AutoFlight Secures CATL Investment
- 31 Aug 2024 07:40 AM
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AutoFlight announced on Aug. 6 that it had secured a strategic investment from Chinese EV battery giant Contemporary Amperex Technology Co., Limited (CATL).
AutoFlight announced on Aug. 6 that it had secured a strategic investment from Chinese EV battery giant Contemporary Amperex Technology Co., Limited (CATL).
On Aug. 4, China eVTOL News posted that electric-vehicle (EV) giant XPeng had raised $150M in a Series B1 funding round for its AeroHT subsidiary, and had launched a Series B2 round.
On Aug. 1, Austin, Texas-based LIFT Aircraft revealed that it developed a second generation of its HEXA ultralight eVTOL aircraft.
Ecojet signed a letter of intent with ARC Aerosystems to purchase 20 Linx P9 hybrid-electric compound helicopter, ARC Aerosystems announced on Aug. 1.
Brazilian eVTOL developer Moya Aero has begun developing a hybrid-electric version of its tandem-wing cargo drone.
SkyDrive intends to conduct the maiden flight of its SD-05 eVTOL aircraft within months, according to a July 30 report in Vertical Magazine.
LYTE Aviation selected H3 Dynamics to provide the hydrogenelectric fuel cell propulsion system for its SkyBus LA-44 eVTOL aircraft (shown), LYTE announced on July 25.
On July 24, Aerospace supplier Honeywell Aerospace Technologies announced a memorandum of understanding (MOU) with Odys Aviation to collaborate on the design of a new ground control station (GCS) to support the rollout of Odys’s Laila hybrid-eVTOL uncrewed aircraft system (UAS) in Oman, as well as the potential for other countries in the Middle East and the Pacific.
China eVTOL News (a Stubstack.com news feed) reported on July 1 that Chengdu, Sichuan, China-based Aerofugia had completed a Series B financing round of “hundreds of millions of yuan” (equal to tens of millions of US dollars), its third funding round to date.
On June 18, AIR VEV Ltd. unveiled a concept drawing (shown) of the AIR ONE Cargo, a logistics-focused version of its AIR ONE personal eVTOL aircraft.