Germany

Per a stock exchange announcement, the transaction is valued at 10 million euros pending the signature of Volocopter attorney Tobias Wahl.

Country’s Naval Air Wing 3 is expected to take delivery of the maritime surveillance aircraft later this year.

Manufacturer has raised an estimated $750 million in private capital from backers including Mercedes-Benz, Honeywell, and Blackrock.

Multimission light combat aircraft will be used for training, reconnaissance, special forces operations, and light attack missions.

Move could result in the liquidation of the company through either the sale of individual assets or the entire business.

Company had planned to launch in South Florida, California, and Puerto Rico as soon as 2026.

Protestors manage to temporarily suspend flights at Cologne Bonn Airport and Nuremberg Airport before police intervene.

Manufacturer Vaeridion is designing a zero-emission regional aircraft for up to nine passengers, with trips spanning up to about 300 sm.

The design revamp includes more than 300 improvements to its popular P2006T MkII twin piston.

The powerplant manufacturer expects it to be certified by the European Union Aviation Safety Agency by the end of the year.