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 ...

Learn about neuromorphic cameras and pilotless air taxis, on the latest episode of drone news podcast Weekly Wings!

By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under ...

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 ...

Lilium's financial crisis underscores significant challenges for Western air-taxi companies, highlighting investment shortfalls and certification delays. While raising $13 billion since 2019, the ...

Joby Aviation hits a 52-week high, driven by Toyota's $500M investment and bullish air taxi prospects. Needham sets an $8 ...

(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 ...