Electric Aircraft

Funds will support the company’s procurement of batteries and engineering services from its U.S. supplier, BAE Systems.

Startup’s recently unveiled Evio 810 aims to reduce operating and maintenance costs through fuel savings.

Electric air taxis and other novel aircraft are expected to participate in operational trials as soon as summer 2026.

Developer agrees to obtain a new 700,000-square-foot site and receives the first of two flight simulators from CAE.

Developer partners with North America’s largest parking network operator to build out air taxi infrastructure.

Company anticipates certification, first deliveries, and entry into service as soon as 2027.

Company aims to build its first production-intent Chaparral aircraft in 2026 before ramping up to high-rate production.

Transportation Department unveils roadmap for integrating electric propulsion, powered-lift, autonomy, and other aviation technologies.

Generation 6 will complete additional hover testing before the company expands the envelope.

Developer’s uncrewed Air One is designed to carry up to 550 pounds of cargo for logistics, defense, and humanitarian applications.