Advanced Air Mobility

Vertical Aerospace says it has enough cash to make it into the second quarter (Q2) of 2025.

The phrase “Valley of Death” describes the stage in which startups have begun operations but don’t yet have customers, and therefore revenues.

Joby was the biggest gainer last week with a nearly 16% increase to $5.53.

MD is the latest company to throw its hat into the emerging regional air mobility sector, with plans for an electric 10-seater called the MDA1.

The final tranche of funding for hydrogen-electric propulsion startup ZeroAvia came from the Scottish National Investment Bank.

Acquired by Airbus in 2001, Poland’s PZL-Okecie produced more than 1,000 of the four-seat Wilgas between 1967 and 2008.

Heart also plans to fly the X1 within the next six months from a yet-to-be-decided airport in the U.S., which would make it the first new-generation hybrid aircraft to reach that milestone.

The advancement of hydrogen and electric propulsion research at Royal NLR comes as several Netherlands-based companies are designing new-generation aircraft.

Lilium's board turnover comes on the heels of the Bavarian state government clearing the way for a €50 million ($55 million) loan guarantee to support the AAM outfit.

Tests included simulating the failure of one of the aircraft’s eight electric propulsion units (EPU) while in piloted tethered flight.

The company is also anticipating receipt of its G-1 Certification Basis from the FAA “any day now.”

Airbus UAM CEO Balkiz Sarihan tells Aviation Week the CityAirbus NextGen full-scale eVTOL prototype is on track to make its first flight before year-end.

Joby on Sept. 10 presented a letter of intent to the UAE General Civil Aviation Authority.

The Bavarian state government has cleared the way for a €50 million ($55 million) loan guarantee to support advanced air mobility startup Lilium.

Eve Air Mobility is now aiming to fly its full-scale engineering prototype “early next year,” CEO Johann Bordais says.

The sell-off coincided with a weak week on Wall Street.

The company has also detailed a three-step product strategy.

The governments have approved a 2.96 trillion won ($2.2 billion) project to regenerate the area around Gimpo.

Swiss startup Jekta has announced an order from South Korean lessor Solyu for 30 of its PHA-ZE 100 hydrogen-electric seaplanes.

Aircraft serial number 0001 is being assembled at Bye’s facilities at Centennial Airport in Denver.

The testbed aircraft made its first flight in June from the company’s test facility at California’s Mojave Air & Space Port.

2024 was supposed to be the year that eVTOL air taxis launched services, but by mid-year it was apparent that goal was no longer obtainable.

Under the new rule, uncrewed aircraft system operators will be able to obtain temporary frequency assignments.

Ampaire has completed the critical design review for conversion of the Beechcraft King Air to hybrid-electric propulsion.

Beta is installing 22 chargers at locations along the U.S. East and Gulf Coasts.