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Electra closes $115 million Series B round for hybrid-electric STOL aircraft

Aerotime

The EL9 will be able to land and takeoff on runways as short as 150 ft (45.7 The Virginia-based startup markets the EL9 as a sound and feasible future alternative to decentralize regional travel with a low operating cost, low-emissions and quiet aircraft which can land at a large number of locations due to its STOL capabilities.

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Vertical Aerospace starts VX4 untethered flights, unveils long-term strategy

Aerotime

The proposed investment and recapitalization will help to expand the company’s financial runway and bring it closer to the planned certification date for the VX4. Vertical Aerospace reported a cash position of £42.8 million ($57.4 million) as of September 30, 2024, and evaluated its capital needs for the next 12 months at around £78.4

Payload 312
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Examining over 100 years of flight automation and the history of the autopilot

Aerotime

This permitted the Trident to be guided automatically to an airfield, approach the runway, flare, touchdown, and then roll out from the landing runway without a pilot interfering with the controls.

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Tropic Island Airways signs LOI with Tidal Flight for Polaris hybrid seaplanes

Aerotime

According to the company, Polaris is a modern, clean-sheet, hybrid-electric seaplane that can carry 9 to 12 passengers with baggage and is capable of landing on both waterways and runways. Tidal Flight Seaplanes present the opportunity to provide direct, low-infrastructure access to city centers, remote communities, and coastal destinations.

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Boom Supersonic to crowdsource livery for its future supersonic airliner 

Aerotime

speeds that Boom’s Overture aircraft will be able to reach, “Retro look”, which evokes the so-called “Golden Age of Flying” of the 1950s, 60s and 70s, “Runway Ready”, focusing on elegance, and a catch-all category called “Most Original”. “Top Speed”, highlighting the Mach 1.7

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uAvionix enables ground surveillance for runway safety

AOPA

uAvionix, an aviation technology company known for its ADS-B transponders and related equipment, said it delivered its surface situational awareness systems to Austin-Bergstrom International Airport in Texas and Indianapolis International Airport. Air traffic controllers are to begin using the safety systems on June 30.

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Behind the scenes at Lilium, the eVTOL firm aiming to change regional air travel 

Aerotime

The company has raised additional funds on several occasions during the last 12 months to expand its runway until it can start generating cash. Lilium’s share price has taken a beating since listing on the NASDAQ in September 2021 after merging with a Special Purpose Acquisition Company (SPAC).

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