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Magazine Issue

Advanced Air Mobility Report, October 30, 2024

VOL. 4 NO. 44 October 30, 2024
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Business

article

Daily Memo: Lights Out For Lilium?

Oct 25, 2024
Lilium has announced its decision to file for insolvency under German bankruptcy law for its two principal subsidiaries; the move did not come as a shock.
wing drone
article

Wing Selects Charlotte For Next U.S. Drone Delivery Market

Oct 03, 2024
Wing has selected Charlotte, North Carolina, to be the next U.S. metro area served by its drone delivery service.
article

CEO Shuffle Marks Shifting Priorities, Electra Founder Says

Oct 08, 2024
he recent decision by U.S. startup Electra.aero to bring on former Boeing executive Marc Allen as new CEO reflects a shift in focus.
Volocity eVTOL in hangar
article

EU Project Tackles AAM Technician Roadblocks

Oct 14, 2024
The AMTech project has created a free educational resource for advanced air mobility services job seekers and employers.
article

Aura Aero Selects Florida’s Volusia County For Planned Factory

Oct 18, 2024
Construction of the planned facility, located at Daytona Beach International Airport, is expected to begin in 2026.
article

Supernal Partners With Blade, Clay Lacy Aviation

Oct 22, 2024
The two companies said they will cooperate on scenario planning.

Finance & Investment

article

Joby Finalizes $232 Million Share Sale

Oct 29, 2024
The transaction saw Joby issue 40 million shares at $5.05/share, raising about $200 million.
article

Vertical Aerospace Creditor Proposes Deal To Raise Up To $75 Million

Oct 28, 2024
A self-described investor in distressed companies, Mudrick Capital is the largest creditor of UK-based Vertical.

Regulatory

Joby Aviation
article

AAM Memo: What Does The SFAR Say About eVTOL Pilot Training?

Oct 25, 2024
With the first eVTOL vehicles expected to enter service in the next couple of years, a key question remains about pilot training and certification.

Technology

VoltAero Cassio 330 rendering
article

VoltAero Postpones Cassio 330 First Flight To Q1 2025

Oct 28, 2024
Hybrid-electric aircraft developer VoltAero has announced another delay in the development of the Cassio 330 five-seater.
article

Fly-Drive eVTOL Designed For Automated End-To-End Logistics

Oct 09, 2024
A subscale prototype of the e350 Flying Cargo Van is planned to fly by 2026.

Infrastructure

article

Atlantic Aviation Begins Electrifying East Manhattan Heliport

Oct 18, 2024
Atlantic has partnered with both Archer and Joby on electrifying its network of FBO facilities across the U.S.

AAM Briefs

article

AAM Briefs

Oct 28, 2024
Dovetail Electric Aviation and Norwegian operator Skydive Voss will collaborate to convert several Cessna Caravans to electric propulsion.