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... 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... 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... 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 & NEW YORK / Jul 22, 2024 / Business... 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... 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... 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... 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... 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 electric aircraft manufacturer and pioneer... 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... 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 In... 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... 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... 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 travel Hydrogen-electric program... 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... 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... 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... 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... 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... 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... 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... 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... 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. /... 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,... 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... 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,... 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 has now achieved transition with two different... 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,... 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:... 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... Read more
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