Archer announced today two strategic acquisitions to accelerate the development of its next-generation defense aircraft These acquisitions build on Archer’s prior announcement of a strategic partnership with Anduril to co-develop hybrid, autonomous VTOL military aircraft One of the acquisitions is of a patent portfolio and hiring of key talent from Overair, a spin-off of Karem Aircraft The other is the... Read more
Marks critical milestone on path to commercialization Testing on major components, aerostructures, and systems complete Remains on track to start flying first TIA aircraft in 2025 SANTA CRUZ, Calif. / Aug 06, 2025 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it is preparing for final assembly of its first conforming... Read more
SANTA CRUZ, Calif. / Aug 06, 2025 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today issued its Second Quarter 2025 Shareholder Letter detailing the company’s operational and financial results for the quarter ending June 30, 2025. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT... Read more
MELBOURNE, Fla., Aug. 6, 2025 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its Second 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, which includes eVTOL development, services & support solutions –... Read more
Companies intend to establish joint venture to provide air taxi service in Japan Together, the companies plan to deploy more than 100 aircraft in the coming years ANA Holdings and Joby will hold public demonstration flights of the ANA-branded Joby aircraft starting Oct. 1 at EXPO 2025 Osaka, Kansai, Japan. TOKYO & SANTA CRUZ, Calif. / Aug 05, 2025 / Business Wire / ANA Holdings (ANA HD) and Joby Aviation,... Read more
Medical revenue increased 17.6% year-over-year in Q2 2025 Net loss improved by $7.6 million versus the prior year to $(3.7) million in Q2 2025; Adjusted EBITDA improved by $2.2 million versus the prior year to $3.2 million in Q2 2025(1) Blade Passenger division to be sold to Joby Aviation for up to $125 million; Blade’s Medical division will remain a standalone public company, rebrand as Strata Critical... Read more
Signs new long-term partnership with Aciturri Aerostructures to produce the entire airframe, including the wing, empennage, pylons and fuselage for the VX4 Piloted wingborne flight tests accelerated with multiple flight tests and pilots, including first airport to airport flights Partnership with Bristow to deliver full service 'Ready-to-Fly' eVTOL operations for VX4 customers Leadership team strengthened with... Read more
Up to $125 million acquisition of leading urban air mobility platform delivers dedicated terminal and lounge infrastructure in key urban markets in the U.S. and Europe, including New York City Provides Joby with a loyal global flier base and immediate access to key aviation markets around the world Allows Joby to build on Blade’s operational expertise as it prepares to carry its first passengers in Dubai next... Read more
Aciturri to supply the airframe for Vertical’s VX4 aircraft, providing manufacturing engineering and design support Advances Vertical’s strategy of initiating production with long-range parts purchasing, a key element of Vertical’s Flightpath 2030 plan as the company moves towards certification and production LONDON & NEW YORK & MIRANDA DE EBRO, Spain / Aug 04, 2025 / Business Wire / Vertical Aerospace... Read more
Flight testing expected to start in fall 2025, with operational demonstrations expected in 2026 New aircraft class could be used for a wide range of low-altitude support use-cases Gas turbine hybrid vertical take-off and landing (VTOL) aircraft offers the versatility of being optionally piloted, enabling both crewed and fully autonomous operations SANTA CRUZ, Calif. & MELBOURNE, Fla. / Aug 01, 2025 /... Read more
GUANGZHOU, China, Aug. 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 its VT20 series logistics electric vertical takeoff and landing aircraft (“eVTOL”) has successfully completed an intercity round trip cargo delivery flights between Zhuhai and Guangzhou, which is a... Read more
DENVER, July 31, 2025 /PRNewswire/ -- XTI Aerospace (NASDAQ: XTIA), a pioneer xVTOL and powered-lift aviation technologies, today announced that its wholly owned subsidiary, XTI Aircraft Company—the developer of the revolutionary TriFan 600—has entered into a strategic partnership with global design and innovation leader IDEO. This collaboration marks a significant step forward in XTI's mission to deliver... Read more
ENGLEWOOD, Colo., July 30, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced that it completed a flight-focused technical familiarization ("Tech Fam") meeting with the Federal Aviation Administration (the "FAA") with respect to XTI's TriFan 600 Vertical Take-Off and Landing (VTOL) airplane. This meeting is another... Read more
Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “the Company”), a leading regional air mobility platform, today announced six new charter broker and operator LOI agreements for the SurfOS software program. This new cohort of users expands interest in the Company’s SurfOS technology across a diverse cross-section of the private aviation industry, from regional and cargo operators to charter brokerages.... Read more
Completes first airport-to-airport flight by a full-scale, piloted winged tilt-rotor eVTOL designed for commercial service VX4 prototype flew from Cotswold Airport to RAF Fairford ahead of its appearance at the Royal International Air Tattoo - the world’s largest military airshow Demonstrates integration with real-world airport operations and builds... Read more
Will double production capacity in Marina, CA manufacturing site across 435,500 square feet of total space Ramping up newly renovated facility in Dayton, Ohio to manufacture and test aircraft components Leverages Toyota’s manufacturing playbook to drive scale, quality and efficiency Adds new aircraft to Joby’s fleet, showcasing acceleration of... Read more
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
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