SMG Consulting and Saudi Excellence Co. have signed a memorandum of understanding to jointly promote and explore potential use cases for AAM in Saudi Arabia.
Australia startup AMSL Aero has completed the first tethered hover test of its Vertiia electric vertical takeoff and landing full-scale technology demonstrator.
Japan’s Toray Industries is to establish a materials research center for sustainable technologies and next-generation mobility, including eVTOL vehicles.
While the list shares some of the top names in common with comparable rankings from SMG Consulting and Aviation Week, there are also some notable differences.