Germany’s Volocopter filed for insolvency in December, Airbus SE shelved its eVTOL program last month and Lilium NV is scrambling for funding. Vertical has hired some workers from its European and US ...

NEOM, Saudi Arabia’s flagship futuristic mega-city, has achieved a significant milestone by closing a landmark $3 billion export credit agency (ECA) financing agreement with Italy’s SACE. This ...

Neom representative Denis Hickey (the former cricketer) explained that the first phase of the Line is now well underway and that once it's complete – which should be by 2030 along with the ...

Notably, NEOM, Saudi Arabia's $1.5 trillion megacity project, invested $175 million in Volocopter in 2022. NEOM planned to integrate Volocopter's air taxis into its futuristic city design ...

NEOM secured on Monday a landmark financing agreement with Italy’s SACE, securing approximately $3 billion under a long-term multicurrency untied facility. With this move, NEOM aims to support the ...

This vision captured the attention of global investors. Notably, NEOM, Saudi Arabia's $1.5 trillion megacity project, invested $175 million in Volocopter in 2022. NEOM planned to integrate ...

Significant construction work is underway across multiple key regions of NEOM, according to Dennis Hickey, Chief Development Officer of NEOM. Speaking at NEOM House during the ongoing World Economic ...

Saudi Arabia - Significant construction activities are already underway across several of NEOM's key regions, said Dennis Hickey, Chief Development Officer of NEOM, at a presentation at NEOM House ...