Loft Dynamics has raised a $24 million Series B round to speed up development and rollout of virtual reality-based Boeing 737 and Airbus A320 simulators.
Having already completed float trials, Regent's Viceroy seaglider is currently in hydrofoil testing in advance of first liftoff expected in the coming months.
A leading advocacy organization for uncrewed aircraft has welcomed the FAA’s proposed rules for flying beyond visual line of sight, but highlighted concerns.
A developer of electric powertrains is championing an aircraft architecture that could reduce fuel burn on very-short-haul regional and private flights by 90%.
Electra.aero has conducted public demonstrations of its hybrid-electric short-takeoff-and-landing technology as it rolls out its Direct Aviation vision for air travel.
Saudi Arabian property developer Diriyah Co. has signed an MOU with The Helicopter Company, the kingdom’s largest commercial helicopter operator, to explore the integration of AAM.
Ambitious Air Mobility Group (AAMG) says it has secured €250 million and access to a further €500 million to restart insolvent advanced air mobility firm Lilium
The buy is intended to position Motorola to capture “a multibillion-dollar, rapidly growing addressable market for drone and unmanned systems,” Motorola says.