Aircraft was valued at USD 59 Million in the year 2024 and is projected to reach a revised size of USD 82740 Million by 2031, growing at a CAGR of 184.3% during the forecast period.

Toulouse-based hybrid-electric start-up Ascendance Flight Technologies has begun final assembly of its Atea vertical take-off ...

The Cavorite X7's Low Projected Operating Cost Has Been Verified by a Leading Independent Audit Firm TORONTO, ON / ACCESS Newswire / / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") ...

There are lots of acronyms for electric aviation, but eVTOL has stood the test of time for 15 years. In August 2014, NASA unveiled its GL-10 "Greased Lightning" vectored-thrust eVTOL demonstrator with ...

FAA launches pilot projects starting this summer The skies over parts of the US could soon get busier, as the Federal Aviation Administration launches pilot projects spanning 26 states to test ...

The Army has detailed an extensive plan for evaluating hybrid-electric vertical take-off and landing (VTOL) platforms and enabling technologies, with an aim to hold capability demonstrations between ...

A new player is getting ready to take its chance on the VTOL (vertical take-off and landing) market. Founded by experts in propulsion systems, Odys Aviation has the ambitious goal of launching a ...

When we say that the AAM (Advanced Air Mobility) bug has spread across Europe, we're not kidding. Although it's not as far ahead as its German, British, or Italian competitors, this Czech eVTOL ...

Integrating hybrid-electric propulsion capabilities into Vertical’s next-generation aircraft prototype, unlocking multi-billion-dollar opportunities including defence, logistics and wider commercial ...

Elroy Air, the leading U.S.-based developer of autonomous aerial systems for middle-mile logistics, has been selected for the ...