Civil aerospace news and insights from Forecast International
Archer Aviation and Soracle Corporation, a joint venture newly established by Japan Airlines and Sumitomo Corporation, signed agreements to bring advanced air mobility (AAM) services to Japan. Soracle plans to …
Archer’s Midnight Aircraft to Power Soracle’s Japanese Air Taxi Service Read More
In late October 2023, Indian UAM startup BluJ Aerospace conducted a successful test flight of its prototype Reach unmanned eVTOL cargo platform at an airfield outside the company’s home …
UAM Snapshot – BluJ Aerospace Reach Read More
Vermont-based eVTOL startup Beta Technologies has garnered a $318.0 million windfall in Series C equity capital from leading investors. The company announced on October 31st that the Qatar Investment Authority …
Beta Technologies Secures $318.0 Million Investment Windfall Read More
The advanced air mobility segment’s path towards industrial and commercial maturation has cleared a major milestone with the U.S Federal Aviation Administration’s (FAA) formal release of its Integration of Powered-Lift: …
FAA Powered Lift Final Rule Refines Regulatory Space Read More
Over the course of the past several years, German eVTOL startup Lilium Jet had seemingly secured its place amongst the premier contenders within the burgeoning UAM market. As recently as …
Lilium Jet Files for Insolvency Read More
One month after announcing that its flagship Cavorite X7 eVTOL would transition to full-scale prototype development by the close of the current year, Canadian startup Horizon Aircraft has continued to …
UAM Snapshot – Horizon Aircraft Cavorite X7 Read More
The coming two years are poised to be fecund with major milestones for the burgeoning eVTOL segment, with numerous industry players poised to initiate flight testing for their flagship platforms …
Textron Partners with Salina Airport for Nexus Flight Tests Read More
Toyota Motor Corp plans to invest an additional $500 million in California-based electric air taxi developer Joby Aviation Inc. The funds would be used to support certification and commercial production …
Toyota to Make Additional Investment in Joby Aviation Read More
German eVTOL startup Lilium Jet has announced that the production model of its flagship platform has successfully cleared its first all systems power-on test, a critical threshold that opens the …
Lilium Jet Clears Power-On Milestone Read More
United Kingdom-based startup Vertical Aerospace has announced the a prototype of thecompany’s flagship VX4 UAM platform has successfully cleared its first phase of piloted testing. Phase 1 of the VX4’s …
Vertical VX4 Clears Phase 1 of Piloted Testing Read More