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Magazine Issue

Advanced Air Mobility Report, August 16, 2023

VOL. 3 NO. 33 August 16, 2023
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Regulatory

Eve
article

Performance-Based eVTOL Energy Reserves Urged By Industry To FAA

Aug 14, 2023
The deadline for comments on the FAA’s proposed regulations for operations of powered-lift aircraft closed on Aug. 14.

AAM Memo

Joby Aviation air taxi
article

Daily Memo: eVTOL Operators Face Long Road To Profitability

Aug 09, 2023
Many investors bought into electric air-taxi companies in 2021 hoping to find the next Tesla, but instead they may be stuck with the next Uber.

Investment & Finance

article

Publicly Traded eVTOL Startups Report Cash Burn, Liquidity

Aug 14, 2023
Five of the six publicly traded electric-vertical-takeoff-and-landing (eVTOL) startups have reported their financial results for the 2023 second quarter (Q2).
article

Archer Aviation Raises $215 Million Funding Round

Aug 10, 2023
Archer Aviation has raised a $215 million funding round led by automaker Stellantis.
VX4
article

AAM Stocks Drift Lower

Aug 14, 2023
The AAM Stock Composite slid by around 4% in the week ending Aug. 11.

Industry Data

Business

RS.500
article

Swiss Investment Launches ReinerStemme RS.500 Development

Aug 11, 2023
Aero Challenge Group is to invest “a double-digit million Euro sum” in development of the aircraft designed to carry 1,000 kg of payload or eight passengers.
article

Archer Settles Trade Secrets Lawsuit With Wisk

Aug 10, 2023
Archer Aviation has agreed to settle an intellectual property theft lawsuit filed against it by rival Wisk Aero.

Technology

article

Skyports Completes Four-Week Medical Drone Trial In UK

Aug 08, 2023
Skyports Drone Services has announced the successful completion of a four-week drone delivery trial.
article

University Of Michigan Launches 1st Aviation Battery Research Program

Aug 15, 2023
The first dedicated university research program for electric aircraft batteries in the U.S. has been launched by the University of Michigan.
Hybird regional aircraft concept
article

DLR Flies Subscale Hybrid Regional Demonstrator

Aug 10, 2023
German aerospace center DLR has flown a subscale demonstrator of the HyBird concept for a small hybrid-electric regional aircraft.
VX4
article

Accident Damages Vertical Aerospace’s Prototype VX4

Aug 09, 2023
Vertical Aerospace’s VX4 eVTOL prototype suffered significant damage during a remotely piloted flight test at Cotswold Airport in Kemble, England.

AAM Briefs

article

AAM Briefs

Aug 11, 2023
Battle Creek Unlimited has secured $7 million in state funding to support development of an AAM park at Battle Creek Executive Airport in Michigan.

Analysis

article

The Thinking On eVTOL Safety Needs To Evolve

Aug 11, 2023
Another eVTOL technology demonstrator crashes during flight testing. Should the industry be worried?