Japanese commercial UAV company Terra Drone has raised $70 million in Series B venture capital from local investors and will apply the funds toward a drone air traffic management service.
Volocopter has taken another step toward its goal of operating a commercial electric air taxi service during the 2024 Paris Olympics by conducting a series of test flights in France to measure its aircraft’s acoustic signature.
Japanese automaker Suzuki Motor is looking at adding electric air taxis to its lineup of compact cars and motorcycles and targeting markets such as India through a partnership with Tokyo-based startup SkyDrive.
With the goal of being able to develop tourism sustainably, Air Greenland has partnered with lessor Avolon to explore the potential for zero-emission domestic air travel using Vertical Aerospace’s VX4 electric air taxi.
With Eve UAM planning to go public in the second quarter through a merger with blank check company Zanite Acquisitions, the Embraer spinoff has secured its first post-merger investor.
The UK’s competition watchdog has found that a planned merger of two North Sea oil and gas helicopter operators could stifle competition in the offshore market.
Industry groups have started meeting to develop a “blanket replacement” for leaded aviation fuel (avgas) used in piston-engine aircraft by 2030, the goal of an FAA-led initiative unveiled in February.
New Jersey authorities are seeking proposals from companies interested in developing a 400-acre parcel at Atlantic City International Airport for aviation facilities.
Archer Aviation has conducted wind tunnel tests of the propulsion units for its electric vertical takeoff and landing air taxi as it progresses toward the preliminary design review for its production aircraft.
Dassault Aviation’s Falcon 6X large long-range business jet has completed cold weather testing, a milestone in the aircraft’s certification process expected later in 2022.
Embraer’s urban air mobility company Eve UAM has added U.S. charter carrier Global Crossing airlines Group to its conditional orderbook as it prepares to go public through a merger with blank check company Zanite Acquisition.
Advanced air mobility vehicle developer Joby Aviation said March 15 that it is nearing completion of the application process to obtain an FAA Part 135 air carrier certificate.
Slovakian startup AeroMobil is briefing potential investors on its plans to set up the first door-to-door aerial ridesharing service in the U.S. using a four-seat drive/fly vehicle.
Russia’s invasion of Ukraine and the continuing sanctions enacted in response are causing uncertainty across the business-aviation sector, several speakers said during a discussion held as part of the British Business and General Aviation Association’s (BBGA) conference on March 10.
Textron Aviation has secured FAA certification for its new Cessna SkyCourier twin-engine, high-wing, large utility turboprop, paving the way for the first delivery to launch customer FedEx Express.
