Electric aircraft developer Beta Technologies has raised an additional $318 million through a Series C funding round led by the Qatar Investment Authority.
The ES1000, from Beijing-based manufacturer Yifei Aviation Technology, uses distributed hybrid-electric propulsion and blown lift for short takeoff and landing.
Shenyang Aviation Industries Group has reached out to Italy's Manta Aircraft to partner on a V/STOL design that could now be developed and manufactured in China.
Lilium has announced its decision to file for insolvency under German bankruptcy law for its two principal subsidiaries; the move did not come as a shock.
The company is developing what it calls a Generation-0, near-conformal demonstrator version of its planned Ultra Short nine-passenger hybrid electric STOL.