Drone Express, a drone cargo delivery startup, plans to begin manufacturing a new version of its multicopter drone that will use Microsoft's AI software.
Eve Air Mobility has signed a letter of intent with Brazilian air mobility startup FlyBIS for up to 40 of Eve’s piloted, four-passenger eVTOL vehicles.
GKN Aerospace has partnered with UK independent advanced propulsion research center IAAPS to ground test a megawatt-scale electric aircraft powertrain.
German premium battery manufacturer CustomCells has raised €60 million in a Series A funding round led by European climate technology investor World Fund.
Business flying in the U.S. is surging in response to a stable economy, affordable aviation fuel and corporate drive for increasingly efficient time management.