Month: April 2021

UPS, together with its UPS Flight Forward subsidiary, plans to purchase electric Vertical Takeoff and Landing (eVTOL) aircraft from Beta Technologies (BETA) to augment its air service for select small and mid-size markets. These aircraft will take off and land on-property at UPS facilities in a whisper-quiet fashion, reducing time-in-transit, vehicle emissions, and operating cost. The BETA aircraft’s 1,400-pound cargo capacity is...

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Pipistrel has selected Honeywell’s next-generation Attitude Heading Reference System and Air Data Module for its Nuuva V300 cargo unmanned aerial vehicle (UAV). The technologies provide critical navigation and motion-sensing data and will work in tandem with Honeywell’s Compact Fly-By-Wire system onboard the aircraft. As described by Honeywell, “if the fly-by-wire system operates as the ‘brain’ of an aircraft’s flight controls,...

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Korea’s Ministry of Land, Infrastructure and Transport recently released the latest version of its urban air mobility (UAM) roadmap, which now includes the addition of commercialization plans. The document outlines the country’s roll-out plan for aerial mobility services over the next few decades. The new roadmap document divides the market’s timeline into three phases: 2025 to 2029, 2030 to 2034,...

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Wisk, the aerospace company currently developing the eVTOL aircraft called the Cora, has proceeded with a “Transport Trial” to advance autonomous flight in New Zealand. In addition, Wisk will be integrating Insitu Pacific Pty Ltd, an unmanned aerial systems developer and Boeing subsidiary into their program. Integrating Insitu into the Transport Trial will allow Wisk to use Boeing’s expertise and...

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Lilium has officially announced its intention to list on Nasdaq through a merger with Qell Acquisition Corp., a transaction that values the combined company at approximately $3.3 billion pro forma equity value at the $10.00 per share PIPE price. Simultaneously, the company revealed the development of its 7-Seater electric vertical take-off and landing jet, which employs proprietary Ducted Electric Vectored...

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