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VTOL
Red Cat Unseats Skydio to Win U.S. Army’s Next-Gen Drone Contract
In a significant shift in the military drone landscape, Red Cat Holdings (NASDAQ: RCAT) has won the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract, succeeding previous contract holder Skydio. The company’s Black Widow drone system, developed by…
Chinese eVTOL Leader EHang Secures $22M Investment to Advance Urban Air Mobility
EHang Holdings Limited, the world’s leading Urban Air Mobility (UAM) technology platform company, has secured a strategic investment of over $22 million from two key investors. Key Investment Details Zhuhai Enpower Electric, a leading Chinese new energy vehicle power systems…
NASA Invests $11.5M in Revolutionary Aircraft Studies for Sustainable Aviation Future
NASA’s taking a big step toward greener skies with a massive $11.5 million investment in five cutting-edge aircraft design studies. The project, part of their Advanced Aircraft Concepts for Environmental Sustainability (AACES) 2050 initiative, aims to revolutionize commercial aviation by…
US Cities Race to Launch Air Taxi Networks Before 2026 World Cup
Major US cities are gearing up for the integration of air taxis and advanced drone technology into their urban landscapes, with Los Angeles leading the charge as it prepares to launch an urban air mobility network by the 2026 FIFA…
ParaZero Lands $187K Deal to Enhance Drone Safety for US Air Mobility Company
A significant development in drone safety systems has emerged as ParaZero Technologies Ltd. secured a notable contract, pushing forward the evolution of urban air mobility safety standards, according to Investing.com. Safety Systems for Next-Gen Aircraft The Israeli aerospace company landed…
Shenzhen Commits $1.7B to Build Massive Drone Infrastructure Network
China’s tech powerhouse Shenzhen is making a bold move into the future of urban air mobility, pledging $1.7 billion to develop infrastructure for low-altitude flight operations through 2026, according to a report from the South China Morning Post. Ambitious Infrastructure…
FAA Unveils Groundbreaking Rules for Air Taxi Pilot Training and Operations
The Federal Aviation Administration (FAA) has just released comprehensive regulations for training pilots to operate powered-lift aircraft, marking a historic moment in aviation history, according to an announcement by FAA Administrator Mike Whitaker. This landmark development sets the stage for…
Chinese Firm Unveils Massive Tiltrotor Drone with 2-Ton Payload Capacity
In a significant development for the drone industry, a Chinese aviation company has rolled out the first prototype of a large tiltrotor drone capable of carrying a whopping two-ton payload. Wuhu News reports that Shenzhen-based United Aircraft completed assembly of…
German Air Taxi Startup Lilium Fights for Survival, Seeks €100M State Lifeline
Lilium, the ambitious German air taxi startup, is facing a critical juncture in its quest for financial stability. The company, known for its innovative electric vertical takeoff and landing (eVTOL) aircraft, has been in talks with the German government for…
Anduril Revolutionizes Tactical Drones with Bolt and Bolt-M
Anduril Industries has just unveiled its groundbreaking Bolt family of autonomous drones, marking a significant leap in military technology. This new lineup introduces two distinct models: the Bolt for intelligence, surveillance, and reconnaissance (ISR), and the Bolt-M for precision strike…
Toyota Invests $500M in Joby Aviation’s Electric Air Taxi
Toyota Motor Corporation is doubling down on its investment in electric air taxis, announcing a $500 million investment in Joby Aviation. This move aims to support the certification and commercial production of Joby’s electric vertical takeoff and landing (eVTOL) aircraft.…
Lithuanian Drone Maker Secures Major Contract for FPV Quadcopters
Vilnius-based Granta Autonomy has landed a €1 million deal with Lithuania’s Ministry of National Defence for their GA-10FPV-AI quadcopter drones. The contract’s part of a bigger €8 million initiative that’ll see thousands of UAVs sent to both Lithuanian and Ukrainian…