Advanced Air Mobility
Vertical Aerospace completes Phase 2 piloted flight testing
VX4 eVTOL aircraft prototype begins untethered, piloted, thrust-borne testing following expansion of permit to fly from the UK Civil Aviation Authority.
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Beta begins Alia CTOL production aircraft flight testing
Flight of first production aircraft fresh off Beta’s full-scale manufacturing line in Vermont is followed by Special Airworthiness certification from the FAA.
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Lilium launches M&A process, targets eVTOL program continuation
Despite court-approved insolvency filings and beginning first investor briefings, Lilium remains fully focused on re-emerging following restructuring, setting its sights on fresh investment to support the Lilium Jet.
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Archer Aviation signs eVTOL aircraft purchase with Japan
Japan Airlines’ and Sumitomo’s joint venture company intends to purchase up to 100 Midnight aircraft to certify and commercialize AAM services across Japan.
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VoltAero opens facility in France for Cassio aircraft
VoltAero inaugurates its industrial facility in Rochefort for the final assembly line for the family of Cassio electric-hybrid aircraft, to incorporate composite elements.
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Manta Aircraft, Shenyang Aviation establish AAM aircraft partnership
The focus of accelerated development is on Manta’s Ann Plus vehicle model, offering a complete carbon fiber structure and VTOL and STOL operation capabilities.
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Beta Technologies raises $300 million to fund AAM growth, commercialization
Series C capital raise will be used to propel the certification of Beta’s composites-intensive Alia CTOL, Alia VTOL and electric motors, while directly supporting ramp-up of production, delivery of aircraft and chargers.
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AAM startup Lilium to file for self-administered insolvency
Two of its principal subsidiaries will file for insolvency and apply for self-administration, follows failed loan efforts from German parliament’s Budget Committee, Bavarian government.
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Toyota invests $500 million in Joby Aviation
Toyota Motor Corp. is investing an additional $500 million to support the certification and commercial production of Joby Aviation Inc.’s eVTOL aircraft.
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Production-ready Dufour Aero2 drone undergoes hover flight
The composites-intensive VTOL platform is next expected to undergo a series of test flights in various conditions to validate its performance, safety and reliability, leading up to eventual certification.
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