Five startups emerged as winners from the pitch-style final of an urban air mobility innovation challenge sponsored by the Vertical Lift Consortium, a collaboration that supports the Defense Department.
Amid cautions from the United Nations (U.N.) concerning higher interest rates and the Standard & Poor’s 500 Index experiencing its worst monthly drop since March 2020 in September, the month of October opened as better in general in terms of stock performance.
With the world’s advanced air mobility (AAM) industry watching EHang’s progress toward the first type certification of an autonomous air taxi, the Chinese startup has reported that the project specific certification plan for its two-seat EH216-S has been approved by the Civil Aviation Administration of China.
When Eve Holding launched its electric vertical takeoff and landing commuter flight demonstrations in Chicago, the goal was to gather as much data and information as possible to formulate what a future commuter operation would look like.
The FAA should clarify its certification requirements for advanced air mobility vehicles and work with the federal energy department to validate battery technology and develop a charging infrastructure for electric aircraft, aviation industry representatives say.
Already planning to develop an autonomous hydrogen-fueled air and road vehicle and associated landing and refueling infrastructure, U.S. startup LuftCar has announced plans to develop a fuel-cell/battery hybrid propulsion system for the advanced air mobility market.
Textron Aviation is to help startup ZeroAvia develop and certify a hydrogen-electric propulsion conversion for the Cessna 208B Grand Caravan single-turboprop utility aircraft.
One of the more unusual designs for an urban air taxi—Spanish company Umiles Next’s “drone-of-drones” Concept Integrity—has conducted flight tests at the Onera Test Field in Toulouse.
Business aviation operators are eager to get their hands on advanced air mobility platforms, but infrastructure uncertainties may slow their introduction, panel discussion participants at the Air Charter Expo say.
Electra.aero conducted the first flight of its Dawn One solar-battery hybrid-electric research aircraft at its new development facility at Manassas Regional Airport in Virginia on Sept. 9.
MintAir, a startup that plans to become an advanced air mobility operator in South Korea, has signed a letter of intent with Electra.aero to acquire 50 electric short takeoff and landing aircraft for passenger and cargo regional air mobility services.
First flight of the all-electric commuter and cargo aircraft prototype is a major milestone on the road toward the fielding of a new generation of sustainable air vehicles.
Embraer spinoff Eve Holding has signed an agreement with on-demand helicopter service provider Blade India that covers electric air taxis and urban air traffic management software.
The Federal Reserve’s meeting on Sept. 22 lived up to expectations, with the Fed increasing interest rates by three-quarters of a point, the third consecutive increase and fifth hike in 2022.
Vertical Aerospace has conducted the first tethered hover flight of the full-scale demonstrator for its VX4 electric air taxi, the startup staking the claim to be the first British company in 20 years to begin flight tests of a new aircraft.
Ferrovial Vertiports, which is working with Lilium to develop a network of vertiports in Florida for operation of Lilium Jets, is extending its partnership with infrastructure consulting firm AECOM.
