff-and-landing aircraft with distributed electric propulsion.

Beta Technologies ticked higher in the latest edition of the AAM Reality Index.

Horizon co-founder and CEO Brandon Robinson discusses the company’s design philosophy and certification strategy.

Pyka has signed a letter of intent with Guatemalan fresh fruit producer Grupo Hame.