Boeing is suspending work at Boeing NeXt, its innovation unit focused on next-generation air vehicles, including eVTOL air taxis.
Volansi, the California-based developer of middle-mile delivery drones, has closed a $50 million round of Series B funding led by Icon Ventures.
Close on the heels of its first public flight demonstration, Japanese eVTOL developer SkyDrive has announced significant funding from 10 Series B investors.
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.
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.
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.