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SkyDrive

SkyDrive

  • 04 Nov 2019 12:12 PM
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Japanese flying car developer SkyDrive announced Sept. 30 that it secured $14M through third-party share issuance funding and subsidies, for a total of $18.5M raised. In addition, manned test flights will begin this year.

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Boeing and Safran Fund EPS

Boeing and Safran Fund EPS

  • 04 Nov 2019 12:09 PM
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Boeing and Safran have invested in Electric Power Systems (EPS), a company offering a suite of safe, certifiable and lightweight energy storage products that provide high quality power for aerospace and other markets. Boeing HorizonX Ventures and Safran Corporate Ventures jointly invested in EPS during this Series A funding round they announced on Sept. 17. 

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Hyundai Announces UAM Division

Hyundai Announces UAM Division

  • 04 Nov 2019 12:08 PM
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On Sept. 29, Hyundai Motor Group revealed that it has established an Urban Air Mobility Division and appointed Dr. Jaiwon Shin as its Executive Vice President and Head. Shin was most recently the NASA Associate Administrator for Aeronautics at NASA, where he shaped the agency’s aeronautics research and development strategy for 11 years. 

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USAF Talks “Flying Cars”

USAF Talks “Flying Cars”

  • 04 Nov 2019 12:05 PM
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On Sept. 16, Air Force Assistant Secretary for Acquisition Will Roper commented at the annual Air Force Association’s annual national convention that it was following the recent “flying car” developments of the eVTOL industry. As a result, the Air Force Research Lab at Wright-Patterson AirForce Base is launching a new initiative called Agility Prime.

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Teaming for Transformative Vertical Flight

Teaming for Transformative Vertical Flight

  • 04 Nov 2019 11:05 AM
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The Vertical Flight Society has been leading efforts since 2014 to support the realization of electric vertical takeoff and landing (eVTOL) aircraft. Over this time, VFS has been working with a growing number of associations, trying to get everyone involved in solving the daunting challenges this new type of aircraft face. Now that terms like eVTOL, air taxis and urban air mobility (UAM) are commonplace, many new associations and organizations have realized that they also need to get involved to support the development of this promising — and potentially transformative — capability.

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XTI Progress in Asia

XTI Progress in Asia

  • 04 Nov 2019 11:00 AM
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XTI Aircraft Company announced on Sept.16 that it was invited to and participated in a large investment trade fair in Guizhou Province, China. A draft agreement was signed regarding the formation of a joint venture in China that could provide the means to assemble and support the TriFan 600 aircraft in Guizhou Province, China, and to market and sell the TriFan 600 in a specified geographical area.

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US Air Force Interest in eVTOL

US Air Force Interest in eVTOL

  • 30 Sep 2019 09:47 AM
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For small businesses seeking to fund development across the spectrum of eVTOL technologies, the US Air Force recently posted a new Small Business Innovation Research (SBIR) program release at https://www.afwerx.af.mil/sbir.html. Applications are open Sep 24 to Oct 23, 2019.

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Volocopter hits high gear

Volocopter hits high gear

  • 30 Sep 2019 09:33 AM
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Volocopter reveals design for new Urban Air Mobility aircraft, Aug 21: Volocopter announced its newest air taxi model, the VoloCity, intended to be the first commercial Volocopter aircraft. This will be the fourth-generation eVTOL by the German Urban Air Mobility developer.

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White House Supports eVTOL

White House Supports eVTOL

  • 11 Sep 2019 09:30 AM
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The White House Office of Science and Technology Policy (OSTP) and the National Science and Technology Council (NSTC) are responsible for the interagency coordination and development of technical reports, strategy documents, and policy memos concerning various scientific and technological topics of importance to the Nation.

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NEXA Capital Partners Launches “Urban Air Mobility Geomatics, LLC”

NEXA Capital Partners Launches “Urban Air Mobility Geomatics, LLC”

  • 10 Sep 2019 09:28 AM
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Washington, D.C., September 10, 2019 – NEXA Capital Partners has launched Urban Air Mobility Geomatics, LLC, a new business intelligence entity to accelerate much‐needed investment into eVTOL flight through analytical tools and advanced models, supported by geospatial data and business case analysis. UAM Geomatics is also pleased to announce a partnership with Blue Raster, an award‐winning Esri pioneer in interactive ArcGIS technology.

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