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Magazine Issue

Advanced Air Mobility Report, February 21, 2024

VOL. 4 NO. 8 February 21, 2024
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Technology Developments

article

Stealth Startup Alaka’i Flight Testing Two Fuel Cell eVTOL Prototypes

Feb 16, 2024
Alaka’i Technologies is flight testing two hydrogen fuel cell-powered electric vertical-take-off-and-landing vehicles on a near-daily basis.
article

JAXA’s Lift-Offset Concept Improves Multicopter eVTOL Performance

Feb 20, 2024
Japanese researchers are studying the design for a multicopter electric vertical-takeoff-and-landing air taxi.
article

Merlin To Demo Flight Automation On U.S. Air Force KC-135

Feb 14, 2024
U.S. startup Merlin plans to demonstrate its autonomous flight technology on a Boeing KC-135 aerial refueling tanker under an agreement with the U.S. Air Force.
article

Russia’s SibNIA Flight Tests Partizan Ultra-STOL Demonstrator

Feb 16, 2024
Russia’s Siberian Research Institute for Aviation has performed the first test flight of Partizan, its ultra STOL transport aircraft demonstrator.

AAM Stock Composite

article

AAM Stock Composite Traded Flat Last Week

Feb 20, 2024
The AAM Stock Composite barely budged during the week ending Feb. 16, inching up by 0.1%, compared to a 0.4% decline in the S&P 500.

Investment & Finance

article

UK Government Funds Vertical’s eVTOL Propellers Development

Feb 20, 2024
Startup Vertical Aerospace has won an £8 million ($10 million) grant from the UK government to develop next-generation propellers for its VX4 eVTOL air taxi .

Industry Data

Infrastructure

Joby S4 air taxi
article

Skyports CEO Views Dubai As First Launch Market For UAM

Feb 16, 2024
Dubai has emerged as one of the early major markets for urban air mobility, including plans to serve as a key international launch market for Joby Aviation.

Business

article

Diamond’s Chinese Owner Signs eVTOL Accord With Global Carmaker

Feb 07, 2024
The foreign carmaker is not identified, but Volkswagen Group China in 2022 built and flew a full-scale demo for an autonomous four-passenger eVTOL.
article

MagniX To Announce New CEO Within Weeks

Feb 20, 2024
Electric propulsion pioneer MagniX expects to name a new CEO in the coming weeks.
eVTOL aircraft
article

Lilium Agrees To eVTOL Deal With Philippine Operator PhilJets

Feb 20, 2024
PhilJets, a regional operator in the Philippines, has signed a deal with Lilium to set up a high-speed regional air mobility service in Southeast Asia.

Regulatory

article

Wisk Sees Path To Autonomy Without Rule Changes

Feb 12, 2024
The company believes there is a path to operate its uncrewed air taxis on commercial services without the need for new FAA rulemakings.

Analysis

Joby Aviation aircraft
article

Gap Widening Between eVTOL Market Leaders And Followers

Feb 09, 2024
Aviation Week ranks the 15 leading companies in the nascent eVTOL market.

AAM Briefs

EHang EH216-S aircraft
article

AAM Briefs

Feb 20, 2024
Aura Aero is to receive €13.2 million ($14.1 million) in government funding to support development of the Era hybrid-electric 19-seat regional airliner.