EHang linked to Nasdaq IPO
EHang, the Chinese drone and eVTOL manufacturer has filed for an initial public offering (IPO) of up to $200 million shares with Nasdaq – according to Bloomberg, citing sources familiar with the matter. EHang...
Category: Vtol
Volocopter closes EUR 50 million financing
Volocopter has closed a EUR 50 million financing round led by Chinese automotive conglomerate Geely. The Series C financing more than doubles Volocopter’s capital. It had secured a total of EUR 35 million up...
EAA AirVenture round-up
From July 22-28 this year, legacy and experimental aviation companies were strutting their stuff, exhibiting their aircraft and ideas at the Experimental Aircraft Association (EAA) AirVenture air show in Oshkosh, Wisconsin, USA. According to...
Continental Aerospace and VerdeGo Aero announce strategic partnership
Continental Aerospace Technologies and VerdeGo Aero have announced a strategic partnership to develop hybrid-electric propulsion systems for eVTOLs. Florida-based VerdeGo is a start-up developing its Integrated Distributed Electric Propulsion (IDEP) system, while Continental is...
The silver lining to Franky Zapata’s cross-Channel flight cloud
Franky Zapata, the flying enthusiast who attempted to cross the English Channel on his personal VTOL on July 25, has been unsuccessful. The VTOL – dubbed Flyboard Air – is fitted with five jet...
A Catalyst for change: XTI partners with GE
XTI has partnered with GE Aviation to develop a hybrid-electric propulsion system to power the XTI TriFan 600 eVTOL – with GE’s new Catalyst turboprop engine at the core. The GE Catalyst engine is...
Innovator plans cross-Channel flight on personal VTOL
Franky Zapata, founder of Zapata Racing, will attempt to cross the English Channel on his personal VTOL – Flyboard Air – on Thursday (25th) this week. It will be 110 years to the day...
Personal VTOL prototype wows Bastille Day crowds
At the Bastille Day parade in Paris last week, water-craft racer Franky Zapata amazed crowds and European dignitaries – including French president Emmanuel Macron and German chancellor Angela Merkel – with his personal VTOL...
PRICE Systems helps Uber estmate prices for Uber Air
PRICE Systems, a company providing cost estimating solutions, is helping Uber and its partners in the Uber Air initiative in estimating the optimum price per hour for the air taxi service. PRICE claims that...
We could be flying, yeah!
Airbus recently announced a partnership with Groupe ADP, the RATP group, the Paris Ile-de-France region and the French civil aviation authority (DAGC) for the development of urban air mobility (UAM) in Paris. The French...