TCab Tech announces it has raised an additional 20 million USD in its Series A financing. The exclusive investment comes from a strategic investment fund which plans to introduce the air-taxi application in the Middle East region. TCab passenger-carrying E20 eVTOL is a tilt-rotor configuration, a 5-seater (1pilot+4pax) equipped with six rotors, four tilt and two lift rotors, and a high gull-wing with a conventional tailplane design. The eVTOL targets a maximum design range of 200km, and a cruising speed of 260km/hour. It is most efficient for commuting between 30 – 150km.
Apart from China which has been identified by many reports as the single largest market for air-taxi application, TCab Tech also believes that there are strong demands for E20 eVTOL in the Middle East, Southeast Asia, and the "Belt and Road" regions because these fast-developing regions would benefit from integrating air-taxi into their transportation infrastructure for aerial-sightseeing and inter-city travel.
With this financing, TCab Tech intends to accelerate the development of E20 aircraft and airworthiness certification goals and ultimately, the commercialization of the E20 eVTOL.
Embraer and LATAM Airlines Group have signed a Component Pool Program agreement to support the airline's introduction of 24 Embraer E195-E2 aircraft. In addition to the firm order, LATAM retains o...
Information Design One AG, the Frankfurt-based aviation technology company behind the aFuel platform, has achieved a major operational milestone. During the first half of 2026, aFuel processed 50...
Air France has announced the first additions to its Summer 2027 schedule, strengthening its North American network with the launch of new nonstop services to Nashville, Tennessee, and San Diego, Calif...
Deutsche Aircraft is advancing the next chapter of regional aircraft manufacturing in Europe with the construction of a new production facility at Leipzig/Halle Airport. To support the site's...
