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
Skyportz Welcomes New Action Plan for Advanced Air Mobility in Victoria, Australia
Victoria's Government Introduces Strategic Framework to Boost Vertiport Development Skyportz, an Australian vertiport developer, has expressed strong support for the newly released Advanced Air Mobility (AAM) Action Plan for the State of Victoria. This plan marks a significant step forward in establishing the necessary infrastructure for air taxi operations and other AAM … [Read more...] about Skyportz Welcomes New Action Plan for Advanced Air Mobility in Victoria, Australia
SkyDrive and JR Kyushu Partner for Feasibility Study on eVTOL Deployment in Kyushu
Agreement Aims to Enhance Tourism and Urban Development through Advanced Air Mobility SkyDrive Inc., a prominent Japanese eVTOL aircraft manufacturer, and Kyushu Railway Company (JR Kyushu) have entered into an agreement to conduct a feasibility study for the deployment of eVTOLs in the Kyushu region. This SkyDrive and JR Kyushu partnership seeks to explore the potential … [Read more...] about SkyDrive and JR Kyushu Partner for Feasibility Study on eVTOL Deployment in Kyushu
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
