IDTechEx Research, a provider of independent market intelligence, announces the availability of a new report, "Air Taxis: Electric Vertical Take-Off and Landing (eVTOL) Aircraft 2024-2044: Technologies, Players". This report is intended to help companies understand the exciting emerging urban air...

Wisk Aero, a leading Advanced Air Mobility (AAM) company, has expanded its leadership in Los Angeles and the AAM industry with the region’s first public air taxi flights and discussions with local and city officials. In October, Wisk became the first electric vertical takeoff and landing (eVTOL...

Volocopter has raised an additional USD 182 million in the second signing of its Series E funding round. NEOM – the Red Sea’s smart, cognitive region project – and GLy Capital Management of Hong Kong have joined Volocopter’s diverse investor base. This will carry the company beyond t...

Wisk Aero, a leading Advanced Air Mobility (AAM) company and pioneer in autonomous, electric flight, today revealed the world’s first self-flying, all-electric, four-passenger vertical takeoff and landing (eVTOL) air taxi. As Wisk’s go-to-market aircraft, Generation 6 represents the first-e...

Volocopter, the pioneer of urban air mobility, has raised USD 170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of USD 1.7 billion. Composed of funds by new and existing investors, the money raised will assist wit...

By Andrew J. Hawkins, theverge.com Wisk Aero, the electric air taxi startup, raised $450 million from Boeing in a new funding round that it claims will make it “one of the most well-funded [advanced air mobility] companies in the world.” In its announcement, Wisk highlights the fact that...

German urban air mobility (UAM) pioneer, Volocopter, has completed the first test flight with its 2X aircraft in Seoul, South Korea. It was the first ever crewed public test flight of a fully electric vertical take-off and landing (eVTOL) air taxi in South Korea. The Republic's Minister...

CAE, a global leader in aviation training, and Volocopter, the pioneer of urban air mobility (UAM), announced today the signing of a strategic partnership, subject to definitive agreement, to develop, certify, and deploy an innovative pilot training program for electric vertical takeoff and landing...

Joby Aviation, a pioneer in the development of an electric air taxi, has raised $590 million in Series C funding led by Toyota Motor Corporation. Prior investors, including SPARX Group, Intel Capital, Capricorn Investment Group, JetBlue Technology Ventures, Toyota AI Ventures, and AME Cloud Ventur...

German eVTOL aircraft manufacturer Volocopter has announced $55 million in fresh investment it has raised for its VoloCity air taxi project. It raised the money from its Series C funding round, which closed with an amount that the company said would enable it to bring its VoloCity aircraft to co...