air taxi Archives - eVTOL Insights

Volocopter secures €200 million in Series D Funding to help bring its VoloCity eVTOL to certification

Jason Pritchard3 March 2021

Volocopter has raised €200 million ($240 million USD) in Series D funding, which will help accelerate its VoloCity eVTOL air taxi to certification and the launch of its first commercial routes within the next two years. It brings Volocopter's tot...

University of California San Diego awarded $5.8 million NASA grant to accelerate rapid development of eVTOL aircraft

Jason Pritchard17 February 2021

A team of engineers from the University of California San Diego have received a University Leadership Initiative grant worth $5.8 million from NASA, to create computational design tools so US companies can increase the speed at which they can develo...

Solvay to develop composite structure of Vertical Aerospace’s VA-1X eVTOL; flight tests of first prototype to begin this year

Jason Pritchard10 February 2021

Solvay will develop the composite structure of Vertical Aerospace's VA-1X eVTOL aircraft as part of a new partnership. Together, both companies will now work on developing the first flying prototype ahead of flight testing in September. Unveiled ...

Project to explore idea of eVTOL air taxi services in South West of UK awarded government grant funding

Jason Pritchard26 January 2021

A consortium led by Atkins and involving Vertical Aerospace and Skyports has secured an industrial research grant from the UK Government to look at the feasibility of an eVTOL air taxi service in the South West region. A trial could begin as early a...

Former Airbus CEO Tom Enders joins Lilium’s board and brings significant industry expertise

Jason Pritchard12 January 2021

Tom Enders - who was Chief Executive Officer at Airbus for more than a decade - has joined the board at Lilium, which is continuing to develop its eVTOL air taxi - the Lilium Jet. Since the German startup's conception in 2015, Lilium has been sup...

Volocopter to launch its eVTOL air taxi services in Singapore by 2023

Jason Pritchard9 December 2020

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Volocopter confirms its intention to launch air taxi services in Singapore by 2023

Jason Pritchard9 December 2020

Volocopter has committed to launch its VoloCity air taxi service in Singapore within the next three years, putting the city-state in pole position to be one of the first regions in Asia to begin Urban Air Mobility operations. The German startup ...

Interview: Roland Berger provides extra insight into recent Urban Air Mobility study

Jason Pritchard7 December 2020

After Roland Berger published its latest study on the potential of Urban Air Mobility, which estimates the market to be worth $90 billion by 2050, eVTOL Insights spoke to principal Stephan Baur and partner Manfred Hader in more detail. The report...

Lilium welcomes Geoffrey Richardson as its new Chief Financial Officer

Jason Pritchard20 November 2020

Lilium has appointed Geoffrey Richardson as its new Chief Financial Officer, who will work with CEO Daniel Wiegand on the German aviation firm's next phase of accelerated growth. Based in Silicon Valley, Richardson brings more than 20 years' ex...

Southwest Research Institute in Texas receives $7.2 million contract to test AI in air taxi design project

Jason Pritchard18 November 2020

Southwest Research Institute (SwRI) has received a four-year contract worth more than $7.2 million from the U.S. Department of Defense’s Defense Advanced Research Project Agency (DARPA), to develop air taxi technology and test the design capabilitie...

Roland Berger’s latest study predicts 160,000 air taxis by 2050, and the Urban Air Mobility market to be worth $90 billion

Jason Pritchard13 November 2020

Roland Berger has released its latest study about Urban Air Mobility, which estimates that about 160,000 commercial air taxis will be operational in skies above the world's cities by 2050. The report, which was released earlier this week, also pr...

Spain’s first air taxi demo flights to take place in Barcelona and Santiago de Compostela by 2022

Jason Pritchard9 November 2020

Spain's national air navigation authority, ENAIRE, has announced plans to begin the country's first air taxi demonstrations in Barcelona and Santiago de Compostela by 2022. The news was announced last week by Angel Luis Arias, the General Directo...