Showing 1 to 11 of 11 results
eVTOL Market Soars: $11 Billion Projected by 2034
The global eVTOL market, valued at $772 million in 2024, is projected to reach over $11 billion by 2034, driven by urbanization and demand for sustainable transport; the sector includes passenger transport, delivery, and emergency medical services, but faces regulatory, infrastructural, and public a...
eVTOL Market Soars: $11 Billion Projected by 2034
The global eVTOL market, valued at $772 million in 2024, is projected to reach over $11 billion by 2034, driven by urbanization and demand for sustainable transport; the sector includes passenger transport, delivery, and emergency medical services, but faces regulatory, infrastructural, and public a...
Progress
44% Bias Score
Denmark's First All-Electric Flight Marks Milestone in Sustainable Aviation
Beta Technologies' electric plane, ALIA CTOL, completed Denmark's first all-electric flight, a 200-kilometer journey between Sønderborg and Copenhagen airports, showcasing a potential solution for sustainable aviation and highlighting the need for charging infrastructure development.
Denmark's First All-Electric Flight Marks Milestone in Sustainable Aviation
Beta Technologies' electric plane, ALIA CTOL, completed Denmark's first all-electric flight, a 200-kilometer journey between Sønderborg and Copenhagen airports, showcasing a potential solution for sustainable aviation and highlighting the need for charging infrastructure development.
Progress
48% Bias Score
ZeroAvia to Build £79.5m Hydrogen Fuel Cell Facility in Scotland
ZeroAvia will build a hydrogen fuel cell manufacturing facility near Glasgow Airport by 2028, creating 350 jobs, backed by £79.5 million in UK and Scottish government funding to help decarbonize the aviation industry.
ZeroAvia to Build £79.5m Hydrogen Fuel Cell Facility in Scotland
ZeroAvia will build a hydrogen fuel cell manufacturing facility near Glasgow Airport by 2028, creating 350 jobs, backed by £79.5 million in UK and Scottish government funding to help decarbonize the aviation industry.
Progress
40% Bias Score
Lilium Aerospace Files for Insolvency Again, Halting Electric Jet Development
Lilium Aerospace, a German electric aircraft manufacturer, filed for insolvency for a second time on Friday due to the non-delivery of promised €200 million in funding from investors, ending the development of its electric jet and resulting in the loss of 750 jobs.
Lilium Aerospace Files for Insolvency Again, Halting Electric Jet Development
Lilium Aerospace, a German electric aircraft manufacturer, filed for insolvency for a second time on Friday due to the non-delivery of promised €200 million in funding from investors, ending the development of its electric jet and resulting in the loss of 750 jobs.
Progress
40% Bias Score
€200 Million Lilium Rescue Faces Delays, Timeline Uncertain
Mobile Uplift Corporation plans to invest over €200 million in Lilium, with the deal expected to close in Q1 2024, facing potential delays due to required approvals and risks to employee and supplier retention, impacting the Lilium Jet's development timeline.
€200 Million Lilium Rescue Faces Delays, Timeline Uncertain
Mobile Uplift Corporation plans to invest over €200 million in Lilium, with the deal expected to close in Q1 2024, facing potential delays due to required approvals and risks to employee and supplier retention, impacting the Lilium Jet's development timeline.
Progress
40% Bias Score
Lilium Secures Last-Minute Rescue Deal After Insolvency Filing
Facing high R&D costs and a worsening investment climate, Lilium, a German electric aircraft startup, filed for insolvency in October 2023, laying off almost all employees before securing a last-minute rescue deal with a consortium of strategic investors in November 2023.
Lilium Secures Last-Minute Rescue Deal After Insolvency Filing
Facing high R&D costs and a worsening investment climate, Lilium, a German electric aircraft startup, filed for insolvency in October 2023, laying off almost all employees before securing a last-minute rescue deal with a consortium of strategic investors in November 2023.
Progress
40% Bias Score
China's eVTOL Makes First Offshore Cargo Delivery
China's domestically developed 2-metric-ton eVTOL aircraft, CarryAll, completed the world's first cargo flight to an offshore oil platform, reducing transport time from 10 hours to 58 minutes for a 150-kilometer journey, showcasing the potential of low-altitude aviation in ocean-based industries.
China's eVTOL Makes First Offshore Cargo Delivery
China's domestically developed 2-metric-ton eVTOL aircraft, CarryAll, completed the world's first cargo flight to an offshore oil platform, reducing transport time from 10 hours to 58 minutes for a 150-kilometer journey, showcasing the potential of low-altitude aviation in ocean-based industries.
Progress
40% Bias Score
Chinese eVTOL Makers Eye 2030 Commercial Flights
Chinese eVTOL manufacturers, including Vertaxi, Zero Gravity Aircraft Industry, and Aerofugia, are exhibiting their aircraft at Beijing's aviation exhibition, with plans to launch commercial flights by 2030; Aerofugia already secured a CCAR-135 certificate for short-distance flights, and received 34...
Chinese eVTOL Makers Eye 2030 Commercial Flights
Chinese eVTOL manufacturers, including Vertaxi, Zero Gravity Aircraft Industry, and Aerofugia, are exhibiting their aircraft at Beijing's aviation exhibition, with plans to launch commercial flights by 2030; Aerofugia already secured a CCAR-135 certificate for short-distance flights, and received 34...
Progress
36% Bias Score
Vaeridion's Electric Microliner Targets €8 Billion Short-Haul Aviation Market
German startup Vaeridion aims to launch a 9-seater electric microliner by 2030, targeting a €8 billion short-haul regional aviation market currently served by 15,000 aging propeller planes; the company has already secured pre-orders and funding.
Vaeridion's Electric Microliner Targets €8 Billion Short-Haul Aviation Market
German startup Vaeridion aims to launch a 9-seater electric microliner by 2030, targeting a €8 billion short-haul regional aviation market currently served by 15,000 aging propeller planes; the company has already secured pre-orders and funding.
Progress
44% Bias Score
Lilium Receives €200 Million Lifeline
Insolvent German electric aircraft manufacturer Lilium will receive €200 million in funding from an investor consortium to reach market readiness, pending legal approvals; the purchase price of Lilium's assets remains undisclosed.
Lilium Receives €200 Million Lifeline
Insolvent German electric aircraft manufacturer Lilium will receive €200 million in funding from an investor consortium to reach market readiness, pending legal approvals; the purchase price of Lilium's assets remains undisclosed.
Progress
36% Bias Score
Volocopter Files for Insolvency, Seeks Investors to Secure Future
The German electric air taxi manufacturer Volocopter, employing 500 people, filed for insolvency on December 26th, 2023, seeking investors to finalize market entry, facing challenges in securing funding and EASA certification despite technological advancements and a competitive position.
Volocopter Files for Insolvency, Seeks Investors to Secure Future
The German electric air taxi manufacturer Volocopter, employing 500 people, filed for insolvency on December 26th, 2023, seeking investors to finalize market entry, facing challenges in securing funding and EASA certification despite technological advancements and a competitive position.
Progress
40% Bias Score
Showing 1 to 11 of 11 results