The grant supports an A$8 million program that will run to December 2023 which involves development and optimization of a quiet, efficient and lightweight propulsion system that increases the range and reduces the noise and cost of the Vertiia.
High-profile electric air taxi startup Lilium will become a publicly traded company Sept. 15 when its Class A ordinary shares and redeemable warrants will be listed on the Nasdaq stock exchange under the ticker symbols “LILM” and “LILMW” respectively.
VoltAero plans a second crossing of the English Channel with an electric aircraft on Sept. 13, flying its Cassio 1 demonstrator from Calais in France to Cranfield in England for a presentation at Cranfield University.
In its pursuit of an infrastructure-first strategy, Varon Vehicles Corp. will partner with D3 Technologies as it develops a solution for highly automated and safe commercial air transport in urban air spaces.
Archer is heading into a shareholder vote on its going-public merger armed with FAA approval of the certification basis for its electric aircraft, but facing a court battle against its air taxi rival Wisk.