UK electric air taxi startup Vertical Aerospace has secured a $50 million investment lifeline in a deal that will reduce its ...

Three lawmakers are asking Defense Secretary Lloyd Austin to consider re-grounding the military's fleet of V-22 Ospreys until ...

Archer, which designs electric aircraft for urban air mobility networks, signed a huge deal with a joint venture established ...

The air-taxi industry faces financial difficulties, highlighted by Germany's Lilium succumbing to a cash crisis. Despite ...

The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...

UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...

You could soon be heading to Minorca from Palma on a revolutionary new air taxi service which uses some of the technology ...

Toyota Motor Corporation recently invested $500 million to help support the future of electric air taxi travel.

Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 ...

(Reuters) - UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its ...

The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...

Vertical Aerospace has unveiled a new provisional funding agreement involving a $130 debt-to-equity swap and the provision of ...