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
VTOL
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
Lilium Partners with UrbanV and ACA to Launch eVTOL Network in South of France by 2026
Revolutionizing Regional Air Mobility: Zero-Emission Lilium Jets to Connect Key Destinations Across the French Riviera, Including Monaco, Nice, Cannes, and Marseille by DRONELIFE Staff Writer Ian J. McNabb Lilium, the German eVTOL (electronic Vertical Takeoff and Landing) jet developer, recently announced a partnership with Italian vertiport network operator UrbanV and … [Read more...] about Lilium Partners with UrbanV and ACA to Launch eVTOL Network in South of France by 2026