Embraer spinoff Eve Holding has signed an agreement with on-demand helicopter service provider Blade India that covers electric air taxis and urban air traffic management software.
The U.S. Air Force AFWerX Agility Prime initiative has added Mayman Aerospace to the list of companies receiving support to develop new-generation vertical takeoff and landing aircraft.
Universal Hydrogen CEO and co-founder Paul Eremenko has another project lined up toward meeting his long-held goal of transforming regional air transportation
Electric Power System has secured another battery pack supply contract in the emerging electric aircraft market with its selection to provide the energy storage system for Ampaire’s hybrid-electric Eco Caravan conversion of the Cessna Caravan single-turboprop utility aircraft.
Detroit startup Airspace Experience Technologies has completed the first hover flight of its proof-of-concept Sigma Six, a tiltwing electric vertical takeoff and landing vehicle with interchangeable plug-and-play payloads for defense, emergency response, cargo and passenger transport missions.
A team led by Hanwha Systems plans to launch South Korea’s first commercial urban air mobility service in 2025 linking tourist destinations on Jeju Island using Joby Aviation electric vertical-takeoff-and-landing (eVTOL) air taxis.
Swedish startup Jetson is closing a $10 million seed round to fund production of its single-seat ultralight electric vertical takeoff and landing vehicle.
Oklahoma and Arkansas are making a bid to be a hub for research, development and production for advanced mobility, including drones, air taxis and technologies such as batteries and autonomy.
Eve Holding helped push the AAM Stock Composite up by 2% for the five market trading days ending Sept. 12 when compared to the previous five-day period.
Finland has opened the LIFT Future Aerospace Center, which aims to strengthen aviation research, development and innovation in the country through public and private cooperation.
“Much of the focus in advanced air mobility today has been on the vehicle,” says David Stepanek, the Bristow Group’s chief transformation officer. “There hasn’t been a lot of focus, or any focus at all, on what happens after production."
Luxury hoverbike developer Aerwins Technologies has announced plans to go public through a deal with Hawaii-based special-purpose acquisition company Pono Capital.
While China may dominate the Asian market in terms of orders, it certainly is not alone in the Asia-Pacific region in joining the advanced-air-mobility (AAM) industry.
