Investment in advanced air mobility OEMs should cross over the $6 billion mark upon completion of Eve UAM’s merger with special purpose acquisition company Zanite Acquisition.
Joby Aviation has begun building the first production prototype for certification flight testing of its S4 electric vertical takeoff and landing air taxi.
IATA has announced that the 78th Annual General Meeting (AGM) and World Air Transport Summit will take place 19-21 June 2022 in Doha, hosted by Qatar Airways.
Neuraspace, a Portuguese startup looking to use artificial intelligence for space debris and satellite collision avoidance services, has landed more than $2.7 million from Armilar Venture Partners to accelerate the commercialization of its platform.
Barry Matsumori, a SpaceX veteran and until recently the CEO of space optical communications startup BridgeComm, was named the chief operating officer of Impulse Space Propulsion, the new in-orbit transfer services company founded by Tom Mueller, a SpaceX co-founder and its longtime chief technology officer.
A UK consortium led by Embraer company Eve UAM has completed a concept of operations for urban air mobility in London that identifies the near-term challenges and actions required to enable electric air taxi service.
The UK’s Cranfield Aerospace Solutions has secured £10.5 million ($13.8 million) in investment from HydrogenOne Capital Growth and Safran to develop hydrogen fuel-cell electric propulsion for aviation.
The Public Investment Fund (PIF) has said that five leading Saudi businesses have signed an MoU to become the first potential partners of the MENA regional Voluntary Carbon Market (VCM).
