Vertical’s latest VX4 prototype has performed its first tethered piloted flight. “Wheels up” phase of flight test programme follows the UK Civil Aviation Authority issuing a Permit to Fly. Moment marks the latest development in Vertical’s journey towards certification. LONDON / Jul 26, 2024 / Business Wire / Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company pioneering... Read more
Groupe ADP manages an extensive portfolio of 23 airports in some of Lilium’s key markets including France (all three Paris airports), the Kingdom of Saudi Arabia (Jeddah and Riyadh) and Turkey. Groupe ADP’s vertiports in the Paris area, including Paris-Charles de Gaulle and Paris-Le Bourget Airports, will significantly bolster the Lilium network in France. Partnership enables the development of vertiports in... Read more
FARNBOROUGH, United Kingdom, July 23, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), SEA (SEA), the operator of Milan’s airports, and Skyports Infrastructure (Skyports), the leader in vertiport infrastructure for the Advanced Air Mobility (AAM) industry, have today announced the signing of a Memorandum of Understanding (MoU)... Read more
Testing for the new, more advanced VX4 prototype has begun with initial powered ground tests, including propeller balancing, complete at Vertical’s Flight Test Centre. Vertical will now conduct powered, propulsion testing ahead of “wheels up” phase with piloted flights, once the UK Civil Aviation Authority (CAA) has issued its Permit to Fly. LONDON... Read more
GUANGZHOU, China, July 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that the Civil Aviation Administration of China (“CAAC”) has formally accepted the Air Operator Certificate (“AOC” or “OC”) applications submitted by Guangdong EHang General Aviation Co., Ltd. (“EHang General... Read more
GACA, Saudi Arabia’s civil aviation regulator, and Lilium agree on a joint regulatory approach for eVTOL regulation This includes the implementation of a joint Working Group covering all relevant regulatory topics and an Innovative Air Mobility (IAM) regulatory action plan for Saudi Arabia The goal is to jointly develop and implement the required eVTOL regulation for a potential operational Entry Into Service... Read more
FARNBOROUGH, United Kingdom, July 21, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced the next phase of its “POWER-ON” Aftermarket Services portfolio, providing a suite of digital solutions to ensure efficient and seamless operation of the Lilium Jet. The digital suite includes flight planning and aircraft... Read more
GUANGZHOU, China, July 19, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced the signing of a purchase and operation cooperation agreement with KC Smart Mobility Company Limited (“KC Smart Mobility”), a subsidiary of Kwoon Chung Bus Holdings Limited (“KCBH”) (0306.HK), the largest... Read more
The firm order for 50 Lilium jets, with an option for 50 more, is the largest commitment in the eVTOL sector by an airline operator Saudia Group leads the aviation industry in the MENA region with the first agreement for the purchase of eVTOL jets MUNICH, Germany, July 18, 2024 (GLOBE NEWSWIRE) -- Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading... Read more
On Tuesday, July 16, 2024, the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) approved an award involving sales and use tax exclusion incentives related to Archer’s planned advanced manufacturing project in the State of California This award, which is believed to be CAEATFA’s largest to date in the advanced air mobility industry, will support Archer’s planned expansion of... Read more
First aircraft (Lilium Jet MSN 1) to be used exclusively for ground testing starting in a few weeks Second aircraft (Lilium Jet MSN 2) to be used for first manned flight in early 2025, will start ground testing in the fall, soon after MSN 1 Three aircraft in production by year-end Full structural aircraft for static tests available in fall Engineering simulator developed by FlightSafety International to be... Read more
Vertical’s most advanced full-scale prototype is key step towards certification of aircraft. 60% of this prototype’s technology is from Vertical’s strategic aerospace partners GKN Aerospace, Hanwha, Honeywell, Leonardo, Molicel, Syensqo. First use of Vertical’s powerful proprietary battery technology, designed and built in the Vertical Energy Centre, with rapid charging and capable of cruise speeds of up to... Read more
DALLAS & SANTA CLARA, Calif. / Jul 12, 2024 / Business Wire / Southwest Airlines Co. (NYSE: LUV) and Archer Aviation Inc. (NYSE: ACHR) have signed a memorandum of understanding (MOU) to develop operational plans for electric air taxi networks utilizing Archer’s eVTOL aircraft at California airports where Southwest® operates. Archer Aviation is a leading manufacturer of electric vertical takeoff and landing... Read more
Hydrogen-electric program builds on technology developed by Joby subsidiary H2Fly, acquired in 2021, and forms part of Joby’s future technology roadmap Joby’s hydrogen-electric, vertical take-off and landing demonstrator aircraft completes landmark 523 mile flight, with water as the only by-product Flight demonstrates potential for emissions-free regional... Read more
Design Organisation Approval (DOA) scope extension shows further confidence from UK Civil Aviation Authority (CAA) in Vertical’s engineering capability as it progresses towards Type Certification. CAA and European Union Aviation Safety Agency (EASA) agree how they will collaborate on Vertical's VX4 certification activities. Vertical Aerospace has active certification validation projects across five major... Read more
Saint-Cyr will oversee air operations for Mokulele Airlines, the Hawai’i-based subsidiary of Surf Air Mobility Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”,“Surf Air”,“the company”), a leading regional air mobility platform, announced today the appointment of Louis Saint-Cyr, an experienced senior leader in airline operations, to the position of President of Hawai’i Operations. As President of... Read more
Investment from Stellantis under the companies’ strategic funding agreement builds on the $39 million worth of open market purchases of Archer stock that Stellantis completed earlier this year, and the $110 million investment made by Stellantis in Archer during 2023 Construction nears completion on Archer’s high-volume manufacturing facility in Covington, GA, which is on track to be completed later this... Read more
GUANGZHOU, China, July 01, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that it has signed a strategic Memorandum of Understanding (“MoU”) with China Southern Airlines General Aviation Company Limited (“CSGAC”), a leading general aviation service provider and strategic emerging... Read more
MUNICH, June 26, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first series of tests of its electric jet propulsion unit. For the first time, the electric engines were taken up to maximum thrust on the propulsion unit test bench, representing a landmark achievement on the journey to zero... Read more
GUANGZHOU, China, June 25, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced it has received full payment for the initial batch of 30 units of EH216-S passenger-carrying pilotless aircraft and has delivered 27 units to Wencheng County Transportation Development Group Co., Ltd. in Wenzhou,... Read more
GUANGZHOU, China, June 21, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that it has signed a cooperation agreement with the government of Wencheng County, Wenzhou City, Zhejiang Province, to jointly develop UAM and supporting public service ecosystem for the low-altitude economy. Based... Read more
Kilroy Oyster Point – South San Francisco’s Premier Waterfront Campus – Targeted as a Critical Hub in the Network Archer’s planned air mobility network is anticipated to provide unprecedented connectivity to communities around the region allowing people to replace one-to-two-hour drives to cities around the bay with flights that take ~10-20 minutes Archer and Kilroy have recently signed a memorandum of... Read more
Joby has developed proprietary software to support revolutionary high-tempo, on-demand air taxi operations Software suite has undergone real-world testing over the past two years, leveraging Joby’s Part 135 certification Joby’s President of Operations, Bonny Simi, and Chief Product Officer, Eric Allison, to present a ‘Pre-Flight Checklist’ for commercial service SANTA CRUZ, Calif. / Jun 20, 2024 / Business... Read more
Archer and Signature recently signed a memorandum of understanding (MOU) identifying initial day one opportunities for launching air taxi services including in key United Airlines hubs at Newark International (EWR) and Chicago O’Hare (ORD) Airports, as early as the end of 2025. The MOU anticipates that the parties will electrify Signature’s industry-leading network of private aviation terminals, giving Archer... Read more
Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”, “the company”), a leading regional air mobility platform, announced today that Jim Sullivan, an experienced airline executive and former airline captain, will become President of Air Mobility starting July 15th. Mr. Sullivan has recently served as Interim CEO and COO of Lynx Air, a Canadian commercial airline. He has also served as Vice President... Read more
GUANGZHOU, China, June 12, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that its EH216-S pilotless electric vertical takeoff and landing (“eVTOL”) aircraft completed its first autonomous air taxi flight in Mecca, Saudi Arabia. The autonomous flight, conducted with rigorous safety... Read more
Midnight is Archer’s Second Full-Scale eVTOL Aircraft To Achieve This Milestone Midnight completed the transition flight on June 8th flying at speeds of 100+ MPH At ~6,500 lbs, Midnight is believed to be one of the largest eVTOL aircraft to complete transition, which is critical to being able to carry commercially viable passenger payloads Archer... Read more
Asta to upgrade up to 4 of their Cessna Grand Caravan fleet with Surf Air’s electrified powertrains to lower emissions and reduce direct operating costs Partnership aims to contribute to development and implementation of electrification innovations in the Brazilian airline sector Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, “Surf Air”), a leading regional air mobility platform, has entered into a... Read more
Collaboration will establish Lilium as an active industry player in the region’s low altitude economy Lilium is the first European eVTOL manufacturer selected to operate in the district Agreement builds upon a Memorandum of Understanding signed last year and will see Lilium establish a regional headquarters in the district MUNICH, Germany, June 10, 2024 (GLOBE NEWSWIRE) -- Lilium (NASDAQ: LILM), developer of... Read more
TORONTO, ON / ACCESSWIRE / June 10, 2024 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or the "Company") announced today that its subsidiary, Synergy Aviation, signed a master services agreement (MSA) on May 7, 2024 with a leading oil and gas company in the U.S. to provide bi-weekly aerial surveillance of pipeline right of way starting in the northern states and ending in Texas. The trial was... Read more
LOS ANGELES / Jun 06, 2024 / Business Wire / Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”,“Surf Air”), a leading regional air mobility platform, announced today its participation at Palantir Technologies (“Palantir”) AIPCon June 2024 on June 6th. Surf Air’s CTO will be leading a workshop showcasing the use of Palantir’s AI platform in novel ways for the regional air mobility market. Surf Air has been... Read more
Today Archer announced that it has received its Part 135 Air Carrier & Operator Certificate from the FAA Archer is one of two air taxi manufacturers in the world to have announced receipt of a Part 135 certification from the FAA Archer plans to use conventional aircraft now to refine its systems and procedures in advance of launching Midnight into service when it receives Midnight’s Type Certification Archer... Read more
Establishing a Recurring Revenue Stream from the Remote Operations Center VAUGHAN, ON, June 5, 2024 /CNW/ - Drone Delivery Canada Corp. ("Drone Delivery Canada" or "DDC") (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A3DP5Y) (Frankfurt: ABBA.F) and Volatus Aerospace Corp. ("Volatus") (TSXV: VOL) (OTCQB: VLTTF) are excited to announce the beginning of a collaboration to commercialize the Volatus Aerieport Drone... Read more
Xwing is an industry leader in the development of autonomous technology for aviation Acquisition supports Joby’s long-term vision of making aerial mobility as accessible as possible through the adoption of autonomous technologies Expected to accelerate existing and potential future contracts with the U.S. Department of Defense Underscores Joby’s leadership position as a next generation aviation... Read more
GUANGZHOU, China, May 31, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced it has signed a memorandum of understanding (“MoU”) with Taiyuan Xishan Ecological Tourism Investment Construction Co., Ltd. (“Xishan Tourism”) to jointly... Read more
The Korean government has set the goal of commercializing urban air mobility in the country by the mid-2020s, and in support of that objective the Ministry of Land, Infrastructure and Transport (MOLIT) is hosting the K-UAM Grand Challenge, which is a public-private joint demonstration of electric vertical take-off and landing (eVTOL) aircraft intended to build public support. KakaoMobility’s consortium, which also... Read more
LONDON and MUNICH, Germany, May 29, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), and eVolare, a subsidiary of Volare Aviation, one of the United Kingdom’s largest helicopter and private jet operators, announced the signing of binding sale and purchase agreements for the... Read more
TORONTO, ON / ACCESSWIRE / May 29, 2024 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") announces a collaboration with Mitsubishi Electric US, Inc. to use their AnyMile™ drone-based, logistics operations management platform to provide end-to-end logistics management to scale. Later this year, the two companies will work together on a funded trial to provide logistics and deliveries... Read more
Marks first commercial flights at Williamsport Airport in over two years. Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air”), a leading regional air mobility platform, through its subsidiary airline, Southern Airways (“Southern”), officially began Williamsport’s only scheduled commuter service on Thursday, May 23, 2024 with a flight between Williamsport Regional Airport (IPT) and Washington Dulles International... Read more
Lilium, UrbanV, and Aeroports de la Côte d’Azur forge innovative partnership to create vertiport network in the French Riviera as the first region in Europe to enable regional air mobility Lilium network to connect Monaco, Nice, Sophia Antipolis, Cannes, Golfe de Saint-Tropez, Aix-en-Provence, and Marseille Lilium to sell its jet to operators with flights expected to start in 2026; set to bring low noise, fully... Read more
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