The FAA’s initiative to showcase advanced air mobility (AAM) is gathering pace, with Electra.aero demonstrating hybrid-electric flights connecting small local airports to major airline hubs.
U.S. startup Elroy Air is to expand the contested logistics capabilities of its Chapparal hybrid-electric uncrewed cargo aircraft under a $46 million contract from the U.S. Army.
Flyte builds a regional air mobility network with Vision Jets, targeting expansion and preparing for eVTOL integration as next-generation aircraft become available.
China’s AutoFlight has signed a memorandum of understanding with Indonesian helicopter operator Whitesky Aviation for 60 V2000EM Prosperity passenger eVTOLs.
Electric aircraft startup Joby Aviation is to acquire U.S. defense contractor Resonant Sciences, a developer of radomes and antennas for radar, electronic warfare, communications and navigation, for $450 million in cash and $50 million in equity.
Archer Aviation plans to acquire Boeing subsidiaries Wisk Aero, Insitu and SkyGrid in a deal that gives the eVTOL developer a major position in autonomous flight, uncrewed aircraft and airspace management technology.
Divisions between the U.S. and Europe on certifying commercial eVTOL air taxis, and the safety levels demanded have been codified in new guidance issued by the FAA.
Idaho-based Titan Batteries says it stands to benefit from having its name in the running of contracts with companies involved in military drone orders.
Joby Aviation is accelerating aircraft production and manufacturing as it prepares to begin flights under the U.S. eVTOL Integration Pilot Program in September.
The decision by South Korea’s Hanwha Aerospace to terminate a contract to supply actuators to electric air taxi developer Vertical Aerospace was mutually agreed to and a new supplier is onboard, the UK startup says.
The Pentagon’s Office of Strategic Capital has made an up to $820 million conditional loan commitment to Performance Drone Works (PDW) to expand domestic drone component manufacturing.
Los Angeles-based Chaos Industries, a startup previously focused on counter-drone technology, has acquired autonomous cargo aircraft developer Atropos Group.