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Advanced Air Mobility Report, January 24, 2024 is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

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Magazine Issue

Advanced Air Mobility Report, January 24, 2024

VOL. 4 NO. 4 January 24, 2024
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Finance & Investment

article

Vertical Aerospace Founder Supports Company With $50M Investment

Jan 22, 2024
Vertical Aerospace has announced that its founder and CEO Stephen Fitzpatrick will invest a further $50 million in equity capital.
EHang uncrewed multicopter
article

AAM Stock Composite Slumps 7%, Extends Yearly Decline

Jan 22, 2024
The AAM Stock Composite dropped by 7% during the week ending Jan. 19, extending a losing streak that has seen the index shed nearly 19% since the year's start.
Hunch Air Mobility air-taxi helicopter
article

Indian Air-Taxi Provider Hunch Mobility Plans SPAC Merger

Jan 19, 2024
Hunch Mobility, which provides helicopter air-taxi services in India, plans to be listed on the New York Stock Exchange via a merger with blank-check company.

Business

article

Wing Unveils Larger Delivery Drone

Jan 17, 2024
Wing has introduced a larger delivery drone, sized to fulfill larger orders.
Archer Aviation Midnight eVTOL
article

Archer Adds Two Executives From Delta And Wheels Up

Jan 19, 2024
Archer Aviation has added two executives, each with decades of experience working for major airlines and private aviation.
Overair Butterfly eVTOL
article

India’s JetSetGo Announces Orders From Three AAM Startups

Jan 19, 2024
Indian regional air mobility startup JetSetGo has announced a series of orders that could see it add up to 280 advanced air mobility aircraft into its fleet.
article

ZeroAvia Agrees To Sell 20 Powertrains To India’s MEHAIR

Jan 18, 2024
AAM startup ZeroAvia has entered into a conditional accord to supply 20 of its 600-kW ZA-600 hydrogen-electric powertrains to an Indian regional operator.

Technology

article

Archer Signs NASA Space Act Agreement On Battery Testing

Jan 23, 2024
The Midnight has six of Archer’s proprietary battery packs, each of which contains more than 1,000 cylindrical lithium-ion cells developed by Molicel.
Airbus Helicopters Racer prototype
article

Europe’s Fast Rotorcraft In Race To First Flight

Jan 19, 2024
Europe’s two fast-rotorcraft demonstrator projects are racing to achieve first flight before the EU’s long-running Clean Sky 2 research program finishes.
article

Startup Spotlight: Odys Aviation

Jan 23, 2024
Regional transportation remains the Long Beach, California-based company’s North Star.

Infrastructure

article

Atlantic Aviation Partners With Archer, Joby On FBO Charging Sites

Jan 17, 2024
FBO Atlantic Aviation has signed agreements with Archer and Joby Aviation to install electric aircraft charging sites at a handful of its airport terminals.
article

AAM Spotlight: Bryan Bernhard, Archer Infrastructure Chief

Jan 23, 2024
Bryan Bernhard is Archer's head of growth and infrastructure.
Whisper Aero aircraft concept
article

ReConnecTN Coalition Seeks Unifying Vision For Regional Air Mobility

Jan 23, 2024
Former Uber Elevate leaders build an ecosystem for electric regional aviation.

AAM Briefs

eVTOL aircraft
article

AAM Briefs

Jan 23, 2024
Detroit-based ASX has signed another transaction prototype agreement with the U.S. Air Force’s Agility Prime program.