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Magazine Issue

Advanced Air Mobility Report, August 24, 2022

VOL. 2 NO. 34 August 24, 2022
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Technology

VX4 full-scale demonstrator
article

VX4 Demonstrator Leads UK Bid For Share Of eVTOL Market

Aug 15, 2022
Vertical Aerospace’s VX4 eVTOL is set to be the first new UK-certified civil aircraft in 30 years.
Nexus
article

Textron Building Prototype For Nexus Tiltrotor eVTOL

Aug 18, 2022
Textron has restarted work on the Nexus electric vertical takeoff and landing air taxi but moved the program from Bell to a new unit within its eAviation business segment focused on sustainable flight.
Alice
article

Electric Alice Nearing First Flight At Moses Lake

Aug 17, 2022
AeroTEC’s flight-test center in Moses Lake, Washington, will host the first flight of Eviation's Alice.
article

Aurora To Help Develop eVTOL Design Tool Set

Aug 16, 2022
Boeing company Aurora Flight Sciences has partnered with the University of California San Diego to develop tools to automate the design of electric vertical takeoff and landing vehicles under a NASA University Leadership Initiative project.

Investment & Finance

article

AAM Stocks Decline Slightly In Late August Trading

Aug 23, 2022
The AAM Stock Composite (AAMC) fell 3.8% in the past week after staying mostly flat when some Advanced Air Mobility companies were announcing financial results.
article

Aerial Tourism Key To EHang’s eVTOL Plans

Aug 19, 2022
China’s EHang is banking on a post-pandemic recovery in tourism to fuel demand for its autonomous air vehicles and services and is talking to local governments about setting up operating centers in different regions once its EH216S electric air taxi has been certified.
article

American, United Add To AAM Funding

Aug 19, 2022
The primary story on funding in the advanced air mobility industry this month is on cash burn related to research and development, to include certification efforts.

Business

article

U.S. Army Researching Drone To Carry Blood To Wounded Soldiers

Aug 16, 2022
As part of its Project Crimson research effort, the U.S. Army’s Telemedicine & Advanced Technology Research Center is looking for a drone to quickly deliver blood to wounded service members during times when medical evacuation is not possible.
article

AIRO Plans IPO To Fund eVTOL Ambitions

Aug 17, 2022
With the ambition of becoming a midtier aerospace and defense player, AIRO Holdings Group plans an initial public offering to fund its entry into the electric air mobility market.
article

Eve Moves To No. 4 In AAM Reality Index

Aug 19, 2022
Eve Holding climbed from No. 15 to No. 4 in the AAM Reality Index this month, improving its score on the 10-point scale from 7.0 in June to 7.7 in August.
article

Money Accompanies AAM Orders

Aug 19, 2022
A key difference in the advanced air mobility market of August 2022 and previous reports on orders is revenue generation.

Operations

article

Large UAV Will Survey Florida’s Grid For Storm Damage

Aug 18, 2022
As it prepares for the Atlantic hurricane season, utility Florida Power & Light has introduced a first-of-its-kind large uncrewed aircraft that will be able to survey the electric grid across the state to detect storm damage and speed repairs.

Infrastructure

article

Skyports: Funding Vertiports Hard Sell For Local Governments

Aug 18, 2022
Skyports is challenging misconceptions about the development and operation of vertiports as the UK company closes a $26.1 million Series B funding round intended to consolidate its position as a leader in the advanced air mobility infrastructure market.
article

Infrastructure Index Adds Four Companies

Aug 19, 2022
Groupe ADP of France, Beta Technologies, UrbanV and Volatus Infrastructure join the AAM Infrastructure Index this month, bringing to nine the companies included in the index.