German Air Taxi service pioneer Lilium completes funding round worth more than $240 million.

Lilium, the Munich-based aviation company developing an all-electric, vertical take-off and landing aircraft for regional air mobility, today announced the completion of an internal funding round worth more than $240m. The round was led by Tencent, with participation from other … Continue reading German Air Taxi service pioneer Lilium completes funding round worth more than $240 million.

American XTI hybrid electric TriFan 600 eVTOL extends investment offer on StartEngine crowdfunding.

The XTI is a hybrid electric aircraft that has three ducted fans. It takes off vertically and rotates it’s fans horizontally in order to facilitate forward flight and has been in development since 2012. According to EvtolNews XTI CEO Robert … Continue reading American XTI hybrid electric TriFan 600 eVTOL extends investment offer on StartEngine crowdfunding.