UAS VISION
an independent online news service for the Unmanned Aircraft Systems world
Horizon Cavorite X5 eVTOL
Astro Aerospace Ltd., a developer of eVTOL aerial vehicles and drones, and Horizon Aircraft Inc., a developer of advanced eVTOLs, have entered into an agreement under which Astro will acquire privately held Horizon for five million common shares of Astro stock, the material terms of which are disclosed in the Company’s related 8-K filing. Continue reading
MightyFly founders Scott Parker (left) and Manal Habib (right) with their MF-100 hybrid-electric cargo delivery aircraft
MightyFly, an autonomous air cargo carrier, announced that it has closed $5.1 million in seed funding. The round includes investments from 500 Startups, At One Ventures, Global Founders Capital, Graph Ventures, and Halogen Ventures. Continue reading
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
Through its UPS Flight Forward subsidiary the company plans to purchase electric vertical takeoff and landing (eVTOL) aircraft from Beta Technologies (BETA) as part of its innovation-driven strategy to identify new ways to help small businesses with sustainable solutions. Continue reading
Rhaegal RG-1
Sabrewing Aircraft plans to perform the first flight of its Rhaegal unmanned heavy-lift, long-range half-scale prototype aircraft by the end of March, says Ed De Reyes, Sabrewing chairman and CEO, according to a recent publication by Janes. Continue reading
IDTechEx’s new report “Air Taxis: Electric Vertical Take-Off and Landing Aircraft 2021-2041” is independent research into electric vertical take-off and landing (eVTOL) aircraft for passenger transport reflects the reality of the eVTOL market at this early stage of its development. Continue reading
Rolls-Royce’s ground-breaking technology is set to power Vertical Aerospace’s flagship Urban Air Mobility (UAM) aircraft. A Rolls-Royce electrical power system will be integrated into the piloted all-electric vertical take-off and landing (eVTOL) vehicle, which will carry up to four passengers for 120 miles at cruise speeds of over 200mph and is on course to certify in 2024. Continue reading
Archer, an Urban Air Mobility company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. , a special purpose acquisition company, have announced they have entered into a definitive agreement for a business combination that would result in Archer becoming a publicly listed company. It is anticipated that the post-closing company, Archer, will be listed on the NYSE with ticker symbol “ACHR.” Continue reading