Category: electric aircraft
Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others
Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to…
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Volocopter and Grab to study the feasibility of deploying air taxi services in Southeast Asia
Air mobility startup Volocopter will be working together with on-demand transportation, food delivery and payments company Grab on a feasibility study around air mobility in Southeast Asia. The joint study is part of a Memorandum of Understanding (MOU) signed by the two companies that covers exploration of the potential deployment…
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Alphabet’s Loon and SoftBank’s HAPSMobile turn solar-powered drones into flying cell towers
Alphabet-owned Loon, the company that had been focused on delivering internet communications to remote areas via stratospheric balloons, has completed development work on a new payload for partner HAPSMobile, a subsidiary of SoftBank that’s building high-altitude solar-powered uncrewed aircraft. The two companies jointly adapted the communications technology that enables Loon’s…
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Wisk signs deal to deploy an air taxi trial in New Zealand
Air mobility company Wisk has singed an agreement with the New Zealand government to set up and run an air taxi trial in the region of Canterbury, with the goal of flying passengers once its Cora aircraft is certified to do so by the country’s aviation authority. Cora is an…
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