Toyota Motor Corporation and Joby Aviation, Inc. announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air mobility. The investment, which will be made in two equal... Read more →

A new study from Juniper Research found that global Advanced Air Mobility (AAM) revenue will reach $6 billion by 2030, up from just $31 million in 2025—a compound annual growth rate of 187%. AAM is the creation of new aviation technologies that enable small scale flights across short distances; often... Read more →

Lilium has successfully completed the first phase of integration testing of the Lilium Jet’s electrical power system at the company’s purpose-built laboratory. The test completion represents a key milestone on the path to flight conditions approval and type-certification of the revolutionary Lilium Jet. It means that, while the first two... Read more →

KULR Technology Group, a developer of safe and high-performance energy storage solutions, has been selected for a battery pack reference design project by Amprius Technologies, a developer of next-generation lithium-ion batteries with its Silicon Anode Platform. The final reference design will provide Amprius’ customers with a solution to address thermal... Read more →

Archer and Future Flight Global signed a memorandum of understanding (MOU) for the planned purchase of up to 116 Midnight Aircraft worth up to $580 million Along with this MOU, Future Flight Global made an initial deposit, and the MOU sets out nearly $5 million in pre-delivery payments to be... Read more →

AutoFlight and leading battery developer CATL (Contemporary Amperex Technology Co., Limited) announced an exclusive strategic investment and cooperation agreement, valued in the hundreds of millions of dollars, bringing together pioneers in eVTOL (electric vertical take-off and landing) and battery technology in a unique partnership. CATL’s exclusive strategic investment in AutoFlight... Read more →

Nidec will make a minority equity investment of US$20 million in Eve Air Mobility, a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s propulsion system, through Nidec’s subsidiary, Nidec Motor Corporation (NMC). In June 2023, Nidec established Nidec Aerospace LLC, a joint venture... Read more →

Archer Aviation has received an additional $55 million investment from Stellantis under the companies’ strategic funding agreement following the achievement of its transition flight test milestone last month. This latest investment builds on Stellantis’ series of open market purchases of 8.3 million shares of Archer’s stock in March of this... Read more →

Archer Aviation announced that on 8 June its Midnight aircraft successfully completed transition flying at a speed of 100+ mph. Archer has now achieved transition with two different full-scale eVTOL aircraft. Transition is well known in the industry as a very difficult milestone few companies have reached. At ~6,500 lbs,... Read more →

Archer Aviation and KakaoMobility, Korea’s leading mobility as a service (MaaS) platform service company, signed an agreement to partner for joint participation in the K-UAM Grand Challenge. The agreement and covers the planned purchase by KakaoMobility of up to 50 of Archer’s Midnight eVTOL aircraft worth up to an approximate... Read more →

Archer Aviation Inc., a leader in the development of electric vertical takeoff and landing (eVTOL) aircraft, announced the signing of a framework agreement in Abu Dhabi at the DRIFTx mobility event, held at the Yas Marina Circuit showcasing the latest in advanced urban mobility, driving discussions, collaboration, and innovation across... Read more →

Several air taxi companies are using a NASA-developed computer software tool to predict aircraft noise and aerodynamic performance. This tool allows manufacturers working in fields related to NASA’s Advanced Air Mobility mission to see early in the aircraft development process how design elements like propellors or wings would perform. This... Read more →

AutoFlight has delivered its first Prosperity aircraft to a customer in Japan, marking the inaugural delivery of a civilian ton-class eVTOL aircraft. The five-seater Prosperity aircraft was handed over to the customer, a pioneering Advanced Air Mobility (AAM) operator in Japan. The operator is currently developing plans for demonstration eVTOL... Read more →

Stellantis N.V. and Archer Aviation Inc. announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer’s stock signaling Stellantis’ continued confidence in Archer’s plans to bring electric vertical take-off and landing (eVTOL) aircraft to market beginning in 2025. (Earlier post.) Stellantis’ increased investment... Read more →

Airbus recently presented its full electric CityAirbus NextGen prototype to the public, ahead of its maiden flight later this year. The two-tonne class CityAirbus, with a wing span of approximately 12 meters, is being developed to fly with a 80 km range and to reach a cruise speed of 120... Read more →

Lilium N.V, developer of an all-electric vertical take-off and landing (eVTOL) jet, has partnered with Star Charge, a provider of electric vehicle charging infrastructure and microgrid solutions, to develop, customize, and provide charging systems for its Lilium Jets. At the Singapore Airshow, the companies announced that Lilium placed a first... Read more →

Archer Aviation, a developer of electric vertical takeoff and landing (eVTOL) aircraft, has signed a Space Act Agreement with the National Aeronautics and Space Administration (NASA). The collaboration will kick off with an initial project focused on studying high-performance battery cells and safety testing targeted for Advanced Air Mobility (AAM)... Read more →

Supernal LLC—Hyundai Motor Group’s Advanced Air Mobility (AAM) company—unveiled S-A2, its electric vertical takeoff and landing (eVTOL) vehicle product concept at CES 2024. S-A2 builds on the vision concept S-A1, which it debuted at CES 2020. Supernal will achieve commercial aviation safety levels and enable affordable manufacturing of its vehicles... Read more →

Joby Aviation, a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, successfully completed a series of air traffic simulations with NASA’s Ames Research Center that evaluated how air taxi operations can be integrated into today’s airspace, including at busy airports, using existing air traffic control... Read more →

Piasecki Aircraft Corporation has been awarded a $37-million multi-year contract by AFWERX, the Air Force’s innovation arm in conjunction with the Air Force Research Laboratory (AFRL), as part of its Strategic Funding Increase (STRATFI) program. The award will enable Piasecki to flight demonstrate its Aerial Reconfigurable Embedded System (ARES) tilt-duct... Read more →

Archer Aviation, a developer of electric vertical takeoff and landing (eVTOL) aircraft, and Air Chateau International DWC LLC, one of the leading private aviation operators in the UAE, signed an MOU covering a planned purchase by Air Chateau of up to 100 of Archer’s Midnight eVTOL aircraft with an approximate... Read more →

Supernal LLC—Hyundai Motor Group’s Advanced Air Mobility (AAM) company—announced a strategic partnership with Korean Air to help accelerate the design of an electric vertical takeoff and landing (eVTOL) vehicle and the development of the AAM ecosystem in Korea. The collaboration adds to a growing list of Supernal partnerships that are... Read more →

Archer Aviation, a developer of electric vertical takeoff and landing (eVTOL) aircraft, entered into an agreement with the Abu Dhabi Investment Office (ADIO) pursuant to which the parties intend to work together to make Abu Dhabi Archer’s first international launch partner, with plans to commence air taxi operations in Abu... Read more →

Amprius Technologies, developer of the Silicon Anode Platform for next-generation Li-ion batteries, has exited technical engagement and moved into internal qualification, securing a purchase order from an eVTOL (electric vertical take-off and landing) manufacturer for custom silicon anode cells. Amprius’ advanced cells now serve all major segments of the growing... Read more →

Archer Aviation landed a $215-million equity investment from industry leaders Stellantis, Boeing and United Airlines, as well as other financial institutions, including ARK Invest, increasing the company’s total funding to more than $1.1 billion to date. This investment round includes an acceleration of $70 million from Stellantis under the strategic... Read more →

Boeing subsidiary Wisk Aero recently completed the public demonstration flight of a fully autonomous, electric vertical takeoff and landing (eVTOL), fixed-wing air taxi. The milestone flight, which took place at EAA AirVenture, also marked the company’s first public demonstration of its 5th Generation autonomous, eVTOL technology demonstrator (Cora). Wisk completed... Read more →

UK-based engineering specialist Equipmake provided an advanced electric propulsion unit (EPU) for Vertical Aerospace’s prototype eVTOL aircraft. Recently completing the first full-scale untethered eVTOL flights in the UK, the VX4 prototype features a totally bespoke EPU from Equipmake, combining a lightweight, power-dense electric motor with a high-performance inverter, designed, developed... Read more →

Archer Aviation, an electric vertical takeoff and landing (eVTOL) aircraft company, has significantly expanded its partnership with the US Department of Defense (DoD) by signing new contracts with the US Air Force with a total value of up to $142 million. This new execution phase of the partnership includes the... Read more →

PLANA, a developer of hybrid advanced air mobility (AAM) eVTOL aircraft, signed a letter of intent (LOI) and a memorandum of understanding (MOU) with Hi-Air, a South Korean commercial air carrier, to supply 30 AAM aircraft. Under the LOI, PLANA will supply its hybrid-electric AAM aircraft, CP-01, to Hi-Air from... Read more →

MagLev Aero, which recently emerged from stealth mode with its proprietary MagLev HyperDrive aero propulsion platform for eVTOL aircraft, has selected GE Additive’s AddWorks consultancy team to support the development of additive technologies and materials for the platform. MagLev Aero’s innovation enables a large rim-driven circular rotor that maximizes efficiency... Read more →

At the Paris Air Show, Safran Electronics & Defense and Archer Aviation shared details of their ongoing collaboration on avionics technology, which kicked off back in 2021. This collaboration is focused on delivering solutions to Archer that utilize Safran Electronics & Defense’s industry-leading components that have a proven track record... Read more →

Rolls-Royce announced its new small gas turbine that has been specifically developed to power hybrid-electric flight is set to begin testing. The engine is part of a turbogenerator system that is being developed for the Advanced Air Mobility market. This includes electrical vertical take-off and landing (eVTOL) Aircraft for Urban... Read more →

Archer Aviation and Stellantis N.V. will attend the 54th edition of the 2023 Paris Air Show, starting 19 June 2023, to share progress toward scaling manufacturing of Archer’s Midnight eVTOL aircraft as Archer prepares for planned commercialization in 2025. (Earlier post.) Archer’s Midnight aircraft will be the featured eVTOL aircraft... Read more →

Lilium N.V., developer of an all-electric vertical take-off and landing (eVTOL) jet, has teamed with Collins Aerospace to design, develop and build the Lilium Jet’s inceptors—the sidestick system used by the pilot to control the aircraft. Collins Aerospace is a leader in technologically advanced and intelligent solutions for the global... Read more →

Archer Aviation and United Airlines plan to launch the first air taxi route in Chicago, between O’Hare International Airport (ORD) and Vertiport Chicago. Vertiport Chicago, North America’s largest vertical aircraft take off and landing facility, is located in the Illinois Medical District near the Chicago Loop. This site was selected... Read more →

Belgian solid-state Lithium battery technology company SOLiTHOR and aerospace company Sonaca signed a bilateral Memorandum of Agreement jointly to develop safe, high-density rechargeable solid-state Lithium battery systems for Regional Aircraft and Urban Air Mobility. This partnership will also expand to satellite systems as well as defense systems. This alliance will... Read more →

Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. The two companies signed a memorandum of understanding in Seoul... Read more →

Stellantis and Archer Aviation have agreed to expand their partnership by joining forces to manufacture Archer’s flagship electric vertical take-off and landing (eVTOL) aircraft, Midnight. Stellantis will work with Archer to stand up Archer’s recently announced manufacturing facility in Covington, Georgia at which the companies plan to begin manufacturing the... Read more →

Brazil’s National Development Bank (BNDES) will support Eve’s eVTOL development efforts (earlier post) with two distinct credit lines, totaling $92.5 million. Both credit lines are expected to offer beneficial terms and conditions to Eve with a 12-year maturity and amortization grace period. The financing is subject to the negotiation and... Read more →

Archer Aviation publicly unveiled its production aircraft, Midnight, a pilot-plus-four-passenger eVTOL aircraft during its Open House event in Palo Alto, CA. Midnight is the evolution of Archer’s demonstrator eVTOL aircraft, Maker, which has validated its proprietary twelve-tilt-six configuration and key enabling technologies. Midnight is designed to be safe, sustainable, quiet... Read more →

Archer Aviation and E-One Moli Energy Corp. (Molicel), a supplier of lithium-ion battery cells, entered into a memorandum of understanding for Molicel to manufacture and supply the battery cells for Archer’s production electric vertical takeoff and landing (eVTOL) aircraft, Midnight. Archer is focused on building an aircraft tailored to the... Read more →

Archer Aviation Inc. (NYSE: ACHR), a developer of electric vertical takeoff and landing (eVTOL) aircraft, and Garmin, a leading provider of aviation technologies and solutions, entered into an agreement for Garmin to supply the G3000 integrated flight deck for Midnight, Archer’s production aircraft. The G3000 system is the first touchscreen-controlled... Read more →

Hyundai Motor Group signed a Memorandum of Understanding (MoU) with the Nusantara Capital City Authority (Indonesia: Otorita Ibu Kota Nusantara, OIKN) to work together to establish an advanced air mobility (AAM) ecosystem in Indonesia. The MoU was executed during the B20 summit in Indonesia. The MoU aims to introduce AAM... Read more →

11/14/2022 The selection of the site for its manufacturing facility represents a key next step as Archer works towards its goal of being first in the industry to bring up a high-capacity production facility. Archer plans to initially build out a 350,000 square-foot facility, capable of producing up to 650... Read more →

Archer Aviation and United Airlines (NASDAQ: UAL) announced their first airport-to-city-center route between United’s hub at Newark Liberty International Airport (EWR) and New York City. The Downtown Manhattan Heliport, located just above Battery Park on Pier 6, has been confirmed as the first planned takeoff and landing site as part... Read more →

BAE Systems and Supernal will partner to design and develop the flight control computer for Supernal’s electric Vertical Takeoff and Landing (eVTOL) vehicle. In support of Supernal—an advanced air mobility company from Hyundai Motor Group (earlier post)—BAE Systems will help define the architecture of a lightweight, fly-by-wire system for its... Read more →

Wisk Aero, an Advanced Air Mobility (AAM) company, revealed the first self-flying, all-electric, four-passenger vertical takeoff and landing (eVTOL) air taxi. As Wisk’s go-to-market aircraft, Generation 6 represents the first candidate for type certification by the FAA of an autonomous eVTOL. Generation 6 combines autonomous technology and software, human oversight... Read more →

MintAir Co. Ltd. signed a Letter of Intent (LoI) with Jaunt Air Mobility LLC to form a strategic partnership and to purchase Jaunt Journey electric vertical takeoff and landing (eVTOL) aircraft. MintAir has agreed to order up to 40 of Jaunt's aircraft to bring air mobility services to the Korean... Read more →

Joby Aviation, a California-based company developing electric vertical take-off and landing (eVTOL) aircraft, announced an expansion of its existing contract with the US Air Force’s Agility Prime program that increases the contract’s potential value by more than $45 million. Agility Prime, launched in April 2020, is the Air Force’s collaborative... Read more →

Archer Aviation has received a $10-million pre-delivery payment from United Airlines for 100 of the company’s initial production eVTOL aircraft. United is making the deposit on 100 of Archer’s production aircraft which it agreed to purchase in 2021. Archer recently completed the Preliminary Design Review (PDR) for its production aircraft—now... Read more →