All posts by Ian Shin

ABB E-mobility has been confirmed to be the provider for the charging infrastructure for Lilium’s eVTOL aerial mobility network. With this agreement, ABB will provide development, testing, and supply services for the MegaWatt fast charging systems that will be used in Lilium’s network. In addition, the ABB charging points will be designed to be capable of bringing batteries to full...

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Archer Aviation Goes Public on NYSE

19 September 2021 || 4 min read

Archer Aviation has now become the third air taxi company to be listed publicly since August 2021 after successfully completing a merger with Atlas Crest Investment Corp, a SPAC. Archer now can be found in the New York Stock Exchange under the ticker symbol ACHR. According to Brett Adcock, co-founder and co-CEO of Archer, “Completing our go-public transaction and having...

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Samad Aerospace continues to display progress of their E-Starling eVTOL aircraft, with its VTOL operations now having been announced to be fully functional. As of now, Samad’s development has been centered around their half-scale prototypes of the E-Starling, which has undergone various flight testing. While conventional flight was displayed back in March 2021, Samad Aerospace’s development has taken another step...

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HyPoint and Piasecki Aircraft have agreed to partner for the development of a hydrogen fuel cell system for eVTOL aircraft, which could provide four times the energy density of existing batteries, twice the power of existing hydrogen fuel cell systems, and a 50% reduction in operating costs. According to Alex Ivanenko, founder and CEO of HyPoint, “The much-anticipated arrival of...

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Eve Urban Air Mobility, a subsidiary of Embraer, has agreed to provide 100 of its eVTOL platforms to aviation taxi platform Ascent, to be used in Melbourne, Manila, Singapore, and Tokyo as soon as 2026. According to Andre Stein, president and CEO of Eve, “Ascent is one of the greatest players of Urban Air Mobility in the Asia-Pacific and its strong...

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Overair Debuts Butterfly eVTOL Design

15 August 2021 || 5 min read

Overair has recently released new details about their new electric VTOL air taxi, dubbed the Butterfly. Built to withstand rough weather conditions, the 6-seater aircraft will have a range of 100 miles and a top speed of 200 mph. In addition, the Butterfly will be all electric and have zero carbon emissions. The key feature of the Butterfly’s design is...

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Elroy Air Raises $40M Series A Funding Round

08 August 2021 || 3 min read

Elroy Air has successfully raised $40 million USD in its Series A funding round, for a total of $48 million to date, in order to continue building, testing and validation of Elroy’s autonomous cargo drone. The funding round saw financial support from Lockheed Martin’s venture capital arm, Marlinspike Capital, and Prosperity7, in addition to financing from existing investors Catapult Ventures,...

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PteroDynamics is currently developing an eVTOL aircraft design based on a very unique concept. Called the Transwing eVTOL, PteroDynamics’ aircraft incorporates a patented folding wing design, where propellers on propulsion pods are distributed down a set of wings that can fold back on dihedral pivot points along the wing. The folding mechanism is controlled by control rods attached to actuators...

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Jetpack Aviation’s prototype model of the Speeder, a jet turbine powered flying motorcycle, has successfully completed its first flight test. The flight test consisted of a hover test over tarmac while attached to a tether. Following the success of this flight test, which confirmed the Speeder’s base capabilities, Jetpack Aviation expects to follow up with more intensive flight tests by...

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Beta Technologies successfully accomplished a 205 mile test flight with their Alia eVTOL aircraft, marking its longest flight so far. The Alia was operating in CTOL, aka conventional takeoff and landing mode, using only three out of five battery packs. During the 2 hour flight, the Alia reached a maximum speed of 122 mph, about 70% of Beta’s target cruising commercial...

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Qarbon Aerospace has agreed with LIFT Aircraft to perform the system integration and assembly of LIFT’s HEXA eVTOL flying car at Qarbon’s Red Oak Facility. Additionally, Qarbon will secure supply chain sourcing as well for the HEXA, making the company the end-to-end manufacturer for LIFT’s flying car.  According to Qarbon’s CEO Pete Wick, “This integration and assembly work expands upon...

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Archer Reveals Maker eVTOL Air Taxi

20 June 2021 || 4 min read

California-based Archer Aviation has debuted its inaugural eVTOL air taxi, the Maker. The Maker is set to begin production in 2022, where United Airlines will be one of their first commercial customers. Revealed at a global livestream from Los Angeles, the Maker serves as Archer’s demonstrator prototype aircraft and will serve as the final testbed before commercial production begins.  The...

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Vertical Aerospace has announced its plans to go public through a merger with Broadstone Acquisition Corp (BSN) that will give Vertical Aerospace a pro forma equity valuation of $2.2 billion USD. Expected to go through in either the third or fourth quarter of 2021, Vertical will enter the New York Stock Exchange using the ticker EVTL. Additional contributors to the...

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Aerospace company Astro has finalized their acquisition of Horizon Aircraft, the manufacturer of the Cavorite X5, an electrical vertical takeoff and landing (eVTOL) vehicle. Following the acquisition, Astro now has three eVTOL models in their fleet: the Cavorite X5 joins Astro’s own Alta and Elroy aircraft. Currently in development, all three eVTOL aircraft will be highly modular, allowing for different...

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Blade Urban Mobility Inc. and magniX have partnered to integrate magniX’s Electric Propulsion Units into Lima’s Blade-branded fleet of Cessna Caravans, an amphibious aircraft used by Blade in their aerial mobility routes. The integration is expected to be finished by early 2023, where each all-electric Caravan will operate in zero-emissions while maintaining the current performance standards for the Caravan, and...

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