Tag: VTOL

Sirius Aviation AG and PARQ Development join forces

Sirius Aviation AG has announce a partnership with PARQ Development, providing ten hydrogen-powered vertical takeoff and landing (VTOL) jets along with tailored support services to the picturesque landscapes of Bali, Indonesia. The agreement is estimated to be worth $50 million, reflecting a sign...

Hybrid-electric VTOL aircraft manufacturer Odys Aviation to enter the UAE under the Ministry of Economy’s NextGen FDI Programme

The Ministry of Economy has announced that Odys Aviation, a US-based company developing hybrid-electric vertical take-off and landing (VTOL) aircraft designed for both regional distances and short-haul “air taxi” routes, has joined its NextGen FDI program, which provides pioneering businesses in...

Analysis reveals VTOL orders are driving strong growth in the aircraft industry

Aircraft orders surged by 40% last year and are set to continue to expand this year with hybrid and electric vertical take off and landing (VTOL) aircraft driving growth, new research* from industry experts Revolution.Aero shows. Its data reveals aircraft orders rose to 2,876 last year from 2,056...

UAE Aviation industry set for new addition with SDF’s announcement of “HelioTech”

The Strategic Development Fund (SDF), the investment arm of Tawazun Council, announced it will be presenting Helio Aviation Technologies (HelioTech), one of its latest additions to its venture investment portfolio, at Abu Dhabi’s (International Defense Exhibition) IDEX 2023. HelioTech, a UAE ba...

IDTechEx on National Aviation Day: Bumblebees and Electric Aircraft Cannot Fly

To mark National Aviation Day (19th August 2021), a celebration of the history and development of aviation, IDTechEx analysts consider the future of electric aircraft. For decades the theoreticians proved that bumblebees could not fly and were extremely irritated that they continued to fly anywa...

SAMAD aerospace unveils luxury Q-Starling Personal Air Vehicle

SAMAD aerospace, the British hybrid electric VTOL aviation company is pleased to launch its concept for Q-Starling, a high-end Personal Air Vehicle (PAV). With an innovative modern design taking elements from both fast jets and VTOL aircraft, the Q- Starling represents a new pinnacle in future s...

BlueBird Aero Systems Secures an Order for Over 150 VTOL UAS

 BlueBird Aero Systems, a leading global developer and provider of superior micro, mini and small tactical unmanned aircraft systems (UAS), has received an order worth tens of millions of euros from a European customer for the delivery of more than 150 vertical take-off and landing (...

Joby Aviation Raises $590 Million In Financing To Launch Air Taxi Service

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...

Honeywell Aerospace: Driving the Future of Flight

Honeywell Aerospace is looking to the future of Urban Air Mobility (UAM), applying their 100-year plus heritage in aviation and their “nose-to-tail and plane-to-ground” expertise Honeywell have begun partnering with companies in this emerging market predicting the that the continuing rise of gr...

Airbus Helicopters and EASA unite to bring next gen of VTOL platforms life

Airbus Helicopters and EASA have signed a Memorandum of Cooperation aiming to harness their respective experience and know-how to bring the next generation of VTOL platforms to life, along with the necessary regulatory framework to support them. “I am very pleased to be joining efforts with EA...

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