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The $10 million pre-delivery payment emphasizes financial commitment to the composite eVTOL, Maker, following recent completion of the aircraft’s Preliminary Design Review.
The rigorous program will continue experimentation and flight testing of the composite eVTOL aircraft, closely following behind U.S. eVTOL developers like Joby, Archer and Beta Technologies.
Positive market development continued into Q2 2022, backed by a 12.5% year-on-year revenue increase and a doubled EBIT as the result of global growth in the aviation industry.
New hires, appointments and personnel promotions have been announced by Teijin Ltd., Vectorply, Engel North America, Wisk, Trelleborg, Lockheed Martin, Thermwood, Archer and more.
Explore 2023’s standout moments in the composites industry with CW's compilation of the top 10 news articles, determined by Google Analytics.
Horizontal and vertical tail, aileron, and rudder and elevator will be developed and manufactured for the lift + cruise aircraft, scheduled to enter service in 2026.
The demanding requirements of electric-powered flight are said to offer a promising market for a host of new technologies, aviation-grade batteries, electric motors and composite materials being a few.
As eVTOL OEMs seek to advance program certification, production scale-up and lightweighting, AAM’s penetration into the composites market is moving on an upward trajectory.
CMC is expanding, with new fiber production in Europe, faster processes and higher temperature materials enabling applications for industry, hypersonics and New Space.
The airline signed a purchase agreement for up to 400 electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility (UAM).