AAM

National Advanced Air Mobility Center of Excellence will revive the Pulitzer Trophy after a 100-year hiatus.

Funds that would have kept the company afloat ‘have not materialized in time’ despite a previous ‘breakthrough’ in its search for an investor.

Battery-electric aircraft developer has struggled to raise money to fund its regional commuter model, designed for two crew and as many as nine passengers.

Fresh capital will help fund a hybrid vertical takeoff and landing (VTOL) model the company is developing.

Aerospace unit builds propulsion, power, cockpit, navigation, and other systems for all kinds of aircraft, from commercial airliners to spaceships.

Manufacturer will first install electric motors for customer Diamond Aircraft’s two-seater before expanding it to larger models.

Company’s XB-1 ‘Baby Boom’ demonstrator breaks the sound barrier at Mojave Air & Space Port in California, where the first supersonic flight occurred in 1947.

Governor’s office and Department of Transportation will support a collaboration between Beta Technologies and 47G.

Matternet founder and CEO Andreas Raptopoulos says the company will bring drone delivery to Riyadh, the Saudi capital.

Autonomous system sends drones, rather than humans, to capture images in hard-to-reach places, allowing personnel to analyze them remotely.