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modern flying

$230M Venture Capital Fund Targets Electric Air Mobility

Transportation industry leaders have launched a $230 million venture capital fund aimed at investing in cleaner, faster, safer, and lower-cost alternative air transportation solutions to move people as well as goods. The group, UP.Partners, announced the move Monday, saying it has gathered funds from investors including Cathie Wood, Woven Capital, and Alaska Air Group, which […]

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H3 Dynamics Secures $26 Million in Series B Funding

Editor’s Note: This article originally appeared on FreightWaves.com. Advanced aerial mobility company H3 Dynamics has secured $26 million in Series B funding that it will use to accelerate its work to use hydrogen technology in its drones rather than the standard battery-powered model. “Air mobility contributes to just 6 percent of the total CO2 emissions […]

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The Threat and Promise of AAM

Former premier of the Soviet Union Vladimir Ilyich Lenin once said, “There are decades where nothing happens; and there are weeks where decades happen.” If you hold that axiom up to the light, you might think that this uncanny attribution was about the aviation industry. Sometimes the industry inches along like Caribbean molasses; other times, […]

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Beware of the No Drone Zones

This summer, Los Alamos National Laboratory issued an ominous warning to remote pilots flying drones over the famed birthplace of the atomic bomb. “If you fly a drone over Los Alamos National Laboratory, in all likelihood you will lose your drone,” said the statement posted on the facility’s website. “The laboratory utilizes its Counter Unmanned […]

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VerdeGo Aero Validates VH-3 Hybrid-Electric Powerplant

Next-generation electric aircraft propulsion company VerdeGo Aero has validated the efficiency of its hybrid-electric VH-3 powerplant. VerdeGo Aero engineers have been putting the VH-3 through an array of rigorous full-scale tests since mid-2020, the company said in a release. VerdeGo Aero reported success after performing endurance tests lasting up to six hours. Testing included simulation […]

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Diamond Announces Plans to Create All-Electric Trainer

After years of experimenting with hybrid electric prototypes, Diamond Aircraft will begin developing its first fully-electric airplane, the Austria-based manufacturer announced Tuesday. The airplane—dubbed the eDA40—will be targeted for flight training in school fleets, Diamond said. As the name suggests, the new aircraft will be modified from Diamond’s existing DA40 series, a single-engine piston, four-seat, […]

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Blue Origin Preview: 5 Things to Know About Tuesday’s Mission

Jeff Bezos’ Blue Origin is set to launch its second crewed spaceflight next week, carrying some noteworthy passengers. Here are five things you need to know about Tuesday’s mission: 1. The Crew The mission will be carrying four passengers, most notably, “Star Trek” actor William Shatner. Shatner, known for his iconic role as Captain Kirk […]

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Shareholders Approve Lilium Merger

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 […]

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