South Korea’s WP Investments, along with Honeywell and previous investor Atlantis, are the main backers for a $170 million funding round for Volocopter.
The agreement marks a shift in the German eVTOL aircraft developer's advanced air mobility business model as it prepares to bring the Lilium Jet into commercial service by 2024.
India-based L&T Technology Services will provide so-called pure-play engineering services to Jaunt as it works to bring its family of eVTOL aircraft to market.
A survey commissioned by Asia SkyMedia for its first Asia-Pacific UAM report shows 27 percent of respondents “fully trust” regulators to make the right decisions.
WCBS 880 radio helicopter traffic reporter Tom Kaminski is also known for his brief role as an eyewitness to one of the darkest events in American history.