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Category: Operators

Lilium Looking To Raise Up To $500 Million

13 October 2019 || 4 min read

The company is in talks with investors for potentially their largest funding round to date The German startup is currently looking to bring up their financial position with a large jump. According to sources close to Lilium, the company has been talking with their investors to raise nearly half a billion dollars in their next round of funding; an investment...

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UPS now operates the first official drone airline with a full Part-135 FAA certification. UPS, which operates 564 owned and leased traditional airplanes, has long been in the business of delivering parcels as well as heavy cargo, and now plans to use drone technologies to expand its scope. The company plans to announce strategic partnerships with drone makers, designers of...

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The initiative will support critical organ movement for patients in need of transplants. BLADE Urban Air Mobility, Inc. (“BLADE”) has announced a partnership with NYU Langone Health to arrange on-demand helicopter transportation for NYU Langone Transplant Institute teams and donor organs. Expeditious transportation is critical for organ transplantation; for every hour an organ is outside of the human body, surgical...

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The spaceflight company sees a natural expansion to the aerial mobility industry in its future.  Sir Richard Branson’s spaceflight company, Virgin Galactic, is currently developing commercial spacecraft with which it aims to provide suborbital spaceflights to tourists and suborbital launches for science missions. Virgin Galactic plans to provide orbital human spaceflights as well. As the company branches out from its...

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Uber Air Stands Up First Flying Taxi Test Site

20 September 2019 || 4 min read

Frisco, Texas is the home of Uber’s first test site for its eVTOL aircraft. Dallas has long been in Uber’s plans as one of the launch cities for its urban air mobility (UAM) initiative, and the company has recently completed the construction of a helipad site at Frisco Station near The Star and along the Dallas North Tollway. An important feature...

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Uber has provided details on bringing air taxi services to Melbourne. Announced earlier this year, Melbourne will be the third official city in the company’s pilot program and the first of its kind outside of the United States. Uber has begun to collect data on how people move about the city and which routes they would most likely take. This information...

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Uber welcomes eVTOL aircraft developers to partner in its Uber Air ride-share air-taxi service. The company has already selected six partners, but at this week’s Global Urban Air Summit (GUAS) at Farnborough International, Uber said more could be added. According to Uber’s Advanced Technology Research Center Director, François Sillion, “we don’t think any one company will win and there could...

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Bye Aerospace announced a signed purchase agreement from Quantum Air for 22 of its all-electric four-seat eFlyer 4s and 2 two-seat eFlyer 2 airplanes, as well as two future advanced aircraft currently under development from Bye. Quantum Air is a Los Angeles-based air taxi operator founded by Tony Thompson. The startup is building a fleet of electric aircraft to disrupt and fundamentally...

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Just this week, Northern California-based startup ZeroAvia joined the likes of Ampaire by operating one of the world’s largest zero-emission aircraft flying without any fossil fuel support. ZeroAvia has exited stealth mode and revealed its design of the hydrogen-fueled electric powertrain inside the plane, which the company has been testing over the past year. While the test flight was actually flown on...

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This week, new details emerged about Uber’s plan to potentially bring 3,000 jobs to the Dallas area by 2025 (2,500 by 2023). Dallas city council members approved an economic incentive package which includes $746,000 from a tax abatement over a five year period and up to $8.6M in economic grants. Uber’s $110M investment would make Dallas the company’s largest employment...

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Summary The reasons electric aircraft make a lot of sense. The electric aircraft sector – the number of electric aircraft in development increased by roughly 50% over the past year to 170. Roland Berger: “All indications suggest that we may be on the cusp of a revolution in the aerospace and aviation industries.” Companies that are leading the electric plane...

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JetSuiteX Air is planning to rebrand itself as JSX Air, as revealed by a filing with the US Department of Transportation (DOT). Delux Public Charter, LLC, which does business under the name of JetSuiteX Air, applied to the DOT to register its new trade name “JSX Air” for use in certain of its air transportation operations. JetSuiteX Air offers regular public charter flights...

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Detroit City Airport, home of Airspace Experience Technologies (ASX), is a dilapidated plot of land; however, Jon Rimanelli swears he sees the future of mobility taking off from its cracked and overgrown tarmack in a few years’ time. “Look, there’s 760 million passengers that enplane at the nation’s top 50 airports every year, and there’s like 13,000 airports that are...

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Pegasus Universal Aerospace, the company behind the Pegasus Vertical Business Jet (VBJ), has appointed Robbie Irons as its new CEO. The Pegasus Vertical business Jet may appear to be a traditional private jet, but features two vertical lift fans integrated into each wing for vertical landing and take off. The company is based in South Africa, and is currently working...

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Karem Aircraft has raised $25 million in its Series A to develop the Butterfly Air Taxi. Selected by Uber last year for the UberAIR Initiative, Karem’s new venture is entirely focused on bringing its air taxi to market as soon as possible.  The latest funding round was led by Korean defense technology company Hanwha Systems, which recently placed a $25...

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