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Publicly traded Blade Air Mobility, Inc. is getting increased investment from RedBird Capital Partners.
European charter operator GlobeAir has signed a memorandum of understanding (MOU) with eVTOL manufacturer Lilium N.V. The intention is to purchase 12 aircraft.
NetJets is jumping into the market of first-generation electric vertical vehicles. The unit of Berkshire Hathaway has signed a memorandum of understanding with Lilium to buy up to 150 of the zero emissions aircraft.
Blade Air Mobility, Inc. (NASDAQ: BLDE) and Eve Urban Air Mobility Solutions, Inc., a subsidiary of Embraer S.A. (“Embraer,” NYSE: ERJ), announced an arrangement for Eve to provide Blade up to 60,000 hours of flight time per year on its eVTOLs beginning in 2026 for use in Southern Florida and West Coast markets.