Vertical Aerospace has secured a conditional financing package worth up to $850 million, providing the U.K.-based eVTOL developer with a potential lifeline.
European electric aircraft charging network NRG2fly has built a prototype megawatt charging system for German electric regional aircraft startup Vaeridion.
Gulf airlines continue to face heavy disruption, while U.S. carriers deal with a fuel cost surge and must compete against largely hedged European airlines.
Leading up to the eVTOL Integration Pilot Program, the agency learned lessons from Chinese drone manufacturers that now dominate the global consumer market.
Safran Helicopter Engines has begun assembly of the first 600-kW TG600 turbogenerator for U.S. startup Electra.aero’s prototype EL-9 hybrid eSTOL aircraft.
The U.S. public-private eVTOL aircraft Integration Pilot Program (eIPP) will be challenging but also provides a key opportunity for advancing electric aviation.