Advanced Air Mobility

U.S.-European startup Cosmic Aerospace has raised $4.5 million in seed financing to progress development of a 24-passenger all-electric regional aircraft.

New Eviation CEO Andre Stein is shifting his focus to electrifying small commuter airplanes for regional air mobility services.

The AAM Stock Composite dropped nearly 7% during the week ending Feb. 2, marking its fourth consecutive weekly decline since the start of 2024.

South Korean drone maker This Is Engineering (TIE) has unveiled a full-scale prototype of its planned autonomous passenger eVTOL air taxi.

BAE Systems has acquired Malloy Aeronautics, a developer of heavy lift quadcopters.

AutoFlight expects certification early this year.

Speaking recently to the AAM Report, Eric Allison, Joby’s head of product, said that he views FBOs as a key part of the “first leg of the infrastructure stool.”

The Swedish electric regional aircraft developer has completed a $107 million Series B funding round, taking the total raised so far to $145 million.

Archer Aviation has announced that its Midnight electric vertical-takeoff-and-landing (eVTOL) aircraft has completed the first phase of company flight testing.

Airbus and Italy’s ITA Airways have expanded their collaboration on advanced air mobility to include vertiport developer UrbanV and Italian energy company Enel.

France is to study Saab’s GlobalEye airborne early warning (AEW) platform as a potential replacement for its Boeing E-3 Sentry.

Xwing completed an autonomous logistics demonstration of its Cessna 208B Caravan aircraft for the U.S. Air Force’s AFWERX Autonomy Prime program.

China’s Liaoning General Aviation Academy has completed the first flight of a prototype four-seat light aircraft powered by hydrogen combustion.

Hydrogen-powered eVTOL startup LuftCar has signed a memorandum of understanding (MOU) with eFrancisco Motors (eFMC).

The AAM Stock Composite declined 2% during the week ending Jan. 26, underperforming major equity markets and building on a weak start to 2024.

What if you could buy a road-drivable electric vertical-takeoff-and-landing (eVTOL) vehicle for the same price of a luxury car–but with even better performance?

Lilium has signed an agreement with parts and repairs provider AJW Group to provide global spares distribution for the Lilium Jet eVTOL.

Embraer spinoff Eve Air Mobility has selected Austria’s FACC to provide the horizontal and vertical tail for its eVTOL air taxi.

Beta Technologies has concluded the first deployment of its Alia electric aircraft to a U.S. military base.

MightyFly has unveiled the third generation of its Centro hybrid electric vertical-takeoff-and-landing cargo aircraft.

Andre Stein, the founder and former Co-CEO of Embraer spinoff Eve Air Mobility, has joined Eviation, the Washington-based startup developing an all-electric nine-passenger airplane called the Alice.

Swiss startup Sirius Aviation has unveiled the ground demonstrator for the hydrogen-electric ducted fan propulsion system for its Sirius Jet project.

Hydrogen-electric propulsion startup ZeroAvia has completed initial testing on the internally developed silicon-carbide power inverter.

The UK is seeking input on the design of vertiports at existing airfields.

Overair has partnered with Clay Lacy Aviation to introduce advanced air mobility (AAM) services in Southern California.