Markets
Beta completes Alia CTOL deployments with two U.S. DOD major commands
On-base and cross-country missions were conducted with the Air Combat Command and Air Mobility Command via multi-day and day-long exercises to evaluate Beta’s composite aircraft with real-world scenarios.
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Joby demonstrator makes 523-mile hydrogen-electric flight
Hydrogen-electric program builds on technology developed by H2FLY subsidiary, demonstrates potential for emissions-free regional travel using Joby’s all-composite eVTOL aircraft.
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Hexagon Mobile Pipeline order supports enhanced industrial gas transportation
Modules feature all-composite Titan cylinders and high-strength steel frame, transporting almost double that of steel tube trailers.
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Stellantis invests additional $55 million in Archer
Following Midnight’s recent flight test milestone, the automaker’s strategic funding agreement buildings on $39 million worth of Archer stock and $110 million investment in 2023.
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COPVs designed, qualified for demanding aerospace, automotive applications
CAMX 2024: Hexagon Purus showcases its portfolio of Type 3 and 4 COPVs which can be configured to meet a variety of needs.
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Eve receives $94 million additional equity to support eVTOL development
New capital financing includes equity injection participation from large strategic industrial companies and diversified investors.
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Cryostar, Verne to develop heavy-duty CcH2 fueling solutions
The parties will develop composites-intensive station equipment capable of refueling both compressed hydrogen and CcH2, enabling low-cost, future-proofed refueling stations.
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AIR presents cargo-focused eVTOL aircraft
AIR’s eVTOL offerings now include an unmanned variation of AIR One for cargo and logistics use, featuring its agile design across different use cases.
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Eve names suppliers for eVTOL windows, doors and fuselage
Long-term supply agreements include KRD for windows, Latecoere for the aircraft’s doors, as well as Rallc and Alltec supplying composites expertise for fuselage development.
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Midnight production aircraft completes full transition flight
This is Archer’s second full-scale eVTOL aircraft to achieve this milestone, critical to being able to carry commercially viable passenger payloads.
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