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
VTOL
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
Pet Recovery, eVTOL Breakthroughs, and Regulatory Challenges: on this Episode of Weekly Wings
Don’t miss the latest edition of the new drone industry podcast from DRONELIFE, Weekly Wings! The current news and big Issues, from the pilot perspective. In this episode, Paul Rossi, Samuel Stansberry and Terry Neff dive into the latest advancements and challenges in the drone industry. Join us as we kick off with a fascinating segment on the TikTok drone guy who's using … [Read more...] about Pet Recovery, eVTOL Breakthroughs, and Regulatory Challenges: on this Episode of Weekly Wings
Skyports Partners with Jeju Air on Korean Vertiport Development
Strategic Collaboration Aims to Foster Korean Advanced Air Mobility Market Skyports Infrastructure, a leading provider of vertiport infrastructure for the advanced air mobility (AAM) industry, has announced a partnership with Jeju Air Co., Korea’s foremost low-cost airline. This collaboration is set to support the deployment of vertiports for air taxi operations in … [Read more...] about Skyports Partners with Jeju Air on Korean Vertiport Development
SkyDrive Begins FAA Type Certification: Paving the Way for eVTOL Innovations in American Airspace
Japanese Developer SkyDrive Collaborates with JCAB and FAA to Bring the SD-05 to Market, Targeting 2026 for North American Expansion by DRONELIFE Staff Writer Ian J. McNabb Japanese “flying car” eVTOL (electronic vertical takeoff and landing) developer Skydrive recently announced that the FAA had accepted their application for type certification for their three-seater … [Read more...] about SkyDrive Begins FAA Type Certification: Paving the Way for eVTOL Innovations in American Airspace
