Blade Air Mobility Posts Strong Q3 Revenue, but Profits Continue to Elude

Blade saw revenue growth in nearly all segments of its business, but those gains were balanced out by widening net losses.
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Wheels Up Seeks Emergency Funding, Delta Steps into the Gap

The bridge investment comes in as the Part 135 operator postpones its earnings call.
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Air Taxi Marketplace EZ Aerospace Earns $1.25M Air Force Contract

The AFWERX SBIR Direct-to-Phase II agreement will develop tools to enable on-demand air taxis for the Air Force.
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Drone Park Planned for Battle Creek Executive Airport to Receive $7M in State Funding

The 200-acre site will support urban and advanced air mobility manufacturing, operations, maintenance, repair, training, and more.
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Switchblade Flying Car Garners Record-Breaking Sales at Oshkosh

Samson Sky added 115 vehicles to its order books at EAA AirVenture and now has more than 2,400 reservations from 57 countries.
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eSTOL Aircraft Maker Electra Secures New Investment, Signs Air Force Contract

Funding and agreement will speed development and commercialization of the company's aircraft, which takes off from runways as short as 150 feet.
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Is the U.S. Government Secretly Harboring UFOs?

We explore that question and more in this week's Future of FLYING newsletter.
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Joby Q2 Net Loss Widens as eVTOL Manufacturer Gears Up for Certification

The company’s net loss skyrocketed, but its strong cash position and continued certification progress keep it on track for a 2025 launch.
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Aska Completes First Test Flight of Its ‘Street Legal eVTOL’

Flying car manufacturer’s A5 can drive like an automobile, take off from the runway like an airplane, or ascend vertically like a helicopter.
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China Curbs Drone Exports Amid Escalating Russia-Ukraine, U.S. Trade Tensions

Both military and civilian drones will be affected by the new export controls, which take effect September 1 and will last up to ...
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