Advanced Air Mobility

The company has previously discussed its plans for intracity air taxi routes using its flagship, battery-electric model.

Manufacturer Vaeridion is designing a zero-emission regional aircraft for up to nine passengers, with trips spanning up to about 300 sm.

The partnership marks UrbanLink’s second in as many months, following an agreement with Ferrovial to build vertiports in Florida and the Los Angeles metro area.

The Chinese electric vertical takeoff and landing (eVTOL) aircraft manufacturer will partner on flight operations, infrastructure, demonstrations, and more.

The investment gives the company a post-sale valuation of about $275M as it works to develop its flagship TriFan 600.

The space agency works with a range of manufacturers and other stakeholders in the advanced air mobility (AAM) industry to guide aircraft design and operation.

For the first time, the Lilium Jet’s electric engines were taken up to full throttle, which the company says represents a key milestone toward crewed flight.

The acquisition is intended to speed up the certification process for Wisk’s self-flying Generation 6 electric vertical takeoff and landing (eVTOL) air taxi.

The manufacturer claims the models will comprise the first family of hydrogen-powered, zero-emission, vertical takeoff and landing (VTOL) jets.

The newly formed operator is working with Ferrovial Vertiports to build a network for the manufacturer’s flagship Lilium Jet in Florida and California, including Los Angeles.