U.K. Air Taxi Leader Vertical Aerospace Secures $800M Funding Package
Company believes the financing will be enough to get it through certification, targeted for 2028.
Company believes the financing will be enough to get it through certification, targeted for 2028.
Vertical Aerospace completes a piloted transition from hover to forward flight.
Engine system is part of the hydrogen-electric powertrain the company is selling to airlines and manufacturers.
U.K. manufacturer signs an agreement in principle for a ‘comprehensive financing package.’
Firm will use the funding to complete its FAA certification and install SkyOS system on new airframes.
Developer recaps a year of flight testing ahead of planned type inspection authorization trials with the FAA in 2026.
Hybrid-electric aircraft developer aims to achieve a credential typically reserved for large helicopters.
Agency will deliver proposals in December.
Advisory circular provides a blueprint for authorizing the first new class of civil aircraft in decades.
Hartzell’s next-generation prop earns Part 35 type certification. Here’s what it means.