Having placed a bet on the return of supersonic air travel by becoming a supplier on Aerion’s AS2 business jet, aerostructures specialist Spirit AeroSystems is putting down a marker on the emerging urban air mobility industry.
“We see numerous companies that are pushing really cool technology that has a chance to really change the world,” Air Force acquisition executive Will Roper says.
A logistics division of German rail operator Deutsche Bahn and a venture fund established by Japan Airlines have joined Volocopter’s Series C funding round.
While lawmakers always declare the president’s request dead on arrival on Capitol Hill, this year there was more than the usual dismissal by a rival branch of government.