Vertical Aerospace

By Ben Goldstein
Vertical Aerospace unveiled its Flightpath 2030 strategic plan, spelling out an ambitious set of goals related to production, finances and tech development.
Advanced Air Mobility

By Ben Goldstein
The AAM Stock Composite rose 2.5% during the month of October, a modest result that masks deeper financial strain at many eVTOL startups.
Advanced Air Mobility

By Ben Goldstein
Embraer spinoff Eve Air Mobility has received a $50 million loan, building on its solid balance sheet as it works to develop and certify its air taxi.
Advanced Air Mobility

By Ben Goldstein
A self-described investor in distressed companies, Mudrick Capital is the largest creditor of UK-based Vertical.
Advanced Air Mobility

By Ben Goldstein
Vertical Aerospace says it has enough cash to make it into the second quarter (Q2) of 2025.
Advanced Air Mobility

By Graham Warwick
Tests included simulating the failure of one of the aircraft’s eight electric propulsion units (EPU) while in piloted tethered flight.
Advanced Air Mobility

By Ben Goldstein
The sell-off coincided with a weak week on Wall Street.
Advanced Air Mobility

By Graham Warwick
MagniX unveils hybrid testbed; VoloCity vibration testing; UK gets first vertiport; electric aircraft training.
Emerging Technologies

By Ben Goldstein
The gain paled compared to the nearly 4% gain in the S&P 500.
Advanced Air Mobility

By Ben Goldstein
The 1% weekly gain in the AAM Stock Composite came during a week when the S&P 500 traded flat.
Advanced Air Mobility

By Ben Goldstein, Tony Osborne, Jens Flottau
Two startups join short list of companies that have unveiled full-scale prototype electric vertical-takeoff-and-landing vehicles.
Advanced Air Mobility

By Ben Goldstein
The AAM Stock Composite rose by 2.7% last week, compared to a roughly 0.8% decline in the S&P 500.
Advanced Air Mobility Departments

Vertical Aerospace has completed initial tethered hover flights with its recently unveiled next-generation VX4 eVTOL prototype.
Advanced Air Mobility

By Ben Goldstein
The new prototype is by far Vertical’s most advanced yet.
Advanced Air Mobility

By Ben Goldstein
After the initial funding wave, investors grow leery of unfulfilled promises by startups.
Farnborough Airshow

By Ben Goldstein
The UK regulator also struck an agreement with the European Union Aviation Safety Agency to closely cooperate on type certification.
Advanced Air Mobility

By Ben Goldstein
Vertical Aerospace has dropped plans to perform flight demonstrations at the Farnborough Airshow, citing a need to prioritize its flight test program.
Emerging Technologies

By Angus Batey
Chief technology officer Michael Cervenka argues that the Bristol-based company can punch above its weight because of key decisions made early.
Advanced Air Mobility

By Ben Goldstein
Rolls-Royce and Vertical Aerospace have agreed to exit their contract for the supply of electric propulsion units.
Advanced Air Mobility

By Ben Goldstein
The AAM Stock Composite rose 4.3% last week, boosted by a better than 10% increase in EHang.
Advanced Air Mobility

Aviation Week Staff
Uncrewed helicopter manufacturer and aerial intelligence company SwissDrones has secured $10 million in Series B funding.
Advanced Air Mobility

By Jens Flottau
The CEO of Lilium says the company may have to leave Germany if it cannot secure government funding for development and certification of its Lilium Jet.
Aircraft & Propulsion

By Graham Warwick
Published on May 2, the UK Aircraft Accident Investigation Branch (AAIB) report confirms company statements immediately following the Aug. 9 incident.
Advanced Air Mobility

By Ben Goldstein
Vertical Aerospace has announced the appointment of Stuart Simpson as new CEO, replacing founder Stephen Fitzpatrick, who will join the company’s board of directors.
Advanced Air Mobility

By Ben Goldstein
A widening gap between the well-capitalized and poorly capitalized startups suggests that not all the publicly traded players will make it to entry into service
Advanced Air Mobility