Overair Butterfly’s Metamorphosis
- 11 Sep 2021 05:01 PM
- 0
At a VFS webinar for the eVTOL Writers Group on Aug. 11, Santa Ana, California-based Overair, LLC, unveiled the revised configuration of its Butterfly eVTOL aircraft.
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At a VFS webinar for the eVTOL Writers Group on Aug. 11, Santa Ana, California-based Overair, LLC, unveiled the revised configuration of its Butterfly eVTOL aircraft.
Craft Aerospace Technologies completed a $3.5M seed round with Calm Ventures, Countdown Capital, Deep Ventures, Giant Ventures, Soma Capital, Trajectory Capital and Y Combinator, as well as advisor Nikhil Goel, co-founder of Uber Elevate.
SAMAD Aerospace, headquartered at Cranfield Airport in the UK, completed hover tests for its second prototype eVTOL eStarling aircraft at the end of July.
Lilium had a series of announcements over the past few months.
On June 9, Xeriant, Inc., a new aerospace technology and advanced materials holding company, announced that it had signed a definitive joint venture agreement with Englewood, Colorado-based XTI Aircraft Company.
Longest and farthest flight an eVTOL aircraft to date; largest passenger-carrying capable aircraft conducting eVTOL flights
On March 30, Lilium GmbH announced that it had agreed to merge with Qell Acquisition Corp., and revealed the development of its 7-seat Lilium Jet.
Archer, a leading Urban Air Mobility (“UAM”) company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. (NYSE: ACIC), a special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that would result in Archer becoming a publicly listed company.
Archer and Fiat Chrysler Automobiles announced on Jan. 12, 2021 that they have entered into an agreement so Archer can benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience.
By Kenneth I. Swartz
Vertiflite, Jan/Feb 2021