Category Archives: Business News

Lilium SPACS Deal Valued at $3BN – Reveals 7-Seater eVTOL Jet

Lilium GmbH has entered into a definitive business combination agreement with Qell Acquisition Corp., a publicly listed special purpose acquisition company. Qell, led by Barry Engle, a former president of General Motors North America, is focused on developing next-generation, sustainable mobility. Continue reading

Velodyne Lidar Announces Multi-Year Agreement with AGM Systems Russia

AGM-MS3 from AGM Systems is equipped with Velodyne’s Ultra Puck lidar sensor

Velodyne Lidar, Inc. has announced a multi-year agreement with AGM Systems LLC, which provides state-of-the-art hardware and software technology for the collection, processing and analysis of air and mobile mapping data. AGM Systems will utilize Velodyne’s Ultra Puck lidar sensor in their new AGM-MS3 Unmanned Aerial Vehicle (UAV) mapping solution. Continue reading