What if you could buy a road-drivable electric vertical-takeoff-and-landing (eVTOL) vehicle for the same price of a luxury car–but with even better performance?
Vertical Aerospace CEO Stephen Fitzpatrick took action this week to reassure viability of his company by committing up to $50 million in additional capital.
UK startup ARC Aerosystems has secured the first sale of its Pegasus two-seat autogyro, the jumping off point for its planned Linx family VTOL aircraft.
The European Parliament has taken a step toward creating policy that would encourage states to increase investment in electric regional and UAM technologies.
Japanese eVTOL startup SkyDrive has secured additional Series C funding through a third-party allotment of new shares to existing investor Suzuki Motor.
The U.S. Air Force has an interest in exploring small eVTOLs with light payloads between 400 and 500 lb., as well as even smaller aircraft with payloads of 100-250 lb.
XPeng AeroHT plans to start making its “Land Aircraft Carrier:” an electric, off-road SUV that carries a two-passenger personal eVTOL aircraft in its trunk.
Lilium has announced a partnership with airport operator Fraport aimed at defining requirements for a network of vertiports across Germany and nearby countries.