Under a Strategic Funding Increase, the Afrwerx innovation unit is making up to $85 million available to support the Virginia-based start-up's efforts to build and fly a full-scale preproduction model.

The Asian carrier is investing an undisclosed amount in a U.S. start-up called Regent and assessing how sea gliders operating routes of up to 180 miles could better connect Japan's islands.

The Vertical Flight Society’s H2eVTOL Council has spun off into a new independent nonprofit organization known as the Hysky Society. 

Aramco's venture capital arm Wa'ed Ventures has invested $14 million in Japan-based Terra Drone to establish a Saudi Arabian division of the drone services and uncrewed traffic management group.

Hybrid eVTOL configurations with both a fixed wing and multiple rotors are best at dealing with wind gusts when flying in urban areas, researchers found.

The second-generation Cento design features a new pusher propeller that will allow the derivative of the earlier MF-100 design to carry a 100-pound payload on trips of up to 600 miles.

The company's plans to develop an eVTOL vehicle with a 440-pound payload were boosted this week by a $2 million grant from the Brazilian government.

Swiss eVTOL developer Dufour Aerospace says it has closed a Series B funding round with a new investment from the private charter flight operator Vista Global Holding. 

Skyroads will use the Augsburg facility to develop its air traffic automation technology to support the operation of eVTOL aircraft and large drones.

Dovetail Electric Aviation this week was awarded a A$3 million grant to support its efforts to equip aircraft such as the Cessna Caravan to use electric propulsion systems.

Vertical Aerospace says it has secured a pre-delivery payment from Japanese trading and investment conglomerate Marubeni Corporation for 25 VX4 eVTOL aircraft, making Marubeni Vertical’s first customer in Asia to back its VX4 orders with a down payment. 

A 19-seat Dornier 228 aircraft with one of its turboprop engines replaced by the company's fuel-cell-based powertrain made a 10-minute flight on January 19 from Kemble Airport in the UK.

The partners aim to build and evaluate a new concept for a single-aisle commercial aircraft that would feature a truss-braced, high-aspect-ratio wing as part of the Sustainable Flight Demonstrator project.

The U.S. and European companies are rebooting their C-suites with new appointments at the start of a critical year for the advanced air mobility sector.

Initially billed as a "flying SUV" for wealthy individuals, NFT's Aska drive-and-fly eVTOL vehicle could be used for air taxi operations as early as 2026.

Aerus, a new regional carrier, plans to use the nine-seat, fully electric commuter aircraft for “middle-mile” travel in northern Mexico.

The German company is working on fuel-cell-based propulsion systems for a pair of fixed-wing aircraft aimed at the general aviation and regional airline markets.

The company announced it will use Microsoft's Azure cloud computing platform for autonomous flight simulations and the HoloLens 2 mixed-reality headset for vehicle manufacturing and maintenance.

The U.S. start-up is preparing to conduct wind-tunnel tests with a subscale model of its patented Fluidic Propulsion System. It says the system will support unprecedentedly high speeds, while also delivering reduced noise and emissions.

The U.S. air safety agency says that for now the advanced air mobility sector should consult with its Office of Airports and Flight Standards.