Civil aerospace news and insights from Forecast International
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
Anduril and Archer have announced a strategic partnership to jointly develop a hybrid Vertical Takeoff and Landing (VTOL) aircraft for defense applications. The two companies aim to target a potential …
Anduril and Archer Join Forces to Develop Hybrid VTOL Aircraft for Defense 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
Electra.aero, Inc. recently unveiled the design of its EL9, a nine-passenger hybrid-electric aircraft. This piloted aircraft utilizes electric and turbine power for takeoff and flight, aiming to be a sustainable …
Electra Unveils EL9 Hybrid-Electric Aircraft Read More
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