Aero Challenge Group is to invest “a double-digit million Euro sum” in development of the aircraft designed to carry 1,000 kg of payload or eight passengers.
The company has been testing a subscale demonstrator for its Lilium Jet for more than a year and is nearing buildup of an aircraft for certification flight tests.
Volocopter’s window to certify the VoloCity ahead of the Olympics is tight, but the real challenge is developing a larger version with a stronger business case.
With a piloted, four-passenger air taxi on the way, Vertical Aerospace sits down with Aviation Week to discuss the VX4 and larger advanced air mobility sector.
Dallas-based carrier Ameriflight plans to launch large-scale drone operations in the U.S., but says drones will not replace current crewed flying operations.
The financing comes as SkyDrive works to certify its aircraft in time to launch commercial air taxi service for the 2025 World Expo being hosted in Osaka.