Cash-Strapped Electric Jet Manufacturer Lilium Picks KPMG to Handle Sale
Move could result in the liquidation of the company through either the sale of individual assets or the entire business.
Move could result in the liquidation of the company through either the sale of individual assets or the entire business.
Exhibition within miles of the iconic Mount Fuji marks the first international flight of Joby’s flagship electric vertical takeoff and landing (eVTOL) design.
Funding will support the development of Beta’s two electric aircraft variants, as well as a network of charging stations that will support them.
Customers will train to fly Lift Aircraft’s electric vertical takeoff and landing (eVTOL) Hexa before being able to take it for a spin.
Company had planned to launch in South Florida, California, and Puerto Rico as soon as 2026.
Rule covers pilot training and operations of powered-lift aircraft, such as electric air taxis.
Supernal will work with Clay Lacy Aviation and Blade Air Mobility to prepare a network for its air taxi, which it plans to launch near the end of the decade.
eVTOL air taxis from Archer Aviation, Joby Aviation, and more could take flight at New York City’s East 34th Street Heliport in the coming years.
Researchers with the Rand Corporation find that the Air Force’s Agility Prime program is not delivering results for itself or its partners.
Manufacturer will receive a fresh cash injection from its longtime partner, which is expected to support production of its flagship air taxi.