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Magazine Issue

Advanced Air Mobility Report, May 8, 2024

VOL. 4 NO. 19 May 08, 2024
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Finance & Investment

Lilium aircraft assembly
article

Lilium And Volocopter Warn They May Need To Sell And Leave Germany

May 03, 2024
The two German air taxi companies need state support to exit a funding crisis, but party politics and risk aversion may force their sale to foreign investors.
Stock prices promo
article

AAM Stock Composite Little Changed Last Week

May 06, 2024
The AAM Stock Composite was little changed during the week ended May 3, declining by around 1%, while the S&P 500 ticked up 0.5%.
Volant Aerotech va25-2
article

China’s Volant Aerotech Adds Funds To Continue eVTOL Development

May 06, 2024
Chinese startup Volant Aerotech has completed a 100 million yuan ($14 million) funding round to continue development of its VE25-100 eVTOL air taxi.

Technology

article

Joby Moves To Begin Flight Testing With Production Aircraft

May 02, 2024
Joby said it will launch into flight testing with production prototypes of its S4 air taxi.
H2Fly
article

Germany Funds High-Power Aviation Fuel Cell Development

May 07, 2024
A consortium led by H2Fly has received German government funding to develop a 350-kW hydrogen fuel cell system designed for commercial aircraft applications.
article

Handle With Care: Lessons From Vertical’s VX4 Crash

May 03, 2024
Published on May 2, the UK Aircraft Accident Investigation Branch (AAIB) report confirms company statements immediately following the Aug. 9 incident.
H3 Dynamics
article

H3 To Supply Fuel Cell For Airbus Hydrogen APU Flight Demo

May 07, 2024
The goal of HyPower is to demonstrate the stable operation of a fuel cell in flight, including its restart.
Clean Sky 2 Scaled Flight Demonstrator
article

Europe’s Distributed Electric Propulsion Testbed Flies

May 07, 2024
A subscale flight demonstrator of distributed electric propulsion for large passenger aircraft has made its remotely piloted first flight.
MagniX
article

MagniX Set For Second Phase Of NASA Electric Tests

Apr 30, 2024
The work will culminate with flights of a De Havilland Dash 7 regional airliner modified with a hybrid-electric propulsion system in 2026.

Business

article

Vertical Aerospace Appoints New CEO In Leadership Shuffle

May 01, 2024
Vertical Aerospace has announced the appointment of Stuart Simpson as new CEO, replacing founder Stephen Fitzpatrick, who will join the company’s board of directors.
article

Whisper Says Its Leaf Blower Tech Will Propel Its Aerospace Business

Apr 30, 2024
Whisper Aero is building its aerospace business around a seemingly unlikely product—a leaf blower.

Regulatory

article

AutoFlight Begins Certification Work On Prosperity eVTOL Air Taxi

May 03, 2024
AutoFlight’s V2000CG CarryAll received Chinese type certification on March 22, the first certification of a winged eVTOL aircraft in the world.
article

Corridor Approval Paves Way For MightyFly Delivery Demos

May 03, 2024
Founded in 2019, MightyFly says it is the first developer of large autonomous cargo eVTOL aircraft to receive an FAA flight corridor approval.

Infrastructure

article

Skyports To Develop Vertiport Network In Ras Al Khaimah Emirate

May 07, 2024
Skyports Infrastructure and the government of Ras Al Khaimah have agreed to develop a vertiport network to facilitate air-taxi services beginning in 2027.

AAM Briefs

Intelligence promo image
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AAM Briefs

May 07, 2024
The following items contain news of various AAM companies and organizations.

Industry Data