U.S.-European startup Cosmic Aerospace has raised $4.5 million in seed financing to progress development of a 24-passenger all-electric regional aircraft.
Speaking recently to the AAM Report, Eric Allison, Joby’s head of product, said that he views FBOs as a key part of the “first leg of the infrastructure stool.”
Archer Aviation has announced that its Midnight electric vertical-takeoff-and-landing (eVTOL) aircraft has completed the first phase of company flight testing.
Airbus and Italy’s ITA Airways have expanded their collaboration on advanced air mobility to include vertiport developer UrbanV and Italian energy company Enel.
What if you could buy a road-drivable electric vertical-takeoff-and-landing (eVTOL) vehicle for the same price of a luxury car–but with even better performance?
Vertical Aerospace CEO Stephen Fitzpatrick took action this week to reassure viability of his company by committing up to $50 million in additional capital.
