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Joby finalized the sale of 40,000,000 shares of common stock at a public offering price of $5.05 per share, making Joby possessing a cash balance of over $1 billion. The…
Lilium’s 6-k filing on Thursday (October 24th 2024), mentioned the situation at hand regarding the need of funds for Lilium (NASDAQ: LILM) to “conduct ongoing operations” in the same tempo…
The German federal government currently faces a crucial decision: whether to support Lilium, an innovative aerospace company, with a €50 million loan guarantee. Lilium, known for its cutting-edge work on…
(Yes, we know the correct pronunciation, but thought this was fun!) Two potential sources of funding might provide the spark that jumpstarts electric VTOL manufacture Lilium’s growth. Both a €100…
Systems power-on paves the way for Lilium Jet’s ground testing campaign Munich, October 1, 2024 – Lilium N.V. (NASDAQ: LILM), a leader in electric aircraft manufacturing and a pioneer in…
Thanks to the incredible work between Lilium, EMCJET, and Galaxy FBO the great state of Texas will have Lilium jet connections between the cities of the Texas triangle. Houston (the…
A Sound Approach Without a doubt, it can be quite a nuisance to take time off from a hectic work schedule and spend time vacationing in the French Riviera, only…
XTI had plans beginning in 2017 to create a propulsion system making use of a turbogenerator with battery-powered electric motors. As of 2024 this plan has been put on hold…
Flying Whales Quebec, a subsidiary of Flying Whales has selected Honeywell’s 1 megawatt generator for its LCA60T hybrid electric airship. The 1 megawatt generator will be used to power the…
H2FLY, based in German city of Stuttgart has successfully completed testing of its hydrogen tank during on-ground filling of liquid hydrogen, which has been dubbed by the company a “world’s…
Chicago’s Air Travel Hub United Airlines and Archer have announced plans for commercial eVTOL air taxi between O’Hare airport and Vertiport Chicago. Given Chicago has O’Hare International Airport (ORD) as…
Sikorsky President Paul Lemmo and President/ CEO of GE Aerospace’s Defense & Systems Amy Gower, shaking hands during the public announcement of the Long-Range Hybrid-Electric VTOL Demonstrator. Photo Courtesy of…
Bell Textron made a press release regarding their new collaboration with Pratt & Whitney on High-Speed Vertical Takeoff and Landing (HSVTOL) technology. The leadership of both Bell Textron and Pratt…
Donald Trump sitting in the Oval Office during his presidency. Source: Official Website of Donald J. Trump At the 2023 CPAC, Donald Trump publicly announced his plans for America’s “revolution”…
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