Wisk Aero, a trailblazer in Advanced Air Mobility (AAM), and Houston Airports have entered into a Memorandum of Understanding to introduce autonomous air taxis in Greater Houston. This strategic partnership focuses on the development of vertiport infrastructure at key locations including George Bush Intercontinental Airport (IAH), William P. Hobby Airport (HOU), and Ellington Airport (EFD). […]
Archer Aviation Inc. has announced significant Q2 operating and financial results for the period ending June 30, 2023. Notably, the company has confirmed a substantial $215 million equity investment from industry behemoths such as Stellantis, Boeing, United Airlines, ARK Invest, and more, boosting its total funding to an impressive $1.1 billion. In sync with this, […]
Dutch automotive manufacturer Stellantis and Archer Aviation have announced a collaboration to produce the latter’s Midnight eVTOL aircraft, an electric vertical take-off and landing (eVTOL) aircraft for use in urban air mobility networks. Being the exclusive contract manufacturer, the Amsterdam-headquartered Stellantis will mass produce Archer Aviation’s eVTOL aircraft and provide up to $150 million in […]
Tech Mahindra has signed a collaborative agreement with ASKA, a California-based drive and fly company, with an aim to address the global problem of traffic congestion with a viable drive and fly electric drive and fly vertical take-off and landing (eVTOL). As part of the agreement, the Indian tech company will expedite ASKA’s development, testing, […]