Ronan Daniel

🚀 Eve Air Mobility, a Brazilian eVTOL specialist and Embraer subsidiary, raised $230 million (€210 million) to advance its electric aircraft, Eve 100, for a 2027 launch. Investors include BNDES and Embraer. Shares priced at $4.85 are listed on the NYSE and São Paulo exchanges. The funding will cover costs in Brazil, aiming to tackle urban congestion. A deal with Future Flight Global foresees producing dozens of eVTOLs for the U.S. and Brazilian markets.

🛫 Webjet acquires Melbourne-based Locomote for $17 million (approx. €14.7 million), with an additional $6 million contingent on achieving EBITDA targets in three years. This acquisition accelerates Webjet's business travel expansion plan by three years, enabling savings, and introduces the "Webjet Business Travel" branding. Webjet aims to double its activities by 2030, focusing on international flights, package sales, hotel bookings, and loyalty mechanisms, retaining Locomote's leadership, including CEO Ross Fastuca.

🚀 Chalo, a leader in Indian public transport technology, upgraded its data infrastructure with Quantiphi and Snowflake, enhancing operations in 67 Indian cities and 23 internationally, cutting data migration costs by 50%. 🇮🇳 Gold Medal partners with TProfile to streamline flight booking via API for UK travel agents. 🛫 Pangea Aerospace rebrands to Pangea Propulsion, raising €23 million to focus on space propulsion systems. 🚀 H55's electric aircraft technology makes the Bristell B23 Energic 30x quieter in cruise, improving training conditions with 60 dB noise levels. 🌍

✈️ Israeli startup AIR raised $23 million in a Series A round, led by Entrée Capital, to accelerate the development of its eVTOL aircraft and expand its U.S. presence. The cargo eVTOL offers a 160 km range and 220 km/h top speed, supporting 250 kg. 15 cargo eVTOLs are due for delivery this year. AIR has over 2,500 preorders for the AIR ONE model and recently opened a 3,000m² production site in Israel.