U.S. hypersonic aircraft startup Hermeus has closed a $100 million Series B fundraising round, providing the funding to fly its first three Quarterhorse flight-test vehicles and advance design of its planned Darkhorse production aircraft.
Swiss-based engineering company Marenco led by Martin Stucki, the creator of the former Kopter SH-09, is seeking investors for a new eight-passenger hybrid electric concept which was unveiled at this year’s Helicopter Association International Heli-Tech in Dallas, Texas.
Private equity firm DC Capital Partners has bought uAvionix, a seven-year-old developer and manufacturer of miniature avionics for communications, navigation and surveillance applications, including for unmanned aircraft.
Airbus is continuing to build the industrial team for the CityAirbus NextGen eVTOL, partnering with Spirit AeroSystems to design and manufacture the multi-copter’s wings.
The Joby Aviation electric vertical-takeoff-and-landing aircraft that crashed on Feb. 16 during a remotely piloted flight test experienced a component failure, according to the U.S. National Transportation Safety Board’s preliminary report.
Residents' concerns about the impact of nearby flight operations on their land value are especially relevant to urban air mobility as eVTOLs and cargo drones hope to operate in the heart of urban areas.
Robinson Helicopter says it will switch to electric power for its light helicopters when it “makes sense” and is closely watching progress being made by California-based Tier 1 Engineering on a battery-powered R44 conversion program.
Until there is more available data on what a stabilized approach is for an eVTOL aircraft, the FAA will maintain a conservative approach as to how vertiports should be safely built.
Amid lackluster sales and costly new certification requirements, Sikorsky is no longer accepting orders for the S-76D, effectively shutting down the 45-year-old medium helicopter program.
Leonardo Helicopters is targeting service entry of the AW609 commercial tiltrotor in 2023 and aims to clinch long-awaited FAA certification later this year or early next.
The U.S. Transportation Department’s Office of Inspector General is to audit the FAA’s certification of urban air mobility aircraft at the request of Congress.
Two aircraft lessors are seizing the opportunity to grow their regional aircraft fleets, with Jetcraft Commercial acquiring 14 Bombardier CRJ1000s and Aergo Capital sealing a sale and leaseback on five De Havilland Canada Dash 8-400s.
Bombardier has suspended all activities with Russian clients, including all forms of technical assistance as the war in Ukraine continues, according to the Montreal-based OEM.
Spirit AeroSystems’ acquisition of the assets of Bombardier’s Short Brothers operation in Northern Ireland in 2020 has accelerated the company’s goal to diversify so it is less reliant on the commercial sector.
