Volocopter has received a first tranche of $170 million in Series E financing, with additional investment in the pipeline as the German electric vertical takeoff and landing startup works toward launching urban air taxi service in 2024.
The ninth Arab Aviation Summit (AAS) took place in Ras Al Khaimah this week and concluded on an optimistic note with industry stakeholders expecting the region to demonstrate strong recovery.
Embraer is no longer supporting operators in Russia and Belarus, joining other major Western aerospace manufacturers in taking action in response to the Russian invasion of Ukraine.
U.S. startup CoFlow Jet has struck an agreement with NASA to commercialize deflected-slipstream technology that would enable an electric vertical/short takeoff and landing (eV/STOL) aircraft to transition to efficient cruise without requiring tilting mechanisms or separate lift rotors.
OneWeb board members voted on March 3 to suspend launches of its broadband satellite constellation from the Russian-leased Baikonur Cosmodrome in Kazakhstan.
Aircraft Industries, the Czech manufacturer of the Let family of turboprop transport aircraft, says in an open letter that its ownership by Russian holding group Ural Mining Metallurgical Company (UGMK) “is likely to change a lot for us as a company, but we ourselves do not know what the consequences will be.”
Boeing has confirmed that recent composite cryogenic tank tests that pave the way for future liquid-hydrogen-fueled aircraft used a reusable tank shell originally built as flight hardware for DARPA’s former Experimental Spaceplane Program.
Stepped-up FAA scrutiny of Boeing’s 787 post-production process will extend beyond resumption of deliveries, as the regulator plans to handle individual aircraft inspections and issuance of paperwork required to finalize customer handovers.
