The A^3 Vahana team (Airbus's silicon valley venture arm) announced a collaboration with Rescale, a cloud company offering high-performance scientific computing. This would seem to imply that they have progressed far beyond their open source trade study tool released in a blog post back in February (not surprising).
The Israeli company EViation made a splash at their Paris debut by launching their all-electric, 600nmi passenger design (via Flying Mag). The design seems to be positioned in the single-engine turboprop space (a la Pilatus PC-12) and the company outlined a family plan with the earliest variant flying by 2020. An unmanned variant is projected to have 24 hour endurance with a minimal payload.
This photorealistic rendering will need some serious design refinement, though.
(credit: EViation via Flying Mag)
Puget Sound Business Journal reported that local firm Zunum Aero was awarded $800k in grant funding from the Washington State Clean Energy fund, along with several other projects. The fund joins Boeing HorizonX and Jet Blue Technology Ventures as backers of the hybrid-electric propulsion company, which aims to fly a regional-class transport demonstrator by 2020.