Embraer’s urban air mobility spinoff Eve Holding listed publicly on the New York Stock Exchange on May 10 after completing its merger with blank-check company Zanite Acquisition.
Energy company Shell, already a strategic investor in ZeroAvia, is to supply hydrogen to the zero-emission propulsion startup’s base in California to support flight testing of its fuel-cell powertrain.
Acoustic testing completed with NASA last year confirmed the low noise profile of Joby Aviation’s tilt-prop electric vertical takeoff and landing air taxi, the startup said May 10.
Canadian aerostructures and spacecraft sub-tier provider Magellan Aerospace saw almost 7% greater revenue during the first quarter of 2022 over the year-before period.
Embraer’s urban air mobility spinoff Eve UAM will list publicly on the New York Stock Exchange on May 10 after closing a merger with blank-check company Zanite Acquisition that raised less funding than hoped for.
As part of preparations for the introduction of urban air mobility operations in Brazil, Embraer and sister company Eve UAM have evaluated a set of autonomous flight technologies around Sao Jose dos Campos using helicopters.
For the first time in more than 14 years, the “record-high spike” in Jet-A fuel prices in the U.S. has surpassed that of 100L, according to a report by GlobalAir.com.
Bombardier continues to see strong demand for Challenger and Global business jets with an order backlog that grew $1.3 billion during the first quarter of 2022.
UPS’s drone airline subsidiary UPS Flight Forward has embarked on a strategy of deploying autonomous and remotely operated aircraft across a range of use cases from medical delivery drones to large feeder aircraft.
Small French manufacturers Elixir Aircraft and TurboTech plan to develop a cryogenic hydrogen propulsion system for light aircraft under a project supported by the French government’s post-COVID-19 recovery plan.
Andre Stein, Eve Air Mobility CEO, talks about the work the company, which is soon going public, is doing to set up advanced air mobility operations around the world.
German general aviation manufacturer Flight Design displayed a mockup of a version of its F2 light sport aircraft with zero-emission hydrogen fuel-cell propulsion at the Aero Freidrichshafen 2022 show on April 27-30.
By 2035, Rio de Janiero could see a fleet of 245 urban air taxis flying 4.5 million passengers a year on more than 100 routes linking 37 vertiports, Eve UAM forecasts in the first concept of operations for urban air mobility (UAM) to be developed in Brazil.
