Lilium has announced its decision to file for insolvency under German bankruptcy law for its two principal subsidiaries; the move did not come as a shock.
While the company has made significant progress in development and was nearing first flight of a production-standard aircraft, it has run out of time and money.
The FAA on Oct. 22 announced the release of a regulation that creates the operating and pilot training basis for a new category of powered-lift aircraft.
The FAA has issued its regulation on powered-lift operations and pilot certification, a milestone that paves the way for the onset of eVTOL services in the U.S.
A handful of startups are betting that more efficient electric and hybrid propulsion will open up new markets around the world for water-based aviation.
Designed to comply with FAA’s Part 103 ultralights rules, most single-seat personal eVTOLs would not require type certification or a pilot license to operate.
Aeros aims to comply with FAA Part 107 regulations for commercial small drone operations despite some limitations the rules impose on delivery in urban areas.
