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Overair Loses Hanwha

Overair Loses Hanwha

  • 31 Aug 2024 07:52 AM
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In May, Forbes.com reported that Overair had run low on capital and had lost a majority of its employees.

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Skyportz Patents Vertiport, Gets 1,000 orders

Skyportz Patents Vertiport, Gets 1,000 orders

  • 31 Aug 2024 07:47 AM
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After the Farnborough International Airshow (see “Farnborough Airshow 2024: Smarter Aviation,” Vertiflite, Sept/Oct 2024), Melbourne, Australia-based Skyportz announced that it had received three orders for its “vertipad” design totaling more than 1,000 orders.

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Wright Electric Wins Air Force Award

Wright Electric Wins Air Force Award

  • 31 Aug 2024 07:42 AM
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On Aug. 7, the US Air Force awarded Wright Electric a contract to develop high-power output rechargeable batteries.

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AutoFlight Secures CATL Investment

AutoFlight Secures CATL Investment

  • 31 Aug 2024 07:40 AM
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AutoFlight announced on Aug. 6 that it had secured a strategic investment from Chinese EV battery giant Contemporary Amperex Technology Co., Limited (CATL).

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XPeng Raises More Funding

XPeng Raises More Funding

  • 31 Aug 2024 07:36 AM
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On Aug. 4, China eVTOL News posted that electric-vehicle (EV) giant XPeng had raised $150M in a Series B1 funding round for its AeroHT subsidiary, and had launched a Series B2 round.

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LIFT Announces HEXA 2

LIFT Announces HEXA 2

  • 31 Aug 2024 07:33 AM
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On Aug. 1, Austin, Texas-based LIFT Aircraft revealed that it developed a second generation of its HEXA ultralight eVTOL aircraft.

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Ecojet Fleet to Include ARC’s Linx P9

Ecojet Fleet to Include ARC’s Linx P9

  • 31 Aug 2024 07:30 AM
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Ecojet signed a letter of intent with ARC Aerosystems to purchase 20 Linx P9 hybrid-electric compound helicopter, ARC Aerosystems announced on Aug. 1.

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Moya Goes Hybrid

Moya Goes Hybrid

  • 31 Aug 2024 07:25 AM
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Brazilian eVTOL developer Moya Aero has begun developing a hybrid-electric version of its tandem-wing cargo drone. 

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SkyDrive Eyes Maiden Flight

SkyDrive Eyes Maiden Flight

  • 31 Aug 2024 07:23 AM
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SkyDrive intends to conduct the maiden flight of its SD-05 eVTOL aircraft within months, according to a July 30 report in Vertical Magazine.

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LYTE Selects H3 Dynamics for SkyBus

LYTE Selects H3 Dynamics for SkyBus

  • 31 Aug 2024 07:20 AM
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LYTE Aviation selected H3 Dynamics to provide the hydrogenelectric fuel cell propulsion system for its SkyBus LA-44 eVTOL aircraft (shown), LYTE announced on July 25.

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