
CycloTech Secures Investment
- 29 Apr 2024 11:07 PM
- 0
On Feb. 28, CycloTech announced that it had raised €20M ($21.7M) to fund its work on a novel propulsion system for aviation.
Category Filtering: 'evtol-news-briefs'
On Feb. 28, CycloTech announced that it had raised €20M ($21.7M) to fund its work on a novel propulsion system for aviation.
Pivotal announced on Feb. 22 that it delivered four BlackFly eVTOL aircraft and two flight simulators for evaluation by the US Air Force. Pivotal delivered the aircraft to Modern Technology Solutions Inc.
On Feb. 21, Pardes Hana, Israel-based AIRVEV Ltd announced that it had partnered with Nidec Motor Corporation to develop the motor for the AIR ONE, the company’s production model of its two-seat eVTOL aircraft.
Here’s our roundup of recent news on battery-electric, hybrid-electric and hydrogen-electric conventional takeoff and landing (eCTOL) and electric short takeoff and landing (eSTOL) aircraft for advanced air mobility (AAM) applications.
On Jan. 25, NASA announced that it had conducted a series of flight tests designed to evaluate the pilotless flight systems expected in future passenger-carrying eVTOL aircraft.
Horizon Aircraft announced on Jan. 16 that JetSetGo, a charter aviation services firm in India, intends to purchase 50 Cavorite X7, with a possible additional order of 50 aircraft.
Spanish eVTOL aircraft developer Crisalion Mobility (formerly Umiles Next) announced on Jan. 10 that it was selected by CDTI Innovación and Cuyam (Grupo Valdemira) for a total investment of €5.4M ($5.9M).
On Jan. 9, SkyDrive announced that it had secured an unspecified amount of additional funding from Suzuki for its Series C funding round, resulting in the allotment of new shares to Suzuki.
XPeng AeroHT unveiled its Land Aircraft Carrier at this year’s CES (formerly the Consumer Electronics Show), which ran Jan. 7–10 in Las Vegas, Nevada.
On Dec. 20, AIR announced its participation in the US Air Force’s AFWERX Agility Prime program.