The FAA and U.S. DOT unveil eight projects to integrate eVTOL aircraft into U.S. airspace, with operations starting by summer 2026.
Horizon Aircraft forecasts the Cavorite X7 hybrid VTOL will operate at US$0.97 per seat mile, offering significant cost efficiency over traditional helicopters.
Supernal lays off 296 employees, reducing staff by 80% as Hyundai shifts focus from air mobility to robotics and autonomous driving sectors.
Odys Aviation and Motion Applied partner to create a hybrid-electric propulsion system for VTOL aircraft, targeting cargo flights in 2026 and passenger certification by 2028.
Georgia Tech receives $88 million state funding and $5 million from Delta Air Lines Foundation to build a new aerospace engineering hub.
Archer Aviation secures $2 billion liquidity and FAA approval of safety standards for its Midnight eVTOL, targeting 2026 commercial flights in US and UAE.
Rapita Systems and Avionyx partner to streamline DO-178C DAL A avionics certification, focusing on multicore processors and next-gen aircraft.
Port Authority of NY & NJ pilots autonomous shuttle buses at Newark Airport with three companies to support new AirTrain Newark system opening in 2030.
Joby Aviation reports $30.8M Q4 2025 revenue led by Blade acquisition and Toyota demo. FAA certification advances with Dubai launch planned for late 2026.
Korean Air and Skyports signed an MoU at Drone Show Korea 2026 to develop a unified platform linking eVTOL flight operations with vertiport infrastructure.