Finance

The UK government will be providing £125 million to aerospace manufacturers to boost research and technology in the sector.

AeroMobil has netted more investment from UK venture capital firm IPM and Hungarian entrepreneur Zoltan Varga.

After two years of silence, San-Francisco based autonomous aviation start-up Xwing has revealed details on its operations and funding.

Larry Page has decided to invest in Opener, the company behind the recently revealed BlackFly VTOL.

VTOL manufacturer Jetoptera has completed flight tests on its new fluidic propulsion system and has followed up with an equity issue of $1.5 million.

Boeing’s venture capital fund, Boeing HorizonX Ventures, has led a $16 million investment in Californian drone firm Matternet.

Kitty Hawk has just raised $5 million from its recent capital funding run

XTI Aircraft is planning to increase the price at which it is offering new shares by 50%.