Advanced Air Mobility

The Series A++++ round raised “hundreds of millions of yuan,” Volant posted on Weibo on Aug.19, and was led by the Beijing Robot Industry Fund.

Surf Air said it expects to conclude the conceptual design review phase for the electric variant by year-end.

Some eVTOL industry-watchers are beginning to question whether the juice is truly worth the squeeze when it comes to large-scale air taxi demos.

The gain paled compared to the nearly 4% gain in the S&P 500.

The single-seat Helix is a tilt-body recreational eVTOL based on the previous-generation BlackFly.

The proof-of-concept aircraft uses off-the-shelf systems.

Nordic ministers have agreed to intensify efforts to establish Nordic fossil-free air routes operated by electric aircraft by 2030.

A federal judge has overturned a decision that had awarded electric aircraft startup Zunum Aero $72 million in damages and dismissed all charges against Boeing.

Amazon Prime Air will trial drone delivery as it has done during previous trials.

With a maximum takeoff weight of 2,500 lb. (1,133 kg), the company describes the aircraft as the “largest civilian drone available for purchase today.”

With a cargo payload of 2 tons, the unnamed UAS is the largest uncrewed transport UAS developed in China.

The 1% weekly gain in the AAM Stock Composite came during a week when the S&P 500 traded flat.

The startup also announced a new $175 million equity raise.

The U.S. Energy Department’s research arm is studying whether it can launch a program to modify a regional jet into a flying testbed for the propulsion systems.

Joby’s first production prototype was rolled out in late June from its low-rate manufacturing facility in Marina, California.

Archer Aviation has released new details about its planned air taxi network in Los Angeles, one of the startup’s key launch cities, which it says can become operational as soon as 2026.

The flight was planned to coincide with Paris' hosting of the 2024 Summer Olympics.

The EL-2 Goldfinch is a two-seat technology demonstrator that combines hybrid-electric propulsion with a blown-lift architecture.

Constructed at Embraer’s Gavião Peixoto site in Brazil, the first Eve prototype was rolled out at a company event in July.

Beta Technologies has received FAA approval to commence dual-seat pilot training in its all-electric Alia vertical-takeoff-and-landing (VTOL) aircraft.

Aevex manufactures loitering munitions and uncrewed surface vessels in Tampa, Florida.

Archer says it is on track to complete construction of its high rate manufacturing facility in Covington, Georgia, by year’s end.

The design builds on experience from the Air One vertiport operational demonstration in Coventry, England, in April 2022.

Ampaire is preparing to conduct flight tests of its Eco Caravan, a modified Cessna Grand Caravan retrofitted with a hybrid-electric powertrain, on 100% SAF.

MagniX is preparing to begin modifying a De Havilland Canada Dash 7 into a hybrid-electric propulsion testbed.