UAM

A new partnership between Eve Air Mobility and Porsche is just the latest example of the strengthening alliance between eVTOL and the auto industry.

Germany-based electric vertical takeoff and landing (eVTOL) developer Lilium (NASDAQ: LILM) named Airbus (Euronext FR: AIR.FP) executive Klaus Roewe on Wednesday as its new chief executive officer, succeeding current CEO and co-founder Daniel Wiegand.  Roewe, who led Airbus’ successful A320 and A320neo airliner programs, is expected to begin his new role on August 1, while […]

Germany-based electric vertical takeoff and landing developer Lilium (NASDAQ: LILM) announced Tuesday it has achieved one of the most challenging hurdles of eVTOL flight: a main wing transition from hovering to horizontal flight in a full-size demonstrator aircraft.

Blade Air Mobility, Inc. will acquire three urban air mobility companies across the continent.

Uber-backed electric air taxi developer Joby Aviation told investors Thursday it expects no delays as a result of the FAA’s modified regulatory approach to type certification. In the company’s quarterly earnings conference call, Joby reported a $62.3 million net loss in Q1 2022, an increased loss of $20.8 million compared to the same period last year.

In a move that the FAA says will not “add delay” to completing type certification, the agency says it is “modifying its regulatory approach” to certificating electric vertical takeoff and landing (eVTOL) aircraft.

Following in the footsteps of several air taxi competitors, Brazil’s Embraer (NYSE: ERJ) announced Monday it has spun off its Eve Urban Air Mobility electric vertical takeoff and landing arm through a merger with a special purpose acquisition corporation (SPAC).

UK-based electric vertical takeoff and landing (eVTOL) aircraft developer Vertical Aerospace plans to begin a flight testing program for its VX4 full-scale prototype air taxi this summer.

California-based Archer Aviation and United Airlines is creating a joint advisory committee aimed at supporting Archer’s goals to operate an airline fleet of electric vertical takeoff and landing (eVTOL) air taxis.

International helicopter and fixed-wing lessor LCI has signed an agreement with Vermont-based Beta Technologies to acquire its Alia electric vertical takeoff and landing (eVTOL) aircraft.