Archer Aviation, the California-based eVTOL manufacturer, began trading on the New York Stock Exchange (NYSE) on Sept. 17, a day after Atlas Crest Investment Corp. announced the completion of the SPAC merger with Archer.
CAE will provide pilot and maintenance technician training programs for the Beta Technologies Alia eVTOL aircraft in a strategic partnership announced on Sept. 15.
Ascendance Flight Technologies announced on Sept. 20 that it had raised €10M in a funding round backed by Habert Dassault Finance, Celeste Management, M Capital, Kima Ventures and IRDI.
In a press release on Sept. 14, Urban Aeronautics announced that it had secured a $10M investment from private investors toward the development of its hydrogen-powered CityHawk eVTOL.
NASA and Joby Aviation conducted a series of flight tests as part of the agency's Advanced Air Mobility (AAM) National Campaign.
The US Naval Air Warfare Center Aircraft Division (NAWCAD) awarded PteroDynamics a contract to provide three eVTOL drone prototypes by June 2022.
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On Oct. 8, HyPoint, a California-based startup specializing in zero-emission aviation, announced that it had partnered with German chemical firm BASF to develop high-performance fuel cell membranes for HyPoint’s hydrogen fuel cell system.
In an announcement at HeliTech Expo in London on Oct. 5, the UK Civil Aviation Authority (CAA) unveiled the creation of a new international consortium of eVTOL industry leaders and aviation experts.
On Sept. 27, in a breakthrough for electric-powered aviation, the FAA issued special conditions for airworthiness standards for electric engines produced by MagniX, an Everett, Washington-based manufacturer of electric motors.
German aerospace firm Lilium GmbH began trading on the Nasdaq stock exchange on Sept. 15.
