Once heralded as a transformative leap for urban mobility, Germany’s air taxi industry is now facing turbulent skies. With two prominent start-ups, Lilium and Volocopter, teetering on the brink of collapse, the dream of electric vertical take-off and landing (eVTOL) aircraft revolutionizing transport seems further away than ever.
20
Dec
Dec
Archer Aviation, a prominent player in the electric vertical takeoff and landing (eVTOL) aircraft sector, has recently secured $430 million through an equity offering. This substantial infusion of capital is earmarked for the development of a hybrid-propulsion VTOL aircraft in collaboration with defense technology firm Anduril Industries.
28
Jul
Jul
In the realm of technological innovation, few concepts capture the imagination quite like flying cars. Once relegated to the pages of science fiction, these marvels of engineering are inching closer to reality. As nations race to dominate this nascent industry, the potential economic benefits for the country that takes the lead are nothing short of extraordinary.
20
Jul
Jul
In a bold move that promises to reshape urban transportation, EHang Holdings Limited has inked a groundbreaking deal with KC Smart Mobility, a subsidiary of Hong Kong’s transportation giant Kwoon Chung Bus Holdings Limited (KCBH). This partnership aims to introduce EHang’s cutting-edge EH216-S pilotless electric vertical take-off and landing (eVTOL) aircraft to the skies of Hong Kong, Macau, and select cities in China’s Hubei Province.
22
Jun
Jun
Richard Browning, the visionary founder of Gravity Industries, has showcased the impressive potential of jetpack technology for emergency rescue operations. The recent demonstration in the Torockó Mountains of Transylvania highlighted the practicality and efficiency of using jetpacks, also known as Jet Suits, in scenarios where traditional methods are slow and cumbersome.
15
Mar
Mar
The transportation landscape is on the cusp of a revolutionary transformation, with electric vertical takeoff and landing vehicles (eVTOLs), flying cars, and electric planes poised to take flight and reshape how we travel. This burgeoning industry, often referred to as electric vertical aerospace (EVA), has ignited a global race for air mobility supremacy, attracting a multitude of stakeholders vying for a coveted position in the skies.