After the U.S. Air Force contract, Hermeus received $16 million in funding as it works toward the design of its Mach 5 aircraft and the engine to power it.
The Department of Veterans Affairs is permitting veterans to use their benefits to cover tools and living expenses for Duncan Aviation apprenticeships.
Boeing has established a dedicated 24/7 operations center for rapid issue resolution and will install expanded onsite specialized teams in five regions.
Hyundai has formed several partnerships in its quest to enter the urban air mobility market and expects its first vehicle to enter service this decade.
The eVTOL developers are joining 17 other companies to support NASA's efforts to nurture a leadership role for U.S. companies in advanced air mobility.
Kenneth Ricci's and Steven Rosen's special purpose acquisition company, Zanite Acquitision, is going public on Tuesday with an IPO priced at $200 million.