The FBO division of Europe’s Luxaviation Group plans to develop ground infrastructure for future advanced air mobility (AAM) vehicles as it pursues a growth strategy based on building and acquiring new facilities.
Atlantia, the parent company of subsidiaries that have formed an urban air mobility venture known as Urban Blue, is the target of multiple private equity firms.
Lift Aircraft has been awarded a Phase 3 contract by the U.S. Air Force’s Agility Prime program to continue experimentation and flight tests of its single-seat HEXA electric vertical takeoff and landing aircraft.
Hexcel has signed a letter of intent with Archer Aviation to provide high-performance carbon fiber materials for the electric vertical takeoff and landing startup’s production air taxi.
Piasecki is planning to fly an 80-kW fuel-cell powertrain in an off-the-shelf commercial helicopter as a key demonstration step toward development of its PA-890 hydrogen-electric light helicopter.
South Korea’s Doosan Mobility Innovation (DMI) has secured a 27 billion won ($22 million) investment, primarily for the development of cargo drones powered by hydrogen fuel cells.
Helicopter leasing company Lobo Leasing has signed a letter of intent with Pipistrel that includes deposits for the acquisition of 15 Nuuva V300 hybrid-electric vertical takeoff and landing unmanned cargo aircraft.
Germany’s government has confirmed it is funding a project to modify a Dornier 328 regional turboprop into a flying testbed for zero-emission hydrogen-electric propulsion.
As it works to establish design and manufacturing operations in Montreal, Jaunt Air Mobility has secured two new Canadian investors and advisors, retired Air Canada CEO Calin Rovinescu and entrepreneur Mitch Garber.
Helicopter and commercial aircraft brokerage Blueberry Aviation has signed an agreement to support Swiss startup Dufour Aerospace in securing launch customers for its Aero2 and Aero3 hybrid-electric vertical takeoff and landing aircraft.
Boosted by a $23 million Series B financing round funded by investors with combined balance sheets exceeding $300 billion, UK vertiport startup Skyports is increasingly confident that, when certified urban air taxis do become available, the needed infrastructure can be in place.
Pioneer Aerospace, an experienced manufacturer of parachutes and aerodynamic deceleration systems for NASA space missions, has been acquired by Aviation Safety Resources, a company developing aircraft recovery parachute systems for the advanced air mobility market.
U.S./Spanish startup Skydweller is to add a hydrogen fuel-cell power system to its extreme-endurance, solar-powered unmanned aircraft under a $14 million contract from the U.S. Defense Innovation Unit in conjunction with the U.S. Navy.
Hydrogen-electric propulsion startup ZeroAvia has partnered with zero-emission vehicle refueling company ZEV Station to develop a hydrogen refueling infrastructure for airports in California.
Spirit AeroSystems (Europe), based in Prestwick, Scotland, has signed a term sheet in principle with UK startup Electric Aviation Group (EAG) to collaborate on the development of technologies to support zero-emission flight.
At the end of 2020, South Korean automaker Hyundai revealed that it planned to field a longer-range regional air mobility vehicle as a follow-on to the electric vertical takeoff and landing urban air taxi it is developing for market entry in 2028.
