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Emirates and Museum of the Future to host Aviation Future Week in Dubai  

Aerotime

“Dubai’s strategic commitment to leveraging technology and innovation and embracing the digital revolution is fertile ground to pioneer new approaches and push the boundaries of what is possible for more efficient and sustainable operations and reshaping the passenger journey and experience as the industry forges ahead,” he added.

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Lilium considers setting up eVTOL production plant in France

Aerotime

The region already includes industrial sites of aerospace giants such as Airbus, Safran, Dassault Aviation, and Thales. The Munich-based startup was founded in 2015 and is now approaching the last critical stages before launching its electrically powered vertical takeoff and landing (eVTOL) aircraft.

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Embraer-backed Eve Air Mobility unveils first full-scale eVTOL prototype

Aerotime

Embraer’s EVE raises $94M in fresh capital through private share placement Aviation Economics & Finance Aviation Technology and Innovation by Miquel Ros 2024-07-01 “This is a significant milestone that underscores our commitment to safety, accessibility, and innovation.

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Boom Supersonic shares progress on Overture airliner and Symphony engine

Aerotime

Our Symphony engine has quickly progressed through design into hardware rig testing, and with a fully operational engine core on track for next year, our rapid development approach is pacing ahead of schedule,” Scholl added.

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Archer closes $230 million round from United, Stellantis and other investors

Aerotime

US advanced air mobility developer Archer Aviation has announced the closing of a $230 Private Investment in Public Equity (PIPE) funding round that is set to strengthen the capitalization of the company as its Midnight eVTOL approaches certification stage.

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Heart Aerospace unveils Heart X1 full-scale hybrid-electric demonstrator

Aerotime

Our industry is approaching a 30-year innovation cycle, and we have less than 25 years to decarbonize aviation,” Heart Aerospace’s co-founder and CEO, Anders Forslund, said. “We need to develop new methods to get net zero aerospace technologies to market faster.

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Ecojet to order up to 50 gyroplanes from ARC Aerosystems for UK operations 

Aerotime

ARC Aerosystems’ approach to advanced air mobility has also caught the attention of investors in the Middle East. The LINX P9 is designed to carry to nine passengers to distances of up to 1,400 km, which would fit with Ecojet’s plan to operate low emissions regional flights within the British Isles.

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