Civil aerospace news and insights from Forecast International
A week after Lilium was narrowly saved from closure by a last-minute investment agreement, German UAM startup Volocopter has announced that it too has entered insolvency proceedings and is seeking …
Volocopter Files For Insolvency Read More
Two months after its insolvency filing shocked the AAM space, executives from German eVTOL startup Lilium have announced that the brand and its flagship platform concepts will live on thanks …
Lilium Rescued by New Investment Read More
On December 19th, American eVTOL startup Archer Aviation announced the official receipt of occupancy certification for the company’s Covington, Georgia based high-volume manufacturing facility. Designated the ARC, Archer envisions the …
Archer Attains Occupancy Certification for High Volume Production Facility Read More
Major Chicago-based rotorcraft operator and lessor Helicopters Inc. has signed a Letter of Intent (LOI) to acquire 50 eVTOL aircraft from Embraer’s UAM flagship subsidiary, Eve Air Mobility. The new …
Chicago’s Helicopters Inc. Signs LOI with Eve Air Mobility Read More
On December 4th, Florida-based AAM operator UrbanLink announced prospective plans to acquire 20 Integrity series eVTOL platforms from the Spanish startup CRISALION Mobility with eyes towards growing its future fleet …
UAM Snapshot – CRISALION Mobility Integrity Read More
For UK-based AAM startup Skyfly Technologies, the closing days of November have been marked by a series of major announcements that are indicative of the accelerating developmental maturation of the …
UAM Snapshot – Skyfly Technologies Axe 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