In a landmark move for aviation technology, CycloTech, an Austrian pioneer in innovative flight propulsion technology, has announced a successful 20 million Euro investment, marking a significant milestone in the development of its groundbreaking propulsion system. This investment, contributed by Breeze Invest and Konos Holding, underscores the industry’s confidence in CycloTech’s vision and its potential to redefine the future of air mobility.
In an era where technology and innovation intersect to redefine boundaries, WaveAerospace stands at the forefront with its latest venture into uncrewed air mobility. The company is poised to commence flight testing of its pioneering hybrid-electric vehicle, the Huntress Turbojet, a venture that underscores the potential of next-generation aviation technology.
In the bustling corridors of aerospace innovation, a partnership is taking shape that’s poised to redefine urban mobility. Airbus, a titan in the aviation industry, has joined forces with MAGicALL, a Californian specialist in electric propulsion, to create the CityAirbus NextGen – a forerunner in the eVTOL (Electric Vertical Take-Off and Landing) space. This collaboration, announced on May 10, 2023, is not just about developing an aircraft; it’s about crafting a new narrative for urban transportation.
In an event that would befit an opening scene of a science fiction movie, China recently celebrated the successful launch of its first ever flying saucer-shaped craft. However, fans of extraterrestrial phenomenon need not to get too excited – this is no alien technology. As reported by Shenzhen Pages, a local news outlet, the saucer is a brainchild of Shenzhen UFO Flying Saucer Technology, an eVTOL (Electric Vertical Takeoff and Landing) solution provider.