Innovative Modular Vertipad Design Garners Strong Interest from Air Taxi Industry Skyportz has secured more orders for more than 1,000 units for its new modular vertipad solution, following its release at the Farnborough International Airshow last month. The innovative design aims to support the growing air taxi industry by addressing key concerns such as passenger safety, … [Read more...] about Skyportz Secures Orders for Over 1,000 Vertipads After Farnborough Airshow
VTOL
Quantum-Systems Awarded AUD $90 Million Contracts by Australian Defence Force
Delivery and Support for Advanced eVTOL Systems to Enhance ADF Capabilities Quantum-Systems Inc., the U.S. subsidiary of Quantum Systems, has been awarded two significant contracts under DEF129-SUAS, formerly known as Land 129 Phase 4B. The contracts, totaling AUD $90 million, were signed on April 24, 2024, in Brisbane, Queensland. They encompass the acquisition of … [Read more...] about Quantum-Systems Awarded AUD $90 Million Contracts by Australian Defence Force
Southwest Airlines and Archer Aviation Partner to Develop Electric Air Taxi Network in California
Revolutionizing Urban Travel: Collaborative Effort to Integrate eVTOL Aircraft into California’s Airport Operations Southwest Airlines Co. (NYSE: LUV) and Archer Aviation Inc. (NYSE: ACHR) have signed a memorandum of understanding (MOU) to develop operational plans for electric air taxi networks utilizing Archer’s eVTOL aircraft at California airports where Southwest operates. … [Read more...] about Southwest Airlines and Archer Aviation Partner to Develop Electric Air Taxi Network in California
Stellantis Boosts Investment in Archer Aviation by $55 Million
Strategic Funding to Accelerate eVTOL Aircraft Production Stellantis N.V. and Archer Aviation Inc. have announced a significant $55 million investment from Stellantis, under the companies’ strategic funding agreement. This follows the achievement of Archer's transition flight test milestone last month and adds to Stellantis’ prior $39 million in open market purchases of Archer … [Read more...] about Stellantis Boosts Investment in Archer Aviation by $55 Million
Overwatch Group and PteroDynamics Forge Exclusive Distribution Agreement
Agreement Covers Transwing® VTOL UAS in UK, Saudi Arabia, and UAE Overwatch Group, a UK-based specialist in unmanned systems and munitions technologies, and PteroDynamics Inc., a vertical takeoff and landing (VTOL) aircraft systems provider, have announced a significant strategic relationship. This partnership includes an exclusive distribution agreement for the Transwing® … [Read more...] about Overwatch Group and PteroDynamics Forge Exclusive Distribution Agreement
