Markets
Midnight aircraft continues to hit key certification milestones
Archer Aviation’s intentional strategies have yielded a simpler and more focused scope of certification work, paving the way for the start of its first “for credit” testing by early 2024.
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Horizon Aircraft to list publicly via SPAC company Pono Capital Three
The composite hybrid-electric eVTOL aircraft developer has signed a definitive agreement to merge with Nasdaq-listed Pono Capital Three in an effort to promote its expansion in the AAM market.
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GKN explores LH2 fuel systems with Marshall, Parker Aerospace
MOU partnership will encompass all areas of hydrogen fuel cell system development to achieve a complete hydrogen propulsion system for zero-emission mid-range aircraft.
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Archer developments accelerate Midnight eVTOL path to market
In tandem with Q2 2023 financial and operation results, Archer secures a $215 million investment, Midnight receives special airworthiness certification and an agreement is reached with Boeing and Wisk for autonomous flight collaboration.
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Aska A5 flying car achieves flight testing milestone
The fly-and-drive technology — capable of driving on public roads in addition to VTOL and STOL flight — makes progress after receiving FAA special airworthiness certification.
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Wisk Aero completes public demonstration flight of Cora eVTOL aircraft
Wisk’s multi-transition milestone flight showcased the fixed-wing demonstrator aircraft’s capabilities.
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Impulse Space secures $45 million to support vehicle development, production
Developer of in-space transportation vehicles using CFRP tanks raises capital investment from Raytheon Technologies (RTX) Ventures.
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Plana, OneSky sign MOU for AAM aircraft operation
OneSky Future of Flight program will provide Plana an ecosystem to advance scalable operation efforts for its composite CP-01 aircraft, as well as UTM solutions for the AAM industry as a whole.
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Eve, Embraer unveil first eVTOL production location in Brazil
Situated in the city of Taubaté in Brazil, the manufacturing facility is strategically placed to facilitate the development and sustainability of new production processes for Eve’s eVTOL ramp-up.
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Alef Aeronautics earns FAA approval to launch flying car
FAA certifies testing of California startup Alef’s all-electric composite vehicle, which is drivable on public roads and has VTOL capabilities.
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