Advanced Air Mobility

The composite’s partial recovery came as the S&P500 continued to drift downward, this week by 3.7%.

The move signals the growing importance of electric power in new aircraft designs.

Shanghai-based Vertax has flown a half-scale model of its design and is targeting certification in 2026.

The aircraft is expected to begin remotely piloted test flights before the end of the year.

Victoria Madden has left her role as British Airways head of global PR and social media to join Vertical Aerospace, the UK-based electric airplane manufacturer, in the new position of head of communications.

While China may dominate the Asian market in terms of orders, it certainly is not alone in terms of joining the advanced air mobility industry.

Ultralight aircraft are usually the simplest of flying machines, often just tube and fabric—no certification, no pilot’s license, no commercial use.

Diamond Aircraft is facing challenges to reaching agreement with regulators on requirements for certification of its eDA40 electric trainer. Battery safety is a key concern for certification, which is planned for 2023.

Details have emerged of two additional consortia bidding to participate in South Korea’s K-UAM Grand Challenge urban air mobility demonstration project.

Australian startup Skyportz has unveiled plans for the first in a network of vertiports to support advanced air mobility.

Regent has taken a step closer toward certification of its Viceroy electric seaglider with receipt of approval in principle (AiP) for the wing-in-ground-effect regional transport from inspection agency Bureau Veritas.

South Korean startup MintAir plans to build an advanced air mobility service using electric rotorcraft and has agreed to order up to 40 aircraft from Jaunt Air Mobility, in addition to a previous commitment for 100 aircraft from Skyworks Aeronautics.

It was a brutal week for the Advanced Air Mobility Stock Composite, which was down close to 40% from the average price of $51 overall on Aug. 22 to $31.15 overall for the five days ending Aug. 29.

Valerie Manning will join the Overair leadership team as its chief commercial officer, transitioning from her current role as senior vice president of Training and Flight Operation Services at Airbus.

Ohio-based Ryse Aero Technologies has begun flight tests of its Recon ultralight electric vertical takeoff and landing vehicle.

Electric propulsion pioneer MagniX is to evaluate high energy-density lithium-sulfur and lithium metal cells from Australian advanced battery startup Li-S Energy.

UK and New Zealand companies have joined forces to develop facilities to enable aerospace companies to test liquid hydrogen fuel systems for flight certification and support the shift to sustainable aviation.

DARPA is launching a program to demonstrate a long-endurance uncrewed aircraft able to operate from warship flight decks and small austere locations in adverse weather.

U.S. startup Jetoptera plans to test a blended wing body model with integrated fluidic propulsion and upper-surface blowing as it bids to win a U.S. Air Force contract to build a prototype high-speed vertical/short takeoff and landing aircraft.

With wildfires raging across Europe, German aerospace center DLR has announced the winners of a university challenge to design an optimized fleet of firefighting aircraft, with first place going to a team from the University of Stuttgart and its hybrid-electric vertical takeoff and landing design.

Mid-decade still looks feasible for the commercial launch of eVTOL air taxi services.

Ottawa and Berlin have committed to a Canada-Germany Hydrogen Alliance to boost investment, production and transatlantic trade in hydrogen, with a goal to export clean hydrogen from Canada to Germany as soon as 2025.

Timothy Obitts, president and CEO of the National Air Transportation Board, is stepping down from his role, effective Sept. 1, 2022.

The AAM Stock Composite (AAMC) fell 3.8% in the past week after staying mostly flat when some Advanced Air Mobility companies were announcing financial results.

The FAA has agreed to a certification basis for Reliable Robotics’ autoflight and navigation systems.