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Eve Air Mobility Announces $94M New Equity to Support eVTOL Development

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By Eve Air Mobility

July 10, 2024

Manufacturing & Distribution

Eve Air Mobility, a global electric vertical take-off and landing (eVTOL) aircraft manufacturer and services provider, has announced $94M in new equity financing from multiple investors. The new funding strongly positions the company for future success and will support the continued development and manufacturing of the company’s eVTOL.

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Kratos Defense & Security Solutions, Inc., a technology company in Defense, National Security and Global Markets, announced the successful demonstration of the second of three Valkyrie launch methods: the Kratos Trolley Launch System.

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Intelligent Energy has collaborated with Aurora Flight Sciences to help power the next generation of Aurora uncrewed aircraft systems through the use of fuel cell technology.

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The Air Force will likely award a contract or contracts for the first increment of Collaborative Combat Aircraft in late September or early October, sources familiar with the program said. It’s not yet been decided if the Air Force will carry one or both of its Increment 1 competitors—Anduril and General Atomics—into the next phase of development.

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A2Z Drone Delivery, Inc has announced an upgrade to its flagship delivery drone, the RDSX Pelican. The Pelican will now be offered with a more easily modifiable flight controller enabling customers to more readily integrate their customized flight systems and companion software with the extended range hybrid VTOL delivery drone.

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MatrixSpace has been selected by AFWERX for a $1.25M Direct-to-Phase II SBIR to develop a prototype low SWaP-C multi-function, multi-band antenna payload, based on the MatrixSpace Radar hardware platform.

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National Center for Autonomous Technologies at Northland Community & Technical College receives second consecutive award, leading the education of the nation's Autonomous Systems Skilled Technical Workforce.

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Senator Hoeven recently invited Air Combat Command Commander to North Dakota to review and strengthen Grand Forks Air Force Base missions, advance partnerships with University of North Dakota and Grand Sky

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The L3Harris Technologies Advanced Baseline Imager is set to launch June 25 from NASA’s Kennedy Space Center in Florida onboard NOAA’s Geostationary Operational Environmental Satellite.

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The Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) have pledged to work together to meet the challenges of a fast-changing and evolving aviation industry and the increasing speed of development of future technologies.

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Vigilant Aerospaces' FlightHorizon airspace management and uncrewed traffic management (UTM) system has been selected as the airspace management system for the Skyway36 droneport in Tulsa, Oklahoma.

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RapidFlight has been awarded a contract valued up to $10 million by the United States Department of the Air Force (DAF) AFWERX Autonomy Prime program to develop and produce a customizable, autonomous, fixed-wing aircraft system, the SPX.

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The Air Force Armament Directorate and the Defense Innovation Unit (DIU) have partnered to identify and prototype commercial and dual-use technology solutions for an enterprise test vehicle that demonstrates modularity for subsystem upgrade testing.

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Aerodata announced the official introduction of the AeroForce® 380 Unmanned Aircraft System for maritime surveillance at the ILA Berlin Air Show 2024.

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Archer Aviation Inc., a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced its subsidiary, Archer Air, has received its Part 135 Air Carrier & Operator Certificate from the Federal Aviation Administration (FAA).

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The Association for Uncrewed Vehicle Systems International (AUVSI) announced the publication of a memo, with validation from the Defense Innovation Unit (DIU), with procurement guidance and recommendations for federal government agencies; state, local, and tribal government agencies; public safety agencies; and private industry conducting sensitive missions using drones.

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Airbus will be presenting its new Wingman concept at the International Aerospace Exhibition ILA in Berlin.

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General Atomics Aeronautical Systems, Inc. (GA-ASI) announced that the Army National Guard has ordered 12 Gray Eagle 25M (GE 25M) Unmanned Aircraft Systems paid for as part of 2023 congressional funding.

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Skydio, the leading U.S. drone manufacturer and world leader in autonomous flight, announced that Skydio X10D has been added to the U.S. Department of Defense's (DoD) Blue sUAS (small uncrewed aerial systems) Cleared List.

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NOAA partners with GrandSKY, Synoptic Data PBC and Meteomatics on research project in North Dakota to deploy advanced weather drones to gather upper air observations to determine usefulness to weather forecasting.

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Senator John Hoeven announced that the Department of Defense has tasked Project ULTRA, a new unmanned aerial systems initiative the senator established and funded, with developing the capability to deliver military cargo using UAS.

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Northrop Grumman Corporation (NYSE: NOC) and Andøya Space signed a Memorandum of Understanding formalizing their collaboration to support Norway’s Long Term Defense Plan. This includes developing advanced autonomous maritime intelligence, surveillance and reconnaissance capabilities to meet Norway’s priorities.

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Leveraging the unique ecosystem in Grand Forks, which includes the extensive capabilities of the Northern Plains UAS Test Site and North Dakota’s unique operational flight test environment, Project ULTRA capitalizes on the existing Beyond-Visual-Line-of-Sight capabilities already in place and approved by the Federal Aviation Administration.

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Grand Forks County, in collaboration with GrandSKY, announced the launch of Project ULTRA (UAS Logistics, Traffic, Research, and Autonomy), an innovative initiative aimed at enhancing the Department of Defense’s (DoD) capabilities through advanced unmanned aerial systems (UAS) technology.

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BRINC unveils the Responder drone and Responder Station, a new drone platform and docking station, to enable city-wide drone as first responder deployments.

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DARPA’s AdvaNced airCraft Infrastructure-Less Launch And RecoverY program, known as ANCILLARY, shows six design concepts for a low-weight, large-payload, long-endurance VTOL uncrewed X-plane. The innovative configurations and critical technology designs come from a wide array of performers, from small start-up to legacy aerospace companies, broadening the network of partners contributing to the program.

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Senator John Hoeven announced the start of Project UAS Logistics, Traffic, Research and Autonomy (Project ULTRA), a new effort to leverage UAS technology on behalf of our men and women in uniform.

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Osage Nation’s Skyway36 Droneport and Technology Innovation Center announced the commencement of construction of WindShape’s cutting-edge UAS testing facility. Spanning 19,000 square feet, this facility marks a milestone in WindShape's commitment to revolutionizing emerging aerospace technology through advanced research, development, testing, inspection, certification and validation processes.

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The civil drone manufacturer JOUAV, has unveiled its latest VTOL hangar drone 2nd generation, the JOS-C800. This advanced "drone-in-a-box" solution is designed to enhance fully-automated drone operations across various industries, offering a smarter, more efficient, and versatile solution for businesses looking to optimize their routine operations through automated aerial technology.

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Northrop Grumman Corporation has been selected by the Defense Advanced Research Projects Agency (DARPA) for the next design phase of its autonomous vertical takeoff and landing aircraft, as part of the AdvaNced airCraft Infrastructure-Less Launch And RecoverY (ANCILLARY) program.

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