Monday - July 14, 2025
XTI Accelerates Defense and Unmanned Aircraft Systems Strategy ENGLEWOOD, Colo., July 14, 2025 /PRNewswire/ -- Underscoring the expanding breadth of its next-generation aerial systems, XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced the appointment of Charlie Burgoyne, Founder and CEO of Valkyrie and Andromeda—AI and decision-intelligence... Read more
LONDON & NEW YORK / Jul 11, 2025 / Business Wire / Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today announces the closing of its previously announced underwritten public offering (the “Offering”) for total gross proceeds of $60 million, before deducting underwriting discounts and commissions and other... Read more
ENGLEWOOD, Colo., July 8, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced the completion of a propulsion technical familiarization ("Tech Fam") meeting with the Federal Aviation Administration ("FAA"), another completed step forward in XTI's path to certification of the TriFan 600. The TriFan 600 is XTI's vertical takeoff and... Read more
LONDON / Jul 08, 2025 / Business Wire / Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today announced that it has commenced an underwritten public offering of $60 million of the Company’s ordinary shares (the "Offering”). In connection with the Offering, the Company has granted the underwriters a 30-day option... Read more
ENGLEWOOD, Colo., July 3, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI" or the "Company"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced a technology collaboration with MagLev Aero Inc. ("MagLev"), the developer of a revolutionary, magnetically levitated electric propulsion platform. XTI is evaluating innovative powertrain solutions to meet the needs of high-value,... Read more
Mark Higson joins as Chief Operating Officer, Steve Vellacott joins as VP, Airworthiness & Head of Design Organisation, and Eric Samson named VP Programme-Hybrid Strengthened leadership team will support operational, commercial, and technological advancements as Vertical accelerates towards global certification and commercialisation LONDON & NEW YORK / Jul 03, 2025 / Business Wire / Vertical Aerospace... Read more
Archer’s Midnight eVTOL aircraft flew today at Al Bateen Executive Airport in Abu Dhabi. Archer’s flight test operations are focused on evaluating the aircraft's vertical take off and landing (VTOL) performance in UAE-specific conditions, including high temperature, humidity and dust exposure in advance of commercial deployment. Senior leadership from the UAE General Civil Aviation Authority (GCAA), the Abu Dhabi... Read more
ENGLEWOOD, Colo., July 2, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced the successful completion of a structures technical familiarization (Tech Fam) meeting with the Federal Aviation Administration (FAA), another completed step forward in the company's path to certification of the TriFan 600. The TriFan 600 is XTI's... Read more
GUANGZHOU, China, July 01, 2025 (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 entered into a strategic partnership agreement with Reignwood Aviation Group. Leveraging their respective strengths, the two parties will collaborate under China’s national strategy for developing... Read more
MELBOURNE, Fla., June 30, 2025 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with Aerosolutions, which is developing an innovative eVTOL operator called Aeros Electric Airlines, and Bluenest by Globalvia, Globalvia's Advanced Air Mobility infrastructure developer and vertiport operator, for the... Read more
GUANGZHOU, China, June 30, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced EHang has received a purchase order for 50 units of its EH216-S pilotless electric vertical take-off and landing ("eVTOL") aircraft from Guizhou Scenic Tourism Development Co., Ltd. ( “Guizhou Scenic”), a... Read more
Delivers first aircraft to the UAE and successfully begins commercial market readiness work with multiple piloted, vertical-takeoff-and-landing wingborne flights Advancing toward air taxi operations in partnership with Dubai’s Roads and Transport Authority, the Dubai Civil Aviation Authority, and the UAE General Civil Aviation Authority His Excellency Mattar Al Tayer, Director General, Chairman of the Board of... Read more
Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, announced today the closing of its previously announced registered direct offering for the purchase and sale of 10,800,002 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.50 per share (or pre-funded warrant in lieu thereof). H.C. Wainwright & Co. acted as the exclusive... Read more
ENGLEWOOD, Colo., June 26, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI" or the "Company"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced the closing of its underwritten public offering of 9,143,000 shares of common stock (or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) and warrants to purchase up to 9,143,000 shares of common stock (the "Common... Read more
Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”), a leading regional air mobility platform, announced today that it has entered into definitive agreements for the purchase and sale of 10,800,002 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.50 per share (or pre-funded warrant in lieu thereof) in a registered direct offering. The offering is expected to close on or about... Read more
GUANGZHOU, China, June 20, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (UAM) technology platform company, announced today that the Company has entered into a strategic cooperation agreement with the Management Committee of Jingyue High-tech Industrial Development Zone (“Jingyue Hi-tech Zone”) in Changchun, Jilin Province. The two... Read more
The companies will work together to design the passenger experience, deploy charging infrastructure and integrate Archer’s Midnight eVTOL aircraft into daily operations across Jetex's international portfolio of 40 private aircraft terminals in more than 30 countries. This strategic alliance builds on Archer's growing infrastructure network and partnerships with other leaders in the industry, establishing a... Read more
PARIS, June 18, 2025 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with Future Flight Global, a pioneer in electric aircraft for up to 54 electric Vertical Take-Off and Landing (eVTOL) aircraft, targeting the Brazil and United States markets. This LOI strengthens Eve's backlog of LOIs ranging from global carriers to regional airlines to urban... Read more
The U.S. Federal Aviation Administration (FAA) and the Department of Transportation (DOT) held a press conference today to announce a five-country alliance to streamline the certification and safe deployment of eVTOL aircraft. Led by the United States, this alliance also includes the United Kingdom, Australia, Canada and New Zealand. Archer and industry peers were invited to join the DOT and FAA at the Paris Air... Read more
GUANGZHOU, China, June 18, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the expansion of its strategic partnership with Gotion High-Tech Co., Ltd. (“Gotion”), a leading innovator in power battery solutions. Building on a... Read more
Company has achieved record-high scheduled airline reliability. LOS ANGELES / Jun 17, 2025 / Business Wire / Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”, “Surf Air Mobility”), a leading regional air mobility platform, today announced key progress within the second phase of the Company’s four-phase Transformation Plan. The Optimization phase is focused on operational improvements and internal SurfOS™... Read more
Archer and PT. Industri Ketahanan Nasional (IKN) signed an agreement covering plans to deploy an initial fleet of Midnight aircraft in Indonesia under Archer’s Launch Edition program, valued at up to $18M1 In addition to air taxi services, the program will also explore a range of complementary use cases, including commercial and military logistics and... Read more
A fleet of up to 50 aircraft and aftermarket services is poised to revolutionize urban transport across Revo's key markets. PARIS, June 15, 2025 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX) (NYSE: EVEXW) has signed its first binding framework agreement with... Read more
SANTA CLARA, Calif. / Jun 12, 2025 / Business Wire / Today Archer Aviation Inc. (NYSE: ACHR) raised an additional $850M following the White House’s announcement last week of an Executive Order by President Trump to implement an eVTOL Integration Pilot Program in the United States. This program is focused on accelerating the deployment of eVTOL aircraft in the U.S. Archer intends to closely coordinate with the... Read more
Strategic partnership will accelerate global eVTOL adoption by combining Vertical’s category leading aircraft with Bristow’s global vertical lift operational and safety track record and experience "Ready-to-fly" model provides Vertical’s customers with turnkey access to aircraft, pilots, maintenance, and insurance – lowering barriers to entry Bristow places... Read more
Unveils BrokerOS, OperatorOS, and OwnerOS: a unified, AI-enabled software platform to make the Air Mobility industry more efficient, reliable, and profitable. Software tools are being designed to serve the current regional aviation industry while laying the foundation for the future Air Mobility customer landscape. LOS ANGELES / Jun 10, 2025 / Business Wire / Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,... Read more
Aim to enable fast, clean, quiet and affordable commercial passenger transportation in Saudi Arabia Potential delivery of up to 200 electric aircraft and related services valued at approximately $1 billion over coming years Grounded in Saudi Arabia’s Vision 2030, new MOU to support socio-economic growth in the Kingdom SANTA CRUZ, Calif. & JEDDAH, Saudi Arabia / Jun 03, 2025 / Business Wire / Abdul Latif... Read more
Former MI5 Director General and Lord Chamberlain brings extensive experience of working at the highest levels of public service Appointment follows Vertical’s announcement of its hybrid-electric programme and comes as the Government sets out its Strategic Defence Review LONDON & NEW YORK / Jun 03, 2025 / Business Wire / Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology... Read more
Last week, Archer showcased Midnight’s piloted flight operations as the company continues to advance its certification and commercialization efforts in the U.S. and in the UAE. Click here to view a video of the piloted flight. This phase of Archer’s flight test program builds on years of safe, autonomous flight testing across its various aircraft... Read more
First-ever piloted wingborne flight of a winged eVTOL in European open airspace Landmark flight follows approval from the UK Civil Aviation Authority, an important step on its path toward certification and commercial operation 30,000 in-flight parameters and data points measured, with the aircraft flying as expected On track to complete piloted transition... Read more
SANTA CRUZ, Calif. / May 27, 2025 / Business Wire / Joby Aviation, Inc. (Joby; NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two... Read more
EH216-S Operators Obtained Air Operator Certificates from CAAC for Commercial Operations VT35 Type Certificate Application Accepted by CAAC; First Unit Manufactured for Airworthiness Validation Tests Production Expansion in Yunfu and New Factory Plan in Hefei GUANGZHOU, China, May 26, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air... Read more
LONDON / May 19, 2025 / Business Wire / Anduril Industries UK today is announcing that it will lead a team for upcoming programmes, including to bid for future flight opportunities. Anduril UK, building on its existing partnership with aerospace company Archer, will receive additional support from Skyports Drone Services and AtkinsRéalis, two other leading... Read more
Archer’s Midnight eVTOL Aircraft Will Seek to Integrate Across the LA28 Games through Transporting VIPs, Fans, & Stakeholders, While Electrifying Vertiport Take-off-and-Landing Hubs for Key Venues LOS ANGELES / May 15, 2025 / Business Wire / Today, Archer (NYSE: ACHR) announced that it has been selected as the Official Air Taxi Provider of the LA28 Olympic and Paralympic Games and Team USA. Through this... Read more
First Quarter Revenue of $23.5 Million, Achieving the High End of Guidance Range of $21 - $24 Million First Quarter Adjusted EBITDA Loss of $14.4 Million, Within Guidance Range of a Loss of $12 - $15 Million Continued Strong Progress Against Transformation Plan Company Issues Second Quarter 2025 Guidance and Reaffirms Full Year Guidance Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”, “Surf Air Mobility”),... Read more
On pace to achieve full-scale, piloted wingborne flight with all-electric prototype in Q2 Announces 1,000-mile hybrid-electric VTOL programme to serve defence, logistics and wider commercial applications Signs new long-term partnership with Honeywell to certify and produce critical elements of the VX4’s flight control and aircraft management systems Board strengthened with three new directors with deep capital... Read more
SANTA CRUZ, Calif. / May 12, 2025 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has successfully flown two of its aircraft simultaneously for the first time, marking another important milestone in the Company’s flight testing program. The two-aircraft flight,... Read more
Integrating hybrid-electric propulsion capabilities into Vertical’s next-generation aircraft prototype, unlocking multi-billion-dollar opportunities including defence, logistics and wider commercial applications Actively discussing use cases and defence special mission applications with government agencies and potential customers New long-range variant will... Read more
UAE Launch remains on track for later this year with plans to deliver a piloted Midnight aircraft to the UAE this summer The Midnight “Launch Edition” program rolls out with its first two customers: Abu Dhabi Aviation and Ethiopian Airlines Partnering with Palantir to build artificial intelligence for the future of next-gen aviation technologies Total cash position surpasses $1B, leading the industry with Q1'25... Read more
MELBOURNE, Fla., May 12, 2025 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its First Quarter 2025 Earnings Results. Financial highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes aircraft development, Services & Support solutions –... Read more
COPYRIGHT ©2025 GREEN STOCK NEWS