Cash-strapped Boeing pauses work at its NeXt innovation unit
Boeing is suspending work at Boeing NeXt, its innovation unit focused on next-generation air vehicles, including eVTOL air taxis.
Latest Investment
Delivery drone maker Volansi announces $50 million in Series B funding
Volansi, the California-based developer of middle-mile delivery drones, has closed a $50 million round of Series B funding led by Icon Ventures.
SkyDrive raises ¥3.9 billion in Series B funding round
Close on the heels of its first public flight demonstration, Japanese eVTOL developer SkyDrive has announced significant funding from 10 Series B investors.
Japanese insurer Aioi Nissay invests in Joby Aviation
Japan’s Aioi Nissay Dowa Insurance Co. is investing in Joby Aviation and will work with Joby to develop specialized insurance products for eVTOL air taxis.
VFS World eVTOL Aircraft Directory now at 300 entries
The Vertical Flight Society has cataloged the 300th model in its World eVTOL Aircraft Directory, which has been growing at a rate of two aircraft per week.
U.S. Air Force will fund research into tech that enables eVTOL aircraft
The U.S. Air Force is looking to fund research into “deep tech” for eVTOLs through its next round of Small Business Technology Transfer (STTR) contract awards.
