Raytheon Invests in Hypersonic Jet Startup Hermeus
Atlanta-based startup Hermeus has a new partner in its efforts to develop hypersonic jets for military and civilian use: Raytheon (NYSE: RTX).
Atlanta-based startup Hermeus has a new partner in its efforts to develop hypersonic jets for military and civilian use: Raytheon (NYSE: RTX).
Uber-backed electric air taxi developer Joby Aviation told investors Thursday it expects no delays as a result of the FAA’s modified regulatory approach to type certification. In the company’s quarterly earnings conference call, Joby reported a $62.3 million net loss in Q1 2022, an increased loss of $20.8 million compared to the same period last year.
In a move that the FAA says will not “add delay” to completing type certification, the agency says it is “modifying its regulatory approach” to certificating electric vertical takeoff and landing (eVTOL) aircraft.
Following in the footsteps of several air taxi competitors, Brazil’s Embraer (NYSE: ERJ) announced Monday it has spun off its Eve Urban Air Mobility electric vertical takeoff and landing arm through a merger with a special purpose acquisition corporation (SPAC).
For the first time in the U.S., a student pilot has earned a private pilot certificate using an electric aircraft.
With the price of conventional aviation fuel skyrocketing in the wake of Russia’s invasion of Ukraine, could sustainable aviation fuel, aka SAF, offer any relief? FLYING takes a look.
The world’s largest airplane, Stratolaunch’s Roc, took off from California’s Mojave Air and Space Port (KMHV) Wednesday, flying for the first time with a new pylon crucial to the carrier aircraft’s success.
UK-based electric vertical takeoff and landing (eVTOL) aircraft developer Vertical Aerospace plans to begin a flight testing program for its VX4 full-scale prototype air taxi this summer.
International helicopter and fixed-wing lessor LCI has signed an agreement with Vermont-based Beta Technologies to acquire its Alia electric vertical takeoff and landing (eVTOL) aircraft.
Brazil’s Eve Air Mobility has announced a strategic partnership with France-based aviation giant Thales to help develop avionics, flight control, navigation, communication, and connectivity systems for Eve’s proposed new electric vertical takeoff and landing (eVTOL) air taxi.