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FlightGlobal • Dominic Perry

Vertical Aerospace closes up to $850M financing for Valo eVTOL after first two-way transition flight

Vertical Aerospace has executed and closed the remaining components of its previously announced comprehensive financing package totaling up to $850 million, following its 14 April success with the company’s first two-way transition flight for the Valo eVTOL. The package had been under phased execution after an agreement-in-principle.

2026-04-20T08:21:15.768308-07:00

Urban Air Mobility News

Dubai International readies world’s first commercial eVTOL vertiport for Joby network

2026-04-16T11:09:38.500074-07:00

eVTOL Insights

MHI RJ Aviation Group to support Horizon Aircraft’s Cavorite X7 hybrid-electric VTOL development

2026-04-10T00:08:52.160299-07:00

Vertical Mag

DOT and FAA pick eight teams — including Archer, Wisk, Beta and Joby — for nationwide eVTOL integration pilots

2026-03-09T13:23:57.755497-07:00

News Timeline

FlightGlobal

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Vertical Aerospace closes up to $850M financing for Valo eVTOL after first two-way transition flight Vertical Aerospace has executed and closed the remaining components of its previously announced comprehensive financing package totaling up to $850 million, following its 14 April success with the company’s first two-way transition flight for the Valo eVTOL. The package had been under phased execution after an agreement-in-principle.

2026-04-20T08:21:15.768308-07:00

Vertical Aerospace closes up to $850M financing for Valo eVTOL after first two-way transition flight

Urban Air Mobility News

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Dubai International readies world’s first commercial eVTOL vertiport for Joby network Dubai International Airport has established and reached technical completion on a commercial vertiport designed for electric vertical takeoff and landing (eVTOL) air-taxi operations, with Skyports delivering the first of four Joby Aviation network vertiports. The Dubai Roads and Transport Authority (RTA) and Skyports Infrastructure say the site is ready to operate.

2026-04-16T11:09:38.500074-07:00

Dubai International readies world’s first commercial eVTOL vertiport for Joby network

eVTOL Insights

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MHI RJ Aviation Group to support Horizon Aircraft’s Cavorite X7 hybrid-electric VTOL development Horizon Aircraft has signed an agreement with MHI RJ Aviation Group (MHIRJ), a Mitsubishi Heavy Industries subsidiary, to advance development of its Cavorite X7 hybrid-electric VTOL aircraft. The deal adds MHIRJ support to Horizon’s ongoing prototype work as the X7 prepares for the next development phase.

2026-04-10T00:08:52.160299-07:00

MHI RJ Aviation Group to support Horizon Aircraft’s Cavorite X7 hybrid-electric VTOL development

FlightGlobal

Joby asks judge to dismiss Archer's claims over China ties and import labeling Joby Aviation asked a US district judge on April 6 to dismiss Archer Aviation’s lawsuit accusing Joby of misrepresenting business ties to China and mislabeling imports on customs forms, calling Archer’s allegations “unsupported and legally infirm” in a formal motion to dismiss.

2026-04-07T12:06:27.320851-07:00

Joby asks judge to dismiss Archer's claims over China ties and import labeling

The Air Current

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United CEO publicly doubts eVTOL airport‑shuttle model, flags concern over Archer tie‑up United Airlines CEO Scott Kirby publicly questioned the commercial viability of eVTOLs as airport shuttles and signalled concern about United's partnership with Archer Aviation. His remarks introduce fresh uncertainty about carriers' willingness to underwrite near‑term urban air mobility launch models and partnerships.

2026-03-24T10:38:46.953442-07:00

United CEO publicly doubts eVTOL airport‑shuttle model, flags concern over Archer tie‑up

The Air Current

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Why Joby, Archer and Beta’s FAA certification is taking so long Joby, Archer and Beta are locked in an extended FAA certification slog as regulators and manufacturers reconcile novel eVTOL designs with legacy certification frameworks. The mismatch between new technology and longstanding bureaucracy is elongating approval timelines, forcing developers to grind through complex means‑of‑compliance work before commercial operations.

2026-03-16T11:19:05.554857-07:00

Why Joby, Archer and Beta’s FAA certification is taking so long

Reuters

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Archer files counterclaim accusing Joby of defrauding U.S. government and hiding China ties in eVTOL contract dispute Archer Aviation filed a counterclaim accusing rival Joby Aviation of defrauding the U.S. government and hiding close ties to China — including Chinese supply‑chain links — to gain an unfair competitive advantage in a U.S. eVTOL contract dispute. The filing escalates an already intensifying legal battle between the two air‑taxi developers.

2026-03-09T23:39:14.763056-07:00

Archer files counterclaim accusing Joby of defrauding U.S. government and hiding China ties in eVTOL contract dispute

Business Wire

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White House selects Joby and Wisk for DOT/FAA Advanced Air Mobility pilot programme across 26 states The U.S. Department of Transportation and FAA, backed by the White House, selected Joby Aviation and Wisk Aero (with Texas) to lead Advanced Air Mobility pilot programmes integrating piloted eVTOLs and autonomous air taxis into the national airspace. Regulators approved trials across 26 states to advance operations and safety.

2026-03-09T17:51:26.574890-07:00

White House selects Joby and Wisk for DOT/FAA Advanced Air Mobility pilot programme across 26 states

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Archer Aviation News

Vertical Aerospace closes up to $850M financing for Valo eVTOL after first two-way transition flight

Dubai International readies world’s first commercial eVTOL vertiport for Joby network

MHI RJ Aviation Group to support Horizon Aircraft’s Cavorite X7 hybrid-electric VTOL development

DOT and FAA pick eight teams — including Archer, Wisk, Beta and Joby — for nationwide eVTOL integration pilots

News Timeline