Cargo logistics - eVTOL Insights

AutoFlight Announces Major Commercial Deal with EvFly “for 205 Prosperity eVTOLs”

Chris Stonor17 March 2023

China-based AutoFlight announced a major deal with EvFly this week, a Singapore-based fleet-management and air-transport company, reports a press release. EvFly is purchasing 205 Prosperity 1 passenger eVTOL and Cargo Aircraft. The first 10 will be ...

LCI commits to acquire up to 40 of Elroy Air’s Chaparral VTOL aircraft

Jason Pritchard11 January 2023

Aviation company LCI has signed an agreement to acquire up to 40 of Elroy Air's Chaparral VTOL aircraft. Under the terms of the deposit-backed agreement, LCI - a subsidiary of Libra Group - will initially acquire 20 aircraft, with an option for a...

Sabrewing’s Rhaegal Cargo UAV Smashes World Record Payload on First Flight

Chris Stonor29 September 2022

California-based, Sabrewing, announced this week that its RH-1-A Rhaegal (pronounced Rye-gull) VTOL air cargo drone has achieved its first hover flight while lifting a record-setting payload, reports a press release. The pre-production air vehicl...

Skyports and Kencoa Aerospace announce project to implement cargo drone deliveries in South Korea

Jason Pritchard8 September 2021

Skyports and Kencoa Aerospace have announced a memorandum of understanding (MoU) to implement cargo drone deliveries to and on South Korea’s Jeju Island. The project aims to significantly enhance logistics capabilities on the country's largest is...

Elroy Air raises $40 million in Series A financing to accelerate the development of its Chaparral VTOL cargo aircraft

Jason Pritchard6 August 2021

Elroy Air has raised $40 million in Series A financing, with company CEO Dave Merrill saying this latest investment will help propel the business to the next phase of development - which includes advancing its certification programmes and completin...