Vertical Aerospace, a global aerospace and technology company, today welcomes the UK Department for Transport’s announcement that funding has been awarded to projects working on next-generation zero-emission aircraft and the development of vertical take-off and landing technology. Among the ini...

Eve Air Mobility announced today a US$35 million fund from Brazil’s National Development Bank (BNDES), further solidifying its financial position for continued eVTOL development. This second-phase funding follows a US$92.5 million line of credit secured in 2022 for R&D and a recent US$50 mi...

VoltAero’s funding for the development of its Cassio 330 electric-hybrid aircraft has further increased with a €5.6 million grant from the French government via BPI France – the agency that supports France’s economic growth by assisting its entrepreneurs. The financing was made available ...

Wingcopter, the German delivery drone manufacturer and service provider, today announced that it has raised $42 million from renowned financial and strategic investors. The new funding is part of a Series A extension round, tripling the company’s total equity raise to more than $60 million to date...

Ascendance Flight Technologies is a Toulouse-based company developing ATEA, a vertical take-off and landing aircraft powered by STERNA, its proprietary hybrid-electric technology stack. It provides the technologies that can empower aircraft manufacturers to reduce the environmental impact of fu...