An overwhelming majority (81%) of capital markets investors expect to see more government support to ensure the survival of regional airlines as carriers struggle to survive the prolonged collapse in demand for air travel resulting from the Covid-19 pandemic.
Backed by XPeng Motors, startup XPeng Huitian has flown the Voyager X2, a two-seat multicopter described as its fifth generation of electric vertical-takeoff-and-landing vehicle.
Electric vertical-lift aircraft, like helicopters, are likely to become known for their versatility—from medical evacuation to express logistics to passenger transport. Now add another potential role: an electrical generator.
Vertical Aerospace’s business model differs significantly from those of its advanced air mobility rivals that are also planning to go public via mergers with blank-check companies, and the UK startup thinks that will give it a competitive edge.
Russian Helicopters says its Kamov Ka-62 twin-engine medium helicopter is in the final stages of flight-testing and certification by Russian regulators is expected by year-end.
A U.S. District Court judge has denied Wisk Aero’s petition for a preliminary injunction against Archer Aviation in its legal action accusing the rival urban air mobility startup of stealing its trade secrets.
Rolls-Royce's Power Generation System 1 (PGS1) demonstrator is designed to pave the way for future hybrid-electric regional propulsion system development.
The same day Blue Origin made its first human spaceflight, sending four passengers into suborbital space, the Federal Aviation Administration issued new FAA Commercial Space Astronaut Wings eligibility requirements.
