Vertical Aerospace Founder Commits $50 Million to Get Air Taxis Flying
CEO and majority owner Stephen Fitzpatrick is putting his own money into the firm, which is expected to give it cash on hand through mid-2025.
CEO and majority owner Stephen Fitzpatrick is putting his own money into the firm, which is expected to give it cash on hand through mid-2025.
The manufacturers will install electric aircraft chargers from coast to coast as they quarrel over whose charging system, Joby’s or Beta’s, should be the industry standard.
The automaker’s Supernal subsidiary revealed the SA-2, a V-tail eVTOL design built for one pilot plus four passengers to fly 25 to 40 sm urban air taxi routes.
The company’s goal is to connect airports with sustainable, short-haul direct service using electric and hybrid-electric Cessna Grand Caravans.
We attempt to solve that mystery and a few others in this week’s Future of FLYING newsletter.
The company expects to add the new models to its fleet of 48 Embraer E145s in 2028, opening new air travel options for small communities.
Lufthansa, one of Europe’s largest airlines, previously launched an initiative aimed at slashing its carbon emissions in half by 2030.
The hydrogen-electric propulsion developer raised funds, including from the U.K. Infrastructure Bank, to support certification and scaling of its technology.
The manufacturer signed agreements to provide air taxis, establish a nationwide AAM network, and provide aircraft and training to Korean police.
The new FalconWays tool from Dassault Aviation allows Falcon jet pilots to find the most fuel-efficient routing.