South Korean conglomerate Hanwha has invested an additional $115 million in U.S. urban air mobility startup Overair, which is developing the Butterfly tiltrotor electric vertical takeoff and landing air taxi.
XO, a global private jet travel provider based in Fort Lauderdale, Florida, has been investing in artificial intelligence (AI) to maximize its process and practices to make transportation more accessible to a larger group of customers.
Hybrid-electric propulsion startup Ampaire has partnered with sustainable infrastructure developer Black & Veatch to electrify airports to support the deployment of advanced air mobility.
Members of the IAMAW Lodge 712 at Bombardier walked off the job on June 13 in a one-day strike after rejecting a final contract offer from the company.
Dassault Aviation has recently introduced the first mockup of a Falcon 10X flight deck, highlighting improved human-machine interface and a further level of automation.
Building on its involvement in a UK project that set a speed record for electric aircraft, energy storage specialist Electroflight has introduced a battery system designed to be available off the shelf for use in the early development of electric aircraft.
Gulfstream Aerospace is investing more than $55 million and hiring for more than 200 new positions at its Wisconsin facility to meet customer demand and growth in its fleet.
“Several airframers in commercial aviation are ready to go ahead with single-pilot operations,” says a Toulouse-based professor in an aerospace engineering course. “And they are waiting for one another to go first.”
Lilium has completed the preliminary design review for its seven-seat electric air taxi, finalizing changes intended to extend the range that can be extracted from the Lilium Jet’s battery system.
A federal judge has authorized the U.S. to seize two large private jets belonging to Russian Oligarch Roman Abramovich for violating export and sanction laws related to Russia’s war on Ukraine.
As it prepares to launch its Airspeeder racing series, Australia’s Alauda Aeronautics says it plans to develop a supercar-style high-performance eVTOL vehicle for private owners.
Delivery drone operator Zipline has developed an acoustic detect-and-avoid system to enable autonomous long-range flights in complex as well as uncontrolled airspace.
Canada’s first private-equity fund dedicated to the aerospace supply chain is targeting $100 million and already has garnered commitments for $77 million, officials said.
Tier 1 Engineering has begun flying its electric Robinson R44 helicopter with the 350-kW MagniX magni350 electric propulsion unit planned for the production conversion.
Chinese startup AutoFlight has continued its rapid progress toward developing the Prosperity 1 electric vertical-takeoff-and-landing air taxi, flying a second full-scale proof-of-concept aircraft that incorporates design refinements.
