Norway Elfly Group is to forge ahead with the production of a full-scale prototype of its all-electric commercial seaplane, the Noemi following confirmation of USD$8 million-plus grant from Enova SF, the country’s Ministry of Climate and Environment. The award underlines the Norwegia...
Inpixon has entered into a definitive merger agreement with XTI Aircraft Company. If completed, the merger will result in a combined publicly traded company that will focus on advancing the TriFan 600 to market, as well as continuing to offer Inpixon's real-time location...
Archer Aviation announced that the PIPE portion of its larger $215M investment round led by Stellantis announced last Thursday is positioned to close today. ARK and United Airlines were two of the largest investors in the PIPE signifying the intersection of innovative financial institutions and traditional aerospace investing in disruptive technologies. Adam Goldstein, founder and CEO of Archer...
Archer Midnight aircraft received its Special Airworthiness Certificate from the FAA.This certification signals that Archer’s Midnight aircraft has successfully met all FAA safety requirements allowing it to begin flight test operations, which Archer expects to commence in the coming weeks. Archer continues to make strong progress on Midnight’s certification program with the FAA i...
Private investor, Rcapital, completed the acquisition of the Leicester-based aerospace and power generation business of Bromford Group. Bromford Group was placed into administration in March and has continued trading while a buyer has been sought. Chris Pole and Ryan Grant of Interpath Advisory were the appointed administrators. Rcapital’s acquisition does not include the wider group&rs...
Archer Aviation has significantly expanded its partnership with the DoD by signing new contracts with the U.S. Air Force with a total value of up to $142 million. This new execution phase of the partnership includes the delivery of up to six of Archer’s Midnight aircraft to the Air Force, the sharing of additional flight test data and certification related test reports, pilot training, and t...
Statkraft Ventures announced its investment in Electra.aero. The investment will enable Electra to further develop its hybrid-electric ultra-short eSTOL aircraft, reinforcing Statkraft Ventures’ commitment to advancing sustainable transportation and decarbonization efforts by investing in emerging technologies that reduce emissions. This investment leverages Statkraft Ventures'...
Lilium has successfully arranged a capital raise for a total amount of $192 million. Participants in the upsized round included leading German technology investors Earlybird Venture Capital, BIT Capital, UVC Partners and Frank Thelen, multiple institutional investors led by B. Riley Securities and e-mobility investor E-vestment B.V. Several Lilium Board members and senior executives also...
EHang has entered into share subscription agreements for a total of US$23,000,000 private placement with several strategic investors led by Mr. Lee Soo Man, a renowned South Korean music producer, entrepreneur, and the founder of K-pop and SM Entertainment, a South Korean leading multinational entertainment company listed in KOSDAQ. The Company will receive a deposit of 80% of the aggreg...
LCI has delivered three Leonardo AW169 helicopters on long-term lease to the Italian operator, Alidaunia. The aircraft were all delivered new from Leonardo and are valued at over US$30 million. They form part of the LCI and SMFL joint venture (JV) fleet, which now totals 57 aircraft valued at approximately US$600 million. The AW169s have entered service with Alidaunia over the past...
Joby Aviation announced that SK Telecom is making an equity investment of $100 million in Joby, as part of an expanded partnership between the two companies. The agreement, executed on 27 June, paves the way for Joby to participate alongside SKT in Korea’s “K-UAM Grand Challenge.” The Challenge is a phased demonstration program, led by the Korean Ministry of Land, Infra...
IBA outlined a largely positive outlook for the helicopter market. IBA expert panel signposted a number of key positive factors for the market including expected continued growth in helicopter leasing, the easing of supply chain issues, growth opportunities in sectors such as EMS, offshore and wind farms, and the successful introduction and growth of the super medium helicopter...
CDB Aviation signed lease agreements for a series of six Boeing 737 MAX 8 aircraft to its current customer, Turkish Airlines. All six aircraft are part of the lessor's existing orderbook with Boeing. They will be powered by CFM International Leap-1B engines and built with the AnadolouJet-specific configuration, which is a subsidiary of Turkish Airlines. Deliveries are set to tak...
LCI has begun to deliver the first dedicated offshore wind helicopters in the United States of America. They will be leased under long-term arrangements to HeliService USA and support a new era of sustainable energy supply in the country. They will be operated by HeliService USA in support of Ørsted and General Electric contracts based in Quonset, RI, and Mart...
Running now
Brazil, SANTANA
08/09/2026
United Kingdom, London
Air France-KLM today has submitted a binding offer to Parpública for the acquisition of a 44.9% to 49.9% stake in TAP Air Portugal, marking a decisive step in the airli...
