UP.Partners is an early-stage venture capital company focused on funding startups developing enabling technologies for advanced mobility. UP was established in January 2020 by Ben Marcus and Cyrus Sigari, co-founders of private jet dealer jetAVIVA and drone airspace services provider AirMap.
California startup Archer Aviation says it is on track to certify a four-passenger electric vertical takeoff and landing vehicle for aerial ridesharing services in late 2024, and will finalize design of a production version using lessons learned from development of the Maker, a two-seat prototype unveiled in Los Angeles on June 10.
Regional air mobility startup Electra has unveiled its first commercial product, a hybrid-electric aircraft designed to fly a pilot and seven passengers up to 500 mi. with takeoff and landing distances of just 100 ft.
NASA has agreed to work with five U.S. state and local governments on how to integrate passenger and cargo advanced air mobility into their transportation plans.
A design tool enabling power trains for electric aircraft to be modeled and optimized early in design has been released by startup LaunchPoint Electric Propulsion Systems.
Advanced air mobility startup Lilium has selected Spanish aerostructures supplier Aciturri to build the composite airframe for its electric vertical-takeoff-and-landing (eVTOL) air taxi.
Garmin International said Feb. 10 that Joby Aviation has selected the Garmin G3000 integrated avionics suite for the electric vertical takeoff and landing vehicle it is developing.