Advanced Air Mobility

Among air taxi OEMs, Eve Air Mobility was the only gainer, rising around 5% to $2.81.

CEO Dirk Hoke will leave Volocopter in February 2025 and Dieter Zetsche, former CEO of Daimler-Benz, has been named Chairman of the AAM startup's Advisory Board

Brisbane's transport plan foresees UAM offering faster travel options to regional spots such as Gold Coast and direct access to the city center from major hubs.

China’s AeroHT, a subsidiary of electric vehicle manufacturer XPeng, has publicly debuted its Land Aircraft Carrier, but slipped first deliveries of the combination ground-air vehicle into 2026.

Aura Aero is closing in on certifying an aerobatic two-seater and working to raise the required equity to develop its 19-seat hybrid-electric regional aircraft.

Cycle life determines the economics of using batteries for applications including electric aircraft.

Funds raised will also be used to accelerate commercialization of the RX1E-A two-seat electric light sport aircraft.

Hydrogen’s energy density per unit mass is three times that of kerosene.

Archer appears to be on track to roll out its first conforming Midnight air taxi during the fourth quarter.

Japanese electric vertical-takeoff-and-landing (eVTOL) aircraft developer SkyDrive has raised additional funding from its Series C round.

Boeing’s former head of strategy, Marc Allen, is joining electric aircraft startup Electra.aero as CEO.

With a takeoff weight of 54 lb., the Skiron-XLE complies with FAA Part 107 regulations for small drones.

SkyDrive has signed an agreement with the Osaka Metro Co. to study using air taxis in the area after the 2025 World Expo there.

Brazilian startup Moya Aero has made its first transition with a subscale version of its tiltbody uncrewed electric vertical-takeoff-and-landing (eVTOL) vehicle.

Dufour Aerospace has conducted the first hover flight of the production-ready prototype for its Aero2 tiltwing hybrid eVTOL UAS.

Eanan Al Samma's Rikaz is a multicopter electric vertical-takeoff-and-landing (eVTOL) vehicle with four three-blade propellers mounted on arms.

The turboprop Grand Caravan aircraft have a range of about 1,150 mi. with a payload capacity of up to 1,200 lb.

The AAM Stock Composite soared more than 18% during the week ending Aug. 23.

H3 Dynamics will supply fuel cells to a project developing a modular, distributed hybrid hydrogen-electric propulsion system for future regional aircraft

MagniX unveiled a Dash 7 that it plans to convert to a hybrid aircraft by replacing two of its four turboprop engines with electric powertrains.

Beta guided the Unither Bioelectronics team through a version of its pilot training syllabus for the Alia CTOL.

EHang has received preorders for more than 1,100 aircraft in the Chinese market and is ramping up output after securing production certification in April.

Robinson Helicopter’s tie-up with United Therapeutics to develop a hybrid-electric version of the R66 is a sign of new CEO David Smith’s drive for innovation.

United Therapeutics’ founding objective to manufacture artificial organs and overcome the critical shortage of human organs for transplant is nearing takeoff.

While AAM will get its start using existing heliports and private terminals at airports, dedicated vertiport infrastructure is beginning to take shape.