Andre Stein, the founder and former Co-CEO of Embraer spinoff Eve Air Mobility, has joined Eviation, the Washington-based startup developing an all-electric nine-passenger airplane called the Alice.
UK startup ARC Aerosystems has secured the first sale of its Pegasus two-seat autogyro, the jumping off point for its planned Linx family VTOL aircraft.
The AAM Stock Composite dropped by 7% during the week ending Jan. 19, extending a losing streak that has seen the index shed nearly 19% since the year's start.
Hunch Mobility, which provides helicopter air-taxi services in India, plans to be listed on the New York Stock Exchange via a merger with blank-check company.
Europe’s two fast-rotorcraft demonstrator projects are racing to achieve first flight before the EU’s long-running Clean Sky 2 research program finishes.
Indian regional air mobility startup JetSetGo has announced a series of orders that could see it add up to 280 advanced air mobility aircraft into its fleet.
The European Parliament has taken a step toward creating policy that would encourage states to increase investment in electric regional and UAM technologies.
AAM startup ZeroAvia has entered into a conditional accord to supply 20 of its 600-kW ZA-600 hydrogen-electric powertrains to an Indian regional operator.