The German eVTOL aircraft developer is joining the public-private Urban Movements Labs partnership to support the city of Los Angeles in efforts to launch air taxi and other air mobility services.
The American Institute of Aeronautics and Astronautics surveyed 1,000 professionals from 38 countries about the current and future state of the industry.
Having completed their mergers with special purpose acquisition companies, two more eVTOL start-ups are going public in New York but both are set to raise less capital than anticipated.
The UK Urban Air Mobility Consortium has published largely jargon-free, plain English guidance to help the general public and other stakeholders better understand the case for supporting eVTOL aircraft operations in cities.
The Israeli company has raised the first $10 million towards a Series A funding round goal of $100 million, with support from investors in Israel, the U.S., and Brazil.
The UK charter industry regrets the country’s departure from the EU that ushered in the need to obtain country-specific permits for flights into the EU.
The U.S. airframer projects demand for more than 43,500 new airplanes valued at $7.2 trillion over the next 20 years in its new Commercial Market Outlook.