Israel’s Urban Aeronautics has secured an initial $10 million of the at least $100 million it needs to raise through a Series A funding round to support development of the CityHawk vertical-takeoff air taxi.
David Neeleman has been appointed to the board of directors of Lilium N.V., effective upon completion of Lilium’s business combination with Qell Acquisition Corp.
Beta Technologies has selected Canada’s CAE to develop the pilot and maintenance training program for the Alia electric vertical-takeoff-and-landing aircraft.
Shareholders in Atlas Crest Investment approved the blank-check company’s reverse merger with urban air mobility startup Archer Aviation in a Sept. 14 vote.
Iris Automation continues its string of dealmaking, signing on as a partner with Australia’s Swoop Aero to offer beyond-visual-line-of-sight systems on the global advanced air mobility market.