VTOL

Shield AI raises $165M at a $2.3B valuation to fuel development of its military autonomous flying systems

Technology built with defense in mind is getting some significant and serious traction at the moment, spurred by world events, advances in technology and a growing appetite from end users to invest in

4 eVTOL trends moving the air taxi industry closer to takeoff

The billions raised by eVTOL companies last year mean one thing for 2022 — massive growth. These trends will influence how entrepreneurs and investors participate in the burgeoning eVTOL ecosystem.

Volocopter raises $170M, now valued at $1.87B, to fuel first commercial launches of flying taxi fleet in 2024

Volocopter, the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical takeoff and landing) aircraft and a business model for operating them in taxi-style fleets i

Odys Aviation, formerly Craft Aerospace, raises $12M for its unique VTOL passenger aircraft

A startup hoping to reinvent regional air travel with an unusual vertical-takeoff aircraft has rebranded and raised a $12.4 million funding round. Craft Aerospace will henceforth be known as Odys Avia

Cities can have flying cars if they start working on infrastructure today

The truth is, flying cars are a reality. The aviation technology exists and early-stage regulatory review is underway in both the U.S. House and the Senate to bring eVTOLs to market.

‘Flying taxi’ startup Volocopter picks up another $241M, says service is now two years out

In a year where mass transit on airplanes, trains and buses has had lower traveler numbers in the wake of the COVID-19 pandemic, one of the startups hoping to pioneer a totally new approach to getting

The future of flight can be energy-efficient

Can eVTOL vehicles be green? Specifically, can eVTOL vehicles be more energy-efficient than cars?

The Station: Bird and Lime layoffs, pivots in a COVID-19 era and a $2.2 trillion deal

Hello folks, welcome back (or hi for the first time) to The Station, a weekly newsletter dedicated to the all the ways people and packages move around this world. I’m your host, Kirsten Korosec,

UPS partners with Wingcopter to develop new multipurpose drone delivery fleet

UPS is working with German startup Wingcopter to develop a new type of delivery drone, to be used for the logistics company’s growing commercial drone delivery efforts both in the U.S. and globa

Lilium raises another $240M to design, test and run an electric aircraft taxi service

Long and short distance travel have all but stopped for many people at the moment. But looking forward to a time when that may no longer be the case, a company designing flying taxis is today announci

Wisk signs deal to deploy an air taxi trial in New Zealand

Air mobility company Wisk has signed an agreement with the New Zealand government to set up and run an air taxi trial in the region of Canterbury, with the goal of flying passengers once its Cora airc

Boeing partners with Tactical Robotics to develop VTOL tech

Boeing has signed a new agreement with Israel-based Tactical Robotics, an exploratory deal that will see the two companies work together jointly on “developing, producing and marketing” ai

Joby Aviation raises $590 million led by Toyota to launch an electric air taxi service

Joby Aviation has raised a $590 million Series C round of funding, including $394 million from lead investor Toyota Motor Corporation, the company announced today. Joby is in the process of developing

Elroy Air’s autonomous hybrid aircraft can now pick up cargo containers on its own

Autonomous aircraft transportation seems like a sure thing at this point — in particular for cargo, where safety concerns around potential harm to people isn’t as much of an issue. One com

Watch a full test flight of Lilium’s all-electric urban aircraft

These days, it seems like everyone is building their own electric vertical take-off and landing (eVTOL) aircraft. The race is clearly on to develop these vehicles in a bid to anticipate the next major

Volocopter awarded key designation by European aviation safety regulator

Electric vertical takeoff and landing (eVTOL) aircraft maker Volocotper has received a Design Organization Approval (DOA) from the European Union Aviation Safety Agency (EASA). This is basically a rec

JetPack Aviation raises $2M to build the prototype of its flying motorcycle

Flying cars are fine — but why use a car when you can have a motorcycle instead? YC-backed startup JetPack Aviation wants to answer that question with the world’s first flying motorcycle,

EHang, maker of autonomous flying shuttles, files for $100 million IPO

Chinese autonomous air mobility company EHang has filed with the SEC the paperwork required to go public in the U.S. on the Nasdaq exchange, with a $100 million initial public offering. The company, w

Volocopter unveils a new eVTOL drone for heavy lift cargo flights

Urban air mobility company Volocopter has focused its efforts to date on getting its passenger electric drone business off the ground — literally, in fact. But now, the German startup has unveil

We’ll have self-flying cars before self-driving cars, Thrun says

Once you get up high enough, you don’t have to worry about a lot of the obstacles like pedestrians and traffic jams that plague autonomous cars. That’s why Sebastian Thrun, Google’s
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