Category: Events

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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TransportUP has partnered with CoMotion again for its Miami LIVE conference coming June 16-17 both in person and streaming worldwide. The conference combines minds from the urban air mobility, autonomous/electric vehicles, and smart infrastructure/rideshare segments to share in a vision for the future of transportation. Due to the COVID-19 pandemic, last year’s events were completely virtual, but with increased vaccinations...

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Electric VTOL aircraft startup Beta Technologies is now valued at $1.4 billion after closing a $368 million funding round led by Fidelity and Amazon’s Climate Fund. The Vermont-based company has said that proceeds will be used to refine its electric propulsion systems and controls as well as the construction of manufacturing facilities, while continuing to advance toward Federal Aviation Administration...

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Sabrewing Aircraft plans to perform the first flight of its Rhaegal unmanned heavy-lift, long-range half-scale prototype aircraft by the end of March, says Ed De Reyes, Sabrewing chairman and CEO, according to a recent publication by Janes.  This half-scale prototype has an 8.5 m wingspan, and will be roughly half the weight of the full-size production aircraft. The full-scale Rhaegal...

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Volocopter has just announced the signing of their Series D funding round, which successfully amassed €200 million in additional capital. According to the company, the funds will be used to “solidify [its] leading position in the UAM market by bringing the VoloCity, the battery-powered air taxi for cities, to certification and by accelerating the launch of its first commercial routes.”...

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Today EHang announced that it has successfully completed the first trial flights of its EH216 over the sea of Southern China; the autonomous aerial vehicle (AAV) took off from Hengqin New District and landed at Dong Ao Island in Zhuhai City. Earlier this week, the company also announced the completion of unmanned test flights in Beijing, marking the first time...

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LinkedIn founder Reid Hoffman and Zynga founder Mark Pincus are nearing a deal that would merge their blank check company with Joby Aviation, a move that would value Joby Aviation at $5.7 billion USD. Reinvent Technology Partners, Hoffman and Pincus’ special purpose acquisition company which recently raised $690 million USD in a public listing in 2020, is now finalizing financing...

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With the sudden unexpected onset of the COVID-19 pandemic, the future of the aerial mobility sector was very much in question during early mid-2020. According to a recent article from AIN Online, with the start of a new year, while the general fallout from the pandemic did hinder some progress from smaller aerial mobility companies, several notable aerial mobility firms...

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Vertical Aerospace has announced the appointment of Richard Alexander as its Head of Flight Physics to help Vertical move towards their vision of electric fight for everyone. Alexander was formerly Chief Flight Dynamics Integrator on the Mitsubishi M100 Regional Jet and Head of Flight Sciences at Bombardier Aerospace; now he will assume a key role in ensuring that the Flight Physics aspects, including noise,...

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BETA Technologies and Joby Aviation are planning to hold a ceremony to commemorate the groundbreaking of an “advanced urban air mobility technology simulator” facility at Ohio’s Springfield-Beckley Municipal Airport. Designed by the two pioneering eVTOL startups themselves, the facility will accelerate the Air Force’s deepening exploration of the vehicles, a project called “Agility Prime.” Custom graphic from the launch event of...

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TransportUP Partners with CoMotion LA 2020

07 November 2020 || 3 min read

TransportUP has partnered with CoMotion LA in anticipation of their annual event showcasing prominent figures and companies in the aerial mobility space. This year, the conference will be streamed online due to the ongoing COVID-19 pandemic, but will feature no shortage of speakers and sessions for those interested in learning about the future of urban mobility. “This year’s CoMotion LA...

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Transportation, research, and government-based partners in Canada have created a Vancouver-based consortium to accelerate the implementation of electric and hydrogen powered vertical takeoff flight in Canada. The future of flight in Canada has taken a major step forward with the launch of the Vancouver-based Canadian Advanced Air Mobility Consortium (CAAM), a multi-stakeholder group that will streamline research, development and commercial...

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Jaunt Air Mobility Appoints Martin Peryea as CEO

11 October 2020 || 3 min read

Jaunt Air Mobility announced on October 5th, 2020, that their board would be elevating former Chief Technical Officer Martin Peryea as Jaunt’s interim CEO. The press release cited that the change in leadership was made for the sake of the development of the Jaunt Journey aircraft. According to Peryea, who held over 33 of engineering experience at Bell Helicopters, “On...

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Chinese EV maker XPeng has displayed a prototype of its single-seat flying car at the 2020 Beijing International Automotive Exhibition, showing off eight propellers and a capsule-like frame. According to XPeng Motors, “electrically driven urban air-enabled multi-dimensional transport will be an integral part of the future mobility ecosystem. Xpeng is exploring this area in the course of its development of fully...

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The race will demonstrate the latest advancements in the Airspeeder’s hovering and maneuvering technology, and hopefully boost tourism to Coober Pedy, which has seen visitor numbers plunge during the COVID-19 pandemic. To many it may sound futuristic, but international startup Alauda Racing says it will host a full-scale flying car race in remote South Australia before the end of the year....

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