Hyundai has laid off the majority of staff at its California-based advanced air mobility subsidiary Supernal, citing doubts over the future of eVTOL development. According to The Air Current, 296 employees were affected by the cuts, with some remaining in caretaking roles.
Vertical Aerospace has unveiled Valo, an electric vehicle takeoff and landing (eVTOL) aircraft designed for commercial service. Following regulatory approval in 2028, Valo aims to revolutionize urban air mobility with its advanced design and passenger-first approach.
Vertical Aerospace has selected UK-based Evolito to power its new Valo eVTOL aircraft. Evolito will provide an electric propulsion unit with advanced features, including lightweight and efficient architecture.
Seaplane Asia Group and Singapore-based NexAvian have signed a memorandum of understanding to collaborate on advanced air mobility development across Southeast Asia. The partnership combines Seaplane Asia's operational expertise in amphibious aviation with NexAvian's capabilities in emerging aviation technologies.
Joby Aviation reported its 2025 full year financial results on February 25, 2026, with net losses widening to $929.8M despite strong liquidity. The Californian advanced air mobility developer continued to invest in its eVTOL development program, which is advancing towards the final stages of certification with the FAA.
EVE Air Mobility, Embraer's advanced air mobility subsidiary, has completed its maiden flight of an eVTOL prototype at Embraer's test facility in Gavião Peixoto, Brazil. The aircraft successfully exercised control laws and assessed energy management, with behavior matching predictions from models.
Bristow Group has signed a purchase agreement with Electra.aero for five EL9 ultra short takeoff and landing hybrid-electric aircraft plus options for an additional 45 aircraft. A multi-million-dollar pre-delivery deposit was placed to secure the first delivery slot.
Abu Dhabi has unveiled its new vertiport network, designed to connect key destinations with electric vertical take-off and landing (eVTOL) aircraft. The project, announced on November 10, 2025, is a collaboration between the Abu Dhabi Investment Office, General Civil Aviation Authority, Integrated Transport Centre, and Abu Dhabi Airports.