eVTOL

A division of Hyundai and UK startup Urban-Air Port said Thursday they plan to build 65 electric urban airports worldwide to support burgeoning industries for delivery drones and electric air taxis. As multiple companies race to develop electric vertical takeoff and landing (eVTOL) aircraft, infrastructure will be needed to service these new vehicles. Investors hope […]

Air taxi developer Lilium officially launched on the Nasdaq stock exchange Wednesday, days after shareholders of special purpose acquisition company (SPAC) Qell Acquisition Group approved a merger on September 10. The Germany-based company is now trading as “LILM.” It’s the latest development in the growing eVTOL industry, aimed at providing convenient, fast, and environmentally friendly […]

A merger Tuesday has cleared the way for a third air taxi developer, Archer Aviation, to begin trading on a major U.S. stock exchange. Shareholders of Atlas Crest Investment Corp., a special purpose acquisition company (SPAC), voted to merge with Archer, which beginning Friday will be traded on the New York Stock Exchange under the […]

Dufour Aerospace and Swiss Air-Rescue Rega have announced a partnership to develop an air ambulance version of Dufour’s eVTOL aircraft. The piloted, hybrid Aero3 is designed for emergency medical services and patient transport. It uses a unique tilt-wing design. In its initial stages, Dufour will allow Rega—a nonprofit that provides emergency medical assistance to areas […]

Israel-based aerospace company Urban Aeronautics says it has secured $10 million for the continued development of its CityHawk eVTOL aircraft. The company, founded in 2006, is currently raising a Series A round of at least $100 million. The funds announced Tuesday came from private investors from the U.S., Brazil, and Israel. About The Aircraft CityHawk […]

Samad Aerospace announced the beginning of the certification for its Starling Cargo aircraft—an eVTOL aircraft designed with precious cargo in mind. Set for delivery in Q4 2022, the Starling Cargo eVTOL aircraft will be remotely piloted with autopilot capabilities. The aircraft is promised to have a flight ceiling of 10,000 feet, with a range of […]

Air taxi developer Lilium will officially launch on the Nasdaq stock exchange on September 15, the company said, after shareholders of special purpose acquisition company (SPAC) Qell Acquisition Group approved a merger Friday. “We are thrilled that Qell shareholders have chosen to support our vision to accelerate the decarbonisation of air travel and will join […]

Joby Aviation this week became the first company to fly an all-electric vertical takeoff and landing (eVTOL) aircraft as part of NASA’s Advanced Air Mobility Nation Campaign. The effort by NASA aims to promote public confidence in emerging aviation markets, such as passenger air taxis, through flight testing in realistic scenarios and data analysis that […]

California-based startup Archer Aviation has partnered with Reef, the country’s largest parking operator, in a deal that will create landing sites for electric air taxis in major U.S. cities. As part of the agreement announced this week, Archer will retrofit parking garage rooftops to establish vertiports, or landing sites, for electric vertical takeoff and landing […]

Embraer and Ascent have announced a deal that could bring air taxis to the Asia-Pacific region in 2026. Under the agreement, Eve Urban Air Mobility, a subsidiary of Embraer, will provide Ascent, an aviation taxi booking platform, with 100 electric vertical take-off and landing aircraft (eVTOLs). With 100,000 hours of allocated flying time each year, […]