AirMap's unmanned aircraft systems traffic management (UTM) platform will enable DroneUp to expand its operations to be able to fly drones beyond visual line of sight (BVLOS) of a remote pilot, a capability considered key to the industry’s success.
U.S. commuter airline Southern Airways Express has become the first to place firm orders for a new form of regional transportation, the all-electric wing-in-ground-effect seagliders under development by startup Regent Craft.
Startup Heart Aerospace has selected the Spanish aerostructures company to build the fuselage, empennage and wing for its all-electric regional airliner the ES-19.
Japan’s SoftBank is to issue its first sustainability bond to raise funds for its high-altitude platform system business, which plans to operate solar-powered stratospheric unmanned aircraft as airborne base stations for internet connectivity.
In South Korea Volocopter and Kakao Mobility are to study the feasibility of operating UAM services, a technology that Seoul wants to see commercialized by 2025.
Chinese electric vertical takeoff and landing startup AutoFlight has identified European technology investor Lukasz Gadowski as the source of the $100 million Series A investment announced in September.
Solar-powered aircraft developer Skydweller Aero has partnered with Spanish telecommunications company Telefonica to explore the use of its long-endurance unmanned aircraft to expand cellular coverage.
A growing number of seasoned aerospace executives are bringing their experience to startups working to disrupt aviation. The latest is Fred Cromer, the former President of Bombardier Commercial Aircraft.
Flytrex’s delivery system uses a multicopter drone that flies autonomously beyond line of sight and hovers to safely lower the package by wire to the customer in the ground.
South African aerostructures manufacturer Aerosud aviation has signed a memorandum of understanding with UK startup Samad Aerospace for the development and manufacture of the Starling Cargo unmanned aircraft.
With the South Korean government making a proactive effort to commercialize urban air mobility by 2025, two consortiums have announced plans to develop and test the required ecosystem.
China will likely be the first geographic region to embrace urban air mobility and will dominate the market through 2035 when the U.S. is projected to take over market leadership.
Diehl Aerospace and Thales are to work with Airbus to develop the flight control system for Airbus’ electric vertical takeoff and landing advanced air mobility platform.
When Scott Kirby, 54, took over the CEO position at United Airlines in May 2020 after four years as its president, the airline industry was in its worst-ever crisis.
Talon 1 Acquisition Corp. began trading on the Nasdaq stock exchange Nov. 4 in anticipation of a merger with an aerospace, aviation or related services company.
Two satellite giants are joining forces to further strengthen their position in airline connectivity, but also to exploit space augmentation of terrestrial 5G and communications for unmanned aerial vehicles, air taxis and delivery drones.
Unmanned cargo-aircraft startup Elroy Air has partnered with humanitarian transport operator AYR Logistics to develop an autonomous aerial-delivery service.
Archer, Joby and Lilium together spent almost $132 million in the third quarter on development of their electric vertical takeoff and landing air taxis.
The new unit is independent from the OEM, which was deemed necessary to give Airbus Urban Mobility the nimbleness to react in the dynamic advanced air mobility market.
