Landmark Agreement Signed During Utah Aerospace & Defense Day Showcases Vision for Statewide Electric Aircraft Network and Sustainable Air Transportation by DRONELIFE Staff Writer Ian J. McNabb In recent news from Salt Lake City, the Utah Aerospace & Defense group (47G) is scheduled to sign a landmark agreement with South Burlington, Vermont-based electric aircraft … [Read more...] about Utah Partners with BETA Technologies to Launch Electric Aviation Ahead of 2034 Winter Olympics
Urban Air Mobility
FCC Proposes New Spectrum Rules to Advance Air Mobility Technologies
Updated Guidelines Aim to Enhance Safety, Innovation, and Growth in Crewed and Uncrewed Aviation The Federal Communications Commission (FCC) has announced a new initiative to modernize spectrum rules for advanced air mobility systems, a sector that combines crewed and uncrewed aircraft for efficient transportation of people and cargo. The FCC's Notice of Proposed Rulemaking … [Read more...] about FCC Proposes New Spectrum Rules to Advance Air Mobility Technologies
EHang Announces $30 Million Share Repurchase Program Amid Major Advancements in Urban Air Mobility
Chinese AAM Leader Demonstrates Confidence with New UAM Facility in Hefei and Continued Progress Toward Mass Production of Passenger Drones by DRONELIFE Staff Writer Ian J. McNabb Guangzhou-based advanced air mobility company EHang recently announced that their board of directors had pproved a Share Repurchase Program, pursuant to which the Company may repurchase up to … [Read more...] about EHang Announces $30 Million Share Repurchase Program Amid Major Advancements in Urban Air Mobility
Lilium Embarks on Restructuring and New Investment Efforts
KPMG to Lead M&A Process; Insolvency Filings Approved for German Subsidiaries Lilium N.V.,(Nasdaq: LILM) a developer of electric aircraft for Regional Air Mobility (RAM), recently announced it has engaged KPMG to oversee a structured and open M&A process. The Local Court of Weilheim approved insolvency filings for Lilium's German subsidiaries, granting the company’s … [Read more...] about Lilium Embarks on Restructuring and New Investment Efforts
LIFT Japan Set to Launch eVTOL Flight Experiences at Expo 2025
Marubeni Aerospace Partners with LIFT Aircraft to Bring HEXA eVTOL to Japan LIFT Aircraft, in partnership with Marubeni Aerospace, plans to launch its unique pay-per-flight eVTOL service in Japan during World Expo 2025. Following successful demonstrations in Osaka and an exhibition at SusHi Tech 2024 in Tokyo, the collaboration marks Japan as the first market outside of the … [Read more...] about LIFT Japan Set to Launch eVTOL Flight Experiences at Expo 2025
