Lilium GmbH has entered into a definitive business combination agreement with Qell Acquisition Corp., a publicly listed special purpose acquisition company. Qell, led by Barry Engle, a former president of General Motors North America, is focused on developing next-generation, sustainable mobility. Continue reading
Category Archives: eVTOL
UPS Flight Forward to Buy 160 eVTOL Aircraft
Through its UPS Flight Forward subsidiary the company plans to purchase electric vertical takeoff and landing (eVTOL) aircraft from Beta Technologies (BETA) as part of its innovation-driven strategy to identify new ways to help small businesses with sustainable solutions. Continue reading
Sabrewing Plans Long Range Cargo VTOL First Flight
Sabrewing Aircraft plans to perform the first flight of its Rhaegal unmanned heavy-lift, long-range half-scale prototype aircraft by the end of March, says Ed De Reyes, Sabrewing chairman and CEO, according to a recent publication by Janes. Continue reading
Market for eVTOL Air Taxis to Grow to $14.7 Bn by 2041
IDTechEx’s new report “Air Taxis: Electric Vertical Take-Off and Landing Aircraft 2021-2041” is independent research into electric vertical take-off and landing (eVTOL) aircraft for passenger transport reflects the reality of the eVTOL market at this early stage of its development. Continue reading
Rolls-Royce to Power Vertical Aerospace’s eVTOL
Rolls-Royce’s ground-breaking technology is set to power Vertical Aerospace’s flagship Urban Air Mobility (UAM) aircraft. A Rolls-Royce electrical power system will be integrated into the piloted all-electric vertical take-off and landing (eVTOL) vehicle, which will carry up to four passengers for 120 miles at cruise speeds of over 200mph and is on course to certify in 2024. Continue reading
Urban Air Mobility Company Archer to List on NYSE
Archer, an Urban Air Mobility company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. , a special purpose acquisition company, have announced they have entered into a definitive agreement for a business combination that would result in Archer becoming a publicly listed company. It is anticipated that the post-closing company, Archer, will be listed on the NYSE with ticker symbol “ACHR.” Continue reading
SESAR JU Urban Air Mobility Research Project Kicks Off
The SESAR JU project “GOF 2.0 Integrated Urban Airspace Validation”, with a consortium of 13 members, will focus on the safe, secure, and sustainable integration of unmanned aerial vehicle and air taxi operations in urban airspace and kicked-off at the end of January. Continue reading
World’s First Electric Flying Racing Car is Ready to Race
Airspeeder has revealed the world’s first fully functioning electric flying racing car. The Airspeeder Mk3, is a full-sized remotely-operated electric vertical take-off and landing vehicle (eVTOL). It will compete in an upcoming remotely-piloted Airspeeder racing series that will stand as a technical test-bed and feeder series to a manned racing series in 2022. Continue reading