Formula 1 and electric vehicle equipment expert, Motion Applied, chosen to develop the Cavorite X7's motor drive inverter and to be a key partner through the aircraft's certification process TORONTO, ONTARIO / ACCESS Newswire / December 4, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and... Read more
Successfully Listed as a Public Company on NYSE Formed Strategic Partnership with GE Aerospace Including $300M Equity Investment Received FAA Part 35 Type Certification for Hartzell Propeller SOUTH BURLINGTON, Vt. / Dec 04, 2025 / Business Wire / BETA Technologies, Inc. (NYSE: BETA) (“BETA” or the “Company”), an electric aerospace company, leading in the development and commercialization of electric aircraft,... Read more
Archer’s air taxi network would connect Miami, West Palm Beach, Boca Raton and Fort Lauderdale, with safe, low-noise electric air taxi flights dramatically reducing travel times compared to traditional ground transportation and helping avoid the region's notorious traffic Related Ross and Dragon Global’s Magic City Innovation District are also partnering... Read more
MELBOURNE, Fla., and S. BURLINGTON, Vt., Dec. 2, 2025 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX), (NYSE: EVEXW) has selected BETA Technologies ("BETA") (NYSE: BETA) to supply electric pusher motors for its conforming prototypes and production aircraft. With a current backlog of 2,800 eVTOLs, Eve is strengthening its supply chain through this collaboration. The agreement represents a potential... Read more
Integral to Archer’s strategic partnership with Anduril is the goal of delivering an autonomous, hybrid propulsion, vertical take-off and landing aircraft that can help modernize the U.S. and its allies’ vertical lift capabilities. The strategic alliance with Karem gives Archer exclusive access to the key aspects of Karem’s pioneering tiltrotor technology, which has been validated by the U.S. Army, to accelerate... Read more
BANGKOK, Nov. 25, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or "the Company"), a global leader in advanced air mobility (“AAM”) technology, today announced the successful launch of an urban human-carrying flight event in Bangkok with the Civil Aviation Authority of Thailand (CAAT) and local partners, under the AAM Sandbox Initiative. Air Chief Marshal Manat Chavanaprayoon, Director... Read more
The Helicopter Company (THC), a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), selected leading eVTOL OEM Archer to bring their Midnight air taxi to the Kingdom of Saudi Arabia in partnership with leading Gigaproject, Red Sea Global (RSG) The collaboration establishes a “sandbox framework” to validate and accelerate next-generation Advanced Air... Read more
Partnership signed with Red Sea Global and The Helicopter Company plans for Joby to complete pre-commercial evaluation flights in the Kingdom next year, in preparation for the future deployment of air taxis in Saudi Arabia Builds on recent agreement with GACA to collaborate on the Kingdom’s air taxi regulatory framework Marks Joby’s continued expansion across the Middle East and Central Asia, following new... Read more
ENGLEWOOD, Colo., Nov. 19, 2025 /PRNewswire/ -- XTI Aerospace, Inc. ("XTI" or the "Company") [NASDAQ: XTIA], the developer of vertical flight technologies and the TriFan 600 next-generation vertical takeoff and landing (VTOL) aircraft for commercial and defense aerospace applications and the emerging Vertical EconomyÔ, today announced the filing of its Quarterly Report on Form 10-Q for the quarterly period ended... Read more
The agreement marks the first time Archer will make its proprietary, dual use advanced powertrain technology, currently in use on its Midnight eVTOL aircraft, available to a third party, introducing a new revenue stream. Deal underscores the potential value of Archer’s core technology, further highlighting the importance of Archer’s strategic decision to vertically integrate its design and manufacturing of the... Read more
DOHA, Qatar, Nov. 17, 2025 (GLOBE NEWSWIRE) -- EHang (Nasdaq: EH), the world’s leading Advanced Air Mobility (AAM) technology platform company, announced the successful completion of a landmark series of trial air taxi flights, including point-to-point and human-carrying flights, with its EH216-S pilotless electric vertical takeoff and landing (eVTOL) aircraft in the core district of Doha, Qatar. Conducted in close... Read more
Major new policy consultation reinforces the UK’s leadership in advanced air mobility Clear framework aligned to Vertical’s 2028 market entry timeline Vertical’s Chief Engineer David King spoke on the CAA’s “On Air” podcast about how partnership with regulators drives safe eVTOL certification Vertical has received its Permit to Fly from the CAA and commenced ‘Phase 4 – Transition’ flight testing LONDON &... Read more
Demonstrator aircraft integrates hybrid turbine into Joby’s proven electric aircraft platform Aircraft flew just three months after announcement of hybrid concept, demonstrating value of vertical integration and the velocity of dual-use technology development Joby and L3Harris remain on track to begin flying government mission demonstrations using the aircraft in 2026 SANTA CRUZ, Calif. / Nov 13, 2025 /... Read more
As part of Archer’s ongoing Launch Edition program, the company completed an in-country flight test campaign, showcasing Midnight’s full eVTOL flight envelope – including vertical takeoff, transition, and wingborne flight – in the UAE’s local operating environment and over desert areas. Video of Archer’s recent in-country flight test activities at Al Ain Airport in the UAE can be viewed here. Archer has now begun... Read more
Major milestone as VX4 enters piloted transition testing Testing underpins Vertical’s robust flight test programme with the UK Civil Aviation Authority (CAA) Vertical remains on track to complete transition testing by the end of 2025 LONDON & NEW YORK / Nov 13, 2025 / Business Wire / Vertical Aerospace (NYSE: EVTL) (“Vertical” or “the Company”), a global aerospace and technology company that is pioneering... Read more
Third Quarter Revenue of $29.2 Million, Exceeding Guidance Range of $27 - $28.5 Million Third Quarter Adjusted EBITDA Loss of $9.9 Million, Meeting Guidance Range of $10 - $8.5 Million Loss Achieved Second Consecutive Quarter of Profitability in Airline Operations Company Entered into a Five-Year Agreement with Palantir, Expanding Relationship to Include Exclusivity for the Part 135 Regional Air Mobility... Read more
GACA to align with FAA certification standards to develop streamlined regulatory pathways for air taxi service in the Kingdom Agreement advances Saudi Kingdom's Vision 2030 goals to modernize economy and infrastructure Builds on Joby’s agreement with Abdul Latif Jameel to explore delivery of up to 200 of its aircraft in Saudi Arabia SANTA CRUZ, Calif. & RIYADH, Saudi Arabia / Nov 12, 2025 / Business Wire /... Read more
Drone Nerds considered by OEMs to be among the largest U.S. based drone distributors Unusual Machines leading supplier to drone industry ENGLEWOOD, Colo., Nov. 12, 2025 /PRNewswire/ -- XTI Aerospace, Inc. ("XTI" or the "Company") [NASDAQ: XTIA], the developer of vertical flight technologies and the TriFan 600 next-generation vertical takeoff and landing (VTOL) aircraft for commercial and defense aerospace... Read more
$74 million zero-coupon convertible note purchased by an institutional investor with 20% conversion premium to refinance existing debt $20 million of new common equity and warrants purchased at Friday’s closing price of $3.32 by an institutional investor ($10 million) and Surf Air Mobility Co-founder together with a related party ($10 million) to drive commercialization of SurfOS $6 million of new common equity... Read more
Agreement with Alatau Advance Air Group covers sale of aircraft and services to establish Kazakhstan’s first air taxi service Republic of Kazakhstan’s Ministry of AI and Digital Development commits to delivering regulatory and infrastructure support required to establish air taxi services Deal includes collaboration on access to critical materials required for manufacturing Joby’s aircraft Agreement positions... Read more
Archer Announces Third Quarter Results, Highlighting Additional $650M in Fundraising, Recent Record Flight Test Milestones, Closing of Lilium Patent Portfolio Acquisition & Continued Strong Global Demand Signed definitive agreements to acquire control of one-of-a-kind aviation asset in LA, Hawthorne Airport, for $126M* in cash. The airport is located in the heart of the City, less than three miles from LAX,... Read more
Horizon Aircraft hosted Brigadier General Brendan Cook, RCAF Director General Space, Combat and Support, for a briefing on the Cavorite X7 and its potential Defence applications LINDSAY, ONTARIO / ACCESS Newswire / November 6, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one... Read more
Japan Airlines-led consortium, which features Archer’s Midnight as the intended aircraft, is selected by the Tokyo Metropolitan Government to participate in the first phase of the “eVTOL Implementation Project” in Tokyo. As part of the project, Archer will work alongside Japan Airlines, Sumitomo Corporation and their JV operating company, Soracle, to build... Read more
Milestone marks key moment in Joby’s path to commercialization Testing lays groundwork for FAA pilots to fly Joby aircraft Flight testing expected to begin in 2025 SANTA CRUZ, Calif. / Nov 05, 2025 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced that it has begun power-on testing of the first of several... Read more
SANTA CRUZ, Calif. / Nov 05, 2025 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today issued its Third Quarter 2025 Shareholder Letter detailing the company’s operational and financial results for the quarter ending September 30, 2025. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT... Read more
Vertical will imminently enter piloted transition flight test phase First look at new certification aircraft’s leading cabin size and comfort Board strengthened with appointment of former EASA Director General, Patrick Ky to the Company’s Board of Directors Q3 2025 Business & Strategy Update call today at 08:30 am ET (13:30 GMT) LONDON & NEW YORK / Nov 04, 2025 / Business Wire / Vertical Aerospace... Read more
Vertical will imminently enter piloted transition flight test phase First look at new certification aircraft’s leading cabin size and comfort Board strengthened with appointment of former EASA Director General, Patrick Ky to the Company’s Board of Directors Q3 2025 Business & Strategy Update call today at 08:30 am ET (13:30 GMT) LONDON & NEW YORK / Nov 04, 2025 / Business Wire / Vertical Aerospace... Read more
Framework Agreement with Bahrain's Ministry of Transportation and Telecommunications reinforces Eve's commitment to sustainable air mobility and positions the Kingdom as a regional hub for eVTOL innovation. MANAMA, Bahrain, Nov. 3, 2025 /PRNewswire/ -- Eve Air Mobility ("Eve") (NYSE: EVEX, EVEXW; B3: EVEB31) announced a landmark Framework Agreement... Read more
Historic milestone in scaling aircraft production ahead of commercial service Leverages Dayton's workforce, supplier network and aerospace roots to create propeller blade manufacturing hub for Joby Builds capacity to support certification programs and future operational growth SANTA CRUZ, Calif. / Oct 31, 2025 / Business Wire / Joby Aviation (NYSE:JOBY), a company developing electric air taxis for commercial... Read more
Collaboration accelerates development of certified aerospace autonomy capabilities for safety and performance SANTA CRUZ, Calif. / Oct 28, 2025 / Business Wire / Joby Aviation, Inc. (NYSE:JOBY) today announced a collaboration with NVIDIA, marked by NVIDIA’s selection of Joby as the only aviation launch partner for the new NVIDIA IGX Thor platform. Powered... Read more
AI, advanced materials and mesh intelligence for aerospace ENGLEWOOD, Colo. and DALLAS and AUSTIN, Texas, Oct. 27, 2025 /PRNewswire/ -- XTI Aerospace, Inc. ("XTI" or the "Company") [NASDAQ: XTIA], advancing scalable vertical flight technologies, and Valkyrie Sciences ("Valkyrie"), a leader in enterprise solutions by the integration of artificial intelligence and advanced materials, announced the Vanguard... Read more
Project CRYSTAL aims to develop a safe, all-weather eVTOL propulsion system that can fly in conditions that most helicopters can't TORONTO, ONTARIO / ACCESS Newswire / October 24, 2025 / New Horizon Aircraft (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one the world's first hybrid eVTOL (electric Vertical... Read more
SEOUL, South Korea / Oct 21, 2025 / Business Wire / AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in all-domain unmanned systems, today announced the signing of a Memorandum of Understanding (MOU) that positions Korean Air as its priority partner in the Republic of Korea. This alliance will focus on integrating and adapting AV’s JUMP® 20 Group 3 vertical takeoff and landing (VTOL), fixed-wing uncrewed... Read more
Includes the potential for Korean Air to purchase up to 100 Midnight aircraft, to be deployed across multiple use cases Korean Air and Archer will work towards jointly commercializing Archer’s Midnight eVTOL aircraft to address multiple national priorities across Korea In 2022, Korea’s Ministry of Land, Infrastructure, and Transport announced eVTOL and urban air mobility adoption as a priority for the Korean... Read more
BANGKOK, Oct. 15, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or "the Company"), a global leader in advanced air mobility (“AAM”) technology, today announced that the launch of an AAM Sandbox Initiative (the “Initiative”) in Thailand, in collaboration with the Civil Aviation Authority of Thailand (“CAAT”) and local partners. The Initiative aims to fast-track the future commercial... Read more
Lilium was founded in 2015 and spent over $1.5B developing advanced technologies related to electric vertical takeoff and landing (eVTOL) aircraft The Lilium patent portfolio is made up of key innovations in eVTOL technology, including ducted fans, propeller systems, high-voltage systems, battery management, aircraft design, flight controls, and electric engines Acquisition bolsters Archer’s rapidly growing... Read more
The signed purchase agreement for the world-leading engine is a major step toward producing a hybrid eVTOL that will go faster, farther, and be the most efficient in the industry TORONTO, ONTARIO / ACCESS Newswire / October 14, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one... Read more
HEFEI, China, Oct. 13, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), a global leader in advanced air mobility (AAM) technology, today announced the launch of its new-generation long-range pilotless electric vertical take-off and landing (eVTOL) aircraft, the "VT35”. Building on the foundation of the earlier VT30... Read more
VAPOR CLE adds autonomy, reduces size and weight, increases flight duration and payload flexibility ARLINGTON, Va. / Oct 13, 2025 / Business Wire / AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in all-domain defense systems, today announced the release of its newest all-electric vertical takeoff and landing (VTOL) platform–the VAPOR Compact Long Endurance (CLE) unmanned aircraft system... Read more
TORONTO, ONTARIO / ACCESS Newswire / October 10, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering company and developer of one the world's first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft, is pleased to announce its first quarter fiscal 2026 results for the three months ended August 31,... Read more
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