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Magazine Issue

Advanced Air Mobility Report, August 14, 2024

VOL. 4 NO. 33 August 14, 2024
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Finance & Investment

article

Archer Details Stellantis Funding Commitment; Raises $175M

Aug 09, 2024
The startup also announced a new $175 million equity raise.
article

UK Government Backs Hydrogen-Electric Powertrain Developments

Jul 22, 2024
A GKN Aerospace-led project to develop and test a 2-megawatt cryogenic hybrid-electric propulsion system is one of five to be backed by UK government funding.

AAM Stock Composite

article

AAM Stock Composite Steadies Following Sell-Off

Aug 12, 2024
The 1% weekly gain in the AAM Stock Composite came during a week when the S&P 500 traded flat.

Infrastructure

article

Archer Says Georgia Factory On Track For Completion By Year’s End

Aug 07, 2024
Archer says it is on track to complete construction of its high rate manufacturing facility in Covington, Georgia, by year’s end.
article

Archer Unveils Planned Los Angeles Vertiport Sites

Aug 08, 2024
Archer Aviation has released new details about its planned air taxi network in Los Angeles, one of the startup’s key launch cities, which it says can become operational as soon as 2026.
article

EAMaven Forecasts Huge Market For Cranfield’s Hydrogen Islanders

Jul 25, 2024
Taking the market opportunity as a whole, EAMaven identifies a target market of 416 million travelers.

Technology Developments

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Joby Rolls Out Third S4 Production Prototype

Aug 08, 2024
Joby’s first production prototype was rolled out in late June from its low-rate manufacturing facility in Marina, California.
article

Electra Completes Hybrid eSTOL Demos At NASA Langley Center

Aug 07, 2024
The EL-2 Goldfinch is a two-seat technology demonstrator that combines hybrid-electric propulsion with a blown-lift architecture.
Zeroavia Dornier 228
article

ZeroAvia To Extend UK Test Flights As Ecojet Firms Up Engine Order

Jul 26, 2024
UK regional airline startup Ecojet has signed an agreement to purchase 22 ZeroAvia ZA2000 hydrogen-electric powertrains.
article

Battery Innovation Extends High-Power eVTOL Cycles Fourfold

Jul 22, 2024
Electric vehicle makers are more concerned with battery energy capacity rather than power capability.
article

Lyten, Aevex Team On U.S.-Sourced Batteries For U.S.-Made Drones

Aug 07, 2024
Aevex manufactures loitering munitions and uncrewed surface vessels in Tampa, Florida.
1-mw motor
article

RTX Motor Developments Move Closer To Hybrid-Electric Flight Tests

Jul 22, 2024
RTX’s strategic push toward more sustainable hybrid-electric aviation is accelerating with key advances in motor, motor-generator and control technologies.

Business

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Volocopter Performs Crewed Demo Flight From Paris Vertiport

Aug 08, 2024
The flight was planned to coincide with Paris' hosting of the 2024 Summer Olympics.
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Eve Reiterates Plans To Begin Flight Testing By Year’s End

Aug 07, 2024
Constructed at Embraer’s Gavião Peixoto site in Brazil, the first Eve prototype was rolled out at a company event in July.

Regulatory

training pilots dual-seta in beta alia ctol
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Beta Gets FAA Approval To Begin Dual-Seat eVTOL Pilot Training

Aug 07, 2024
Beta Technologies has received FAA approval to commence dual-seat pilot training in its all-electric Alia vertical-takeoff-and-landing (VTOL) aircraft.